Ras Al Khaimah Unites Real Estate and Hospitality Under Marjan for Strategic Growth

🌍 Introduction
Ras Al Khaimah (RAK) is making power moves! In a landmark decision that’s set to reshape the emirate’s economic landscape, the government of Ras Al Khaimah has officially merged its real estate and hospitality arms under Marjan, the master developer behind some of the emirate’s most iconic projects.
This strategic consolidation aims to accelerate growth, attract global investors, and position Ras Al Khaimah as a leading destination for tourism, investment, and sustainable development in the UAE and beyond.
🏢 The Big Move: A Unified Vision
By merging its real estate and hospitality operations, Ras Al Khaimah is creating a stronger, more agile organization that can drive large-scale projects and investment with greater efficiency and focus.
Marjan, already a key player in RAK’s development story, will now oversee and integrate both sectors — streamlining decision-making, optimizing resources, and ensuring cohesive growth strategies that benefit the emirate as a whole.
This move also aligns with Ras Al Khaimah’s broader vision to become a world-class hub for living, leisure, and investment — a vision that’s already gaining traction thanks to high-profile projects and partnerships.
🏖️ Marjan’s Expanding Role in Ras Al Khaimah
If you’ve heard of Al Marjan Island, you already know the scale of Marjan’s ambition. The island, a man-made wonder that’s now a thriving destination for luxury resorts and waterfront living, has been central to RAK’s growth story.
With this merger, Marjan’s portfolio will expand even further, encompassing:
- Real estate development: Residential, commercial, and mixed-use projects that meet the growing demand for upscale living and investment opportunities.
- Hospitality management: Development and operation of resorts, hotels, and leisure facilities to attract both local and international visitors.
- Tourism innovation: Enhancing the emirate’s reputation as a lifestyle destination with world-class experiences and entertainment.
This integration means more synergy between tourism and real estate — two pillars that naturally complement each other in driving sustainable economic growth.
🌆 Driving Economic Growth Through Integration
The merger isn’t just about corporate restructuring — it’s a strategic move for long-term prosperity. By bringing together the expertise of both sectors under one umbrella, Ras Al Khaimah aims to:
- Streamline operations and cut redundancies.
- Accelerate project timelines for faster market delivery.
- Enhance investor confidence by providing a unified platform.
- Leverage tourism demand to drive real estate value.
- Create jobs and new opportunities for residents and businesses.
This unified approach mirrors what global markets are increasingly prioritizing — collaboration, efficiency, and long-term value creation.
🏨 RAK’s Hospitality Boom
Ras Al Khaimah’s hospitality sector is already booming, with an ambitious goal to attract 3.5 million visitors by 2030. The emirate has positioned itself as a diverse destination, balancing luxury tourism with adventure, culture, and sustainability.
Major international brands like Wynn Resorts, Mövenpick, and Hilton have already planted their flags in RAK, drawn
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