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Tag: Ras Al Khaimah

Construction & Real Estate

Ras Al Khaimah set to deliver over 25,000 new homes by 2030

Ras Al Khaimah is expected to add more than 25,000 residential units over the next four years, with apartments accounting for 97% of the planned supply, mainly driven by population growth, higher foreign investment and expanding business activity in the emirate, said an real estate industry expert....

Construction & Real Estate

25,600 new residential units in pipeline in Ras Al Khaimah

The Emirate of Ras Al Khaimah (RAK) has 25,600 new residential units in the pipeline between now and 2030, with apartments accounting for 97% of future supply, according to new insight from leading real estate advisory group Cavendish Maxwell. ...

Construction & Real Estate

Luxe awards fit-out contract for major RAK residential tower

UAE-based Luxe Developers has awarded a key fit-out contract to Interiors International Industries for its flagship Oceano development on Al Marjan Island in Ras Al Khaimah. On completion, Oceano will boast 225 ultra-luxury residences across two interconnected towers as well as 11 retail units. ...

Construction & Real Estate

Dubai Investments completes delivery of 189 villas at Al Marjan Island

Dubai Investment said it has completed the final phase of villa handovers at Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. The delivered portfolio features a mix of townhouses, three- to five-bedroom units in addition to key beachfront residences. ...

Construction & Real Estate

Saint-Gobain strengthens regional footprint with new facility in Ras Al Khaimah

Global leader in light and sustainable construction, Saint-Gobain inaugurated its new construction chemicals manufacturing unit in Ras Al Khaimah, reinforcing its long-term commitment to the UAE market and expanding its regional product range offer along with production capabilities. ...

Construction & Real Estate

Elevate reports $34.72m new transaction at Mondrian Al Marjan

Elevate, a lifestyle real estate brand behind Mondrian Al Marjan Island Beach Residences, developed in partnership with lifestyle hospitality company Ennismore, has announced a landmark transaction exceeding AED127.5 million ($34.72 million) at the project....

Construction & Real Estate

Shyam Steel expands industrial footprint with strategic RAK investment

Shyam Middle East Resources, a part of India’s renowned Shyam Steel Group, is set to establish a non-ferrous metals processing and manufacturing facility at Al Ghail Industrial Zone in Ras Al Khaimah Economic Zone. The project marks a significant step in the group’s global expansion strategy. ...

Construction & Real Estate

Hira boosts RAK presence with new factory, warehouse facility

Hira Industries, a global manufacturer and supplier serving the construction sector since 1980, has expanded its operations at Ras Al Khaimah Economic Zone (Rakez) with the addition of a new factory and warehouse facility at Al Ghail Industrial Zone. ...

Construction & Real Estate

Dubai Investments unit achieves key safety milestone at RAK project

Dubai Investments said its real estate subsidiary Dubai Investment Real Estate (DIR) has achieved a major milestone at its flagship Danah Bay development on Al Marjan Island, Ras Al Khaimah, by clocking 2 million safe working man-hours without a Lost Time Injury (LTI) across the residential and hotel towers. ...

Construction & Real Estate

Durar Group awards main contract for Missoni-branded homes in RAK

UAE-based Durar Group has appointed Ali & Sons as the main contractor for its flagship branded residential development - Moonstone Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah. A premium development, it features 226 sea-facing residences along with key amenities. ...

Construction & Real Estate

Ras Al Khaimah logs $3.4bn in home sales in 2025, off-plan dominates

The northern emirate of Ras Al Khaimah has secured AED12.4 billion ($3.37 billion) worth of sales across 6,600 residential property transactions in 2025, with the off-plan segment accounting for 85% of deals, said a real estate expert, adding a total of 8,400 new homes are in the RAk property pipeline until 2028. ...

Construction & Real Estate

Elevate inks piling contract for RAK beach residences

UAE developer Elevate has announced that it has awarded the piling and foundation works package for its premium development in Ras Al Khaimah - Mondrian Al Marjan Island Beach Residences - being set up at a total investment of AED1.8 billion ($490 million). ...

Construction & Real Estate

Almal's $400m RAK hotel, residences project on track for 2027 handover

UAE-based Almal Real Estate Development has announced that nearly 23% of the construction work has been completed on its $400 million prime project in Ras Al Khaimah - The Unexpected Al Marjan Island Hotel & Residences - and is on track for handover in 2027. ...

Construction & Real Estate

RAK Crown Prince reviews key Mina Al Arab projects

Ras Al Khaimah is pushing ahead with its ambitious projects that meet the highest standards of quality and sustainability in a bid to cement its status as a leading global destination for investment, tourism and quality living, said its Crown Prince after reviewing the projects in Mina Al Arab area....

Construction & Real Estate

Synergy plays key advisory role for major RAK sewage plant facility

Synergy Consulting, a major financial advisory services company, has announced that it is playing a vital role as financial advisor to a consortium comprising Etihad Water and Electricity, Taqa Water Solutions and Saur International for a key sewage plant in Ras Al Khaimah with a 60,000 cu m/day capacity. ...

Construction & Real Estate

Wynn Resorts resumes work at its premium RAK project after a brief pause

Wynn Resorts, a US-based developer of high-end hotels and casinos, said work has resumed at its premium development on the Al Marjan Island in Ras Al Khaimah following a short pause. All necessary steps have been taken to ensure the safety of all employees working on site, it stated. ...

Construction & Real Estate

RAK Properties launches sale of three-tower development

RAK Properties, a leading UAE real estate developer, has announced the sales for Lunara on The Strand, a prime development featuring 583 homes across a collection of three connected towers within the Marjan Beach District in Ras Al Khaimah. The project is set for completion in Q1 2029. ...

Construction & Real Estate

Tissoli launches Phase 2 of flagship residential project in RAK

Tissoli, a leading real estate developer, has announced the sales launch of the second phase of its AED1.2 billion ($327 million) flagship development, Palazzo Tissoli, in Ras Al Khaimah. It involves a limited collection of fully furnished studios, and one-bedroom apartments featuring sweeping sea views. ...

Construction & Real Estate

Beyond unveils fully masterplanned project on Marjan Beach

Beyond Developments has unveiled its first fully masterplanned project, Evermore, on Marjan Beach in Ras Al Khaimah featuring residential, hospitality and retail components. Anchored by 250,000 sq m open spaces, including a botanical garden, it is designed as a fully pedestrian masterplan with a projected GDV exceeding AED25 billion. ...

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