RAK Central: Marjan Unveils the Largest Business District in Ras Al Khaimah

January 31, 2024

Marjan has launched its massive new property in Ras Al Khaimah. Set to open in 2026, RAK Central will be the largest commercial business district in the Northern Emirates. With this innovative project, the master developer aims to create a dynamic destination that redefines the Emirate's lifestyle while contributing to sustainable economic growth and enhanced tourism. Let’s find out more about this groundbreaking mixed-use community.

About the Developer

Marjan is known for its high-end, transformative developments, one of which is the luxury archipelago of Al Marjan Island. By leveraging natural assets and strategic master planning, the man-made island has positioned RAK as a leading tourism and investment hub, rapidly attracting foreign investors and international visitors.

Currently, Marjan is exploring potential strategic partnerships for developing RAK Central. As the master develops plans to create a world-class master-planned community aligned with RAK Vision 2030, RAK Central is expected to create multiple job opportunities and stimulate various business sectors, notably tourism and hospitality, in the future.

Construction in Phases

RAK Central will be developed in phases, with the first phase comprising the construction of one million square feet of commercial land. Gensler, a renowned global architecture, design, and planning firm, has designed the integrated mixed-use office complex, including Marjan’s headquarters.

Upon completion, RAK Central will offer three million square feet of office space for rent and over 4,000 residential apartments. Additionally, the development will feature three hotels boasting over 1,000 keys. For the residents' convenience, the community will have multiple parks and green spaces, diverse retail and entertainment facilities, and a network of interconnected buildings with over 1,000 visitor parking spaces. 

Construction activities are slated to commence in 2024, with the initial phase of infrastructure and the main business complex anticipated to be finalized in the fourth quarter of 2026.

 

Dive into the luxury of Ras Al Khaimah at the Wynn Almarjan Island Casino.

Highlights of RAK Central

Ideal Location: Strategically located on Sheikh Mohammed bin Salem Al Qasimi Street, RAK Central will boast spectacular views of Al Hamra Golf Club and the Arabian Gulf.

Grade-A Commercial District: The development introduces the Emirate's first Grade-A commercial district and is poised to become the headquarters for leading businesses, including Marjan. 

Residential Options: Residents will be spoilt for choice as far as residences in RAK Central are concerned. These units will provide ample parking spaces, stunning community views, and other facilities.

Excellent Amenities: The development will feature multiple parks, retail, and entertainment options.

Sustainable Development: Contributing to RAK Vision 2030, RAK Central will follow advanced green building strategies to secure a sustainable future and safeguard the environment.

Advanced Technology Solutions: RAK Central will follow sustainability principles under LEED Gol Certification and incorporate advanced technology solutions, including Artificial Intelligence (AI).

Explore the grandeur of the first GCC JW Marriott in Ras Al Khaimah.

RAK Central Marjan

CEO Marjan’s Statement

Abdulla Al Abdouli, CEO of Marjan, stated about the project: “RAK Central will usher in a new era of economic growth for Ras Al Khaimah, with a focus on not only providing international investors with high-value property but also by serving as a hub for businesses.".

“This aligns with the vision of our leadership to strengthen the business ecosystem of the Emirate and serve as the first choice for residence, business, and leisure.”

According to the CEO, “Following the success of Al Marjan Island, we are working on diverse projects across several locations to create world-class master-planned communities that will serve as the ‘downtowns’ of the future - in addition to new lifestyle destinations on the mountains.”

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