RAK starts Flamingo Villas Phase 1 handover
Phase 1 of the development was originally scheduled for completion by the end of 2015
RAK Properties has commenced the handover of Phase 1 of its $2.7bn (AED10bn) Flamingo Villas community almost three months ahead of schedule.
Flamingo Villas form part of RAK Properties' eco-themed 'Mina Al Arab' mixed-use waterfront community.
Spread over 43,000,000 sqft, Mina Al Arab will feature residential and hospitality elements that highlight Ras Al Khaimah's natural beauty as well as colourful heritage.
The community will also feature various lifestyle amenities, such as children's play areas; swimming pools and sport and recreational facilities.
Phase 1 of the development was originally scheduled for completeion by the end of 2015 - with its ongoing second phase of 68 units expected to be finished around one year from now.
Mohammed Sultan Al Qadi, managing director and CEO, Rak Properties, said: "Rak Properties is excited over this initial rollout which reflects our full commitment to timely and advanced deliver of our developments.
"We welcome the new owners and residents of Flamingo Villas to our Mina Al Arab family."