Where is ORAYA Developer launching its first project?

ORAYA Developer is launching its inaugural residential project on Marjan Beach in Ras Al Khaimah, United Arab Emirates.

What is the focus of ORAYA Developer's projects?

ORAYA Developer focuses on creating lifestyle-led coastal residences, emphasising the overall living experience through meticulous design, natural materials, and smooth integration with the environment.

What is the current market trend for prime apartments on Marjan Beach?

Prime apartment prices on Marjan Beach reached their highest level in the current cycle through 2025, experiencing year-on-year price growth exceeding 30%.

What upcoming developments are expected to boost the Ras Al Khaimah property market?

A major integrated hospitality and entertainment destination, valued at USD 5.1 billion, is scheduled to open in 2027 on Marjan Island, which is expected to further boost tourism and residential capital values.

All news

Development·4 October 2026

ORAYA Developer Launches First UAE Project on Ras Al Khaimah's Marjan Beach

Newly established ORAYA Developer has announced its entry into the UAE real estate market with its inaugural residential project located on Marjan Beach in Ras Al Khaimah, focusing on lifestyle-led coastal living.

ORAYA Developer, a new real estate firm in the UAE, has launched its first residential project on Marjan Beach, Ras Al Khaimah, marking its official entry into the market. The company aims to redefine coastal living, emphasising experiences over mere occupancy.

ORAYA's development philosophy focuses on creating residences that evoke a sense of calm and belonging, smoothly integrating into daily life. This involves a meticulous design process that considers elements such as the structural language of the building, the selection of natural materials, and the interplay of light and landscape. The approach draws from global architectural traditions, reinterpreting them to create unique developments deeply connected to their specific locations.

Why Marjan Beach?

The choice of Marjan Beach for ORAYA's debut project reflects confidence in the area's growing appeal. Independent market analysis indicates that prime apartment prices on Marjan Beach reached their peak in the current cycle through 2025, with year-on-year price growth exceeding 30%. The region is also set to benefit from a significant boost in tourism and residential capital values with the upcoming launch of a USD 5.1 billion integrated hospitality and entertainment destination, scheduled to open in 2027.

Chirag Rathi, Co-Founder and Managing Director of ORAYA, highlighted Ras Al Khaimah's trajectory, likening it to Dubai a decade ago, citing substantial infrastructure investment, strong tourism momentum, and a world-class coastal environment.

Commitment to Quality

ORAYA's commitment to quality is evident in its material selection and craftsmanship. The developer partners with European craftspeople and artisans, prioritising high standards. Features such as sintered stone surfaces, Italian-designed cabinetry, hand-selected bathroom stone, and bespoke wall coverings are considered foundational rather than premium upgrades, chosen for their tactile qualities and contribution to the overall living experience.

The inaugural development will be a fully furnished residential address, delivered in partnership with a globally recognised hospitality brand. While specific details will follow, ORAYA has confirmed that additional projects across the UAE are already in advanced planning stages, indicating an ambition to build a portfolio of landmark coastal addresses.

Frequently asked

Questions, answered

Where is ORAYA Developer launching its first project?: ORAYA Developer is launching its inaugural residential project on Marjan Beach in Ras Al Khaimah, United Arab Emirates.
What is the focus of ORAYA Developer's projects?: ORAYA Developer focuses on creating lifestyle-led coastal residences, emphasising the overall living experience through meticulous design, natural materials, and smooth integration with the environment.
What is the current market trend for prime apartments on Marjan Beach?: Prime apartment prices on Marjan Beach reached their highest level in the current cycle through 2025, experiencing year-on-year price growth exceeding 30%.
What upcoming developments are expected to boost the Ras Al Khaimah property market?: A major integrated hospitality and entertainment destination, valued at USD 5.1 billion, is scheduled to open in 2027 on Marjan Island, which is expected to further boost tourism and residential capital values.
Will ORAYA Developer launch more projects in the UAE?: Yes, ORAYA Developer has confirmed that additional projects across the UAE are already in advanced planning stages, indicating an ambition to build a broader portfolio of coastal addresses.

Reported by

Google News — Ras Al Khaimah Development · Azizi Developments — News

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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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