Construction of Ras Al Khaimah's Gateway Residences on track

Construction of Gateway Residences, a collection of low-rise waterfront apartments in Ras Al Khaimah, is proceeding as planned, developer RAK Properties confirmed

Construction on Gateway Residences is on track.
Construction on Gateway Residences is on track.

Construction of Gateway Residences, a collection of low-rise apartment blocks in Ras Al Khaimah's Mina Al Arab waterfront community, is on track, said developer RAK Properties.

Gateway Residences is a collection of one- and two-bedroom residential apartments being built on Raha Island in Ras Al Khaimah, the UAE's northernmost emirate.

Raha Island is part of the Mina Al Arab community that boasts protected coastal wetlands and green spaces. RAK Properties, which claims to be the leading real estate developer in Ras Al Khaimah, is heavily involved in the Mina Al Arab community.

READ: RAK Properties sees double digit net profit growth in 2017

In a statement issued over the weekend, RAK Properties said construction of Gateway Residences is on track. Details of the stage at which building works are, or when they will finish, are yet to be revealed.

Chief executive officer of RAK Properties, Mohammed Sultan Al Qadi, said that Gateway Residences would add to the company's residential portfolio.

“Comprising of spacious one- and two-bedroom apartments, Gateway Residences features modern fixtures and fittings, and provides a combination of a modern urban sophistication and natural appeal in an idyllic waterfront location,” he said.

All Gateway Residences apartments are open plan with floor-to-ceiling windows, and “generously-sized balconies”, according to RAK Properties. The apartments also have waterfront views, and the balconies look out over the waterways and nature of Raha Island.

UAE developer RAK Properties appears to be making swift construction progress on a number of buildings projects in Ras Al Khaimah.

On 1 April, RAK Properties confirmed its villa complex called Anantara Mina Al Arab resort in Ras Al Khaimah was progressing as planned, and was on track to open in 2020.

The resort will have 306 rooms, two pools, a gym, health club and spa, and restaurants.

In December 2016, Al Nuaimi Group won an $8m (AED30m) enabling works contract for the project.

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