RAS AL KHAIMAH: After the successful launch of Park Beach Residence 1 in June, Park Group is all set to launch Park Beach Residence 2, also in Al Marjan Island, going a notch up in redefining luxury living.
With its strategic location, world-class amenities, and innovative payment plans, Park Beach Residence 2 is certainly the go to place for prospective buyers and investors.
Muhammad Asif Jabbar, Group CEO, Park Group, says, “We are hopeful that our customers will appreciate Park Beach Residence 2 just as much as they did Park Beach 1.”
His Excellency Tarish Eid Al Mansoori, who graced the launch event, commended the development’s vision. “Projects like Park Beach Residence 2 showcase the continuous evolution of Ras Al Khaimah 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.”
Adding to the excitement, Major General Abdulla Khadem Suroor praised the foresight of the Park Group leadership. “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.”
Further enhancing the appeal of the project, 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 shared his admiration for the rapid growth of Ras Al Khaimah and how it aligns with Park Group’s vision. “It is inspiring to witness Ras Al Khaimah transform into 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.”
Speaking of Ras Al Khaimah and its growth, Asif Jabar said Ras Al Khaimah is proving a tourism product for a lot of people 2005 onward.
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”.
Asif Jabbar said that whenever there’s boom in the real estate industry in Dubai, that upward trend is reflected in other areas such Ajman and Ras Al Khaimah as well.
“Each market has its own dynamics and likewise the Ras Al Khaimah market is attracting buyers from Russia and the rest of Europe – much more than from Pakistan and India,” he said.
The Park Group CEO also shared the news of the announcement of Park Beach Residence 3 and 4 in the near future.
