Major Developers Launch Phase Two of Manta Bay on Al Marjan Island
Real Estate

Major Developers Launch Phase Two of Manta Bay on Al Marjan Island

Phase Two has been launched in response to heightened demand, with strong investor interest and expressions of interest (EOIs) already translating into multiple initial bookings. Units are selling fast, reflecting the unparalleled appeal of this unique luxury development.

Designed to cater to the preferences of a global investor base spanning over 25 nationalities, Phase Two offers innovative luxury living solutions. The buyers can also choose fully furnished units to enhance investment potential. Additionally, these units feature private jacuzzis and BBQ-equipped terraces, creating an exceptional lifestyle experience that distinguishes Manta Bay both in the UAE and worldwide.

Andrei Charapenak, CEO of Major Developers, said, “The overwhelming interest in Manta Bay Phase Two is a testament to the project’s appeal and the confidence investors have in our vision. With exclusive new units and its prime location on Al Marjan Island—home to transformative developments like the Wynn Al Marjan Island resort—this phase enhances the luxury living experience.”

He added, “We are thrilled to see strong momentum from both local and international buyers, with Phase Two already receiving bookings and EOIs from investors across 25 countries. This is a clear reflection of Manta Bay’s global appeal and its potential as a prime investment opportunity. To meet this growing demand, we have introduced a wider range of layouts designed to accommodate evolving investor and resident needs.”

Ras Al Khaimah continues its rise as a premier real estate and tourism hub, supported by bold development initiatives. A recent study projects the emirate will welcome over 5.5 million visitors by 2030, achieving a compound annual growth rate (CAGR) of 28% from 2022. Transformative projects like the Wynn Al Marjan Island resort underscore the emirate’s potential as a global destination.

Major Developers also welcomed Italian football legend Francesco Totti as their brand adviser, adding a touch of international celebrity recognition to its already prestigious appeal. Totti’s association highlights the development’s global allure and luxurious lifestyle, reinforcing its reputation as a world-class destination for discerning investors and residents.

Manta Bay aligns seamlessly with Ras Al Khaimah’s ambitious vision to become a global hub for tourism and investment, further cementing its position as a standout destination on the world stage.

Phase Two has been launched in response to heightened demand, with strong investor interest and expressions of interest (EOIs) already translating into multiple initial bookings. Units are selling fast, reflecting the unparalleled appeal of this unique luxury development. Designed to cater to the preferences of a global investor base spanning over 25 nationalities, Phase Two offers innovative luxury living solutions. The buyers can also choose fully furnished units to enhance investment potential. Additionally, these units feature private jacuzzis and BBQ-equipped terraces, creating an exceptional lifestyle experience that distinguishes Manta Bay both in the UAE and worldwide. Andrei Charapenak, CEO of Major Developers, said, “The overwhelming interest in Manta Bay Phase Two is a testament to the project’s appeal and the confidence investors have in our vision. With exclusive new units and its prime location on Al Marjan Island—home to transformative developments like the Wynn Al Marjan Island resort—this phase enhances the luxury living experience.” He added, “We are thrilled to see strong momentum from both local and international buyers, with Phase Two already receiving bookings and EOIs from investors across 25 countries. This is a clear reflection of Manta Bay’s global appeal and its potential as a prime investment opportunity. To meet this growing demand, we have introduced a wider range of layouts designed to accommodate evolving investor and resident needs.” Ras Al Khaimah continues its rise as a premier real estate and tourism hub, supported by bold development initiatives. A recent study projects the emirate will welcome over 5.5 million visitors by 2030, achieving a compound annual growth rate (CAGR) of 28% from 2022. Transformative projects like the Wynn Al Marjan Island resort underscore the emirate’s potential as a global destination. Major Developers also welcomed Italian football legend Francesco Totti as their brand adviser, adding a touch of international celebrity recognition to its already prestigious appeal. Totti’s association highlights the development’s global allure and luxurious lifestyle, reinforcing its reputation as a world-class destination for discerning investors and residents. Manta Bay aligns seamlessly with Ras Al Khaimah’s ambitious vision to become a global hub for tourism and investment, further cementing its position as a standout destination on the world stage.

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement