A Landmark Expansion Strengthening Wasl’s Legacy
In a move that strengthens its presence in the UAE’s real estate market, Wasl Group has announced the acquisition of a prime beachfront property within Marjan Beach, a new mixed-use destination in Ras Al Khaimah. The announcement by Marjan, the master developer behind some of the emirate’s most prominent projects, marks Wasl Group’s debut in Ras Al Khaimah.
This acquisition highlights the growing confidence in Ras Al Khaimah’s real estate market and aligns with the RAK Vision 2030, which aims to position the emirate as a leading destination for tourism, investment, and sustainable living. For Wasl, the move represents a new chapter in its ongoing efforts to expand beyond Dubai and develop world-class communities across the UAE.
Wasl’s Vision for a New Coastal Destination
Wasl Group’s newly acquired beachfront plot will be home to a flagship development combining architectural excellence with an elevated coastal lifestyle. The plan includes a five-star hotel and branded residences that will offer panoramic views of the Arabian Gulf and easy access to Ras Al Khaimah’s growing portfolio of leisure, cultural, and wellness attractions.
Construction is set to begin in 2026, with phased openings expected from 2029 onward. The development will not only introduce Wasl’s signature luxury design to a new market but also enhance the overall master plan of Marjan Beach, a destination envisioned to become a model for integrated coastal living.
Strengthening Ras Al Khaimah’s Global Appeal
The deal underscores Ras Al Khaimah’s rapid rise as a global hub for lifestyle and investment. With new hospitality projects, infrastructure improvements, and a strong focus on sustainability, the emirate has positioned itself as an attractive destination for investors and residents alike.
Marjan CEO Abdulla Al Abdouli stated that the partnership with Wasl reflects the emirate’s growing reputation as a desirable place to live, work, and invest. He noted that the introduction of Wasl’s first luxury project within the Marjan Beach master plan expands the developer’s portfolio of high-end villas and apartments and reinforces its leadership position in Ras Al Khaimah’s real estate market. Al Abdouli emphasized that this development supports Marjan’s vision to deliver long-term, sustainable value through pioneering destinations that enrich community life.
Inside the Marjan Beach Master Plan
Marjan Beach is one of Ras Al Khaimah’s most ambitious master-planned communities. Designed around eight distinct neighborhoods, it will feature 22,000 residential units and 12,000 hotel keys once fully developed. The destination is expected to host approximately 74,000 residents and a workforce of around 32,000 people, creating a self-sustained ecosystem that blends modern living with natural beauty.
The project aims to redefine coastal living by integrating lifestyle amenities, retail spaces, and public areas that encourage outdoor activities and wellness. With its pristine beaches, waterfront promenades, and scenic surroundings, Marjan Beach is set to become one of the UAE’s most sought-after residential and tourism destinations.
Wasl’s Expansion Beyond Dubai
For Wasl Group, this acquisition marks a significant strategic milestone. Known for shaping Dubai’s skyline through premium developments in residential, commercial, and hospitality sectors, Wasl is now extending its expertise to Ras Al Khaimah.
Wasl Group CEO Hesham Al Qassim expressed enthusiasm for this new venture, stating that the project represents confidence in Ras Al Khaimah’s long-term vision and reflects the company’s mission to deliver distinguished destinations across the UAE. He added that Marjan Beach provides the perfect opportunity for Wasl to bring its real estate and hospitality experience to a new market while continuing to enhance quality of life through innovative developments.
Luxury, Lifestyle, and Sustainability
The upcoming Wasl development at Marjan Beach will be designed as a symbol of luxury and sustainability. The project will combine refined architecture, world-class amenities, and eco-friendly design principles to create an exceptional beachfront lifestyle.
The five-star hotel will feature premium leisure offerings, high-end dining, and exclusive wellness facilities. The branded residences will be designed for comfort and sophistication, offering private beach access, sea-facing views, and contemporary interiors. This integration of hospitality and residential elements is expected to attract both global investors and residents seeking a refined lifestyle experience.
By expanding into Ras Al Khaimah, Wasl will contribute to the emirate’s economic diversification and tourism growth. The project is also expected to generate new job opportunities in construction, hospitality, and service sectors, further strengthening the local economy.
Alignment with RAK Vision 2030
The Wasl-Marjan collaboration aligns closely with RAK Vision 2030, which outlines Ras Al Khaimah’s strategy to achieve sustainable and diversified economic growth. The vision prioritizes integrated community development, environmental responsibility, and a balanced approach to tourism and real estate.
Projects like Marjan Beach are central to achieving this vision, as they promote innovation, inclusivity, and quality of life. Wasl’s investment in Ras Al Khaimah demonstrates the confidence major developers have in the emirate’s roadmap for the future. It also highlights the growing trend of collaboration between public and private sectors to create world-class urban and coastal destinations.
Boosting the Local Economy
Beyond its architectural significance, Wasl’s entry into Ras Al Khaimah will have a wide-reaching impact on the local economy. The project is expected to attract foreign investment, stimulate tourism, and support small and medium-sized enterprises in the region. It will also generate employment opportunities throughout the construction phase and during the operation of the hotel and residences.
The partnership between Wasl and Marjan creates a foundation for sustainable economic growth by focusing on long-term community development rather than short-term returns. It reinforces Ras Al Khaimah’s position as an attractive investment destination and showcases how collaboration can lead to shared prosperity.
A New Icon of Coastal Living
When completed, the Wasl project is expected to become one of Ras Al Khaimah’s most iconic coastal landmarks. With its luxury hotel, branded residences, and waterfront setting, it will set new standards for architectural design and hospitality excellence in the region.
The project’s strategic location within the Marjan Beach master plan ensures residents and visitors will enjoy seamless access to leisure, retail, and cultural attractions, making it a dynamic destination for both living and recreation. The development’s focus on sustainability, innovation, and community integration will make it a model for future coastal developments across the UAE.
Looking Ahead
As construction begins in 2026, the collaboration between Wasl Group and Marjan signals a bright future for Ras Al Khaimah’s real estate sector. The emirate continues to attract high-profile investors and developers, driven by its strategic location, quality infrastructure, and forward-thinking leadership.
Wasl’s expansion into Ras Al Khaimah represents a thoughtful step in its growth journey and reinforces the company’s reputation for excellence. The project at Marjan Beach will not only enhance the emirate’s skyline but also contribute to its transformation into a global lifestyle and investment hub.
The acquisition of this prime beachfront property stands as a testament to the UAE’s continued progress in shaping sustainable, luxurious, and community-focused destinations. With Wasl’s entry into Ras Al Khaimah, the stage is set for a new era of coastal development defined by innovation, elegance, and opportunity.
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