Dubai Investments has confirmed that its major mixed-use development in Ras Al Khaimah remains on track for phased completion in 2027, with steady progress reported across multiple projects. At Danah Bay, located on Al Marjan Island, construction is advancing in line with the approved execution plan. The development is a key waterfront project combining residential, hospitality, and leisure components, the firm said.
The residential tower at Danah Bay is expected to be completed by the first quarter of 2027, while the hotel is scheduled for completion by the third quarter of the same year. Construction progress has reached 32.1% for the residential tower and 24% for the hotel tower, with foundation and substructure works already completed. Superstructure construction is currently underway on both buildings.
Meanwhile, the villa phase of the development, which includes 189 units, has been fully completed. Partial handovers have already begun for selected villas, marking an important milestone in the project’s delivery timeline. Work continues across the remaining elements of the development in line with its phased strategy, the firm noted.
Beyond Ras Al Khaimah, Dubai Investments is also progressing its projects in Dubai. The Violet Tower in Jumeirah Village Circle is on track for completion in the fourth quarter of 2026, with construction currently standing at 57.61%.
At Asayel Avenue, part of the Mirdif Hills master community, construction began in the second quarter of 2025 and has reached 28.47% completion. The project is expected to be handed over by the second quarter of 2027 and forms part of the company’s broader integrated residential developments in Dubai.
