Marjan Beach: 22,000 Homes on 3 km of Coast
Updated 13 August 2026 · By the Cresco local market team
Marjan launched Marjan Beach on 2 October 2025. 85 million square feet, 22,000 homes, 12,000 hotel keys, eight neighbourhoods and 3 km of beachfront, on the shoreline near Al Hamra Village with a direct view of Al Marjan Island. Construction starts in 2026 and phased openings run from 2029. This is the single most important supply fact in the northern emirates and almost nobody is telling buyers about it.
The masterplan
| Measure | Figure |
|---|---|
| Total size | 85 million sq ft |
| Residential units | 22,000 |
| Hotel keys | 12,000 |
| Neighbourhoods | 8 |
| Beachfront | 3 km |
| Green and open space | 6.5 million sq ft |
| Projected residents | 74,000 |
| Workforce | 32,000 |
| Land use | 62% residential, 21% hospitality, 4% retail |
| Construction starts | 2026 |
| Phased openings | From 2029 |
Who has bought plots
| Developer | What was announced | Date |
|---|---|---|
| Wasl Group | Beachfront plot for a five star hotel plus branded residences. First Ras Al Khaimah entry. Plot size and value not disclosed. | 30 Oct 2025 |
| OMNIYAT | 36,600 sqm plot with over 250 m of beachfront, opposite Wynn Al Marjan Island. Ultra luxury residential, completion 2030. First RAK entry. | 12 Nov 2025 |
| BEYOND Developments | EVERMORE, over 7 million sq ft GFA, GDV over AED 25 billion, 3.5 km of accessible beachfront. Marjan calls it the second largest masterplan in its portfolio. | 17 Feb 2026 |
| Major Developments | Luxury residential landmark with Bayaty Architects. Size, GDV and price not disclosed. | 23 Dec 2025 |
No prices have been published for any Marjan Beach project. Nothing is complete, there is no resale market, and no research house publishes a price per square foot for Marjan Beach. Anyone quoting you one is inventing it.
Why this matters more than the casino
Set that against demand. The entire emirate transacted around 6,600 units in 2025, down 17.4% on the year, and only about 1,000 of those were ready property. Separately, Ras Al Khaimah already has 25,600 units due by 2030 from the existing pipeline, 97% of them apartments, peaking at 9,100 in a single year in 2029.
If you are buying anywhere in Ras Al Khaimah for capital growth, Marjan Beach is the thing you need to have an opinion about. It is not a reason not to buy. It is a reason to buy the scarce product rather than the abundant one.
The corporate context
Marjan and RAK Hospitality Holding announced a merger on 22 October 2025, creating a combined real estate, hospitality and lifestyle group and the leading master developer in the northern emirates, chaired by HH Sheikh Ahmed bin Saud bin Saqr Al Qasimi with Abdulla Al Abdouli as group chief executive. The group targets around 20,000 hotel keys across Al Marjan Island, RAK Central, Marjan Beach and an upcoming Jebel Jais masterplan.
Marjan’s chief executive also stated in October 2025 that Al Marjan Island and RAK Central are sold out. That is the reason Marjan Beach exists. The island has no more land.
How we would play it
- Register, do not commit. No prices exist. First releases on masterplans at this scale are usually allocated rather than openly sold.
- If you already own in Al Hamra or on Al Marjan, understand what is coming. 22,000 homes changes the competitive set for anything you might want to sell after 2029.
- Buy scarcity, not volume. Villas are 3% of the emirate pipeline and Marjan Beach is 62% residential by land use, overwhelmingly apartments. Low density beachfront is the product that survives a supply wave.
- Watch OMNIYAT. A 250 m beachfront plot opposite Wynn from a developer of that profile is the clearest signal in the masterplan about where the top of the market will sit.
Marjan Beach questions, answered
What is Marjan Beach?
An 85 million square foot mixed use masterplan by Marjan, launched on 2 October 2025, on the Ras Al Khaimah shoreline near Al Hamra Village with a direct view of Al Marjan Island. It comprises 22,000 homes, 12,000 hotel keys, eight neighbourhoods and 3 km of beachfront, with construction from 2026 and phased openings from 2029.
How much does property at Marjan Beach cost?
No prices have been published for any project at Marjan Beach. Nothing is complete and there is no resale market or published price index. Treat any figure you are shown as an estimate.
Who is building at Marjan Beach?
Wasl Group, OMNIYAT, BEYOND Developments with its EVERMORE masterplan of over AED 25 billion, and Major Developments have all announced plot acquisitions. Marjan is the master developer.
When will Marjan Beach be finished?
Construction starts in 2026 with phased openings from 2029. No overall completion date has been published.
How does Marjan Beach affect existing Ras Al Khaimah communities?
It adds 22,000 homes adjacent to Al Hamra Village, which itself has around 4,000 homes, into an emirate that transacted roughly 6,600 units in total in 2025. That is a material addition to supply in the same buyer segment from 2029 onward.
Thinking about Ras Al Khaimah? Marjan Beach is the number that should shape your decision, and most brokers will not raise it because nothing there is on sale yet. Talk to us before you commit anywhere in the emirate.
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