Major Developers Unveils AED1 Billion Luxury Project in Ras Al-Khaimah

The UAE-based real estate company Major Developers has unveiled plans for a new AED1 billion luxury residential project in Ras Al-Khaimah. The project, named Manta Bay, will be the company's first venture in the emirate and is set to make a significant impact on the luxury real estate market in the region.

Situated on the picturesque shores of Al-Marjan Island, Manta Bay draws inspiration from the renowned Manta Bay in Indonesia, promising exclusivity and sophistication. With construction scheduled to commence by mid-2024, the development is poised to redefine luxury living in Ras Al-Khaimah.

Naren Vish, the Chief Marketing Officer of Major Developers, expressed optimism about Ras Al-Khaimah's potential to attract a substantial share of the UAE's real estate market. He highlighted the emirate's strategic location, robust infrastructure upgrades, and growing demand as key factors driving this investment decision.

In conclusion, Major Developers' announcement of the AED1 billion Manta Bay project underscores the company's commitment to expanding its presence in the UAE's real estate sector. With its promise of luxury living on Al-Marjan Island, this development is poised to set new standards for exclusivity and elegance in Ras Al-Khaimah.