Home › Ras Al Khaimah Developer Guide › Marjan Developer Guide
Information last checked 27 August 2026. Marjan's masterplan and hospitality role should be confirmed separately from the developer, seller and contracting entity of any individual project — Marjan is rarely the direct seller of a specific unit.
Marjan is the government-owned master developer responsible for destinations including Al Marjan Island, RAK Central and Marjan Beach. In October 2025, Marjan merged with RAK Hospitality Holding (RAKHH), combining master-development and hospitality interests under the Marjan name. The combined entity controls 60% of the Wynn Al Marjan Island joint venture, while Wynn Resorts holds 40% and operates the resort.
What Marjan actually is (and isn't)
Marjan plans and enables entire destinations — it's rarely the developer or seller of an individual building within them. Most of the residential towers and branded residences on Al Marjan Island are built by separate project developers (Major Developers, Al Hamra's Bab Al Bahr, RAK Properties, and others) on Marjan-masterplanned land. Where Marjan is a direct principal is in its own hospitality joint ventures — most notably with Wynn Resorts.
Marjan's masterplan portfolio
- Al Marjan Island — the four-islet archipelago and RAK's most active off-plan destination; home to the Wynn Al Marjan Island resort and dozens of branded residence projects by third-party developers.
- RAK Central — an emerging mixed-use business district; Marjan's stated plan includes roughly 3 million sq ft of office space, 4,000+ residential apartments, and four hotels with 1,000+ combined keys.
- Marjan Beach — a newer, roughly 85 million sq ft masterplan with a stated capacity for around 22,000 residential units, 12,000 luxury hotel keys, 6.5 million sq ft of open green space, and up to 74,000 residents, plus plans for 100km of hiking and biking trails over five years.
Marjan's hospitality joint ventures
Marjan's most direct financial exposure to individual projects comes through its hospitality joint ventures, not through selling residential units:
- Wynn Al Marjan Island — an integrated resort expected to include the UAE's first licensed commercial gaming facility. Wynn described it as a $5.1bn development in January 2026 and continued to state a September 2027 opening in its Q2 2026 filing. Wynn holds 40% and operates the resort; Marjan controls the other 60%. Wynn disclosed a short construction pause in March 2026 and said work had resumed.
- Janu Al Marjan Island — Marjan and Wynn Resorts' second joint venture on the island, breaking ground in mid-2026 and scheduled to open in 2029 (shifted from an initial late-2028 target announced in November 2025). It will bring Aman Group's Janu brand to the UAE for the first time — a 132-room hotel plus branded residences, designed by SCDA Architects, located directly adjacent to the Wynn resort.
How buyers can use this guide
- Use the Al Marjan Island or RAK Central community guide for destination-level context.
- Identify the separate developer and seller behind the exact project — check whether it is a third-party developer building on Marjan's masterplan or a Marjan-led hospitality joint venture.
- Treat masterplan evidence (like Marjan Beach's stated 22,000-unit capacity) and individual project evidence as related but different layers — a masterplan capacity figure is a long-term target, not current inventory.
What to verify for an individual project
- The legal developer, seller and contracting entity — don't assume "on Marjan land" means "sold by Marjan."
- The current project status, plot, unit specification and permitted use.
- The contractual price, payment schedule, completion or handover terms and total ownership costs.
- Any brand, hotel operator, rental-management or service relationship — particularly relevant for Marjan's own JV projects (Wynn, Janu), which carry operator-specific terms.
- For any project timeline tied to Wynn Al Marjan Island's opening, confirm the latest status directly; Wynn reported a short pause in March 2026 and later retained September 2027 as its expected opening.
Frequently asked questions
Did Marjan's ownership actually change recently?
Yes. In October 2025, Marjan merged with RAK Hospitality Holding, the government's hospitality investment arm. The combined entity operates under the Marjan name and controls the two predecessor entities' combined 60% interest in the Wynn Al Marjan Island joint venture.
Is Marjan the seller of most Al Marjan Island units?
No. Marjan is the master developer — it plans and enables the island, but most individual buildings are sold by separate project developers building on Marjan's land. Marjan is a direct principal mainly in its own hospitality joint ventures, like Wynn Al Marjan Island and Janu Al Marjan Island.
What's Marjan Beach, and is it the same as Al Marjan Island?
No — Marjan Beach is a separate, newer masterplan (roughly 85 million sq ft) distinct from the existing Al Marjan Island archipelago. It's an emerging destination with far less currently built than Al Marjan Island; treat any figures about it as stated masterplan targets, not current availability.
Sources and verification
- Marjan — official website (checked 27 August 2026)
- Marjan — Al Marjan Island masterplan (checked 27 August 2026)
- Marjan — RAK Central masterplan (checked 27 August 2026)
- Marjan — merger with RAK Hospitality Holding, 22 October 2025 (checked 27 August 2026)
- Marjan — Janu Al Marjan Island groundbreaking and 2029 opening target, 28 July 2026 (checked 27 August 2026)
- Wynn Resorts — Q2 2026 Form 10-Q (checked 27 August 2026)
- Wynn Resorts — March 2026 construction update (checked 27 August 2026)
These sources support Marjan's ownership structure, masterplan portfolio and joint-venture stakes as reported at the dates above. They do not verify current availability, pricing or construction progress for any individual third-party project — confirm those directly with the relevant developer or with Bridgewater before making a decision.
Request help reviewing a Marjan-related project · Message Bridgewater on WhatsApp
Sources and material facts are reviewed when this page is updated. If you identify an error or a source has changed, please contact us so it can be checked and corrected.