Marjan, RAK Hospitality Holding announce landmark merger

A major strategic merger is set to reshape the future of development and tourism in Ras Al Khaimah.

Marjan, the master developer of freehold properties, has joined forces with RAK Hospitality Holding (RAKHH) to form a unified entity under the Marjan name.

This landmark move combines world-class hospitality expertise with visionary land development, aligning with RAK Vision 2030.

The newly merged Marjan will oversee real estate, hospitality and lifestyle experiences, driving Ras Al Khaimah’s transformation into a global lifestyle and investment hub.

"The merger will create high-value jobs for Emiratis, develop national capabilities and reinforce our position as a beacon of opportunity and innovation," said Sheikh Ahmed bin Saud bin Saqr Al Qasimi, Chairman of Marjan.

"Leveraging data, design and technology, Marjan will launch mixed-use developments. These will be seamlessly integrated with essential lifestyle infrastructure and amenities, including healthcare, education and livability. These meticulously planned developments, including Al Marjan Island, RAK Central, Marjan Beach and the upcoming Jebel Jais masterplan, are designed to elevate the quality of life for residents, enrich travel and leisure experiences for visitors, and attract diverse investment opportunities," he added.

Following the successful launch of Marjan Beach, the UAE’s most comprehensive mixed-use beach town destination, the emirate is now advancing infrastructure works on the 85-million-square-foot masterplan.

Designed around eight distinct neighbourhoods, Marjan Beach will feature 22,000 residential units and 12,000 luxury hotel keys, a population of 74,000 residents, a workforce of 32,000, and welcoming up to 180,000 visitors annually.

Stretching across 3 km of pristine beachfront and with 6.5 million sq. ft of open green spaces, Marjan Beach will offer an authentic coastal lifestyle that promotes connectivity and walkability.

Committed to supporting RAK Vision 2030’s goal to welcome 3.5 million visitors annually to the destination, with international visitors representing 60 per cent of total arrivals, Marjan will expand the emirate’s accommodation capacity, bringing major international brands.

Expanding the development to mountains, Marjan will develop 100 km of hiking and biking trails over the next five years, redefining active tourism in the region and showcasing Ras Al Khaimah’s natural landscapes.

Marjan is also planning to welcome more than 20,000 festival fans to the emirate through world-class cultural and entertainment events.