Dubai Investment completes delivery of 189 villas in Ras Al Khaimah
2026-06-18 14:16
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en.Wedoany.com Reported - Dubai Investment Real Estate (DIR) has completed the delivery of all villas at the Danah Bay mixed-use waterfront development on Al Marjan Island in Ras Al Khaimah, with a total of 189 villas handed over.

The delivered portfolio includes townhouses, three- to five-bedroom villas, and waterfront residences with sea views. Structural works, building services, interior finishes, and external infrastructure for all villas have been completed. DIR had previously delivered 171 onshore villas, followed by the readiness of the remaining 18 breakwater villas, marking the full completion of the villa component of the project.

Obaid Al Salami, General Manager of DIR, stated that the completion of all villas represents a decisive milestone in project delivery, reflecting rigorous execution and adherence to the committed timeline. While completing the core residential component, the project is also laying the foundation for a waterfront community incorporating lifestyle, hospitality, and retail elements to support Ras Al Khaimah's growth as a tourism and investment destination.

Significant progress has been made on the residential tower, comprising 143 apartments across 19 floors. Foundation and substructure works have been completed, superstructure works are approximately 78% complete, and curtain wall, mechanical, electrical, and interior finishing works are progressing across multiple floors. The overall construction progress of the tower stands at approximately 38%.

In the master plan, the hotel component has an overall completion rate exceeding 30%, with construction of external infrastructure, landscaped areas, walkways, and community spaces advancing in parallel to support the project's gradual operational launch.

Danah Bay is planned as a fully integrated waterfront community combining residential, hospitality, retail, and lifestyle functions, with core elements including private beach access and a curated waterfront experience. DIR stated that the project is progressing along its delivery roadmap to establish its presence in Ras Al Khaimah's real estate landscape.

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