Marjan Completes RAK Central Infrastructure, Names ALEC as Main Contractor

Ras Al Khaimah, UAE – September 12, 2025 - Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the completion of infrastructure works at RAK Central, its landmark mixed-use commercial development set to become the emirate’s leading business hub. The announcement also confirmed the appointment of ALEC, a leading Middle East construction group, as the main contractor for the RAK Central HQ Office Complex, marking a pivotal milestone for the project.

The development aligns with RAK Vision 2030, aiming to establish a vibrant work-live-play destination that combines business, lifestyle, and tourism while reinforcing Ras Al Khaimah’s position as a dynamic hub for international investment.

Infrastructure Now Fully Operational

Spanning 3.1 million sq. ft. of prime land and featuring 8.37 million sq. ft. of gross floor area, RAK Central is now ready for activation by investors and sub-developers.

The completed infrastructure includes a full range of wet and dry services such as:

• Stormwater and sewerage systems
• Firefighting and irrigation networks
• Potable water supply
• Electrical networks and street lighting

Roads, cycle tracks, landscaped areas, and green spaces with hundreds of trees have also been completed. With this foundation in place, sub-developers are scheduled to begin construction of commercial, residential, retail, and hospitality projects, while the RAK Central HQ Office Complex is set for completion in Q1 2027.

CEO Highlights Next Phase of Development

“With the completion of infrastructure works and onboarding of global contractors, RAK Central has progressed into a new activation phase,” said Arch. Abdulla Al Abdouli, Chief Executive Officer of Marjan. “The involvement of leading developers reinforces our vision to create a world-class hub that brings together business, lifestyle, and tourism, enhancing Ras Al Khaimah’s reputation as a compelling destination for international investors and families alike.”

A Strategic Investment Opportunity

RAK Central is designed to serve as Ras Al Khaimah’s commercial nucleus, offering exceptional investment fundamentals, including:

• 100% foreign ownership
• Low taxation
• High yield potential

Its strategic location and smart, future-ready design make it one of the most attractive investment zones in the region.

Located on Sheikh Mohammed bin Salem Al Qasimi Street, RAK Central offers spectacular views of Al Hamra Golf Club and the Arabian Gulf, with direct access to the E-11 highway, which is undergoing expansions to further improve connectivity.

The district features a mix of Grade A offices, residences, hotels, and retail spaces, all centered around a vibrant Town Square. The LEED Gold-certified office buildings offer dual licensing and are supported by investor-friendly frameworks. These buildings will be managed under a hospitality-driven model to ensure exceptional quality of life for residents, businesses, and visitors alike.

Masterplan Details and Sold-Out Plots

Since its announcement in January 2024, RAK Central plots have completely sold out, underscoring the strong demand from investors.

The masterplan includes:

• 3 million sq. ft. of rentable office space
• 4,000+ residential apartments
• Four hotels with a combined capacity of 1,000+ keys
• Multiple parks and green spaces
• Retail and entertainment facilities
• Interconnected buildings with 1,000+ parking spaces for visitors

RAK Central Open for Business

RAK Central is now officially open to welcome international investors, corporations, and residents seeking to establish themselves in Ras Al Khaimah’s most dynamic and vibrant new address.

With a strong infrastructure base, premier location, and ambitious development vision, the project is poised to become a cornerstone of the emirate’s growth and diversification strategy.