RAK Central Square reaches topping-out with Q4 2027 opening date

Marjan and Ras Al Khaimah Economic Zone have announced the topping-out of RAK Central Square, confirming the Q4 2027 opening schedule remains on track. The construction milestone was disclosed as work advances across the development's five towers, with structural completion achieved and installation of façades alongside mechanical, electrical and plumbing systems now in progress. The development sits within RAK Central, a mixed-use district whose infrastructure reached completion in September 2025.

Plot sales and developer commitments#

All 26 development plots across RAK Central have sold out, with developers committed across the district including Pantheon Developments, Lapis Properties, BNW, Sugee Properties, Major Developments and DARA Properties. RAK Central Square is developed through a joint venture between Marjan and RAKEZ. The topping-out marks the district's transition from infrastructure delivery to building construction. Sheikh Saqr bin Omar Al Qasimi, Chief Executive Officer, Development at Marjan, said RAK Central Square brings the district's ambition to life as part of a development designed to bring workplaces, homes and amenities together.

Planned district capacity and components#

The RAK Central masterplan sets out approximately 3 million square feet of office space available for lease, alongside more than 7,000 apartments for residential use, hotel accommodation exceeding 1,000 keys, retail facilities, parks, public areas and a town square at the centre. A District Cooling Plant is planned to deliver centralised temperature control across more than 40 buildings spanning commercial, hospitality and mixed-use functions, with capacity set at 35,000 refrigeration tonnes. Ramy Jallad, Group CEO of RAKEZ, said access to Grade A offices, connectivity and supporting amenities helps companies grow their teams, attract talent and develop their regional presence.

Construction progress and safety record#

The project has recorded more than five million man-hours without a reportable health, safety and environment incident. Work has advanced across all five towers at RAK Central Square, with the structural phase complete. Installation of building façades and mechanical, electrical and plumbing systems is underway. The development is on track for its Q4 2027 opening date, with the wider district moving into the delivery of buildings and places.