RAK Hospitality Merges with Marjan in Ras Al Khaimah

Marjan, the master developer of freehold properties in Ras Al Khaimah, and RAK Hospitality Holding (RAKHH), the government-owned investment and development arm in the Emirate, on Thursday announced a strategic merger to create a unified entity operating under Marjan.

This strategic merger combines world-class hospitality expertise with visionary land development strategies to form a dynamic, future-ready organisation. Marjan will now fully integrate real estate development, hospitality operations, and lifestyle experiences under one umbrella.

Guided by RAK Vision 2030, Marjan, one of the largest real estate developers in the UAE and the leading master developer in the Northern Emirates, will champion Ras Al Khaimah’s growth as the next global lifestyle and investment hub. It will drive substantial investments, boost tourism, and deliver long-term stakeholder value as the region’s premier integrated destination and real estate platform. 

Announcing the merger, Marjan Chairman Sheikh Ahmed bin Saud bin Saqr Al Qasimi said that Ras Al Khaimah was committed to its vision to drive progress and sustainable development, celebrating its rich history, preserving its heritage, and honouring its identity.

He said that RAK Vision 2030 has set the Emirate’s ambition to be a pioneer in the region for livability and a place where opportunities thrive. Anchored in Ras Al Khaimah’s vision for sustainable prosperity, the merger will create high-value jobs for Emiratis, develop national capabilities, and reinforce our position as a beacon of opportunity and innovation.

According to him, this merger builds upon solid foundations for a new chapter of advancement and success, enabling Marjan to deliver iconic destinations that are deeply rooted in Ras Al Khaimah’s unique identity.

He also said that Marjan will spearhead Ras Al Khaimah’s transformation through the development of ambitious new master plans, optimising destination development. Leveraging data, design, and technology, Marjan will launch mixed-use developments.

“These meticulously planned developments, including Al Marjan Island, RAK Central, Marjan Beach, and the upcoming Jebel Jais masterplan, are designed to elevate the quality of life for residents, enrich travel and leisure experiences for visitors, and attract diverse investment opportunities,” he added.

Marjan Group CEO Abdulla Al Abdouli said that Marjan will champion Ras Al Khaimah’s development and master planning into a smart, authentic, connected city of the future, and a vibrant destination where people, businesses, and communities thrive. Marjan will position Ras Al Khaimah as the global lifestyle and investment hub of the future.

Marjan Beach Works

Following the successful launch of Marjan Beach, the UAE’s most comprehensive mixed-use beach town destination, the Emirate is now advancing infrastructure works on the 85-million sq. ft. masterplan.

Designed around eight distinct neighbourhoods, Marjan Beach will feature 22,000 residential units and 12,000 luxury hotel keys, a population of 74,000 residents, a workforce of 32,000, and welcoming up to 180,000 visitors annually.

Stretching across 3 km of pristine beachfront and with 6.5 million sq. ft of open green spaces aligning infrastructure enhancement with creation over community public realm, Marjan Beach will offer an authentic coastal lifestyle that promotes connectivity and walkability, distinguishing Ras Al Khaimah as a sustainable investment hub and premier tourism gateway.

This merger firmly establishes a powerful, future-ready entity capable of propelling Ras Al Khaimah into its next chapter of growth. It supports expansion into new markets, fosters the creation of distinctive lifestyle offerings, and will attract world-class talent and investments.