AVANI Al Marjan Island Resort RAK Fund

Overview

Location: Ras Al Khaimah

Price: $ 25,000‎ (£19,262)

Key Features

Beachfront

Exclusive Development

Pool

Ocean View

Private Beach

Property Description

AVANI Al Marjan Island Resort RAK Fund

The AVANI Al Marjan Island Ras Al Khaimah Resort is available for investment through a hotel fund, which will be managed by renowned asset management company, Dalma Capital. Dalma Capital Management Limited is regulated by the DFSA. The hotel fund investment is a low-level entry investment from $25,000, with an investment period of 7 years and a return of 12% per annum average.

Features and Unique Attributes

  • Keys: 225 rooms

  • Location: Al Marjan Island, Ras al Khaimah, UAE

  • Hotel Operator: Minor Hotels – AVANI Brand

  • Investment: Hotel Investment Fund

  • The Fund: Crowngate RAK Hotel Development Ltd.

  • Fund Size: USD 60 million closed-end

  • Fund Manager: Dalma Capital Management Ltd.

  • Regulation: Fund Manager regulated by DFSA

  • Investment Term: 7 years

  • Investment Price: USD 25,000 per share

  • Shares Available: 2,400

  • Average Annual Return: 12%

  • Fully Shariah Compliant

  • Development IRR - 19.8% (*According to Feasibility study and projections by Colliers International & Moody's Analytics which is available on request and which provides the basis and context under which these projections can be interpreted).

AVANI Al Marjan Island Ras Al Khaimah Resort is a relaxed and contemporary beachfront resort on Al Marjan Island in Ras al Khaimah. Leading global hotel operator Minor Hotels will manage the resort under their upscale AVANI brand. Minor Hotels have a growing portfolio comprising over 150 hotels and resorts in 24 countries worldwide.

The AVANI resort will address the rapidly increasing demand in this destination and will be the first upscale hotel on Al Marjan Island.

The G+8, 225-key resort will rise from an impressive beachfront plot on the tranquil View Island, seen as the heart of the man-made Al Marjan Island, which extends 4.5 kilometres into the sea. With white sandy beaches and calm turquoise waters, as well as spectacular views of the neighbouring islands and the Ras Al Khaimah coastline, the resort will appeal to local, regional and international leisure travellers. In addition to modern facilities such as a spa, gym, kids club and two pools, the resort will host stylish all-day dining and poolside restaurants, as well as state-of-the-art meeting and event spaces that can accommodate up to 200 people.

Ras Al Khaimah’s tourism industry has witnessed tremendous growth in the last few years. In 2016, Ras Al Khaimah recorded an 11% increase in visitor arrivals compared to 2015; this has been attributed to an increase in beach resort guests as they currently comprise more than 80% of visitors.

 


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