Overview
This
well designed architectural magnificence is Bab Al Bahr, literally
meaning Gateway to the Sea. The pyramid shaped cluster of buildings
allow easy beach access and panoramic views of Al Marjan Island,
which is only 45 minutes drive from Dubai.
Apartments
are available as studios (from 441sq ft) to luxurious three bedrooms
(up to 2,750 sq ft). Bab Al Bahr,
located in Ras Al Khaimah, will be the first project to be developed
by Rakeen on Al Marjan Island, the master developer’s man-made
coral-shaped atoll being built to extend four kilometers into
the Arabian Gulf.
Located
only twenty kilometers from Ras Al Khaimah International Airport
and 45 minutes away from Dubai, Bab Al Bahr will be a self-contained
community, presenting residents and visitors with leisure facilities
including a nearby golf-course, exotic gardens, beach parks, a
la carte dining options and beach activities.
Additional features
The development is located in
a freezone and owners will be entitled to apply for a residency
visa upon completion.
Bank finance is available subject to terms and conditions
• Beach access
• Restaurants and Cafes
• Basement parking included in price
• Swimming pools
• Health clubs
• Landscaped gardens
The Developer
RAKEEN is the master developer
behind Al Marjan Island. Like Nakheel, who developed The Palm
Jumeirah in Dubai, Rakeen are also government backed and owned,
with massive plans for expansion over the next decade and beyond.
Payment Option
This project offers a typical
payment plan with 10% deposit, then 13% every three months until
62% has been paid. The balance of 38% is
then due on completion, which is expected late 2010.
Finance
is available through Union National Bank, a leading mortgage provider
in the UAE, offering flexible mortgage options for individual
investors, salaried individuals and commercial entities.
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