RAK Central announcement in Ras Al Khaimah
Marjan, the leading developer of freehold properties in Ras Al Khaimah, has unveiled an ambitious venture: RAK Central, a sprawling business and residential hub. This vibrant mixed-use district will feature cutting-edge Grade A office spaces and commercial properties tailored to the needs of anchor tenants, boasting open floor plans for maximum flexibility.
Investors are invited to capitalize on 34 freehold plots, enabling the construction of residential towers soaring up to 45 floors, approximately 656 feet high. Each meticulously planned plot promises panoramic vistas, ensuring an elevated living experience. RAK Central will encompass over 4,000 residential units, three million square feet of premium office space, and accommodations in three hotels for over 1,000 guests. The development will also offer lush parks, retail outlets, entertainment venues, and interconnected buildings boasting ample parking space exceeding 1,000 spots.
Upon completion of all construction phases, RAK Central will emerge as a dynamic epicenter for work, leisure, and living, aligning seamlessly with the goals of RAK Vision 2030. Designed with pedestrian-friendly landscaped pathways, expansive green spaces, and recreational facilities, it promises an enriching lifestyle for residents and visitors alike.
Strategically situated on Sheikh Mohammed bin Salem Al Qasimi Street, RAK Central commands breathtaking views of the Arabian Gulf and the Al Hamra Golf Club. As the largest commercial business district in the Northern Emirates, it aims to attract major corporations and enterprises, including Marjan Development Company, to establish their headquarters within its premises.
Embracing cutting-edge technology, RAK Central will harness artificial intelligence (AI) to cultivate a smart and modern ecosystem. Committed to sustainability, the community will adhere to the principles of LEED Gold Certification for environmentally responsible development.
The development of RAK Central will unfold in phases, with the initial stage encompassing one million square feet of commercial office space for lease, alongside opportunities for further expansion. Renowned architectural firm Gensler is spearheading the design of Marjan’s headquarters and integrated office complex, marking a significant milestone in the project’s progression. Construction is slated to commence in 2024, with the first phase expected to be finalized by Q4 2026, setting the stage for a new era of innovation and growth in Ras Al Khaimah.