Park Group launches Park Beach Residence 2
It is synergy between world-class amenities and prime location that offers great promise for residents and investors alike.
Ras Al Khaimah: After the successful launch of Park Beach Residence 1 in June, Park Group is gearing up to unveil Park Beach Residence 2, another luxury residential project on Al Marjan Island. This new development promises to elevate luxury living, offering strategic location, world-class amenities, and attractive payment plans for buyers and investors alike.
The Park Group CEO feels that Al Marjan Island is the place to be. “Al Marjan Island already has a number of hotels and with the upcoming Wynn Resort and the major hotel groups setting up businesses there, it is bound to attract a large influx of holidaymakers.”
“One place having such a number of five-star hotels is brilliant. Other places don’t have this facility,” Asif Jabbar added.
“People from Dubai, in holidays – especially during Eid – head to Ras Al Khaimah to spend some quality time here,” he said. “When such a large number of people arrive at Al Marjan Island, obviously they will be accompanied by their staff and all.”
The current capacity at Al Marjan Island is 30,000 units and it is estimated that it will quickly grow to around 50,000, the Park Group CEO said.
He believes that whoever buys units or makes investments in Park Beach Residence 2 will only gain; “from rental income or when they decide to sell them as prices will only go up”.
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Leaders praise Park Beach Residence 2 vision
Former Director-General of Dubai Courts Tarish Eid Al Mansoori, lauded the project, saying, “Projects like Park Beach Residence 2 showcase Ras Al Khaimah’s continuous evolution as a premier destination for tourism and living.
"The synergy between world-class amenities and prime location offers great promise for residents and investors alike.”
Major General Abdullah Khadem Suroor, Director of Bur Dubai Police Station, also praised the Park Group’s forward-thinking leadership, adding, “The development of Al Marjan Island with premium projects like Park Beach Residence 2 reflects the future-forward approach Ras Al Khaimah is taking. These developments not only boost the real estate sector but also support the broader economic growth of the region.”
Amir Nisar, Director and Partner at Park Group, expressed his excitement for the project and shared his vision for Park Beach Residence 2.
“We are incredibly excited about the launch of Park Beach Residence 2. Our vision is to continuously push the boundaries of luxury living in Ras Al Khaimah, and this project is a testament to that. With the addition of private plunge pools for each one-bedroom and two-bedroom apartment, we’re delivering an elevated lifestyle experience. Not to mention, the location, right behind The Address, is even more desirable than the first phase, promising residents a prime spot in this thriving community."
Brigadier Musabih Saeed Al Ghafli also commented on the rapid growth of Ras Al Khaimah, calling it a “thriving hub for luxury living.”
He also announced an added attraction in the Park Beach Residence 2 project. “We have made a special addition – each one-bedroom and two-bedroom apartment includes a plunge pool, plus the location is even better than the previous one, situated right behind The Address.”
Ras Al Khaimah’s growing tourism potential
Asif Jabbar highlighted Ras Al Khaimah’s growing appeal as a tourism destination, especially since 2005. He said, “Al Marjan Island is the place to be,” emphasizing its range of luxury hotels, including the upcoming Wynn Resort.
He added that the influx of visitors to Al Marjan Island during holidays, particularly from Dubai, enhances the demand for quality living spaces.
Future developments in the pipeline
Park Group is already planning future projects with the announcement of Park Beach Residence 3 and 4.
Asif Jabbar remains confident that investments in Park Beach Residence 2 will yield significant returns, especially with the rising interest from international buyers, particularly from Russia and Europe.
For more information, visit Park Group’s official website.