Major Developers Launch Phase Two of Manta Bay on Al Marjan Island
Real Estate

Major Developers Launch Phase Two of Manta Bay on Al Marjan Island

Phase Two has been launched in response to heightened demand, with strong investor interest and expressions of interest (EOIs) already translating into multiple initial bookings. Units are selling fast, reflecting the unparalleled appeal of this unique luxury development.

Designed to cater to the preferences of a global investor base spanning over 25 nationalities, Phase Two offers innovative luxury living solutions. The buyers can also choose fully furnished units to enhance investment potential. Additionally, these units feature private jacuzzis and BBQ-equipped terraces, creating an exceptional lifestyle experience that distinguishes Manta Bay both in the UAE and worldwide.

Andrei Charapenak, CEO of Major Developers, said, “The overwhelming interest in Manta Bay Phase Two is a testament to the project’s appeal and the confidence investors have in our vision. With exclusive new units and its prime location on Al Marjan Island—home to transformative developments like the Wynn Al Marjan Island resort—this phase enhances the luxury living experience.”

He added, “We are thrilled to see strong momentum from both local and international buyers, with Phase Two already receiving bookings and EOIs from investors across 25 countries. This is a clear reflection of Manta Bay’s global appeal and its potential as a prime investment opportunity. To meet this growing demand, we have introduced a wider range of layouts designed to accommodate evolving investor and resident needs.”

Ras Al Khaimah continues its rise as a premier real estate and tourism hub, supported by bold development initiatives. A recent study projects the emirate will welcome over 5.5 million visitors by 2030, achieving a compound annual growth rate (CAGR) of 28% from 2022. Transformative projects like the Wynn Al Marjan Island resort underscore the emirate’s potential as a global destination.

Major Developers also welcomed Italian football legend Francesco Totti as their brand adviser, adding a touch of international celebrity recognition to its already prestigious appeal. Totti’s association highlights the development’s global allure and luxurious lifestyle, reinforcing its reputation as a world-class destination for discerning investors and residents.

Manta Bay aligns seamlessly with Ras Al Khaimah’s ambitious vision to become a global hub for tourism and investment, further cementing its position as a standout destination on the world stage.

Phase Two has been launched in response to heightened demand, with strong investor interest and expressions of interest (EOIs) already translating into multiple initial bookings. Units are selling fast, reflecting the unparalleled appeal of this unique luxury development. Designed to cater to the preferences of a global investor base spanning over 25 nationalities, Phase Two offers innovative luxury living solutions. The buyers can also choose fully furnished units to enhance investment potential. Additionally, these units feature private jacuzzis and BBQ-equipped terraces, creating an exceptional lifestyle experience that distinguishes Manta Bay both in the UAE and worldwide. Andrei Charapenak, CEO of Major Developers, said, “The overwhelming interest in Manta Bay Phase Two is a testament to the project’s appeal and the confidence investors have in our vision. With exclusive new units and its prime location on Al Marjan Island—home to transformative developments like the Wynn Al Marjan Island resort—this phase enhances the luxury living experience.” He added, “We are thrilled to see strong momentum from both local and international buyers, with Phase Two already receiving bookings and EOIs from investors across 25 countries. This is a clear reflection of Manta Bay’s global appeal and its potential as a prime investment opportunity. To meet this growing demand, we have introduced a wider range of layouts designed to accommodate evolving investor and resident needs.” Ras Al Khaimah continues its rise as a premier real estate and tourism hub, supported by bold development initiatives. A recent study projects the emirate will welcome over 5.5 million visitors by 2030, achieving a compound annual growth rate (CAGR) of 28% from 2022. Transformative projects like the Wynn Al Marjan Island resort underscore the emirate’s potential as a global destination. Major Developers also welcomed Italian football legend Francesco Totti as their brand adviser, adding a touch of international celebrity recognition to its already prestigious appeal. Totti’s association highlights the development’s global allure and luxurious lifestyle, reinforcing its reputation as a world-class destination for discerning investors and residents. Manta Bay aligns seamlessly with Ras Al Khaimah’s ambitious vision to become a global hub for tourism and investment, further cementing its position as a standout destination on the world stage.

Next Story
Infrastructure Energy

Adyant Enersol & UPC Renewables Secure SJVN's 600 MW Wind Project

Adyant Enersol (Datta Infra) and UPC Renewables secured contracts in SJVN’s auction to develop 600 MW inter-state transmission system (ISTS)-connected wind power projects under a build-own-operate model. Adyant Enersol was awarded 70 MW with a tariff of Rs 3.98/kWh, while UPC Renewables secured 100 MW at a tariff of Rs 3.99/kWh. The tender for these projects was issued in March 2024, allowing bidders to submit proposals for capacities ranging from a minimum of 50 MW to a maximum of 300 MW, with project sizes specified in multiples of 10 MW. The selected developers are required to establis..

Next Story
Infrastructure Energy

Bridge and Roof Secures SJVN Contract for 100 MW Solar Project

Bridge and Roof Company, a government enterprise under the Ministry of Heavy Industries, has secured the engineering, procurement, and construction contract from SJVN Green Energy to establish a 100 MW solar power project in Rajasthan’s Didwana-Kuchaman district. The project is valued at approximately Rs 3.5 billion. The tender was issued in April 2024. The scope of work includes land development, design and engineering, procurement of equipment and materials, testing at the manufacturer’s facility, packing, transportation, supply, unloading, on-site storage, installation, erection, test..

Next Story
Infrastructure Transport

NHAI Uses AI and Drones to Detect 1,000 Encroachments on Highways

The National Highway Authority of India (NHAI) has implemented artificial intelligence (AI) and drone technology to detect approximately 1,000 encroachments on four major national highways. This initiative aims to address obstacles that hinder road construction projects and ensure their timely completion. The survey covered a span of about 360 kilometres, utilising high-frequency drones to capture detailed aerial images of the highways. AI-driven algorithms analysed these images to identify potential encroachments, including parked vehicles, construction materials, and makeshift structures. F..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000