On 1 February 2023, Range signed an agreement with Marjan to build three separate developments. First, The Beach House at Al Marjan Island, with 88 apartments; second, The Beach Residences at Al Marjan Island with 421 apartments and 11 townhouses; and third, The Beach Vista at Al Marjan Island. All will boast stylish and modern contemporary designs and interiors. Prices start from AED1.1 million (US$299,000) and offer potentially significant returns. The projects have a combined gross development value of close to AED1.5 billion.
“Our site selection, building design and interior aesthetic have been carefully curated to cater to end-users and investors alike,” says Riaz Shariff, Managing Director and Member of the Board of Range Developments Group.
The emirate is witnessing significant infrastructure development, including the expansion of airports, ports, and road networks, which has further boosted its economic potential. As a result, the demand for residential and commercial properties in the emirate is on the rise, making it an attractive investment opportunity.
Address
Boulevard Plaza, Tower 2, Office 1104, Dubai, United Arab Emirates