Business | Construction
Saud inaugurates Bab Al Bahr Sales Centre
Shaikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, has today inaugurated the Sales Centre of the Dh1.2 billion Bab Al Bahr development in Ras Al Khaimah.
- Staff Report
- Published: 14:22 July 15, 2008
Ras Al Khaimah: Shaikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, has today inaugurated the Sales Centre of the Dh1.2 billion Bab Al Bahr development in Ras Al Khaimah.
Shaikh Saud also unveiled the model apartments of the extensive resort project, the inaugural development on the Al Marjan Island, which is being developed by Rakeen, the master planner and developing arm of the Ras Al Khaimah Government.
Accompanied by Dr. Khater Massaad, CEO of Ras Al Khaimah Investment Authority (Rakia) and Chairman of Rakeen, Shaikh Saud laid a symbolic cornerstone marking the official inauguration of the Bab Al Bahr Sales Centre.
Shaikh Saud then cut the ceremonial ribbon and led government officials, stakeholders of the Bab Al Bahr project and other VIPs into the Sales Centre.
Shaikh Saud Bin Saqr Al Qassimi said, "Bab Al Bahr opens a new era in the development of many lifestyle-oriented projects in Ras Al Khaimah. This innovative project serves a very important strategic purpose as it significantly boosts the emirate's reputation as a key business and leisure destination in the Middle East.
“More importantly, being the first of many landmark projects on the Al Marjan Island, the Bab Al Bahr project will be a key instrument in generating greater interest for the exclusive island development and the rest of our groundbreaking real estate projects in Ras Al Khaimah."
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