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Flamingo Villas ... a prestigious project by RAK Properties.

RAK Properties launches Phase Two of UAE villa project

DUBAI, May 27, 2015

RAK Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has announced the launch of the second phase of the Flamingo Villas project being developed as part of the Mina Al Arab community in the UAE emirate of Ras Al Khaimah.

A master-developer of the coastal residential project, RAK Properties said the work on the first phase of the Flamingo Villas project was progressing as per schedule with the handover of the units expected by the end of the year.

Flamingo Villas has been a much sought-after project given its enviable setting amidst lush landscaping, protected coastal wetlands and natural pristine beaches, said the company in a statement.

The demand for the first phase was exceptional and RAK Properties is expecting even greater interest for the second phase which comprises 57 villas, ranging from two to three bedrooms, it stated.

The eventual residents of the second phase of Flamingo Villas will get to enjoy a range of world-class amenities, right from a central park with a children’s play area which is connected to Phase One swimming pools and tennis courts.

Moreover, they can also make the most of the top-notch facilities in the wider Mina Al Arab community, it added.

Commenting on the developments, Mohammed Sultan Al Qadi, the managing director and CEO, said: "The Flamingo Villas project is certain to live up to everyone’s expectations of it being one of Ras Al Khaimah’s landmark developments."

"By the end of this year, we hope to hand over the keys to the owners of villas from the first phase, and today we are excited to launch the second phase of this exquisitely designed project that will allow residents to enjoy the very best that nature has to offer. Furthermore, Flamingo Villas will enjoy arrays of amenities, especially since it is an integral part of the Mina Al Arab development," he added.

RAK Properties has also announced that it has opened the Flamingo ‘show villas’ for public viewing. This will give investors and future residents a first-hand view of the layout of the villas, the size, finishing, and the overall attention to quality and detail that will go into every single unit of this project.

In 2015 and the following years, Mina Al Arab will be the arena for a large and diversified package of projects. The most prominent of these projects is a huge, comprehensive, and touristic development valued at Dh2 billion ($544 million), which will the largest project of its kind in the emirate.

RAK Properties is one of the largest property developers in the region. The company is currently implementing an ambitious expansion plan to support its comprehensive portfolio of large-scale projects.-TradeArabia News Service




Tags: UAE | RAK Properties | villa project |

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