Wynn Oasis, a purpose-built residential community adjacent to Marjan Island and Wynn Boulevard, has been revealed. It will span 105,267 sq m and is scheduled to welcome more than 7,000 staff across 15 vertical residential communities upon opening in Summer 2026.
THi Holding Management Corporation (THi) marked a major milestone with the groundbreaking of the THi Ras Al Khaimah Smart Manufacturing Industrial Park, officially commencing construction of its first industrial park project in the Middle East.
Source of Fate (SoF), a high-end luxury real estate developer, has started work on its AED2.6 billion ($707 million) luxury waterfront project - Miraggio - located on Al Marjan Island in Ras Al Khaimah, featuring 810 residential units with a mix of studios and one- to three-bedroom apartments as well as premium amenities.
Elevate, the visionary lifestyle real estate brand, has announced a landmark transaction at the Mondrian Al Marjan Island Beach Residences with the development’s "crown jewel", an ultra-exclusive Sky Mansion selling for AED38 million ($10.35 million).
Mira Developments has collaborated with Gianfranco Ferré Home to unveil a new collection of luxury waterfront apartments at Al Marjan Island in Ras Al Khaimah. The Gianfranco Ferré Residences will boast a mix of studios, one- and two-bedroom units alongside a limited number of duplex residences.
Ras Al Khaimah Tourism Development Authority (RAKTDA) announces another year of record-breaking results for the Emirate, welcoming 1.35 million overnight visitors in 2025 – a 6% year-on-year increase – alongside a 12% growth in tourism revenues.
Ras Al Khaimah’s tourism sector is the emirate’s fastest growing, driven by diversified services, competitive markets, and leisure projects leveraging mountains, beaches, and deserts. These features enable distinctive experiences and create strong opportunities for startups, supported by world-class hospitality infrastructure.
Radisson Hotel Group, in partnership with BNW Developments, has announced the signing of its landmark mixed-use hospitality project in Ras Al Khaimah - Radisson Blu Hotel, RAK Central and Radisson Blu Residences, RAK Central - set to open in 2029.
SKH Family Office, registered with the Dubai International Financial Centre (DIFC), said it has completed the acquisition of The Cove Rotana Resort in Ras Al Khaimah from Orascom Development Holding, following the fulfilment of all contractual, financial, and regulatory requirements.
UAE-based Ardee Developments has broken ground on its AED2 billion ($544 million) Fairmont Residences & Hotel on Al Marjan Island in Ras Al Khaimah. Set for completion in 2028, the project boasts 519 branded residences in addition to four signature sea villas and an integrated 250-key hotel.
