Dubai adds a new luxury project expected to launch by the end of this year or early 2025. This new luxury enclave is set to help the city develop as the preferred destination that boasts a multitude of unique million-dollar projects. Additionally, Abu Dhabi emerges as another enclave with developments of this kind that aim to position the United Arab Emirates at the pinnacle of global tourism.
Falcon Island is one of many plans affected by the crisis at the turn of the millennium, but it has managed to move forward to bring more exclusivity to Dubai. This site was stalled for three years and consists of the construction of a set of artificial islands that have a unique shape.
The artificial islands with a unique shape that redefine Dubai.
This new destination called Falcon Island is managed by the investment company of Ras Al Khaimah in the United Arab Emirates, which has created a series of villas on an island within the award-winning residential community of Al Hamra Village. This space will feature stunning views of the Arabian Gulf, with a large lagoon, golf course and a marina from which the Hajar Mountains can be seen in the background.
This massive project will be presented in two phases, with the first phase featuring 240 luxury seven-bedroom villas ranging from 120 to 600 square meters. These units will also have their own beach and pool. This area is near a world-class golf course and several luxury hotels in Al Hamra, including the Waldorf Astoria Ras Al Khaimah and the Ritz Carlton Al Hamra Beach, as well as the marina and the Al Hamra yacht club. It also includes a women-only pool, a fully equipped gym, a shopping center, a tennis court, and various dining areas.
How the investment in the most exclusive islands of Dubai will be.
These islands offer a framework of pure exclusivity for those who choose to live on them, and each of these sites can be accessed by sea or land. The main characteristic of this destination is to attract luxury and exclusive investors. So much so that 70% of the island will be dedicated to open spaces, and it is such a ‘vip’ project that the company has selected people from more than 100 countries to invite them to the project launch, including investors and potential buyers.
This development, valued at about 272 million dollars (approximately 246 million euros at the current exchange rate), is located in the city of Ras Al Khaimah and will begin to develop throughout the second quarter of this year in a particular shape of a falcon, which is the typical bird of the city. Not only is this site one of the promises for 2024, but it is also expected that Dubai will launch Madinat Jumeirah, which aims to become one of the largest resorts in the world, with 48 restaurants and electric boats for touring it. In Abu Dhabi, projects are added to the list with other promises that position the United Arab Emirates as the best for tourists worldwide. Yas Island is one of the projects in the capital that will host four theme parks near Ferrari World. Meanwhile, Saadiyat Island is proposed as “the island of culture,” with world-class museums like the Louvre and the new Guggenheim, as well as digital exhibitions.
