Ras Al Khaimah, UAE — In a landmark move signaling rising investor confidence in Ras Al Khaimah’s real estate market, Wasl Group has acquired a premier beachfront plot at Marjan Beach, the newest mixed-use destination by master developer Marjan. The deal marks Wasl’s first foray into Ras Al Khaimah, reinforcing the emirate’s growing reputation as a hub for investment, tourism, and luxury coastal living in line with RAK Vision 2030.
The new project will feature a five-star hotel and branded residences offering panoramic Arabian Gulf views and direct access to the emirate’s expanding leisure and wellness attractions. Construction is expected to begin in 2026, with phased openings from 2029 onward.
Marjan Beach: A Transformative Masterplan
Designed around eight distinct neighborhoods, the Marjan Beach masterplan will feature 22,000 residential units and 12,000 hotel keys, housing an estimated 74,000 residents and employing 32,000 people. The development aims to establish a vibrant coastal community that redefines lifestyle and investment opportunities in Ras Al Khaimah.
Also read: RAK Properties Reports 90% Surge in Units Sold and AED 2 Bn in Sales for 2025
“Ras Al Khaimah’s rising global appeal as a lifestyle and investment hub of the future and Marjan’s commitment to enabling world-class developments is reflected in this acquisition by Wasl Group,” said Abdulla Al Abdouli, CEO of Marjan Group.
He added, “The launch of the first luxury project within the Marjan Beach master plan significantly expands our portfolio with unique, high-end villas and apartments. This also reinforces our position as Ras Al Khaimah’s leading developer and accelerates our vision to delivering long-term, sustainable value through pioneering destinations.”
Expanding Wasl’s Real Estate Portfolio
The acquisition strengthens Wasl Group’s strategy of developing world-class mixed-use communities across the UAE, bringing its expertise in real estate and hospitality to a new market.
Also read: RAK Properties Expands Mina Community With New Phase
“We are pleased to expand Wasl Group’s footprint to Ras Al Khaimah through this landmark project,” said Hesham Al Qassim, CEO of Wasl Group. “The development represents our confidence in the emirate’s long-term vision and our commitment to delivering distinguished destinations that appeal to residents, investors and visitors alike.”
He added, “Marjan Beach provides the ideal masterplan for us to bring our expertise in real estate and hospitality to a new market, furthering our mission to enhance quality of life across the UAE.”
Strategic Outlook for Indian Investors
For Indian investors, Ras Al Khaimah’s property market presents an emerging opportunity — combining lower entry costs than Dubai with increasing yields driven by major tourism, residential, and infrastructure projects such as the Wynn resort and RAK Central. Developments like Wasl Group Marjan Beach Ras Al Khaimah signify a maturing market with growing interest in branded residences and luxury hospitality investments that promise long-term appreciation potential.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
