Rakeen completes reclamation of USD 1 billion Al Marjan Island development in
Yesterday, 6th April, Rakeen, one of Ras Al Khaimah’s most dynamic property developers and master planners, and the real estate development arm of the Ras Al Khaimah Government, announced that it has recently completed reclamation work of the USD 1 billion Al Marjan Island, the first man-made island in the emirate of Ras Al Khaimah and favourite for property in Ras Al Khaimah effectively expanding the emirate\'s coastline by an additional 21 kilometres.
Rakeen also revealed that infrastructure work for Phase One of the 2.7 million square metre project is underway, covering water, electricity, district cooling, sewerage, storm water service drainage, telecommunication, roads, channel crossings and street lighting facilities.
Phase One of the infrastructure works comprises the peninsula, Island No.1 and Island No.2 of the four-island cluster project. Rakeen is responsible for the reclamation and infrastructure works of Al Marjan Island and is also developing Bab Al Bahr, the island\'s inaugural development project that will serve as a gateway to the integrated island community. Leading regional and international developers have been awarded contracts for other prestigious development projects on Al Marjan Island, including Select Property & Select Group’s Pacific project.
Rakeen completed the reclamation work of the entire Al Marjan Island after finalising the sand filling and rock work of Island No.3 in January 2009. Reclamation works of Island No.2 and Island No.4 were completed in 2008. When Rakeen took over as master developer of Al Marjan Island from the Public Works Department in May 2007, the Peninsula, Island No.1 and about 40 per cent of Island No.2 had been reclaimed.
The beach formation for Islands No. 3 and 4 has been completed as part of the dredging contract. For the Peninsula and the Islands No. 1 and 2 the beach formation will be performed at a later stage and after construction of most of the developments on these islands.
- 21st Apr 2009
- Ras Al khaimah Property News
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