Ras Al Khaimah, UAE – Marjan, the master developer of freehold properties in Ras Al Khaimah, announced the completion of infrastructure works at RAK Central, its upcoming mixed-use commercial development. The milestone marks the transition of RAK Central into its activation phase for investors and sub-developers.
Major Milestone With Contractor Appointment
In parallel, Marjan appointed Middle East Construction Group ALEC as the main contractor for the RAK Central HQ Office Complex, underscoring progress in delivering what is set to become a flagship business hub aligned with RAK Vision 2030.
“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 and tourism, enhancing Ras Al Khaimah’s reputation as a compelling destination for international investors and families alike,” said Abdulla Al Abdouli, Chief Executive Officer of Marjan.
Ready for Sub-Developer Activation
RAK Central spans 3.1 million sq. ft. of land with 8.37 million sq. ft. of gross floor area. Comprehensive infrastructure works, including wet and dry services, stormwater systems, sewerage, firefighting, irrigation, potable water, electrical networks, and street lighting, are now fully operational. Roads, cycling tracks, and landscaping with hundreds of trees have also been completed.
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The district will host commercial, residential, retail, and hospitality projects, with the RAK Central HQ scheduled for completion in Q1 2027.
Investment Fundamentals
RAK Central is positioned as Ras Al Khaimah’s commercial nucleus, offering 100% foreign ownership, a low-tax environment, and high yield potential. Its location on Sheikh Mohammed bin Salem Al Qasimi Street, with views of Al Hamra Golf Club and the Arabian Gulf, and connectivity via the E-11 highway, reinforces its strategic advantage.
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The project masterplan includes three million sq. ft. of rentable office space, more than 4,000 residential apartments, four hotels with over 1,000 keys, green spaces, retail and entertainment facilities, and parking for over 1,000 vehicles. LEED Gold-certified office buildings will offer dual licensing and hospitality-driven management to ensure quality of life for businesses, residents, and visitors.
Perspective for Indian Investors
For Indian investors, RAK Central adds to the UAE’s expanding portfolio of real estate opportunities outside Dubai. Ras Al Khaimah’s pro-investor policies, combined with its lower entry cost compared to Dubai, present a compelling case for both commercial and residential investments. The emirate’s focus on building a work-live-play ecosystem and offering 100% foreign ownership provides Indian buyers with an accessible gateway to UAE’s fast-growing northern emirate market.
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