Wednesday 21 February 2024 (UAE)

Saraya Islands

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Saraya Island, Ras Al Khaimah

Saraya Islands camping area

Saraya Islands sales suspended

Saraya Islands - rebranded as Saraya Ras Al Khaimah (Saraya RAK)

Saraya Islands was rebranded as Saraya Ras Al Khaimah according to a 17 September 2008 press release. The concept appears to remain otherwise unchanged.

Saraya Islands - previous information

Saraya Islands (rather than Saraya Island) is a 1.2 million sq m project (the size of Mall of Arabia or the Dubai Mall) to be developed on 4 natural islands in the Arabian Gulf near Ras Al Khaimah (they said 1 island on their website but now it's up to 4), and a 16 hectare area on mainland RAK. Islands are called Al-Boum, Al-Marsa, Al-Sahab, and Al-Wahat. There will be 4,000 apartments and villas and 35,000 sq m of retail space.

Total cost was estimated at AED 5.14 billion (US$1.4 bn), but was up to AED 7.34 bn (US$2 bn) by Jan 2008. The project will be themed after the seafaring nature of Ras Al Khaimah. Aside from fishing boats then, the development will include

Which sort of seems a lot to pack into the area they've suggested as the total size. The residential complex and marina are scheduled for completion by 2010, and the rest by about 2015. As with most developments in the UAE, allow an extra year on top of whatever the developer says, and 2 years if they have no track record.

Saraya Islands are being developed by Saraya Holdings along with help from Jordan's Arab Bank, and the Investment and Development Office of Ras Al Khaimah. General Manager of Saraya Islands development is Mr Mahdhar Al Tamimi.

Saraya RAK contact details
Saraya Island hotel developments
Saraya Village

Saraya Village is the mainland part of the development, with shopping in themed souqs, and several apartment buildings with beach access. Saraya Village is also called 'The Gateway', and will connect to the island network via 'The Boulevard' - a large driveway with trees and flags.

Al Boum Island (not Al Boom Island)
Al Marsa Island
Al Sahab Island
Al Wahat Island

Saraya Holdings

Saraya Holdings is a Jordan based company (established April 2005) with the not quite so lofty ambition of making the region, rather than the world, their oyster. At least that's what the chairman, Sheikh Saad Rafic Hariri, said. Yes, he's the son of the late Lebanese prime minister - Rafik Hariri. Saraya Holdings is part of the Saraya Group, says their website, but we don't know if that's the same Saraya Group which produces vodka at the Saraya Distillery in India.

Saraya developments
Saraya subsidiaries
Last update Tuesday 23-Oct-2018
Related pages
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Sponsored links (PDF and print version).

Abu Dhabi AUH ABD ADB, Ajman AJM, Al Ain AAN, Dubai DXB, Fujairah FUJ, Ras Al Khaimah RAK, Sharjah SHJ, Umm Al Quwain UAQ

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