Marjan, the grasp developer of freehold properties in Ras Al Khaimah, has introduced the completion of infrastructure works at RAK Central, its upcoming mixed-use industrial improvement within the northern emirate. Together with the appointment of main Center East Building Group, ALEC, as the primary contractor for RAK Central HQ Workplace Complicated, it marks a significant milestone within the improvement of Ras Al Khaimah’s upcoming enterprise hub, a vibrant ‘Work-Reside-Play’ vacation spot in alignment with RAK Imaginative and prescient 2030.
Spanning 3.1 million sq.ft of prime land with 8.37 million sq. ft. of gross ground space, the progressive built-in vacation spot for dwelling and enterprise is now prepared for activation by traders and sub-developers. Complete moist and dry companies, together with stormwater, sewerage, firefighting, irrigation, potable water, electrical networks and avenue lighting, are totally operational. Moreover, roads, cycle tracks, landscaping and inexperienced areas with a whole bunch of timber have been accomplished. With this basis in place, sub-developers are scheduled to begin industrial, residential, retail and hospitality tasks with RAK Central HQ set for completion in Q1 2027.
Commenting on the progress, Arch. Abdulla Al Abdouli, Chief Government Officer, Marjan, mentioned: “With the completion of infrastructure works and onboarding of world contractors, RAK Central has progressed into a brand new activation part. The involvement of main builders reinforces our imaginative and prescient to create a world-class hub that brings collectively enterprise, life-style and tourism, enhancing Ras Al Khaimah’s status as a compelling vacation spot for worldwide traders and households alike.”
RAK Central is a meticulously deliberate enterprise district designed to be the industrial nucleus of Ras Al Khaimah, providing uncommon funding fundamentals: 100% overseas possession, low taxation and excessive yield potential. RAK Central’s strategic location and good design make it probably the most compelling funding zones within the area.
Positioned on Sheikh Mohammed bin Salem Al Qasimi Avenue, with spectacular views of Al Hamra Golf Membership and the Arabian Gulf, RAK Central gives easy accessibility to the E-11 freeway, with ongoing expansions enhancing connectivity. Designed as a future-ready, work-live-play district, RAK Central options Grade A workplaces, residences, resorts, retail and a vibrant City Sq. with premium facilities. The LEED Gold licensed workplace buildings supply twin licensing and investor-friendly frameworks and can be managed underneath a hospitality-driven mannequin to make sure an distinctive high quality of life for residents, companies and guests.
Since its announcement in January 2024, RAK Central plots have fully offered out. The masterplan gives three million sq. ft of rentable workplace house, greater than 4,000 residential flats, 4 resorts with a capability surpassing 1,000 keys, a number of parks and inexperienced areas, varied retail and leisure services and several other interconnected buildings with over 1,000 parking areas for guests.
RAK Central is formally open to welcome worldwide traders, firms and residents to Ras Al Khaimah’s most dynamic and vibrant new tackle.
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