DIC to unveil new RAK luxury project
Diamonds International Corporation (DIC) is all set to launch its new upscale Dh500-million ($136 million) project, featuring a 5-star luxury hotel, branded residential apartments and 40 water villas, at the Cityscape expo in Dubai. The mixed development will be another striking sight to be added to the UAE skyline of high-end luxury projects on Al Marjan Island (AMI), the first man-made island project in Ras Al Khaimah, said the company in a statement. The 276,079 sq ft development will be equipped with a world-class community centre, open spaces, paved roads and parking spaces. Additional amenities include a gymnasium and a swimming pool and a group of retail outlets, it added. Commenting on the launch, Abdullah Rashed Al Abdooli, the managing director of AMI Company, said: "We are delighted to welcome DIC to the Al Marjan Island. We have provided the required facilitation to ensure the successful implementation of the project." "We are excited about DIC plans to add an amazing project that blends tranquility with comfortable living. This new project will cater to the rising demand for secluded, exclusive in environment-friendly regions in Ras Al Khaimah, and it is a matter of great pride for us to play our part in contributing to the strategic vision of the emirate through a slew of tourism and real estate projects on Al Marjan Island," he added. Lubos Riha, the chairman, founder and president of DIC, said: "Our selection to Al Marjan Island was inspired by its appeal as a future for high tourism destination. We are a brand that is synonymous with luxury, and AMI is the perfect venue for this new project. AMI is a favorite destination to tourists and residents, and we are excited by the opportunity to participate in the continuing expansion of the island. [Click to read full article]
