BNW Launches RAK Central, Redefining Urban Living in Ras Al Khaimah

Ras Al Khaimah, UAE, September 29, 2025: Ras Al Khaimah is redefining urban living with the official launch of RAK Central, a landmark mixed-use destination designed to transform how people live, work, and play.

The project features a diverse portfolio of branded residences including FashionTV Acacia, TAJ Wellington Mews, and Ramada Residences by Wyndham, alongside premium beachfront retreats such as Aquino, Aqua Arc, Pelagia, and Aqua Maya. With these developments, BNW Developments continues to strengthen its significant presence in the emirate, reflecting its commitment to Ras Al Khaimah’s transformation into the UAE’s next major financial and lifestyle hub.

Spanning 3.1 million square feet, RAK Central is a forward-looking development aligned with the ambitious RAK Vision 2030, supporting the emirate’s strategy for economic diversification.

Abdulla Al Abdouli, Chief Executive Officer of Marjan, commented:

“As our vision for RAK Central takes shape, we are happy to announce that the hub of this vibrant ecosystem, RAK Central HQ, will be operational within two years. This will pave the way for a phased integration of premium residential and world-class hospitality offerings, culminating in a holistic destination. While our commercial spaces, representing 15% of the masterplan, will serve as the initial catalyst attracting top-tier talent and enterprise, 85% of the premium space is dedicated to residences and hospitality brands, underscoring our commitment to creating a thriving, self-sustaining community.”

BNW’s Strategic Growth in Ras Al Khaimah

BNW Developments is the largest private developer in Ras Al Khaimah, playing a key role in the emirate’s rapid growth and development. As Ras Al Khaimah continues to emerge as a hub for innovation, sustainability, and exceptional quality of life, RAK Central represents the city’s bold, future-focused urban vision.

Ankur Aggarwal, Founder and Chairman of BNW Developments, said:

“RAK Central embodies the kind of future-focused, high-impact investment we believe in at BNW. It’s more than a destination, it’s a movement toward a smarter, more connected urban experience. As early partners and investors, we see this as a defining moment to grow alongside Ras Al Khaimah’s transformation. With its meticulous infrastructure, strong international investor appeal, and bold long-term vision, RAK Central is poised to become the powerhouse of commerce, community, and capital in the northern emirates. For us, this is more than a strategic real estate play, it’s a commitment to building lasting value in one of the UAE’s most promising growth corridors.”

Vivek Anand Oberoi, Co-Founder and Managing Director of BNW Developments, added:

“Building on our established presence in Al Marjan Island and soon expanding into the Beach District, we see RAK Central as a natural extension of our mission to shape places that inspire, connect, and endure. This development captures the spirit of a new Ras Al Khaimah, one that blends business ambition with coastal living, and modern design with human connection. At BNW, we’re proud to be aligned with this vision and to contribute meaningfully to the region’s evolving urban story.”

Enhancing Connectivity and Global Appeal

Ras Al Khaimah’s attractiveness as an investment destination is bolstered by strong global connectivity, including a new international airport terminal currently under development. With projected passenger traffic expected to exceed three million, accessibility and growth potential are on the rise.

BNW Developments remains committed to delivering landmark projects that create long-term value for both residents and investors. RAK Central embodies this forward momentum, representing a next-generation hub that is already attracting significant international interest and capital.