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Crowngate RAK Hotel Development Ltd

Crowngate has launched its latest UAE development – AVANI Al Marjan Island Ras Al Khaimah Resort – a relaxed and contemporary beachfront resort on Al Marjan Island in Ras al Khaimah. Leading global hotel operator Minor Hotels is planned to manage the resort under their upscale AVANI brand. Minor Hotels have a growing portfolio comprising over 150 hotels and resorts in 24 countries worldwide.

The AVANI resort will address the rapidly increasing demand in this destination and will be the first upscale hotel on Al Marjan Island.

The G+8, 225-key resort will rise from an impressive beachfront plot on the tranquil View Island, seen as the heart of the man-made Al Marjan Island, which extends 4.5 kilometres into the sea. With white sandy beaches and calm turquoise waters, as well as spectacular views of the neighbouring islands and the Ras Al Khaimah coastline, the resort will appeal to local, regional and international leisure travellers. In addition to modern facilities such as a spa, gym, kids club and two pools, the resort will host stylish all-day dining and poolside restaurants, as well as state-of-the-art meeting and event spaces that can accommodate up to 200 people.

Proposed Attributes

Investment Manager Dalma Capital Management Limited
Property Consultant Colliers International
Fund Domicile Cayman Islands
Strategy Greenfield Property Development and Operation
Asset Class Real Estate - Hospitality
Legal Counsel Walkers (Dubai) LLP; CMS Cameron McKenna LLP
Administrator JTC Fund Solutions (Jersey) LTD
Auditor Crowe Horwath
Property Manager Crowngate Property Developments FZE
Project Manager Crowngate PMC