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Home: Property Developments: Ras Al Khaimah: The Cove
The Cove [Ras Al Khaimah, UAE] Logo Orascom

The Cove is a beachfront property being built as the second freehold development project in the city of Ras Al Khaimah. The AED 221 million (US$ 60.5 million) beach resort will cover 50 acres and contain 134 Nubian style furnished chalets and a five-star beach hotel. It is located to the south of the city's center along Ettihad Road, approximately a 40 minute drive from the Dubai International Airport.

The hill and island chalets located in The Cove will either be 1, 2 or 3 bedrooms and will have private access to the beach and have their own terraces. The two and three bedroom villas will also have their own private plunge pool.

The unique investment opportunity of The Cove is meant for individuals who would like to have a holiday home, which they visit for 4 weeks of the year, and the remaining 11 months would have a guaranteed 7% net return per annum. The owner also has the ability to sell the property back to the developer at the market value.

Expected Completion Date - Summer 2007
Real Estate Developer - Orascom Hotels and Development (OHD)
Location - Ras Al Khaimah, United Arab Emirates

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