RAKEZ, Marjan Appoint JLL as Leasing Advisor for RAK Central HQ

Ras Al Khaimah Economic Zone (RAKEZ) and master developer Marjan have jointly announced the appointment of JLL, a leading global real estate consultancy, as the exclusive leasing advisor for RAK Central HQ, a flagship commercial development set to elevate Ras Al Khaimah’s position as a business destination in the UAE.

The announcement was made as part of the emirate’s broader strategy to attract regional and international businesses, offering premium-grade office spaces and advanced infrastructure in the heart of Ras Al Khaimah.

A Landmark Development in Ras Al Khaimah

RAK Central HQ is the centerpiece of the RAK Central masterplan, envisioned as a new urban district with modern commercial, residential, and retail offerings. Located strategically along the Sheikh Mohammed bin Salem Road, the HQ project aims to attract multinational corporations, government entities, and regional firms seeking a cost-effective yet premium business environment.

According to RAKEZ and Marjan, the development will feature Grade A office spaces, contemporary architecture, sustainable building practices, and a business-friendly environment designed to international standards.

Why JLL?

The appointment of JLL (Jones Lang LaSalle) as exclusive leasing advisor brings global credibility and leasing expertise to the project. Known for their extensive portfolio across the Middle East and globally, JLL is expected to support the leasing strategy, tenant outreach, and positioning of RAK Central HQ as a top-tier office address.

JLL’s advisory services will include market analysis, space planning, tenant negotiations, and long-term leasing strategy to ensure strong occupancy rates and the right mix of tenants for the development.

Economic Growth and Diversification

The collaboration is aligned with Ras Al Khaimah’s vision for economic diversification and sustainable development. By offering competitive, high-quality commercial spaces, RAK Central HQ supports the emirate’s efforts to attract FDI, promote entrepreneurship, and create a vibrant ecosystem for innovation and growth.

Speaking about the partnership, Ramy Jallad, Group CEO of RAKEZ, stated:

“RAK Central HQ is a landmark development designed to attract and support businesses looking for high-quality office space in a well-connected, cost-effective environment. By appointing JLL, we are ensuring this project is backed by global leasing expertise to deliver a world-class business destination. This is a key milestone in our strategy to position Ras Al Khaimah as a preferred base for regional and international companies.”

A Key Milestone for Marjan and RAKEZ

For Marjan, known for developing iconic destinations such as Al Marjan Island, the RAK Central HQ represents a new venture into large-scale commercial infrastructure. The partnership with RAKEZ brings together strengths in real estate development and economic zone management, further reinforcing Ras Al Khaimah’s business appeal.

Both entities emphasized that RAK Central HQ is not only about physical space but also about creating a community of thriving businesses with top-tier services, amenities, and connectivity.

Setting New Benchmarks for Office Space in the UAE

With the growing demand for decentralized business hubs across the UAE, Ras Al Khaimah is positioning itself as a strong alternative for companies seeking value, accessibility, and long-term growth. The success of RAK Central HQ, supported by JLL’s leasing expertise, could mark a turning point in the emirate’s commercial real estate landscape.

Construction of the HQ is underway, with leasing activity now ramping up. Businesses interested in relocating or expanding to Ras Al Khaimah will soon have access to a world-class commercial address tailored to their evolving needs.