#PROJECT-Ras al khaimah. AAKAR

[soennecken]

AAKAR
Aakar Marjan Island will be located on the 3rd Island within the coral like formation and is a 5* resort with a hotel, apartments and retail on site. The hotel will occupy the northern wing of the building and will be managed by one of the large 5 hotel chains. There is a letter of intent from a company but RAKEEN cannot divulge fully until signed and sealed in the next few weeks. It is however a large household name.

The hotel will provide 5* facilities to the private apartments in the same building including housekeeping, room service, conference facilities, dry cleaning and a 24 hour concierge.



http://www.7cinvest.com/pdf/aakarmar...idualplans.pdf

The apartments are smaller but more expensive than La Hoya Bay
Starting prices from:

Studio Type 1 - 678 sq ft - AED 813,600 / £107,053
Studio Type 2 - 614 sq ft - AED 736,800 / £96,947
1 Bed Type A1 - 754 sq ft - AED 874,640 / £115,084
1 Bed Type A2 - 754 sq ft - AED 904,800 / £119,053
1 Bed Type B - 862 sq ft - AED 999,920 / £131,568
2 Bed Type A - 1227 sq ft - AED 1,496,940 / £187,279
2 Bed Type B - 1206 sq ft - AED 1,459,260 / £192,008
2 Bed Type B' - 1206 sq ft - AED 1,398,960 / £184,074
2 Bed Type C - 1346 sq ft - AED 1,547,900 / £203,671

[soennecken]

AAKAR UNIT TO DEVELOP HOTEL ON RAK ISLANDS.

Aakar Developers a leading Canadian real estate company plans to develop a 5 star hotel and residential apartment complex on Al Marjan Island.

They will create a new company called Aakar Marjan Island will which invest dh600million to develop the project.

Talks with an international reputed hotel operator are underway for the management of the project which will be officially launched within the next few months.

The project will occupy a five acre plot on the largest island and is targeted for completion in 2010. This will be an ultra exclusive property with prices above those of other projects already approved for Al Marjan.

[Tarix_C]

Is this project still "alive"? Aakar already have another project on Island 2 called Harbour Beach Residence, sold by 7Cinvest in the UK.

[Monica_B]

Does any1 know the current status on aakar marjan island project?

[ALIDUBS]

Aakar are salt testing there plot at the moment and will be starting pilling very soon ! The project looks very good. Does anyone know how much it is selling for or has anyone bought into this project at Harbour Beach Residence.

[hezixixi2009]

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[uae_guy]

I think this project is canceled

http://www.zawya.com/story.cfm/sidZW...emailmarketing

[ALIDUBS]

UAE Guy, You have this project mixed up with some other project. The one you are refering to is in Dubai and the developer is Nakheel. This particular one is is RAK hence the thread being in Northern emirates threads. The project is called Harbour Beach Residence and the developer is Aakar !

I am really thinking of buying in to this project but need some feedback from people who have bought in to this project. Prices from what i have been told are around 1300 per sq ft. Which souns good to me for a full sea view 5* serviced hotel apartments with beach front access.