RAK Properties, one of the biggest property developers listed on the Abu Dhabi Stock Exchange, has awarded a major contract to Majestic Jetties & Marinas for the construction of the first phase of its lifestyle marina at Mina Al Arab in the UAE emirate of Ras Al Khaimah.

The marina, which will be located in the centre of the Lagoon Walk, will provide long-term berthing for recreational vessels that are up to 25 m in length.

When complete in the fourth quarter, the marina will further boost the appeal of Mina Al Arab, a mixed-use development along the coastline of Ras Al Khaimah that is regarded as one of the most prominent projects in the Northern Emirates.

Mohammed Sultan Al Qadi, the managing director and CEO, said: "We are pleased to award this contract to Majestic Jetties & Marinas, which has an excellent track record of constructing marinas across the UAE."

"A world-class waterfront development such as Mina Al Arab which has lifestyle living at its core, would undoubtedly require top-notch berthing facilities for recreational vessels, and we are glad that the construction of the new marina will commence soon," he added.

The marina is expected to significantly drive visitor footfall to the Lagoon Walk which is seeing growing interest from retail and food and beverage outlets.

RAK Properties revealed that a new marina office facility will also be set up there.-TradeArabia News Service