is a AED 1.83 billion (US$ 500 million) tourism development project being built along the Arabian Gulf
coastline of Ras Al Khaimah. It will
cover over 1 million square meters (10.8 million square feet) across three islands and contain 3
five-star hotels, 200 villas, and cultural and commercial venues.
Saraya Islands, also referred to
as the Saraya Islands Real Estate Development Company,
is a joint venture between the Government of Ras
Al Khaimah, Saraya Emirates (Saraya Holdings) and
Arab Bank PLC.
Expected Completion Date
- 2010 Real Estate Developer - Saudi Oger Ltd Location - Ras Al Khaimah, United Arab Emirates