Marjan Completes Infrastructure Works For RAK Central Development In Ras Al Khaimah

Marjan, a key developer in Ras Al Khaimah, has finalised infrastructure work at RAK Central, a new mixed-use commercial project. This development is set to become a lively hub for business and leisure, aligning with RAK Vision 2030. The appointment of ALEC as the main contractor for the RAK Central HQ Office Complex marks significant progress in this venture.

The expansive site covers 3.1 million square feet of prime land and offers 8.37 million square feet of gross floor area. It is now ready for investors and sub-developers to begin their projects. Essential services like stormwater management, sewerage, firefighting systems, irrigation, potable water supply, electrical networks, and street lighting are fully operational.

RAK Central is strategically located on Sheikh Mohammed bin Salem Al Qasimi Street. It offers stunning views of Al Hamra Golf Club and the Arabian Gulf. The site provides easy access to the E-11 highway, with ongoing expansions improving connectivity further. This makes it an attractive investment zone in the region.

The development includes roads, cycle tracks, landscaping, and green spaces with numerous trees already completed. Sub-developers are set to start commercial, residential, retail, and hospitality projects soon. The RAK Central HQ is expected to be finished by the first quarter of 2027.

RAK Central is designed as a future-ready district offering Grade A offices, residences, hotels, retail spaces, and a vibrant Town Square with premium amenities. It provides rare investment opportunities such as 100% foreign ownership and low taxation with high yield potential.

The LEED Gold certified office buildings offer dual licensing options and investor-friendly frameworks. These will be managed under a hospitality-driven model to ensure high-quality living standards for residents, businesses, and visitors alike.

Comprehensive Facilities

The masterplan includes three million square feet of rentable office space along with over 4,000 residential apartments. There are four hotels planned with more than 1,000 keys available. Additionally, multiple parks and green spaces enhance the environment.

Abdulla Al Abdouli, CEO of Marjan stated: "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 our vision to create a world-class hub that brings together business lifestyle tourism enhancing Ras Al Khaimah’s reputation as a compelling destination for international investors families alike."

RAK Central's interconnected buildings offer over 1,000 parking spaces for visitors alongside various retail and entertainment facilities. This meticulously planned business district aims to be Ras Al Khaimah's commercial nucleus.

RAK Central is now open to welcome international investors corporations residents making it one of Ras Al Khaimah’s most dynamic vibrant new addresses.

With inputs from WAM