UAE-based development group Ta’sees has revealed plans for a US $272 million (AED1 billion) tower-based project in Ras Al Khaimah.
The Airport Towers project, situated in the RAK Airport Free Zone, consists of 10 commercial towers, each one comprising 10 floors, in addition to eight 11-floor residential towers, two tower blocks comprising furnished apartments, a luxury hotel and a cargo village.
“Ras Al Khaimah is rapidly coming into its own as an investment destination with a mushrooming hospitality sector,” said Ta’sees president Saad Al Moosa.
With projects such as the Airport Towers, the emirate is undergoing rapidly accelerated development, and we hope to see it catch up and overtake other, more established, tourism destinations in the UAE,” he added.
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