Mohamed Alabbar announces $3.5bn mega ‘nature’ island in Abu Dhabi
Ramhan Island will feature 1,800 beach villas
Mohamed Alabbar is to launch a spectacular new $3.5 billion island project off the coast of Abu Dhabi.
The project, known as Ramhan Island, will feature 1,800 beach villas, 1,000 branded residences, a hotel and marina.
The Emaar founder and Americana chairman is developing it through his privately owned Eagle Hills development company.
Abu Dhabi’s future natural island
Described as “natural, raw and untouched,” the already existing island is located 20 minutes from the shores of mainland Abu Dhabi. Once developed it will include a “world-class marina” with state-of-the-art shopping and fine dining, a luxury hotel and floating villas. A total of eight different villa designs and layouts are being rolled out, varying in size from 2862 square feet to 7539 square feet.
“We are hoping that the first villas can be ready to move in within three years,” Alabbar said.
