DIR hits milestone as RAK becomes realty hotspot

Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, has begun the first phase of handovers for its flagship beachfront development, Danah Bay, located on Al Marjan Island in Ras Al Khaimah — marking a major milestone in the emirate’s rapid rise as a sought-after real estate destination.

- Issac John [e-mail]

A total of 171 landside villas are now fully complete and ready for handover. This includes 143 townhouses and threeand four-bedroom villas, along with 28 premium landside units featuring spacious fourand five-bedroom configurations. All aspects of the construction — internal and external finishes, service infrastructure, and landscaping — have been finalised, making way for new residents to begin a life by the sea.

Work is also advancing steadily on the development’s most exclusive offering — the Breakwater Villas — which are uniquely positioned with direct sea-facing views. The Villa Side cluster, comprising eight luxury villas, is at 91 per cent completion, with structural and envelope work finished and internal finishing nearing its final stages. Meanwhile, the 10-villa Hotel Side cluster is currently at 69 per cent completion, with visible progress across internal works and building services.