Crowngate International to invest AED 220 million to develop an upscale luxury resort at Al Marjan Island

 Crowngate International, a leading real estate development company announced that it has acquired a plot on Al Marjan Island in Ras Al Khaimahto develop a new upscale resort. Valued at AED 220 million, the new property is scheduled to open in late 2019.

“It is indeed a pleasure to welcome Crowngate International to the Al Marjan Island. Associating with them will not only add value to our island, but also position us as premium facilitators for world-class living and investments” said Architect Abdullah Al Abdooli, Managing Director of Al Marjan Island.

Construction of the new luxury project by Crowngate International is slated to begin in early XXX and will be completed in XXX years.

Joe McCormack, Founding Partner, Crowngate International said “Crowngate is thrilled to be announcing our new Al Marjan Island  resort in Ras Al Khaimah, which is fast becoming the emirate of tomorrow. In a very short period, Al Marjan Island has become a leading luxury lifestyle and tourist destination for visitors not just from the GCC, but internationally. The new resort will bring a unique and refreshing blend of style and comfort to our hotel that will leave a lasting impression on all who visit,”

“To be in partnership with Al Marjan Island is a great honour. The association brings not only global recognition, but will also help us showcase our unrivalled expertise in developing luxury properties,” added Joe McCormack.

Crowngate is a leading real estate development company with offices in Europe, the Middle East and Africa. The company specialises in offering clients high performing and secure properties. Committed to providing the highest standards of client care, CrowngateInternational focuses entirely on bespoke investments in property hotspots and high demand locations. The company has developed a reputation for investment property that delivers on returns, location and quality.