Wasl Group has officially expanded beyond Dubai with the acquisition of a prime beachfront plot at Marjan Beach in Ras Al Khaimah. The move marks the company’s first major investment in the northern emirate and highlights growing confidence in Ras Al Khaimah’s rapidly developing real estate sector.
The newly acquired land will be home to a large-scale mixed-use development that integrates luxury hospitality, branded residences, and lifestyle amenities designed to elevate coastal living.
Construction is scheduled to begin in 2026, with the opening of the first phase expected in 2029.
Marjan Beach: A Vision for Next-Generation Coastal Living
Marjan Beach is planned as a modern coastal community featuring eight distinct neighbourhoods. Each will include luxury villas, premium residences, hotels, retail areas, and expansive landscaped zones that promote walkability and wellbeing.
Upon completion, the community is projected to house more than 70,000 residents and serve as one of Ras Al Khaimah’s most dynamic waterfront destinations.
Supporting Ras Al Khaimah’s Long-Term Development Goals
The project aligns with Ras Al Khaimah’s Vision 2030 development strategy, which focuses on economic diversification, sustainable urban planning, and attracting high-quality investment.
Wasl’s involvement accelerates the emirate’s transformation into a hub for premium waterfront living, offering an appealing alternative to more saturated UAE markets.
Strengthening Investor Confidence
Industry analysts view this acquisition as a pivotal moment for Ras Al Khaimah. With prominent developers entering the emirate, interest among investors and future residents continues to grow—especially for beachfront communities that offer long-term value, modern infrastructure, and tourism appeal.
