Ras Al Khaimah, United Arab Emirates – Marjan, the lead developer of freehold projects in Ras Al Khaimah, and Rak Hospitality Holding, which manages a diverse portfolio of hotel, hospitality, and entertainment assets in the Emirate of Ras Al Khaimah, announced a strategic merger to establish a unified entity operating under the Marjan umbrella.
This merger combines global expertise in the hospitality sector with ambitious visions for land development, forming a dynamic institution ready for the future.
Marjan will combine real estate development, hospitality, and modern living experiences under one umbrella.
Inspired by Ras Al Khaimah Vision 2030, Marjan, as one of the UAE’s largest real estate developers, will lead Ras Al Khaimah’s growth to enhance its role as a global hub for living and investing.
It will also drive major investments, boost the tourism sector, and deliver long-term value to investors as the region’s leading integrated destination and real estate platform.
Marjan will lead the transformation process in Ras Al Khaimah by developing ambitious master plans, which will enhance the development of tourist destinations.
Leveraging modern technology and data, Marjan will launch mixed-use projects, seamlessly integrated with the basic infrastructure of vibrant communities, and vital facilities such as healthcare, education and quality of life.
These carefully designed projects include Coral Island, Rack Central, Coral Beach, and the anticipated master plan for Mount Jess.
It is designed to improve the quality of life for residents, enhance travel and entertainment experiences for visitors, and attract diverse investment opportunities.
Marjan Beach extends along 3 kilometers of the Arabian Gulf.
It includes 6.5 million square feet of green space.
Which links infrastructure development with the creation of community public spaces that will support an authentic lifestyle that enhances connectivity and ease of mobility.
Which distinguishes Ras Al Khaimah as a sustainable investment center and a leading tourism gateway.
In confirmation of its support for the goal of Ras Al Khaimah Vision 2030, Marjan works to attract 3.5 million visitors annually to the emirate.
International visitors constitute 60% of the total tourists in the emirate
It will also work to expand hotel capacity in Ras Al Khaimah.
By attracting the world’s most prominent brands, including the world’s finest luxury hospitality brands.
As part of its expansion into mountainous areas, Marjan will develop 100 kilometers of walking and cycling trails over the next five years.
This redefines the region’s vital tourism and highlights Ras Al Khaimah’s stunning landscape.
Cultural and entertainment events
Marjan plans to attract more than 20,000 festival audiences to the emirate through world-class cultural and entertainment events.
In support of Ras Al Khaimah’s hospitality system, Marjan will provide world-class accommodation facilities to more than 15,000 hospitality workers.
Ensuring exceptional living standards that attract and maintain the best competencies.
It will also operate advanced washing facilities that process more than 100,000 tons annually using as little energy as possible.
Which enhances operational excellence and sustainability throughout this distinguished destination.
This merger consolidates the new entity’s position as a strong, future-ready institution capable of pushing Ras Al Khaimah towards a new chapter of growth.
It supports expansion into new markets, enhances the delivery of distinctive modern lifestyle offerings, and will attract the best global talent and investments.
