Ras Al Khaimah, UAE — BNW Developments, Ras Al Khaimah’s largest private developer, launched Tonino Lamborghini Residences Al Marjan Island with 377 units including studios, one- to three-bedroom apartments, villas, penthouses and mansions. The project, directed by Mrs. Angela Krieger and designed by Architect Mr. Carlos Rossi, integrates Italian craftsmanship into waterfront living.
The event at Coca-Cola Arena drew high-net-worth individuals, brokers, Bollywood celebrities and stakeholders, ending with Indian singer Jubin Nautiyal’s performance.
RAK Market Surge Drives Branded Projects
Ras Al Khaimah’s real estate transactions reached AED 15.08 billion in 2024, up 118% year-on-year, with off-plan sales comprising 84% of volume through Q3 2025. Al Marjan Island led with 16.8% annual apartment price growth and 6.3% quarterly gains, per ValuStrat.
Also read: Ras Al Khaimah Property Market Records 250% Transaction Surge in 2025
CBRE forecasts branded residences like Tonino Lamborghini Residences Al Marjan Island will account for 25% of freehold supply to 2030, supported by 39% residential price rises on the island in Q1 2025. Knight Frank reports UAE secondary market rents up 19% in Q3 2025, with RAK tourism targeting 3 million visitors by 2030 boosting short-term yields.
Design and Investment Features
Units start at around AED 1.8 million with 70/30 payment plans, blending Tonino Lamborghini’s bold aesthetics with BNW’s urban planning. “At BNW, we don’t just build homes, we curate investment-grade lifestyle experiences,” said Ankur Aggarwal, Chairman and Founder of BNW Developments.
Dr. Vivek Anand Oberoi, Managing Director and Co-Founder, noted, “The Tonino Lamborghini brand has always spoken the language of emotion, proportion, and beauty. Through this collaboration we are bringing this timeless, historical sensibility to Ras Al Khaimah, reimagined through BNW Developments’ modern, cosmopolitan vision.”
Indian Investor Appeal Grows
Indian buyers favor UAE properties for zero taxes, 6-8% yields and Golden Visas from AED 2 million investments. RAK delivers 30-50% returns, exceeding Dubai, with 3-4 hour flights aiding NRIs. BNW’s Dh20 billion pipeline across 10,000 units targets this demographic amid domestic market volatility.
Also rad: Ras Al Khaimah Real Estate Market Surges 855% Over Eight Years
Tonino Lamborghini, Founder, emphasized: “Every project is an opportunity to transform space into an experience… This project will be created to welcome people who are looking for something more: environments where contemporary comfort meets international charm, and where every detail bears the unmistakable signature of my style.”
Tonino Lamborghini Residences Al Marjan Island arrives as RAK shifts to luxury tourism, with Wynn Resort and sustainability initiatives forecasting 5-15% price growth in 2025. Indian investors gain tax-free capital appreciation, high Airbnb yields near attractions and residency perks, positioning RAK as a diversified alternative to Dubai’s supply pressures.
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