Part of piling at Bab Al Bahr ends

Rakeen has announced the completion of the piling works for half of the residential component of the Bab Al Bahr and is set to proceed with the construction of the residential units.

The master-planner and land developer of the Ras Al Khaimah Government emphasised that the unobstructed workflow has been a significant success after a critical shortage of building materials as well as sharp increase in prices have affected several construction projects across the region.

Rakeen also reported that main contractor Al Hamra Construction Company will start the piling work and construction of the second half of the residential area shortly as the Dh1.2 billion mixed-use resort development remains firmly ahead of schedule.

"Consistency is an important factor in the highly competitive real estate sector," said Wahid Attalla, Member of the Board, Rakeen.

"Investors and property buyers want to be constantly reassured of the state of their investments and there is no better way to boost their confidence than to remain consistent and committed to the construction schedule."

Bab Al Bahr is the first development project on Al Marjan Island, Rakeen's coral shaped atoll that extends four kilometres into the Arabian Gulf. It offers 360-degree view of the Gulf.