DIC Resort is a new development set on a 24,822 sqm beachfront plots (plot HRL-05 and HRL-06) located on the View Island on Marjan Island, adjacent to EMMAR Hotel and Residential Development. The development allows a total Built-Up Area (BUA) of 97,000 m2
DIC Resort is part of the 4 Coral shaped islands that compose the artificial Island of Al Marjan in Ras Al Khaimah, one of the seven emirates that constitute the United Arab Emirates and considered to encompass the most attractive geographical setting.
Al Mahra Resort is set on a plot of 11,721 m2 allowing for a total Gross Floor Area (GFA) of 47,690 m2 and a total Built-Up Area (BUA) of 55,665 m2 in a prime beach location (plot BFR-05) on View Island, Marjan Island (UAE)
Al Mahra Resort is a 10 floor 4-star hotel currently under construction. The hotel consists of 548 luxurious units comprising of 432 Studios, 80 One Bedroom, 32 Two Bedroom and 4 Three Bedroom villas.
Key amenities for the Al Mahra Resort includes all day dining restaurant, specialty restaurant, swimming-pools, retails, gym, kids club & dedicated pool, and an oriental spa with Jacuzzi, Moroccan Hamman and beauty salon.
DIC Resort development is set to offer 5-star luxury resort services that comprises of a 575 rooms and additional 384 service apartments on a 300-meter-long stretch private beach.
The combination of a 5-star luxury resort coupled with a hotel service apartment / branded residences scheduled to include exclusive outdoor facilities such swimming pools, conference and banquet facilities, a clubhouse, Spa and gymnasiums and more than 8 themed Restaurants.
As part of Dr. Faisal Ali Mousa Group of companies, FAM Holding started in 2008 in Dubai to expand to Sharjah on 2014, then to Ajman on 2015 and to RAK on 2016.
The company started its activity with Real Estate investment leveraging on several opportunities in the United Arab Emirates market after the crisis.
The successful transactions done by the Group enabled staring activities in Property development in 2014, beginning with on project in Sharjah worth AED 54 million (USD 14.7 million) to close 2017 with 10 projects worth AED 1.5 billion (USD 408.7 million).
Although DIC Resort project has attracted considerable interest from other prestigious hotel operators, such as Viceroy Hotel and Resorts, Pullman Hotels, Trump and Paramount Hotels, DIC has pre-selected the Steigenberger Hotel Management, part of the Deutsche Hospitality group and Germany’s largest hotel manager group to operate the resort.
Steigenberger is a world-class luxury resorts operator, winner of sixth-time in row Service Champion Award. For around 80 years the Steigenberger Hotels and Resorts have stood for premium European hospitality, unforgettable warmth and exquisite service.
Plenty of upcoming opportunities for DIC FAM Resorts
Expo 2020 will be a six-month event held at the Dubai Trade Centre in Jebel Ali between October 2020 and April 2021. It is expected to boost the meetings and conference industry. Arqaam Capital investment bank, expects Dubai Expo 2020 to add $23.4bn to the UAE’s GDP, boosting it by 5.0%.
Historically held since inception in Dubai, the famous Arabian Hotel Investment Conference (AHIC) moved to Ras Al Khaimah for the second year in a row in 2019, underlining the very strong real estate and hospitality trends currently developing in Ras Al Khaimah.
DIC Resort has been designed by Tony Ashi, a well know concept architect.
ASHAI DESIGN Lead by Tony Ashai, the Beverly Hills based design firm has completed projects for Hollywood and Bollywood stars as well as leaders of large multinational corporations and hotel chains.
Portfolio features a broad spectrum of work including World Islands, Tiger Woods Villas, Ashai Tower and luxurious private estates across Southern California.
The Chairmen of DIC EAST DMCC and FAM HOLDING are respectively, Dr. Lubos Riha and Dr. Faisal Ali Mousa together with their professional and highly experienced teams, have joint their efforts to ensure that this development and the funds collected for this purpose will be managed properly and diligently.
The aim is to raise a total of US Dollar twenty-eight million (USD 28,000,000), through a Private Token Offering (PTO) as a private placement to accredited investors. Funds will be allocated to the development of the projects. To date both parties have injected into the JV in cash over USD 15 million of their own equity and will continue to do so.
DIC Resort Guestrooms
For more details on the technical drawings, click here