'Gateway to the Moon' launched in UAE

Dubai developer emyproperty is launching a prime real estate investment opportunity in the growing emirate of Ras Al Khaimah (RAK). The group has sent out invites to an official preview day on June 9th, when property investors will be able to get a close look at the plans for a mixed-use commercial and residential development.

Modestly tagged ‘Gateway to the Moon’, the Bab Al Badr project will feature residential towers including serviced studio apartments, townhouses and duplex apartments. The firm said:

“Through the launch of its new projects emyproperty is aiming to attract greater investment into Ras Al Khaimah, which will further boost the real estate sector within the emirate.

“Ras Al Khaimah is a modern and flourishing destination that can capitalise on its huge tourism and commercial potential.”

Promising “meticilous” planning, the group is hoping to attract property investors from all over the world to an area where real estate prices have risen by 20 per cent annually for the past two years.

Bab Al Badr will see six towers, incorporating a total of 916 residential freehold apartments, 18 townhouses and 260 serviced apartments.

The company added: Bab Al Badr is located only 20 minutes from Ras Al Khaimah international airport and 45 minutes from Dubai.

“The resort will be landscaped to have a tropical look, with coconut trees, flowers, shrubs, stones and waterfalls designed to allow for easy internal and external accessibility flow of residential and visitor traffic.”