Major Developers Reports Near Sell-Out of Manta Bay Phase One

Thursday, 31 October 2024

Major Developers have nearly sold out phase one of their flagship Manta Bay project on Al Marjan Island, Ras Al Khaimah. This milestone highlights the strong demand for luxury residences in the emirate, with the project offering exclusive designs, state-of-the-art amenities, and sustainable living standards.

Key Highlights:

  • High Demand for Phase One: Manta Bay’s first phase is almost sold out, showcasing the growing appeal of Ras Al Khaimah as a luxury destination.
  • Investment Value: The AED 1 billion project has garnered significant interest from both local and international investors, reflecting strong confidence in the emirate’s real estate sector.
  • Unique Features: The development features a world-first Sky Beach, private beach access, expansive sea views, and a focus on sustainability, adhering to BARJEEL-RAK green building standards.
  • Architectural Excellence: Inspired by the manta ray, Manta Bay’s design combines modern aesthetics with elegance and exclusivity.
  • CEO’s Statement: Andrei Charapenak, CEO of Major Developers, attributed the rapid uptake to the project’s appeal among discerning buyers, and he hinted at an exciting phase two to follow.
  • About Major Developers: A UAE-based real estate firm, Major Developers is known for delivering luxurious, innovative, and sustainable residential communities that cater to the evolving needs of homeowners and investors.