An exclusive freehold luxury villa project, with a development value of AED 1 billion, is set to come up in Ras Al Khaimah's Al Hamra Village residential community.
Developed by Al Hamra, the Falcon Island project will offer stunning views of the Arabian Gulf, the lagoon, the golf course and the fully serviced marina with the Hajar Mountains at the backdrop.
The island community can be reached both by land and sea, with ample parking spaces for cars and docking facilities for boats and yachts.
The villas offer 120 to 650 square metres of living spaces, with 2 to 7-bedrooms on plots of up to 1,000 square metres, some with their own exclusive beach and private pools.
Falcon Island is set to be completed within two years of its launch, which will be implemented in phases. The North Island will be unveiled as Phase 1 consisting of 240 villas, ranging from two to seven-bedrooms, with prices starting from AED 1.2 million.
Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way.
The UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Dr. Sultan bin Ahmed Al Jaber, visited Greece as the two countries enhance their comprehensive partnership.
Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, held talks with President of Global Markets at PayPal, Suzan Kereere, to collaborate within the dynamic digital payments landscape.
The sweeping new US tariffs has had no "negative impact" on DXB, airport's CEO Paul Griffiths said, but added that with the "volatility of the situation, it's far too soon to comment".
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