Ras Al Khaimah’s burgeoning real estate market is set to welcome a striking addition to its skyline. Marjan, the master developer of freehold properties in the emirate, has announced a strategic partnership with Dara Developments for the acquisition of a prime plot within their latest mixed-use destination, RAK Central.
The result? A towering 27-storey residential building poised to redefine urban living in the northern emirate. But what does this ambitious project signify for RAK’s evolving landscape and its vision for the future?
The newly announced 27-storey residential tower marks a significant step in expanding the residential options within RAK Central, Marjan’s ambitious mixed-use development. Scheduled for completion by the fourth quarter of 2027, this high-rise aims to cater to the increasing demand for high-quality living spaces in Ras Al Khaimah.
The project aligns perfectly with the emirate’s Vision 2030, which seeks to establish Ras Al Khaimah as a vibrant and attractive destination for residents, investors, and tourists alike, offering a dynamic environment to live, work, and enjoy.
This acquisition marks the debut project for Dara Developments in Ras Al Khaimah, signifying their confidence in the emirate’s growing real estate potential. The 50,000 sq ft land plot will be transformed into a modern residential complex featuring approximately 350 apartments.
These units will range from studios to one, two, and three-bedroom configurations, offering residents panoramic views of the surrounding emirate. The design emphasizes creating a self-sufficient community, equipped with a range of state-of-the-art amenities. Residents can look forward to enjoying a swimming pool, a fully equipped gym, padel courts for sports enthusiasts, and a multi-purpose room for community gatherings and events.
Marjan has onboarded Abdul Rahim Architectural Consultants as the lead consultant for this prestigious project, ensuring architectural excellence and a design that complements the overall vision of RAK Central. IBAHouse Interior Architects will be responsible for the interior design, focusing on creating modern and comfortable living spaces.
The aim is to elevate RAK Central’s appeal as a well-integrated mixed-use environment that offers a holistic lifestyle to its residents. By incorporating commercial and retail spaces within the masterplan, the development aims to provide unparalleled convenience and a well-balanced ecosystem for smart living.
RAK Central is strategically located and designed to become a central business and lifestyle hub in Ras Al Khaimah. The masterplan encompasses a substantial 3 million sq ft of rentable office space, over 4,000 residential apartments, and four hotels with a combined capacity exceeding 1,000 keys.
Additionally, residents and visitors will benefit from multiple parks, green spaces, and a variety of retail and entertainment facilities, all interconnected with over 1,000 parking spaces. The development of RAK Central is progressing steadily, with work underway on its main headquarters, which is expected to be completed in the first quarter of 2027. This 27-storey residential tower by Dara Developments is a key component in realizing the full potential of RAK Central as a dynamic “live, work, play” destination.
Summary:
- Marjan has announced a partnership with Dara Developments to build a 27-storey residential tower in RAK Central, Ras Al Khaimah.
- The tower, expected to be completed by Q4 2027, will offer around 350 apartments ranging from studios to three-bedroom units.
- The development will feature modern amenities like a swimming pool, gym, and sports courts, aiming to create a self-sufficient community.
- This project aligns with Ras Al Khaimah’s Vision 2030 to establish the emirate as a vibrant destination for living, working, and tourism.
- RAK Central is envisioned as a major mixed-use hub with commercial, residential, hospitality, and leisure facilities.