Ras al khaimah: Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the completion of infrastructure works at RAK Central, its upcoming mixed-use commercial development in the emirate. Along with the appointment of leading Middle East Construction Group, ALEC, as the main contractor for RAK Central HQ Office Complex, it marks a major milestone in the development of Ras Al Khaimah’s upcoming business hub, a vibrant ‘Work-Live-Play’ destination in alignment with RAK Vision 2030.
According to Emirates News Agency, spanning 3.1 million sq.ft of prime land with 8.37 million sq. ft. of gross floor area, the progressive integrated destination for living and business is now ready for activation by investors and sub-developers. Comprehensive wet and dry services, including stormwater, sewerage, firefighting, irrigation, potable water, electrical networks and street lighting, are fully operational. Additionally, roads, cycle tracks, landscaping and green spaces with hundreds of trees have been completed.
With this foundation in place, sub-developers are scheduled to commence commercial, residential, retail and hospitality projects with RAK Central HQ set for completion in Q1 2027. Abdulla Al Abdouli, Chief Executive Officer of Marjan, stated that with the completion of infrastructure works and onboarding of global contractors, RAK Central has progressed into a new activation phase. The involvement of leading developers reinforces the vision to create a hub that integrates business, lifestyle and tourism, enhancing Ras Al Khaimah’s reputation as a destination for international investors and families.
RAK Central is designed to be the commercial core of Ras Al Khaimah, offering investment fundamentals such as 100% foreign ownership, low taxation and high yield potential. RAK Central’s strategic location and design make it one of the most compelling investment zones in the region. Located on Sheikh Mohammed bin Salem Al Qasimi Street, with views of Al Hamra Golf Club and the Arabian Gulf, RAK Central offers access to the E-11 highway, with ongoing expansions enhancing connectivity.
The district features Grade A offices, residences, hotels, retail and a Town Square with amenities. The LEED Gold certified office buildings offer dual licensing and investor-friendly frameworks and will be managed under a hospitality-driven model. The masterplan offers three million square feet of rentable office space, more than 4,000 residential apartments, four hotels with a capacity surpassing 1,000 keys, parks and green spaces, retail and entertainment facilities and interconnected buildings with over 1,000 parking spaces.
RAK Central is open to welcome international investors, corporations and residents to Ras Al Khaimah’s new address.