The latest mixed-use development in Ras Al Khaimah, RAK Central, has been unveiled by Marjan, the master developer of freehold properties in the area. It will include a Grade-A office and commercial district and is scheduled to open in 2026.
When RAK Central is finished, it will have over 4,000 residential apartments, 3 million square feet of rentable office space, 3 hotels with more than 1,000 rooms, several parks and green areas, several retail and entertainment establishments, and several connected buildings with more than 1,000 visitor parking spots.
The first phase of the infrastructure and the main business complex are expected to be completed in the fourth quarter of 2026; construction is expected to start in 2024.
RAK Central is going to have the biggest CBD in the northern emirates, according to Marjan. Commercial spaces will have open floor plans to allow for flexible design and will be customized to meet the needs of anchor tenants.
With views of the Arabian Gulf and Al Hamra Golf Club, it will be situated on Sheikh Mohammed bin Salem Al Qasimi Street.
It further stated that RAK Central is anticipated to grow into Ras Al Khaimah’s principal business district, drawing top companies and other regional organizations to establish their regional headquarters, including Marjan.
In addition to utilizing cutting-edge technological solutions, such as artificial intelligence (AI), it will adhere to the sustainability standards outlined in the LEED Gold Certification to build a sophisticated, cutting-edge ecosystem that supports the growth of businesses and communities.
RAK Central will provide freehold residential plots for investors to buy and develop, further solidifying Marjan’s standing as a developer of upscale residential communities.
In addition to having a pedestrian-friendly, green public realm and wide-open spaces and parks to promote a calm lifestyle, the carefully planned land plots will guarantee picturesque views from every unit, it said.
On the new project, CEO Abdulla Al Abdouli said: “RAK Central will usher in a new era of economic growth for Ras Al Khaimah, with a focus on not only providing international investors with high-value property but also by serving as a hub for businesses.”
“RAK Central is inspired by the picturesque setting of Ras Al Khaimah and complements the ethos of Marjan to build ambitious projects that salute the heritage of our emirate. Following the success of our flagship project, Al Marjan Island, we are now working on diverse projects to create master-planned communities that will serve as ‘downtowns’ of the future, in addition to new lifestyle hubs on mountains,” stated Al Abdouli, who is an architect himself.
RAK Central will provide freehold residential plots for investors to buy and develop, further solidifying Marjan’s standing as a developer of upscale residential communities.
He said that RAK Central will be built in stages, with the first phase consisting of a million square feet of commercial office space available for rent and more space available for development.
34 exclusive residential plots will be among them, and developers will be able to construct residential towers up to 45 stories tall, or roughly 200 meters high.
He continued, “Gensler, a globally recognized architecture, design, and planning firm with 53 offices and 6,000+ professionals across The Americas, Europe, China, and the APME region, designed Marjan’s own headquarters and integrated mixed-use office complex as part of the first phase.”
According to him, RAK Central will be developed in phases, with the construction of the first phase to include one million sq ft of commercial office space for rent and additional spaces offered for development.
This will include 34 exclusive residential plots, where developers can build residential towers of up to 45 floors, or approximately 200 meters high.
Marjan’s own headquarters and integrated mixed-use office complex, as part of the first phase, have been designed by Gensler, a world-renowned architecture, design, and planning firm, with 53 offices and 6,000+ professionals across The Americas, Europe, China and the APME region, he added.