Ras Al Khaimah, UAE — UAE-based Major Developments has signed a land acquisition agreement to develop a new residential project within the 85-million-sq-ft Marjan Beach masterplan in Ras Al Khaimah, underscoring rising interest in marjan beach ras al khaimah property investment among regional and international buyers.
The scheme, the developer’s third project in the emirate, will sit in a coastal mixed-use district masterplanned by Marjan, the master developer of freehold properties in Ras Al Khaimah.
The land deal was signed by Major Developments CEO Andrei Charapenak and Marjan Group CEO Abdulla Al Abdouli, reinforcing what both parties describe as a shared vision to shape one of the UAE’s most ambitious waterfront destinations.
Also read: Ras Al Khaimah Property Market Records 250% Transaction Surge in 2025
“Marjan Beach is one of Ras Al Khaimah’s most anticipated masterplans, and signing this landmark agreement with Marjan, allows us to redefine what luxury tourism and living mean on a global stage,” Charapenak said.
Design Partnership and Project Vision
The residential landmark at Marjan Beach will be designed in collaboration with Bayaty Architects, a regional firm known for contemporary aesthetics and modern spatial planning, according to the developer.
For this project, Bayaty Architects has established what the companies describe as a distinct language of sculptural architecture and experiential interiors, aligning with Major Developments’ focus on lifestyle-led, luxury waterfront living.
Also read: RAK Properties Reports 90% Surge in Units Sold and AED 2 Bn in Sales for 2025
“Major Developments has always pushed boundaries with innovative amenities and lifestyle-forward thinking. This project will introduce a design language that is intentionally unconventional, sculptural, and deeply experiential. Our ethos and Bayaty’s design discipline are remarkably aligned, making this collaboration both natural and necessary for a project of this scale,” Charapenak said.
The company said the new beachfront scheme will offer sweeping sea views, next-generation amenities and a prime address at the heart of Marjan Beach, positioning it as one of the district’s defining structures and a potential focal point for marjan beach ras al khaimah property investment.
Marjan Beach: A New Waterfront District
Marjan Beach is a newly launched mixed-use waterfront district spanning 85 million sq ft, with three kilometres of beach frontage and 6.5 million sq ft of open green space in Ras Al Khaimah. The masterplan is expected to add around 12,000 hotel keys and 22,000 residential units, accommodating about 74,000 residents, a workforce of roughly 32,000 and up to 180,000 visitors annually, according to Marjan, strengthening the case for marjan beach ras al khaimah property investment as a long-term tourism-linked real estate play.
“With its proven expertise in delivering luxury real estate developments, Major Developments will curate an elevated lifestyle experience for our discerning residents,” Al Abdouli said.
Also read: Ras Al Khaimah Real Estate Market Surges 855% Over Eight Years
“We look forward to further elevating Marjan Beach’s position as the region’s most coveted waterfront address, reflecting our commitment to transform Ras Al Khaimah into a global lifestyle and investment hub,” he added.
The shoreline district also aligns with Ras Al Khaimah’s broader tourism and diversification push under RAK Vision 2030, which seeks to leverage beach tourism, eco-friendly developments and integrated resorts to drive non-oil growth.
Link to Wynn Resort and Wider Market Trends
Located at the heart of the masterplan, the new Major Developments project will benefit from direct connectivity to Wynn Al Marjan Island, the region’s first fully integrated resort, via a newly built bridge.
Wynn Al Marjan Island recently reached its structural topping-out, with 1,530 guest accommodations structurally complete and opening targeted for early 2027, which is expected to further raise tourism flows and hospitality-driven marjan beach ras al khaimah property investment.
Marjan Beach’s planned 12,000 hotel keys complement the Wynn resort’s scale and are part of Ras Al Khaimah’s ambition to become a major leisure and gaming destination competing with established Gulf tourism hubs.
This comes as UAE real estate has seen strong capital inflows, with Dubai registering about USD 207 billion in property transactions in 2024 and off-plan sales jumping around 50% year-on-year, according to Knight Frank, signalling investor appetite for design-led, waterfront and branded developments that often spill over into nearby emirates such as Ras Al Khaimah.
Implications for Indian and Regional Investors
For Indian investors, marjan beach ras al khaimah property investment offers an alternative to Dubai’s increasingly expensive waterfront districts, with exposure to a tourism-led market linked to an upcoming integrated resort and significant hotel pipeline.
Many Indian buyers have been active in GCC real estate in recent years, and a sustained shift towards premium and upper mid-income housing mirrors the positioning of new waterfront schemes in the UAE.
The combination of freehold ownership, proximity to Dubai (around a one-hour drive), and tourism-linked rental demand could provide diversification benefits for Indian families and HNIs already holding assets in Dubai or Indian metros.
For end-users relocating from India, the project’s location within a masterplanned community with open spaces, hospitality options and direct access to Wynn Al Marjan Island suggests potential for both lifestyle use and medium-term capital appreciation as the district matures.
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