Page 13 - Source of Fate PR Report - October 2025

With international investors now contributing 68 per cent of total investment volumes
on Al Marjan Island, Ras Al Khaimah is fast emerging as a premium alternative to
Dubai and Abu Dhabi, offering a compelling mix of affordability, luxury, and long-term
returns.

As the emirate’s real estate sector continues to scale unprecedented heights, a
number of developers have been announcing new launches.

Al Huzaifa, a well-known homegrown furniture brand in Dubai, announced its
expansion into real estate with the launch of Al Huzaifa Properties last month. Its
first development, Soléva Beach Residences, on Al Marjan Island, Ras Al Khaimah,
is now unveiled to the public. Valued at Dh450 million, the property will be fully-
furnished and ready for completion by Q4 2027.

“Soléva represents a new benchmark for holistic living, where architecture, interiors,
and amenities come together to set the standard for premium lifestyle experiences in
the UAE,” said Saif Nensey, CEO of Al Huzaifa Furniture and CEO & Founder of Al
Huzaifa Properties.

Soléva Beach Residences will feature 2 basements, a ground floor, and 8 upper
floors. The 232 residences and one retail unit comprise 111 studios (380–560 sq. ft.),
101 one-bedroom apartments (800–1,370 sq. ft.), and 20 two-bedroom apartments
(1,500–2,500 sq. ft.), all with private pools. The payment plan is 50 per cent during
construction and 50 per cent on handover, with prices starting from Dh1.19 million.

Khaleejtimes.com