High-value projects to reshape RAK waterfront

RAS AL KHAIMAH (RAK) is rapidly cementing its position as a premier global destination for real estate and investment, driven by a surge in high-value, design-led project launches.

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Official data from the RAK Statistics Centre underscores this momentum, reporting a remarkable 242 per cent rise in the value of freehold apartment sales between Q2 2017 and Q2 2025.

This market confidence is translating into billions of dirhams in new development, reshaping the emirate's coastline and creating a new benchmark for luxury living.

MARJAN BEACH MASTERPLAN

Spearheading this transformation is master developer Marjan, which recently unveiled its new mixed-use masterplan, Marjan Beach. Spanning an impressive 85 million sq ft across a 3-km coastline, the development is positioned as the UAE's most comprehensive mixed-use beach town destination.

Marjan Beach is designed to accelerate RAK Vision 2030, with a visionary scope that includes 12,000 hotel keys and 22,000 residential units, ultimately accommodating an anticipated population of 74,000 residents and a workforce of 32,000. The project is a vibrant destination blending eight uniquely positioned neighbourhoods to ensure a seamless fusion of “live, work, play and innovate”.

Overlooking the scenic waters of the Arabian Gulf and Al Marjan Island, the Beachfront Resorts area offers waterfront hospitality with a public beach, commercial streets and food outlets, while within walking distance from the beach, an upscale residential and commercial hub is framed by the largest park in the district with open green spaces connecting all neighbourhoods. With a civic centre that houses government offices and public services, and a space for innovation, Marjan Beach offers a unique mix of business, leisure and lifestyle. It includes next-generation logistics, retail outlets, upscale and mid-scale housing, and waterfront commercial spaces alongside recreational facilities. The project aims to be a vibrant community and a major tourism and employment hub, integrating sustainable infrastructure with a balanced urban and natural environment.