United Arab Emirates
La Hoya Bay - RAK - United Arab Emirates
Wednesday 4th August 2010
The luxurious La Hoya Bay Residence is a grand, seaside marina resort situated on the Al Marjan Island, just a short distance from central Dubai. Whether you're looking for a weekend retreat, a spot to live a luxurious life, or work in the city but want a more serene backdrop for your everyday existence, the property in Al Marjan Island offers it in abundance.
Al Marjan Island is the first man made island to be built in Ras Al Khaimah and consists of five smaller islets that stretch out, in total, 2km into the Arabian Gulf. Landscaped Gardens are evident throughout La Hoya Bay Residence, and apartments and buildings are crafted from local stone and marble as well as luxurious woods.
Location
Al Marjan Island is a collection of five man made islands located 27 kilometers southwest of the town centre of Ras Al Khaimah. The cluster of five man made islands will cover an area of over 2.7 million square meters and will be worth over $1.8 billion USD. With the development due for completion by June 2009, Al Marjan Island will extend over two kilometers into the clear blue waters of the Arabian Gulf.
On completion, Al Marjan Island will become a haven of tranquillity for its residents, a unique development comprising of floating villas, sporting facilities, resorts, luxury hotels and commercial areas.
Being located in the beautiful emirate of Ras Al Khaimah, Al Marjan Island is only a 45 minute commute to the commercial centre and international airport in the neighbouring emirate of Dubai. With plans currently in place for a new rail network across the emirates, as well as a state of the art hovercraft link between Ras Al Khaimah and Dubai, it seems likely that the demand for property in Al Marjan Islands and Ras Al Khaimah will increase considerably.
La Hoya Bay Investment Overview
La Hoya Bay Residences are similar to the Palm, Dubai yet a quarter of the price. As the holiday desitination of choice for the wealthy of Dubai, Abu Dhabi and the whole of the middle east rental yeilds are significant.
Features and Facilities
- Stuning views of marina, bay and out to the terquiose ocean
- Retail, resturants, bars and clubs
- Multiple security systems
- 24/7 Concierge
- 4 outdoor temperature controlled swimming pools and a childrens pool
- Gated community
Investment Summary
The La Hoya Bay Residence is a stunning development of 288 beautiful resort style apartments located on the beautiful Al Marjan Island in Ras Al Khaimah. Beautiful white beaches and crystal clear water mean that moving to La Hoya Bay is a true lifestyle choice for those wishing to experience the very finest of what this region has to offer.
The La Hoya Bay Residence?s feature multi-sized apartments which are available as studios (50 square meters) up to the large three bedroom apartments (187 square meters). Located on the beach front, the apartments at La Hoya Bay genuinely capture the true essence of beach front living, and the various opportunities and activities which come with it.
La Hoya Bay offers its residents the relaxing lifestyle so typical of Ras Al Khaimah, whilst retaining a close proximity to the thriving commercial centres of Dubai.
Pricing
Contact us for the latest prices and availability.
Payment Plans
Plans below:
- 5% deposit on reservation
- 10% on signing of purchase contract
- 15% on shell
- 20% roof
- 50% on completion