A manmade island in Ras Al Khaimah,
which is being billed as a “mini Ibiza”, has plans to attract as many as 20,000
partygoers with two ‘mega clubs’, four beach clubs, five hotels and 100
restaurants.
Dream Island, one of four in the $1 billion Al
Marjan Island development (pictured below), is being promoted as a venue that will rival one of
Europe’s biggest party capitals.
“We’re trying to make it the new Ibiza –
a mini Ibiza dedicated solely to partying,” George Saad, sales and marketing
director at Al Marjan Island, told the Daily Mail.
“People will be able to come here, stay
in the hotel, party at clubs on the beach, anything in the world you can do. And
we are trying to attract festivals to come here – like Burning Man,” he added.
Saad was speaking at the Dubai Property
Show in London’s Kensington Olympia, where the developers of the third of four
islands that make up Al Marjan are looking to attract $4.9 billion of
investment.
The 370,000 square metres Dream Island,
which will not feature any homes, is expected to be completed by 2018.
Located 27km south-west of Ras Al
Khaimah city centre, the four islands of Al Marjan stretch nearly three miles
out into the sea and cover an area of 2.7 million square metres. The entire
development comprises four coral-shaped islands that include a range of marina
homes floating villas, hotels, resorts, sports facilities and shopping centres.
The company behind the development has
said January sales have doubled, year-on-year.
Abdullah Rashed Al Abdooli, managing director
of Al Marjan Island Company, said: “The heightened investment in Al Marjan
Island coincides with rising demand for luxury hotels and residential
apartments and, which is an indicator that investors are closely monitoring the
UAE real estate market and channelling their investments accordingly.”
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