Are there enough incredible urban developments to satisfy the development demand in Ras Al Khaimah? This question resonates with buyers and residents alike due to the fact the emirate’s population and tourism numbers remain developing. In response, a prominent Dubai-based developer has unveiled ambitious plans to launch two major projects in RAK Central, the largest business district in Ras Al Khaimah. Each project boasts a sales value of $272 million (1 billion UAE dirhams) and aims to redefine urban living in the emirate.

Dubai-Based Developer Expands Projects At Rak Central 

Details Of Planned Projects

The first project, already launched, is a flagship mixed-use development covering 450,000 square feet. It includes 312 residential apartments, a Grade A office building, and hotel apartments. Remarkably, the development was a complete sellout on its opening day, signaling strong market demand. Building on this success, the developer plans to unveil two additional projects within the next three to four months. 

These upcoming projects will align with the emirate’s growing need for modern, high-quality residential and commercial spaces. A branded hotel is also part of the upcoming plans. Discussions are ongoing with global hotel brands to finalize the partnership, ensuring the hotel meets international standards of luxury and service. Additionally, an office tower is under consideration to complement the existing and planned developments. These initiatives underscore the developer’s commitment to creating a vibrant urban ecosystem that caters to diverse needs.

Strategic Location Near Key Attractions

RAK Central, the focal point of these projects, is strategically located near Marjan Island, a thriving hub of tourism and entertainment in Ras Al Khaimah. The island is home to world-renowned attractions, including the largest Wynn Casino, which has drawn significant global attention. This prime location enhances the appeal of the developments, making them attractive to both investors and residents seeking convenience and luxury. With easy access to entertainment, leisure, and business hubs, RAK Central offers a unique blend of connectivity and exclusivity.

Anticipated Completion Timeline

The first phase of these ambitious projects is expected to be completed by the fourth quarter of 2027. The developer has meticulously planned construction timelines to ensure timely delivery while maintaining high-quality standards. Once completed, the developments will offer a mix of residential, commercial, and hospitality options designed to cater to the emirate’s growing and diverse population.

Addressing The Housing Demand

Ras Al Khaimah is experiencing a surge in housing demand, driven by population growth and increased tourism. According to recent estimates, the emirate will need approximately 45,000 new homes over the next three years to meet this demand. The developer’s projects aim to address this pressing need by delivering innovative residential solutions equipped with modern amenities. By focusing on thoughtful design and high-quality construction, these developments are expected to attract both local and international buyers, further solidifying Ras Al Khaimah’s reputation as a desirable place to live and invest.

Also Read: Dubai’s Burj Khalifa Marks 15th Anniversary With Aed 467.1 Million In Home Sales In 2024

Features Of One Central

The flagship project, One Central, embodies the developer’s vision for modern urban living, offering a diverse array of housing options. Residents can choose from studio, one-bedroom, and two-bedroom apartments, with select two-bedroom units featuring exclusive amenities such as private pools, ideal for those seeking a premium lifestyle. The development is further enhanced by state-of-the-art amenities designed to cater to diverse preferences and needs.

These include an infinity rooftop pool with stunning panoramic views, a luxurious sky lounge for socializing and relaxation, and a dedicated jogging track for fitness enthusiasts. Additionally, residents can enjoy an outdoor cinema that blends entertainment with the comfort of home. These thoughtfully curated features make One Central an attractive choice for families, professionals, and investors, offering a lifestyle that combines comfort, luxury, and functionality.

Community-Centric Approach

A key aspect of the developer’s vision is creating vibrant, community-focused spaces that foster a sense of belonging. The planned developments in RAK Central are designed to promote interaction and engagement among residents and visitors. From landscaped gardens and recreational facilities to retail outlets and dining options, the projects aim to offer a holistic living experience that meets the needs of a modern, dynamic community.

Arshad Darbar’s Perspective On Rak Central Projects

Arshad Darbar, a seasoned real estate expert with extensive experience in the UAE market, believes the recent announcement of two $272 million projects in RAK Central reflects a pivotal shift in Ras Al Khaimah’s urban landscape. “The emirate is undergoing a transformative phase, and these projects are a testament to the growing confidence in Ras Al Khaimah as a destination for investment, living, and tourism,” he said. Darbar highlights the strategic location of RAK Central, close to Marjan Island and major attractions, as a critical factor driving investor interest.

“Proximity to landmarks such as the Wynn Casino and other world-class developments adds immense value to these projects. It’s a carefully planned move to cater to the emirate’s increasing demand for quality urban spaces.” He also commends the developer’s comprehensive approach, incorporating residential, commercial, and hospitality components. “The inclusion of branded hotels, Grade A office spaces, and lifestyle-centric amenities demonstrates a clear vision to create integrated communities rather than standalone projects,” Darbar noted. 

Looking ahead, Darbar sees these developments as a catalyst for Ras Al Khaimah’s economic growth. “With an estimated need for 45,000 homes in the next three years, initiatives like these are essential to sustaining the emirate’s momentum,” he concluded. 

Conclusion

With two new projects set to launch soon, the Dubai-based developer is playing a pivotal role in transforming RAK Central into a thriving urban hub. By addressing the emirate’s housing needs and enhancing urban living, these developments promise to bring modernity, luxury, and sustainability to the heart of Ras Al Khaimah. Positioned near key attractions and equipped with top-tier amenities, the projects are poised to meet the demands of the growing population and tourism industry. 

As construction progresses, the developments are set to redefine the landscape of RAK Central, solidifying its status as a premier destination for investment and living.