COASTAL AMBITIONS LEAD BOLD CONSTRUCTION WAVE

A transformative wave of developments is sweeping the Northern Emirates, with Ras Al Khaimah and Sharjah at the forefront. Once reputed as "sleepy", these emirates are now drawing global brands, developers, and investors with world-class, mixed-use projects, many of which are underpinned by green visions.

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THE construction sector across the Northern Emirates of the UAE – Ajman, Fujairah, Sharjah, Ras Al Khaimah (RAK), and Umm Al Quwain (UAQ) - is experiencing a seismic shift, driven by government initiatives, investments in infrastructure, and the launch of landmark urban masterplans.

Over the past two years, these emirates, particularly Sharjah and Ras Al Khaimah, have witnessed a surge of landmark project launches, reshaping the northern UAE's investment landscape with ventures spanning ultra-luxury hospitality, branded residences, sustainable communities, and mixed-use projects.

Each emirate is developing its own signature projects, shaping local real estate and collectively supporting the UAE's vision for sustainable, diversified growth. Sharjah continues to scale mixed-use and community projects that serve residents and culture-led tourism; Fujairah is reinforcing its strategic advantage outside the Strait of Hormuz by redoubling efforts on port expansion, oil/product storage, and logistics infrastructure; Ajman is consolidating residential and light-commercial delivery, capitalising on spillover demand from Dubai and Sharjah; Umm Al Quwain is growing freehold communities and light industry, positioning itself for affordable housing and niche tourism; and Ras Al Khaimah is focusing on high-end tourism and waterfront real estate - and through these efforts, it has emerged as a star attraction not only in the UAE but also regionally.

RAS AL KHAIMAH

RAK’s economic resilience provides the bedrock for its current boom. S&P Global Ratings projects the emirate’s economy will expand by an average of 4.2 per cent until 2027, anchored by strong performance in tourism, real estate, manufacturing, and mining.