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RAK Central

About RAK Central

RAK Central is a mixed-use development that will be the largest commercial business district in the Northern Emirates. Master-planned by Marjan, the leading freehold developer in Ras Al Khaimah, this project is a dynamic “work-live-play” destination. Spanning 3.1 million sq. ft. on Sheikh Mohammed bin Salem Al Qasimi Street, RAK Central is part of RAK Vision 2030. It will create an urban hub with Grade-A offices, modern residential towers, a central town square, hotels and public spaces. This is going to change the economic and social landscape of Ras Al Khaimah.

The development is pedestrian-first with parks, green spaces and a central town square to encourage community interaction and a high quality of life. By attracting multinational companies and offering a lifestyle, RAK Central will be a major hub for business, tourism and investment in the region.

Latest Off Plan Projects in RAK Central

AED 797,000

Colibri Views

Studio, 1 & 2 Bedroom Apartments at RAK Central

Community Features

RAK Central Connectivity

Off Plan Projects in RAK Central

RAK Central offers a range of properties for investors, businesses and residents. The master plan includes dedicated plots for:

Residential Apartments: Over 4,000 residential units across 34 plots, with developers allowed to build up to 45 floors. One Central by Pantheon Development and Colibri Views are the first to launch, offering studios, 1 and 2 bedroom apartments with modern finishes and premium amenities.
Commercial Office Space: 3 million sq. ft. of rentable Grade-A office space with flexible open floor plans to attract big businesses and corporate headquarters. RAK Central HQ is already under construction and will be the main business anchor of the district.
Hotels: The masterplan includes 3-4 hotel plots which offer over 1,000 keys for business and leisure travelers.
Retail and Entertainment: You can get integrated retail and F&B outlets throughout the community with modern amenities.

Average Prices in RAK Central

The RAK Central market is competitive with great price points compared to other emirates. As an off-plan development, early investors can benefit from launch prices and flexible payment plans.

Studios: Studios in One Central and Colibri Views start from AED 660,000 to AED 725,000.
1-Bedroom Apartments: 1-Bedroom units start from AED 1.15 million to AED 1.25 million.
2-Bedroom Apartments: 2-Bedroom apartments range from AED 1.45 million to over AED 2 million, depending on the project, views (sea, casino or park) and features.

Rak Central Payment plans are very flexible and investor-friendly. Most of them include 55/45 or 60/40, and post-handover.

ROI in RAK Central

Ras Al Khaimah real estate is known for its high rental yields and strong capital appreciation, and RAK Central is poised to benefit from this trend.

Rental Yields: Investors can expect strong returns with residential properties in RAK giving rental yields between 7% to 9%. Commercial office spaces in RAK Central will yield around 5% to 6%.
Capital Appreciation: The development, along with the economic growth of the emirate and the “Wynn effect” from the nearby integrated resort on Al Marjan Island, will drive significant capital appreciation. Off-plan properties in key Ras Al Khaimah locations have seen price increases of up to 35% in the last 3 years.
Investor Friendly Environment: The investment appeal is further enhanced by Ras Al Khaimah’s tax-free policies (no income or capital gains tax), 100% foreign ownership rights in freehold zones and a streamlined property registration process.

Master Plan of RAK Central

The RAK Central master plan is carefully planned to produce a sustainable and integrated urban space.

Scale and Phasing: RAK Central will be built over a 3.1 million sq ft plot of land with an estimated GFA of 8.4 million Sq Ft. It will offer around 1.4 million Sq Ft of net sellable land area offered to qualified third-party investors based on specific development guidelines and criteria. The initial phase is concentrating on the building of RAK Central HQ and 1 million sq. ft. of commercial office space.
Design and Functionality: The plan is human-oriented, with a pedestrian friendly street environment, parks, water bodies, and a big town square. The design will enhance the interconnection of buildings and also has a magnificent view of the Al Hamra Golf Club and the Arabian Gulf.
Sustainability: The project is being designed in a LEED Gold Certification framework, with smart technology and sustainable practices to establish an efficient and environmentally friendly ecosystem.

Location

RAK Central is ideally located on Sheikh Mohammed bin Salem Al Qasimi Street, which is the centre of new Ras Al Khaimah. It is located in close proximity to existing and well-established communities such as Al Hamra Village and the leading tourist attraction of Al Marjan Island where a Wynn Al Marjan Island resort will be developed.

Connectivity

The property has great connectivity to the residents and commuters:

Accessibility: It is readily accessible via the E11 and the Sheikh Mohammed bin Zayed Road (E311). It gives a direct connection to Dubai (roughly 45-60 minutes), Sharjah and other emirates.
Airport: Ras Al Khaimah International Airport is only a 20-minute drive away,
Location to Major Hubs:
- RAKEZ Free Zone: 5 min
- Al Hamra Village & Al Marjan Island: 10 minutes
- Dubai International Airport: 45 minutes

Facilities in RAK Central

RAK Central residents and businesses will enjoy a wide array of international-standard facilities and amenities.

Residential Amenities: Projects such as One Central include infinity rooftop swimming pools, top-of-the-line fitness centres, personal movie theatres, zen gardens, BBQ facilities and secure car parking.
Community Facilities: The surrounding community will enjoy the presence of parks and recreation grounds, jogging and bicycle paths, restaurants, shopping center and cinema and clinics.
Business Facilities: The Grade-A offices will be provided with high-speed internet and smart infrastructure access and will be surrounded by cafes and business hotels.

Why Invest in RAK Central?

Strategic Location: RAK Central will be the next commercial and business hub of Ras Al Khaimah. Located near Sheikh Mohammed bin Salem Al Qasimi Street, it is designed to act as a magnet to multinational corporations for the RAK economy.
Integrated Mixed-Use Community: The residential, commercial and hospitality components have been integrated to form a truly self-sustaining ecosystem. This reduces commutes and maximizes convenience, creating a vibrant community.
Competitive Pricing and High ROI: RAK Central offers affordable access to UAE property market as compared to Dubai or Abu Dhabi. This affordability, coupled with predicted rental yields which are among the highest in the region, makes it a potent combination to yield high long-term returns.
Tourism and Economic Catalysts: The tourism potentialities created by the closeness of the Wynn Al Marjan Island resort are a strong economic catalyst. This world-renowned attraction is going to increase tourism in the region and cause an increase in the demand for rental properties and large capital appreciation in the area.
Investor-friendly regulations: Ras Al Khaimah is a business-friendly region with a secure environment for investing. Tax-free climate, complete foreign ownership in freehold areas and a transparent government backing allow easy entry and confidence among the investors.
Excellent Connectivity: The development is strategically located with major highways and the Ras Al Khaimah International Airport. This provides unmatched logistical benefits to businesses and an effortlessly connected lifestyle to residents.