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Rakeen Completes Reclamation 
of $1b Al Marjan Island in RAK

DUBAI - Rakeen, real estate development arm of the Ras Al Khaimah Government, has recently completed reclamation work of the $1 billion Al Marjan Island, the first man-made island in the emirate of Ras Al Khaimah.

This has effectively expanded the emirate’s coastline by an additional 21 kilometres. The infrastructure work for Phase One of the 2.7 million square metre project is underway, covering water, electricity, district cooling, sewerage, storm water service drainage, telecommunication, roads, channel crossings and street lighting facilities.

Phase One of the infrastructure works comprises the Peninsula, Island No.1 and Island No.2 of the four-island cluster project. Rakeen is also developing Bab Al Bahr, the island’s inaugural development project that will serve as a gateway to the integrated island community. Dr. Fawzi Shadid, Infrastructure and Project Director at Rakeen said: “Our commitment to protect the interests of investors and stakeholders of the project is clearly manifested by Rakeen’s timely completion of the project’s reclamation work.”

Rakeen completed the reclamation work of the entire Al Marjan Island after finalising the sand filling and rock work of Island No.3 in January 2009. Reclamation works of Island No.2 and Island No.4 were completed in 2008. When Rakeen took over as master developer of Al Marjan Island from the Public Works Department in May 2007, the Peninsula, Island No.1 and about 4 0 per cent of Island No.2 had been reclaimed. The beach formation for Islands No. 3 and 4 has been completed as part of the dredging contract. Rakeen also revealed that construction of Bab Al Bahr is in full swing with the first residential buildings scheduled for handover in mid 2010. Bab Al Bahr is a mixed-use development comprising six residential buildings, an office and mall tower and a hotel.