New Anantara hotel in UAE builds Maldives-inspired water villas
RAK Properties is building a new Anantara hotel on Mina Al Arab – the new waterfront community built in Ras Al Khaimah, UAE. This new hotel will cost an estimated sum of approximately USD 82 million and will feature 250 rooms, including a selection built over the ocean – a first for the emirate.
Mohammed Sultan Al Qadi, Chief Executive Officer of RAK Properties said: “The resort – Anantara Mina Al Arab Ras Al Khaimah Resort – will comprise 250 units with Maldives-inspired overwater villas. It will open in late 2018.”
124 villas are being built in phase one, which will be delivered by the last quarter of 2015. Earlier this month, the developer awarded the construction of contract for the second phase to Al Nuaimi Group, which will then build 68 ‘Flamingo’ and ‘Bermuda’ Villas.
This is not the first time that Anantara has modelled a Middle Eastern resort concept on those found in the Maldives. Earlier this year, Banana Island Resort, also operated by the Anantara Hotels, Resorts & Spas brand, was opened in Qatar. The property offers an array of accommodations, all with an ocean view, including 11 Maldivian-style water villas.
RAK Properties, which is listed on the Abu Dhabi Stock Exchange, signed a hotel management agreement with Minor Hotel Group (MHG) to operate the resort.
Speaking about the agreement with MHG, Sultan Al Qadi said: “The UAE is very attractive market because its offers freehold, has a growing population, flexible rules, nearly 200 nationalities living here, best airport and best airlines – all these is making investment into real estate attractive.”
He continued: “Anantara will be a great addition to Mina Al Arab and we expect this resort to be highly sought-after, especially taking into account the tranquil appeal of its Maldivian-style overwater villas.”