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RAK

Mina al Arab

 
Mina Al Arab is a new community in Ras Al Khaimah, surrounded by a landscape of luxuriant vegetation, protected coasts as well as crystalline beaches. Mina Al Arab referred to in English as Port of Arabia, is a mixed use leisure and holiday beach resort development situated along the beach of Ras Al Khaimah. The AED 10 billion (US$ 2.7 billion) project will cover an area of 30 million square feet (2.8 million square meters) and be spread along 13 kilometres (8 miles) of a beachfront strip and a group of islands. The Real Estate Developer is RAK Properties.

Amenities at Mina Al Arab will include a harbour, pedestrian and bicycle pathway, a traditional Arabian souk, 310 hectares of open spaces, ecological preserves and landscaping, traditional 'abra' water taxis, parks, medical facilities, cafes and restaurants, and recreational facilities such as gym, tennis courts, spas and sporting activities. Port of Arabia's first phase is expected to be completed by the first quarter of 2008, and final completion of the whole project will be in 2011.

Mina Al Arab will comprise many hotels, an Arabic themed park of adventures, a Thalasso center of therapy, a small water park, a marina, a village of heritage and two eco-friendly hotels. The project will also contain a cluster of 3.500 residential units and 388 residential villas of various architectural styles.

The Town Homes in Mina Al Arab are located on four various communities. The themes of these communities are reflected by various styles of architecture: Arabic, Spanish, Mediterranean, and Venetian.

The number of houses is limited to preserve the feeling of exclusiveness. This feeling is illustrated by the direct access to the private beaches, tennis courts, swimming pools and other leisure activities.

The buildings embrace apartments of one, two and three bedrooms. All of the apartments without any exception benefit from a direct view on the lagoon, no matter where they are located.

The terms of payment for Mina Al Arab are very attractive and consist of a 1st payment of 5% of the selling price upon reservation, a 2nd payment of 10% six months after reservation, a 3rd payment of 15% six months later, a 4th payment of 15% again after six months, and a 5th payment of 55% upon completion.

 

 
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