RAK Properties, Art Marine ink Mina Al Arab deal
The initial phase of Lagoon Marina will accommodate 56 berths for all types of boats up to 30 meters in length
RAK Properties signed a marina management agreement with Art Marine to operate the newly constructed Lagoon Marina, which is located at the heart of Lagoon Walk in Mina Al Arab.
The marina is set to become the premier lifestyle marina in Ras Al Khaimah when it commences operations in early January 2016.
The initial phase of Lagoon Marina will accommodate 56 berths for all types of boats up to 30m in length.
The marina will complement the neighborhood of Lagoon Walk, a 1.2km waterfront promenade lined with restaurants and cafes with sea views and sunsets.
Mohammad Sultan Al Qadi, managing director and CEO, RAK Properties, said: “The Lagoon Walk is already noted for its natural beauty, so a world-class marina operated by one of best marina management in the region will further cement Mina Al Arab’s image as one of the best residential developments in the UAE.
"We are already considering the next phase of the marina based on the surge of enquiries received to date from boat owners.”
Toby Haws, head of marina management, Art Marina, added: “Art Marine is committed to operate the Lagoon Walk Marina as an integral part of one of the most distinguished real estate developments in the Northern Emirates.
"We will not just be managing a place for berthing marine vessels but rather as a genuine travel destination that adds to the appeal of the community and Mina Al Arab as a whole.”