Al Marjan Island’s Largest Project Unveiled by New RAK Real Estate Developer

Introduction to Ras Al Khaimah’s Real Estate Boom

Ras Al Khaimah (RAK) has rapidly emerged as one of the UAE’s most promising real estate markets. Known for its natural beauty, rich cultural heritage, and investor-friendly environment, RAK is now grabbing headlines thanks to a newly announced mega project on Al Marjan Island — the region’s largest man-made island development. A new real estate developer has stepped into the spotlight with the largest-ever project on Al Marjan Island, setting a new benchmark for luxury living, hospitality, and investment potential in the emirate.

What is Al Marjan Island?

Al Marjan Island is a stunning man-made archipelago located in Ras Al Khaimah. Stretching over 4.5 kilometers into the Arabian Gulf and covering an area of 2.7 million square meters, this iconic development features residential buildings, luxury hotels, entertainment hubs, and pristine beachfronts.

The island has attracted significant attention from both local and international developers, investors, and tourists due to its strategic location, tax advantages, and rising demand for high-end properties in RAK.

Highlights of the New Al Marjan Island Project

The newly unveiled development is poised to become the largest real estate project on Al Marjan Island, featuring:

• Luxury beachfront villas and apartments

• 5-star hotels and resorts

• Waterfront retail and dining spaces

• Entertainment zones and wellness centers

• Eco-friendly and sustainable infrastructure

This project not only aims to elevate the island’s infrastructure but also enhance its appeal to global investors, tourists, and high-net-worth individuals seeking residence in the UAE.

Why RAK Real Estate is Gaining Momentum

The rise of Ras Al Khaimah’s property sector is no coincidence. Here’s why the emirate is now a real estate hotspot:

1. Strategic Location

Situated just 45 minutes from Dubai, RAK offers a serene and luxurious alternative to the bustling lifestyle of other emirates. Its accessibility via road and the RAK International Airport adds to its appeal.

2. Investor-Friendly Policies

RAK’s government offers 100% foreign ownership, long-term visas, and tax-free income for investors and residents. These policies make property investment safer and more profitable.

3. High Rental Yields

Compared to Dubai and Abu Dhabi, Ras Al Khaimah offers higher rental yields, making it a preferred location for property investors looking for strong returns.

4. Tourism Growth

With attractions like Jebel Jais, Suwaidi Pearls, and now the mega Al Marjan Island project, RAK is drawing millions of tourists, creating more demand for holiday homes and short-term rentals.

Impact on the Real Estate Market

This groundbreaking project is expected to significantly influence the Ras Al Khaimah property market, including:

• Increase in property value across Al Marjan Island and nearby regions

• Surge in luxury real estate demand

• Boost in construction and job opportunities

• Greater interest from international developers and brands

• Strengthening of RAK’s position in the global real estate market

Investment Opportunities for Buyers

Whether you’re looking for a second home, a vacation rental, or a profitable real estate investment, this new project opens the door to:

✅ Waterfront Villas

Ideal for families and individuals who want privacy, luxury, and direct access to private beaches.

✅ Luxury Apartments

High-rise living with sea views, modern interiors, and access to world-class amenities like pools, gyms, and concierge services.

✅ Branded Residences

The project includes branded residences managed by international hospitality brands, ensuring premium service and value.

Who is the New Developer?

While the identity of the developer is freshly emerging in the media, early reports suggest that it is a reputed international real estate player entering the UAE market through Ras Al Khaimah. The move signals strong confidence in RAK’s growth potential and opens the door for more global collaborations and joint ventures in the future.

How This Affects Residents and Businesses

This massive investment doesn’t just impact investors—it also benefits:

• Residents with better infrastructure, lifestyle, and property value

• Tourists with more accommodation, entertainment, and dining options

• Businesses due to increased footfall, retail demand, and hospitality expansion

Comparison with Other UAE Islands

Al Marjan Island offers a balance of luxury, future appreciation, and competitive pricing—making it highly attractive to long-term investors.

Sustainability & Green Development

The new Al Marjan project also aligns with UAE Vision 2030 by:

• Integrating green architecture and smart technologies

• Focusing on low-energy consumption buildings

• Promoting public green spaces and walkability

• Ensuring sustainable construction practices

These elements not only support the environment but also increase the long-term value of the properties.

Forecast for the RAK Real Estate Market in 2025 and Beyond

With this project as a catalyst, RAK’s real estate market is expected to:

• Grow at CAGR of 7-9% over the next five years

• Attract over AED 15 billion in new investments

• Create thousands of new jobs

• Expand international property buyer base

As Dubai becomes increasingly saturated and expensive, RAK offers a more affordable, premium-living alternative.

Final Thoughts: Is Now the Time to Invest?

Absolutely. The new Al Marjan Island mega project is more than just a development — it’s a symbol of RAK’s transformation into a luxury and investment hub. Whether you’re a local buyer or an international investor, this is the perfect time to explore opportunities in this emerging paradise.