Ras Al Khaimah shares the same vision as the United Arab Emirates. We are proud to carry on the legacy of our forefathers and see the nation progress through sustainable socio-economic development. This will benefit both our country as well as the Emirate of Ras Al Khaimah. We are made both proud and humble by the richness and diversity present in the UAE’s economy, one of the largest in the GCC. The nation’s economy has developed and grown over 200 times and now hosts 400 of all the world’s Fortune 500 companies. In the previous year the GDP of the UAE was 382.58 billion dollars, highlighting just how far a united vision can sustain a worthy ideal. The UAE is ranked 1st in the MENA region for doing business and is also ranked 21st globally according to the World Bank. It was also ranked as the 17th most competitive nation in the world out of 137 in a competitiveness report published by the World Economic Form.
At Marjan, everything we do is for the betterment of our people and inspired by the land itself. The shared vision of the UAE is the lifeblood which has sustained not just our project, but the work of countless other collaborators across the decades.
Marjan is the leading master developer for freehold land in the Emirate of Ras Al Khaimah, offering ample development and investment opportunities with 100% foreign ownership and tax benefits. Marjan is staying true to its belief of creating vibrant communities and supporting the growth of the Emirate by developing waterfront, urban and mountain master plans. We play a vital role in the implementation of the Ras Al Khaimah government’s long-term economic plan. Through the freehold development of hospitality, commercial, residential and mixed-use projects across the Emirate, Marjan positions the Emirate as the preferred destination for investors.
Along with our strategic partners, we seek to capitalize on our vast natural resources. Our development approach is a considered approach. One where we respect the land, so every development is in harmony with the environment. Our guarantee of quality means we deliver the best infrastructure and community amenities by providing first class development services to investors. As the leading Master Developer of Ras Al Khaimah, our goal is to create diversified real estate investment opportunities, while providing a welcoming environment for investors. An example of this vision would be our flagship development, Al Marjan Island, a man-made island which has successfully transitioned into a world-class luxury resort destination.
Every destination we plan is made to improve quality of life in as many ways as possible.
There is great potential to expand projects. Many eyes are focused on Al Marjan Island, not only from the UAE but from abroad, too. We noticed that there is demand from prestigious international hotel and hospitality brands in Al Marjan Island, and they are asking us to enhance the interaction with international stakeholders and investors in order to create partnerships with them. This way they can both benefit, whether it is as an international hotel brand or a foreign direct investor.
Mr. Abdullah Al Abdooli
Chief Executive Officer
We offer our investors a host of attractive benefits. When it comes to getting the full measure of your investment; we can offer you 100% foreign ownership, 100% repatriation of capital & profits, 100% availability of utilities. Tax benefits include 0% corporate tax, 0% personal tax and a low VAT of 5%.
Capital & Profits
AS A MASTER PLANNER OUR RESPONSIBILITIES INCLUDE:
To develop a phasing and implementation schedule and identify priorities for action within each freehold community developed in the Emirate of Ras Al Khaimah. Develop a framework for urban regeneration and attract private sector investment.
Define public, private and semi-private spaces along with public amenities. Determine the mix of urban use and the physical relationship with the environment. Engage with the local community and act as builder of consensus.
Here at Marjan, we are focused on promoting Ras Al Khaimah as the prime real estate investment hub in the United Arab Emirates. To do this, we focus on attracting regional and international investors, by bringing their attention to the benefits of our freehold developments as well as the tax incentives offered in Ras Al Khaimah and the UAE.
DEVELOPMENT SERVICES INCLUDE:
– Developing business plans and feasibility studies.
– Preparation of the design brief, budget and project program.
– Preparation of scope of services.
– Appointment of the design team.
– Coordination of key stakeholder and engagement from local authorities to statutory bodies.
– Coordination of the professional team during design development to planning submission and consent.
– Monitor fee accounts and payments, management of forecast construction costs including variations.
– Management of duties regarding Health and Safety regulations.
– Management of the construction and delivery phase.