Wednesday, January 15, 2025

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The Al Marjan phenomenon that is shaking the market like never before

The Al Marjan Island of Ras Al Khaimah has left behind Dubai’s thriving market and has emerged as one of the most desirable spots for investors in the United Arab Emirates. This archipelago of Al Marjan is working to surpass its main competitors, with luxury developments, hotels, and entertainment sectors that promise to dominate the territory.

This site consists of four islands, known as Breeze Island, Treasure Island, Dream Island, and View Island, covering an area of more than 2.7 million square meters. This area is nestled in the Persian Gulf and features a vast luxury beach ideal for tourists, workers, and ambitious investors.

The first casino in the United Arab Emirates, the perfect attraction for investors in Al Marjan

One of the most important promises within Al Marjan is the creation of the region’s first legal casino, which will not only attract tourists who are gambling enthusiasts but will also allow the Ras Al Khaimah region to diversify its economy and position itself within the territory as one of the hubs that could overshadow Dubai.

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The region is not only attractive due to the promise of this casino, which will be inaugurated in 2027, but also because of the tax advantages for foreigners and entrepreneurs, offering zero corporate and income taxes, making it an appealing proposal for those looking to maximize their profits.

Digital assets and artificial intelligence, another of Al Marjan’s attractive points

Activos digitales e inteligencia artificial, otro de los puntos atractivos de Al Marjan

The markets are also adapting to new technologies and in Ras Al Khaimah they have begun to incorporate digital assets and the use of artificial intelligence. Cryptocurrencies and innovations related to blockchain are causing strong acceptance among investors who are adapting to this new trend and recognize a revolutionary approach in it.

In this way, Al Marjan stands as the main competitor to Dubai by adapting to the most modern modalities and appealing to the diversification of the economy, adopting new real estate developments and luxury hotels, setting the pace for the new demands and needs of the market. Its strategic location is also one of its main qualities, far surpassing Dubai and the capital, Abu Dhabi.

Sora Beach, a luxury development within Al Marjan

Sora Beach, un desarrollo de lujo dentro de Al Marjan

Sora Beach is one of the most anticipated projects in recent times in Al Marjan, designed by the Japanese firm Nikken Sekkei. This space attracts the attention of high-net-worth individuals and institutional investors from around the world. This lush building required an investment of 1.08 billion dollars (4 billion dirhams), promising to provide a piece of paradise for those who want to connect with nature’s life in this dreamlike setting. Sora Beach Residences is one of the great promises of this territory because it features luxury finishes and amenities that leave no room for imagination.

Each house in this luxurious complex is fully furnished, with interiors designed by the award-winning designer Shalini Misra Design, offering a combination of modern elegance and functional luxury. In this space, you will find a private beach club, an infinity pool, a sky bar, and a state-of-the-art gym. This development also demonstrates the interest of the emirate’s authorities in creating a new luxury space here, also aimed at leisure, entertainment, and tourism.

Alfonsina Murialdo
Alfonsina Murialdo
Periodista de la Universidad Nacional de La Plata en Argentina. Especialista en inversiones y Real Estate en Dubai y todo Emiratos Árabes Unidos.

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