Marjan and RAK Hospitality Holding have merged into one of UAE’s largest real estate entities under Marjan. This drives Ras Al Khaimah’s investment hub status, boosts tourism to 3.5 million visitors by 2030 per RAK Vision 2030, and advances Emiratisation.
Project Highlights
The merger integrates hospitality expertise, land development, and lifestyle experiences for sustainable progress and heritage preservation. It includes accommodation for 15,000+ hospitality professionals to retain talent. Marjan expands to mountains with 100km hiking/biking trails in five years and events attracting 20,000+ visitors. Marjan Beach infrastructure advances: 790,000 sqm, 22,000 homes, 12,000 hotel keys, hosting 74,000 residents, 32,000 workers, 180,000 annual visitors.
Location and Investment Potential
Ras Al Khaimah’s real estate booms with Al Marjan Island and Wynn Resorts drawing European/Central Asian investors. UAE-wide rebound from Covid, golden visas, remote work permits, and non-oil growth fuel demand. The entity positions RAK as a smart, connected global lifestyle hub, creating high-value Emirati jobs and iconic destinations.
Final Thoughts
This merger propels Ras Al Khaimah’s innovation, tourism, and investment future with unified expertise. At Horizon Properties International, we specialize in RAK opportunities. Contact us to invest in this booming market.
FAQs
What is the Marjan-RAK Hospitality merger?
Forms a major UAE real estate entity under Marjan, integrating hospitality and development for tourism and investment growth.
How does it support RAK Vision 2030?
Aims for 3.5M annual tourists, Emiratisation, 15,000+ professional accommodations.
What are Marjan’s mountain plans?
100km trails in five years; events for 20,000+ visitors to boost active tourism.
What is Marjan Beach?
790,000 sqm development with 22,000 units, 12,000 hotel keys, for 74,000 residents, 32,000 workers, 180,000 yearly visitors.