Marjan and RAK Hospitality Merge to Create One of the UAE’s Largest Real-Estate Entities

Ras Al Khaimah’s strategic transformation in property, tourism and lifestyle sectors has just taken a major step forward, as master developer Marjan and government-owned RAK Hospitality Holding (RAKHH) have announced a landmark merger to form a unified real-estate powerhouse operating under the Marjan brand.

Driving Growth, Investment, and Jobs

The newly consolidated entity aims to accelerate Ras Al Khaimah’s ambitions to become a global lifestyle and investment destination. Under the emirate’s vision (RAK Vision 2030), the goals include reaching 3.5 million annual visitors, delivering nearly 20,000 hotel keys, and creating high value employment opportunities for Emiratis. By combining Marjan’s land-development expertise and RAKHH’s hospitality and investment capabilities, the merger integrates real-estate, hospitality operations and lifestyle-destination planning under one platform.

What the Merger Means for Real-Estate Markets

• The new entity will lead major master-planning and development initiatives including iconic destinations such as Al Marjan Island, “Marjan Beach”, and forthcoming plans around Jebel Jais.
• For investors and residents, this signals stronger infrastructure, clearer destination positioning, and more integrated real-estate and hospitality offerings—boosting confidence in Ras Al Khaimah as an alternative market to the more saturated UAE hubs.
• The merger also helps streamline delivery, reduce duplication, and create larger-scale projects that can compete regionally with major developers in Dubai and Abu Dhabi.

Strategic and Market Implications

From a strategic viewpoint, this consolidation marks a shift in Ras Al Khaimah’s market narrative—from “underdog emirate” to contender in upscale living, tourism and investment. By combining land-assets and hospitality skill-sets, the merged entity is better positioned to execute ambitious master-plans, drive foreign investment, and deliver lifestyle-led communities.

For the real-estate market:

• Investors may benefit from projects backed by stronger institutional capacity and clearer long-term planning.
• Property buyers can expect more integrated destinations (residential + hospitality + leisure) in less congested locations compared to traditional UAE coastal hotspots.
• Developers and service providers will likely see larger scale, more sophisticated developments with robust backing, which helps mitigate project-delivery risk.

In Summary

The merger of Marjan and RAK Hospitality Holding to form a unified entity under the Marjan brand is a strategic milestone for Ras Al Khaimah’s real-estate and tourism ecosystem. By aligning land development, hospitality operations and lifestyle infrastructure in one platform, the emirate is positioning itself for accelerated growth, enhanced investment appeal and a stronger role in the UAE’s wider real-estate landscape.

“This merger builds upon solid foundations for a new chapter of advancement and success,” said Sheikh Ahmed bin Saud bin Saqr Al Qasimi, Chairman of Marjan.