Source: https://www.thenationalnews.com/business/property/2021/10/19/dubai-investments-signs-deal-to-develop-272m-project-in-ras-al-khaimah/Dubai Investments signed an agreement with Ras Al Khaimah-based master developer Marjan to acquire land to develop a Dh1 billion ($272.2 million) mixed-use waterfront destination on Al Marjan Island.
The project will include a beachfront resort, serviced apartments and villas plus residential buildings, retail, food and beverage outlets along with other recreational amenities, the listed investment holding company said in a statement to the Dubai Financial Market, where its shares are traded.