Marjan Beach Begins First Phase on Marjan Island with Approximately 85 Million Square Feet Planned

Marjan Beach has entered its first phase on Marjan Island in Ras Al Khaimah, bringing an approximately 85 million-square-foot mixed-use waterfront masterplan into active development near the developing Wynn Al Marjan Island resort. The scheme is planned to combine residential, commercial, hospitality, cultural and lifestyle uses, adding substantial capacity to the emirate’s emerging resort and investment district.

Executive Summary

The first phase of Marjan Beach is underway, with earthworks expected to be completed within approximately two months from 15 September 2026. The wider programme is expected to run for approximately 10 years, giving Ras Al Khaimah a long-duration waterfront development pipeline alongside Wynn Al Marjan Island.

The project extends Marjan Island’s development proposition beyond a single resort asset. Its mix of uses and participation by multiple developers create the basis for a broader destination environment, although the long delivery programme means the development will take shape in stages rather than through one near-term completion event.

Confirmed Development Facts

• Marjan Beach is a mixed-use waterfront masterplan being developed on Marjan Island in Ras Al Khaimah.
• The masterplan covers approximately 85 million square feet.
• Planned components include residential, commercial, hospitality, cultural and lifestyle uses.
• Work on the first phase is underway, with earthworks expected to be completed within approximately two months from 15 September 2026.
• The full development is expected to be delivered through a programme lasting approximately 10 years.
• Wasl, Omniyat and Beyond have secured plots or sites within the development.
• Marjan Island also hosts the developing Wynn Al Marjan Island resort.

Market Significance

From a market-structure perspective, Marjan Beach expands the scale and diversity of Ras Al Khaimah’s waterfront pipeline. A masterplan combining homes, hospitality, commercial space and lifestyle uses can support a more layered destination model than a standalone resort, with different property and operating formats addressing distinct parts of the visitor, resident and investor ecosystem.

The presence of Wasl, Omniyat and Beyond also points to a multi-developer delivery framework within the masterplan. AlSafaqa’s assessment is that this broadens the potential range of design, positioning and investment products on Marjan Island, while the approximately 10-year programme underscores the importance of sequencing and execution alongside headline scale.

Investor Perspective

For investors assessing GCC real estate exposure, Marjan Beach is best viewed as a long-horizon destination build-out rather than a single project launch. The combination of a large land area, multiple use classes and proximity to Wynn Al Marjan Island creates a clearly defined cluster narrative, but individual opportunities are likely to depend on phase, delivery timing, location within the masterplan and the operating strength of each participating developer.

The immediate signal is the move from masterplan positioning into first-phase earthworks. That may improve visibility around the development pipeline, while the extended delivery schedule means investors should distinguish between early infrastructure progress and the later availability of completed residential, hospitality or commercial assets. The mix suggests potential for both lifestyle-led demand and investment-led interest, without establishing the motives of any specific buyers or tenants.