Ras Al Khaimah is poised to elevate its coastal appeal with the launch of a cutting-edge superyacht marina on Raha Island, a project announced during the International Real Estate Investment Summit. Developed in collaboration with the Monaco Yacht Club, the marina will cater to a variety of vessels, including large superyachts, and is expected to become a focal point for both residents and tourists seeking a premium waterfront lifestyle. The initiative is part of the broader Mina Al Arab development, which spans nearly four million square meters and integrates residential, leisure, and hospitality elements across two interconnected islands. Sameh Muhtadi, CEO of RAK Properties, revealed that the company is nearing completion of projects on neighboring Hayat Island, with Raha Island set to become the next priority. The marina will feature dedicated spaces for smaller boats and larger superyachts, further enhancing the emirate’s maritime infrastructure. This development aligns with a surge of luxury investments in Ras Al Khaimah, including projects by global brands such as Armani, Four Seasons, Anantara, and Nikki Beach. Muhtadi emphasized that the involvement of these international operators underscores confidence in the emirate’s investment climate and regulatory framework. RAK Properties has reported significant growth, with a 32% increase in revenue and an 80% rise in profitability as of September, driven largely by international investors. Environmental sustainability remains a cornerstone of the development, with projects designed to protect mangrove habitats and balance progress with ecological preservation.