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Wasl Group has taken a major step in expanding its presence beyond Dubai with the acquisition of a premium beachfront plot at Marjan Beach, Al Marjan Island.
This milestone marks the group’s first-ever investment in the northern emirate, signaling growing confidence in Ras Al Khaimah’s emergence as a high-potential real estate market.
Expanding Beyond Dubai: Wasl’s Strategic Move
The Marjan Beach plot Wasl Group deal reflects Wasl’s commitment to developing luxury destinations that combine residential, hospitality, and lifestyle experiences.
Positioned along the pristine coastline of Ras Al Khaimah, the upcoming project will introduce a five-star hotel and branded residences offering panoramic views of the Arabian Gulf.
The design is expected to prioritize sustainable architecture, elegant living spaces, and seamless integration with the area’s coastal environment.
Wasl Group’s expansion aligns with RAK Vision 2030, an economic roadmap dedicated to creating a diversified and sustainable investment hub.
The Ras Al Khaimah beachfront land acquisition by Wasl Group reinforces this goal by bringing one of Dubai’s most established developers into the emirate’s real estate landscape.
Construction is scheduled to commence in 2026, with the first phase expected to be completed by 2029.
Marjan Beach: A Vision for Modern Beachfront Living
Marjan Beach, the setting for this development, is envisioned as Ras Al Khaimah’s next-generation beach community.
Planned around eight unique neighborhoods, it will feature luxury villas, premium residences, hospitality offerings, and public green spaces.
Once completed, the community will accommodate more than 70,000 residents and make a significant contribution to the emirate’s tourism and lifestyle economy.
For Wasl Group, this new project represents more than an expansion; it symbolizes a strategic partnership between two leading developers committed to enhancing the quality of life and creating value for future generations.
The Wasl Group Ras Al Khaimah real estate news is seen as a pivotal moment in the emirate’s ongoing transformation into a regional hub for high-end living and sustainable tourism.
→ Check out the New Projects in Al Marjan Island
→ Find out about Wynn Al Marjan Island Casino
FAQs
The development will feature a five-star hotel and branded residences with direct beach access, along with leisure and lifestyle facilities.
Groundbreaking is scheduled for 2026, with phased openings beginning in 2029.
Yes, buying property in Ras Al Khaimah is a smart investment in the UAE. The emirate offers affordable prices, strong rental yields, and growing tourism appeal, making it an attractive alternative to Dubai and Abu Dhabi.
With major developments like Al Marjan Island, Wynn Resort, and Mina Al Arab, RAK is rapidly transforming into a luxury coastal and leisure destination.
The RAK government’s investor-friendly policies, such as freehold ownership for foreigners and zero property tax, add to its appeal.
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