Major Developers has revealed that phase one of their prestigious Manta Bay development on Al Marjan Island is almost completely sold out. This significant achievement underscores the strong demand for the project's high-end residences, further cementing the emirate's status as a top choice for luxury living. The Manta Bay project, with an estimated value of Dh1 billion, has garnered substantial interest from both domestic and international investors. Its success is a clear indicator of the robust investor confidence in Ras Al Khaimah's flourishing real estate market. The project introduces a world-first Sky Beach, combining sophisticated design, cutting-edge amenities, and a strong commitment to sustainability, with all units adhering to BARJEEL-RAK green building standards. Designed with exclusivity and elegance in mind, the first phase of Manta Bay features modern architecture inspired by the manta ray. It offers residents private beach access, expansive sea views, and a state-of-the-art wellness center, providing an unmatched luxury living experience.
Andrei Charapenak, CEO of Major Developers, commented, “The swift uptake of phase one highlights the extraordinary appeal of Manta Bay to discerning buyers. We are honored by the overwhelming response from investors, and this success paves the way for an exhilarating phase two that will introduce even more luxury and innovation to the market.” As phase one approaches full occupancy, it continues to draw attention from those looking for premium real estate investments, solidifying Manta Bay's position as a leading development in Ras Al Khaimah's luxury property sector.
