Marjan, RAK Hospitality holding merge to create a unified entity

Marjan will now fully integrate real estate development, hospitality operations, and lifestyle experiences under one umbrella

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Marjan, the master developer of freehold properties in Ras Al Khaimah, and RAK Hospitality Holding (RAKHH), the government-owned investment and development arm in the emirate, have announced a landmark strategic merger to create a unified entity operating under Marjan.

This strategic merger combines world-class hospitality expertise with visionary land development strategies to form a dynamic, future-ready organisation. Marjan will now fully integrate real estate development, hospitality operations, and lifestyle experiences under one umbrella. Guided by RAK Vision 2030, Marjan, one of the largest real estate developers in the UAE and the leading master developer in the Northern Emirates, will champion Ras Al Khaimah’s growth as the next global lifestyle and investment hub. It will drive substantial investments, boost tourism, and deliver long-term stakeholder value as the region's premier integrated destination and real estate platform.

Announcing the merger, Sheikh Ahmed Bin Saud Bin Saqr Al Qasimi, Chairman of Marjan, said, "Ras Al Khaimah is committed to its vision to drive progress and sustainable development, celebrating its rich history, preserving its heritage, and honouring its identity. RAK Vision 2030 has set the emirate’s ambition to be a pioneer in the region for livability and a place where opportunities thrive."