Dubai Investments has launched construction on a new residential and hotel tower project in Ras Al Khaimah, located in the northern emirate. The expansive project spans 90,000 square meters and features 40,000 square meters of beachfront, including 189 villas.

Situated on Al Marjan Island, the development is known as Danah Bay and involves an investment of AED 1 billion ($272 million). This includes the construction of the 4-star Grand Millennium Resort and the Danah Bay Residential Tower.

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The 89-meter-tall Danah Bay Residential Tower will house 143 units, including luxury penthouses and apartments ranging from one to four bedrooms. The tower boasts a distinct wavy, glazed façade and breathtaking sea views, offering residents direct beach access and proximity to the exclusive Grand Millennium resort.

The 4-star Grand Millennium resort features 300 rooms and is poised to revolutionize the hospitality industry with its array of amenities, including dining establishments, meeting spaces, a private beach club, a pristine beach, a spa, and state-of-the-art fitness centers.

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Obaid Salami, General Manager of Dubai Investment Real Estate, the project developer and real estate arm of Dubai Investments, stated, “We have begun the enabling works for the residential and hotel tower at Danah Bay, Al Marjan Island. This groundbreaking ceremony signifies the formal commencement of construction activities on-site.”

“Breaking ground on the Danah Bay residential tower and the hotel represents a new chapter in urban development,” Salami added. He noted that the project aligns with Dubai Investments’ vision for Ras Al Khaimah as a future hub for living, leisure, and exploration.

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Salami emphasized the emirate’s potential, citing Danah Bay on Al Marjan Island as a catalyst for transforming the area into a sought-after beach destination and community.

Construction on Danah Bay began in 2023 and quickly became known as a luxury lifestyle destination, attracting both local and international investors.

Phase I of the project includes three-bedroom, three-plus-bedroom, and four-bedroom villas, and is set for completion in the first quarter of 2025. Phase II, featuring two-bedroom townhouses and villas with four, five, and more bedrooms, is expected to be finished by the second quarter of 2025.

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Phase III, which includes the residential and hotel towers, will further enhance Danah Bay’s reputation as a premier Ras Al Khaimah destination, according to the developer.

Salami remarked that Danah Bay has become a symbol of luxury living, attracting discerning buyers with its promise of unparalleled coastal experiences. He also noted the strong sales generated by the tower even before construction completion, reflecting the market’s confidence in the Dubai Investments brand.

The residential tower and hotel are slated for completion by the third quarter of 2026 and 2027, respectively, with construction progress at Danah Bay remaining on track.