Ras Al Khaimah’s coastline is poised for transformation as Major Developments announces a landmark Dh1.7 billion (approximately $463 million) project titled ‘Ice Beach’ within the emerging Marjan Beach masterplan. The agreement, formally signed between Marjan Group CEO Abdulla Al Abdouli and Major Developments CEO Andrei Charapenak, represents a significant advancement in the United Arab Emirates’ ambitious coastal development strategy.
The ‘Ice Beach’ project marks Major Developments’ third major undertaking in Ras Al Khaimah, positioned within an 85-million-square-foot coastal development zone that features 3 kilometers of pristine beachfront and 6.5 million square feet of landscaped open spaces. This luxury residential development is projected to attract over 180,000 annual visitors upon completion, capitalizing on Ras Al Khaimah’s growing status as an investment and tourism destination.
Strategic partnerships form the cornerstone of this development, with Bayaty Architects—led by globally recognized Dr. Muthana Bayaty—spearheading the architectural design. The firm brings its signature approach of sculptural architecture and experiential interiors to create what developers describe as an ‘intentionally unconventional’ design language that will redefine the regional coastal skyline.
Marjan Beach distinguishes itself through strategic connectivity advantages, positioned minutes from Al Marjan Island with forthcoming bridge infrastructure linking Wynn Al Marjan Island to the mainland. The development benefits from proximity to Al Hamra Village, Ras Al Khaimah Economic Zone, and the E11 highway, enhancing both tourism accessibility and long-term investment potential.
The project emerges against a backdrop of remarkable growth in Ras Al Khaimah’s real estate market, where non-resident investment has multiplied between 2020 and 2024. Tourism demand continues to outpace hospitality supply projections through 2030, creating favorable conditions for luxury developments. Major Developments’ previous projects, including Manta Bay on Al Marjan Island and Colibri Views in RAK Central, have established regional benchmarks for innovation and hospitality-focused amenities.
Andrei Charapenak emphasized the transformative vision behind the project: ‘This collaboration allows us to redefine what luxury tourism and living mean on a global stage. Our approach integrates next-generation amenities with sweeping sea views to create one of the most defining structures in the district.’
The ‘Ice Beach’ project represents the latest evolution in Ras Al Khaimah’s strategic transformation into a global lifestyle and investment hub, combining architectural innovation with strategic location advantages to create what developers anticipate will become a benchmark for waterfront living.