BNW Developments Forges North: RAK Central Emerges as the Next Frontier in Real Estate
Ras Al Khaimah, UAE — Ras Al Khaimah is setting a new standard in urban living with the official launch of RAK Central, a landmark destination set to redefine the way people live, work, and play in the emirate. With a diversified project portfolio that boasts branded residences such as FashionTV Acacia, TAJ Wellington Mews and Ramada Residences by Wyndham along with beachfront sanctuaries like Aquino, Aqua Arc, Pelagia, and Aqua Maya, BNW showcases its strong presence in the emirate. Its commitment is driven by a shared vision to grow alongside Ras Al Khaimah as the emirate transforms to become the UAE’s next major financial and lifestyle hub.
A progressive development spanning across 3.1 million square feet, RAK Central is a mixed-use commercial destination, reflecting the ambitious goals of RAK Vision 2030 and Ras Al Khaimah’s strategic focus on economic diversification.
Abdulla Al Abdouli, Chief Executive Officer, Marjan, said; “As our vision for RAK Central takes shape, we are happy to announce that the hub of this vibrant ecosystem, RAK Central HQ, will be operational within two years. This will pave the way for a phased integration of premium residential and world-class hospitality offerings, culminating in a holistic destination. While our commercial spaces, representing 15% of the masterplan, will serve as the initial catalyst, attracting top-tier talent and enterprise, 85% of the premium space is dedicated to residences and hospitality brands, underscoring our commitment to creating a thriving, self-sustaining community.”
BNW Developments is the single largest private developer in Ras Al Khaimah, bearing witness to a transformative chapter in the emirate’s ambitious growth journey. As the emirate continues to position itself as a dynamic hub for innovation, sustainability, and quality of life, RAK Central stands as a testament to its forward-thinking urban vision.
Ankur Aggarwal, Founder and Chairman, BNW Developments remarked, “RAK Central embodies the kind of future-focused, high-impact investment we believe in at BNW. It’s more than a destination, it’s a movement toward a smarter, more connected urban experience. As early partners and investors, we see this as a defining moment to grow alongside Ras Al Khaimah’s transformation. With its meticulous infrastructure, strong international investor appeal, and bold long-term vision, RAK Central is poised to become the powerhouse of commerce, community, and capital in the northern emirates. For us, this is more than a strategic real estate play, it’s a commitment to building lasting value in one of the UAE’s most promising growth corridors.”
Vivek Anand Oberoi, Co-Founder and Managing Director, BNW Developments, stated, “Building on our established presence in Al Marjan Island and soon expanding into the Beach District, we see RAK Central as a natural extension of our mission to shape places that inspire, connect, and endure. This development captures the spirit of a new Ras Al Khaimah, one that blends business ambition with coastal living, and modern design with human connection. At BNW, we’re proud to be aligned with this vision and to contribute meaningfully to the region’s evolving urban story.”
With seamless global flight connectivity, a new international airport terminal underway and projected passenger traffic exceeding 3 million, Ras Al Khaimah’s accessibility is only increasing. As the emirate rises, BNW remains committed to delivering projects that elevate its urban landscape, creating lasting value for both investors and residents. RAK Central represents this momentum as a future-focused development where capital is already flowing, and interest from global stakeholders continues to grow.
In Ras Al Khaimah, BNW has firmly established its footprint on Al Marjan Island and is now reinforcing its presence with RAK Central. With momentum building, the company is poised to further extend its influence, with upcoming projects already planned for the RAK Beach District, a rising hub for ultra-luxury beachfront living.
About BNW Developments:
BNW Developments is a premier real estate developer in the UAE with a bold AED 22 billion+ portfolio led by Chairman & Founder, Ankur Aggarwal and Co-Founder and Managing Director, Vivek Anand Oberoi.
Our elite team of 400+ professionals blends design intelligence and investor‑first strategy to deliver ultra‑luxury developments that fuse legacy with returns. We serve HNIs, global investors, and leading financial institutions.
Driven by intent, trust and transformative scale, BNW is shaping the future of real estate, setting new benchmarks in quality, sustainability and sophistication.
For more information, visit www.bnw.ae
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