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Dubai Investments signs Millennium deal for 300-room RAK resort

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Leading investment firm Dubai Investments has signed an agreement with global hotel group Millennium Hotels & Resorts to open Danah Bay Grand Millennium Resort in the heart of Marjan Island, the group’s latest flagship freehold project in Ras Al Khaimah in the UAE.

The deal was signed by Khalid Bin Kalban, vice chairman and chief executive officer of Dubai Investment Corporation, and Fahad Abdulrahim Kazim, chief executive officer of Millennium Hotels and Resorts Middle East and Africa.

Operating under the Grand Millennium brand, the 300-room hotel will be positioned as an upscale resort with exciting specialty dining options and a range of beach entertainment, designed to provide a rich resort-style experience in Ras Al Khaimah.

“The tourism industry in Ras Al Khaimah has experienced a period of growth and profitability, and has several ambitious plans to continue the sector’s growth. Over the years, Dubai Investments has maintained a healthy pipeline of hotel projects through its mixed-use developments The addition of Grand Millennium Resort – Danah Bay to the portfolio is another perfect addition. Positioned on the list of promising hotel projects that will benefit from mixed-use development features and the project’s ideal location, the upcoming hotel will make the best use of Ras Al Khaimah’s growth phase, especially in meeting accommodation demand, is particularly focused on the luxury tourism and MICE segments,” said Khalid Bin Kalban, vice chairman and chief executive officer, Dubai Investments.

Fahad Abdulrahim Kazim added: “We are delighted to expand our relationship with our esteemed partner Dubai Invest. This signing is part of our ambitious growth plans in the region, focusing on expanding and adding to our resorts in key locations combination. We are also excited to bring our premium Grand Millennium brand to this prestigious location on Marjan Island and actively contribute to the thriving destination of Ras Al Khaimah. Danah Bay provides the perfect platform to An exciting lifestyle holiday experience for regional and international guests.”

Millennium Hotels and Resorts is a global brand that owns, manages and operates a unique collection of more than 145 hotels across 80 locations across its unique portfolio of brands. Its operations span the Middle East, Asia, Europe, North America and New Zealand.

Ideally located within the premier beach community and resort immaculate Danah Bay, the soon-to-open hotel sets new standards in the Emirate of Ras Al Khaimah, aiming to provide guests and visitors with a rich leisure experience and exclusive beach access.

The hotel’s prime location allows tourists and locals alike to enjoy the perfect getaway. The hotel is expected to be completed in the fourth quarter of 2025. – trade arab news agency

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