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To be developed by Marjan, it will be located on Sheikh Mohammed bin Salem Al Qasimi Street and with some eye-catching views of Al Hamra Golf Club and the Arabian Gulf. Opening is scheduled for 2026.
Commercial spaces will be tailored as ‘per the needs of anchor-tenants’, with open floor plans to facilitate a flexible design.
“In due course, RAK Central is expected to become Ras Al Khaimah’s largest business hub, attracting leading businesses and other entities in the region to set up their headquarters,” said a statement.
Ras Al Khaimah has been hosting one of the fastest growing property markets in the Gulf, helmed by signature developments such as the upcoming one from Wynn resorts, the investment flows down by Aldar and other developers, as well as the gains made by Rakez (Ras Al Khaimah Free Zone). More recently, the emirate launched the RAK Digital Assets Authority and a hub for businesses in the virtual assets space.
“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,” said Abdulla Al Abdouli, CEO of Marjan.
“This aligns with the vision of our leadership to strengthen the business ecosystem of the Emirate and serve as the first choice for residence, business and leisure.”
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