Marjan, the leading developer of freehold properties in Ras Al Khaimah, has announced a significant strategic partnership with Dara Properties to develop a new residential project within RAK Central, a prominent mixed-use development. This collaboration involves the acquisition of a 50,000 sq ft land parcel to build a 27-floor residential tower, scheduled for completion by the fourth quarter of...
The Wynn Al Marjan, set to be the first integrated gaming resort in the United Arab Emirates, remains firmly on schedule for its anticipated opening in the first quarter of 2027. Donald Bremmer, Chief Operating Officer of RAK Hospitality, emphasized in an interview that the project is proceeding as planned, with no indications of delays. This announcement was made during the inaugural Seven Wonders event...
WHAT IS A BRANDED RESIDENCE? Branded residences are born out of a collaboration between developers and well-established brands. This collaboration includes both the design and management of the properties. In essence, developers are allowed to promote and sell these properties using the brand’s easily-recognized trademark, and in return, the brands receive royalty fees. What sets branded...
Xpro India Limited signs to establish a greenfield project in RAK, UAE. Xpro India Limited, part of the Birla Group and producer of dielectric films used in capacitors, is setting up its first global manufacturing unit called Xpro Dielectric Films in Ras Al Khaimah (RAK) by investing AED100 million ($27.2 million). From being the first mover in dielectric film manufacturer in India, this is a momentous...
A new large scale waterfront project-Mira Coral Bay is announced to be launched in Al Mairid, Ras Al Khaimah (RAK). Marjan the master developer of freehold properties in RAK shall jointly develop this with Mira Developments, known for its branded property portfolio in Dubai. This project aims to deliver a chic mixed-use destination that will redefine Mairid’s status as an investment and tourism...
The multi-billion-dollar Wynn Al Marjan Island project is scheduled to open in early 2027 in Ras Al Khaimah, UAE. While lots is happening around it in terms new off plan projects making its mark, this gaming resort itself is progressing at a rapid pace. Recently, it announced to close a deal to bank with an additional 70 acres of land in the emirate for future development. Wynn Resorts, which owns 40...
Here is a unique opportunity for potential investors from UK to explore destination Al Hamra in Ras Al Khaimah, UAE throughout August 2024. The very famous Ras Al Khaimah real estate investment company Al Hamra is targeting UK and GCC investors and residents via the special activation in London at the famous Harrods department store. This first of its kind regional developer initiative shall...
SOBHA MODULAR INDUSTRIES: Real Estate giant of UAE - Sobha Group are set and functional with a strategic backward integration in the Emirate of Ras Al Khaimah by inaugurating “Sobha Modular Industries”. This launch comes with a world class facility that is equipped to offer advanced production capabilities to positively transform the regional manufacturing landscape in RAK. This initiative surely...
UAE Real Estate: “Wealthy investors fuel property interest in Ras Al Khaimah” says new Knight Frank Report. One of the recent findings by Knight Frank says HNWI globally are willing to spend USD 388.5M in the Emirate of Ras Al Khaimah. The research further says that RAK’s natural landscape and adrenaline-fuelled attractions stand in stark contrast to Dubai’s hyper-urban, skyscraper-studded...
Experience luxury like never before at Manta Bay PROJECT INSIGHTS: Major Developments, a well renowned UAE-based developer, is coming up with a ground breaking project “Manta Bay” in Al Marjan Island Ras Al Khaimah. This ambitious development is set to redefine luxury living with its unique features and world-class amenities. One of the most notable attractions of Manta Bay is the world’s...
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