BNW Developments Unveils RAK Central: Ras Al Khaimah’s Next Growth Frontier
Saturday, 4 October 2025
BNW Developments has officially launched RAK Central, a landmark mixed-use destination set to redefine urban living in Ras Al Khaimah. Spanning 3.1 million sq. ft., this forward-looking development combines premium residences, world-class hospitality, and vibrant commercial spaces, aligned with RAK Vision 2030 and the emirate’s strategy for economic diversification.
Key Highlights:
- Master Development: RAK Central spans 3.1 million sq. ft., integrating business, lifestyle, and leisure in one ecosystem.
- Branded Residences: Includes FashionTV Acacia, TAJ Wellington Mews, Ramada Residences by Wyndham, and beachfront retreats like Aquino, Aqua Arc, Pelagia, and Aqua Maya.
- Balanced Masterplan: 15% dedicated to commercial spaces, attracting top-tier talent and enterprise, while 85% focuses on residences and hospitality brands.
- RAK Central HQ: Operational within two years, acting as the hub for phased development.
- BNW Leadership: Founder Ankur Aggarwal highlights RAK Central as a future-focused investment; Co-founder Vivek Anand Oberoi emphasizes its blend of business ambition and coastal living.
- Economic Alignment: Supports RAK Vision 2030, tourism growth, and economic diversification.
- Strategic Location: Enhanced by Ras Al Khaimah’s new airport terminal and projected 3M+ passengers, boosting connectivity and investor appeal.
- Strong Presence: BNW already has landmark projects on Al Marjan Island and is expanding into RAK Beach District, strengthening its role as the emirate’s largest private developer.
- Vision: A thriving, self-sustaining community that reflects Ras Al Khaimah’s transformation into a premier hub for commerce, lifestyle, and investment.