Ras Al Khaimah branded residences: Nobu, Moonstone by Missoni and the Ritz-Carlton villas, checked in 2026
Three branded RAK launches of 2023–24: Nobu Hotel & Residences on Al Marjan (nearly 300 homes, handover now Q1 2028 rather than 2026), Moonstone with Missoni interiors (from about AED 1.29m, due Q4 2026) and Ritz-Carlton villas in Al Wadi (from about AED 16m, sold out, due Q1 2027).
Once construction of the Wynn integrated resort got under way on Al Marjan, Ras Al Khaimah attracted more branded residential launches in a few months than in the previous decade. Here are three that represent three different brand models, and where each stands in September 2026.
Nobu Hotel & Residences, Al Marjan Island
Launched in late 2023: a Nobu hotel, restaurant and beach club with nearly 300 residences — apartments, penthouses and a few villas — close to the Wynn site. At launch the developer was Enevoria Development, part of the Russian Vos'hod group, and completion was talked about for 2026. Property portals now show handover in Q1 2028, two-bedroom apartments from AED 4m, and H&H Development as the developer of record. Before buying, confirm who the seller is under the sale agreement, whose name the escrow account is in, and how the project is registered with the RAK land authority. A change in the development team is not a bad sign in itself, but the paperwork must match it.
Moonstone, interiors by Missoni
Moonstone Residences by Durar Group and partners launched in December 2023 with studios to five-bedroom units and duplexes in an M-shaped building where every home faces the sea. Entry was around AED 1.29m. Portals still show handover in Q4 2026, and the developer has stock left. This is the licensing model: the brand designs the interiors but does not run the building, so the premium is paid once, on purchase, and resale uplift tends to be smaller than for hotel-operated schemes.
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The Ritz-Carlton Residences, Al Wadi
RAK Hospitality Holding released a small series of three- to five-bedroom villas attached to the Ritz-Carlton desert resort in January 2024, from roughly AED 16m. The project is sold out, handover is expected in Q1 2027, and resale stock is minimal.
| Nobu Al Marjan | Moonstone | Ritz-Carlton Residences | |
|---|---|---|---|
| Launch | Dec 2023 | Dec 2023 | Jan 2024 |
| Brand model | hotel + residences | interior design licence | villas at a resort |
| Entry | from AED 4m (2-bed, now) | ≈ AED 1.29m at launch | ≈ AED 16m at launch |
| Handover | Q1 2028 (was 2026) | Q4 2026 | Q1 2027 |
What it adds up to
Branded homes in Ras Al Khaimah are a bet on one scenario: Wynn opening on time and lifting visitor numbers — see our note on the UAE gaming industry. If it plays out, hotel-operated residences find tenants first; if it slips, schemes that depend on short-let income suffer first. Judge the model, not the logo: who operates the building, how rental income is pooled, what the service charge is. For the wider context, see what the branded premium actually buys.
Projects, prices and completed homes: Al Marjan Island.
Video on this topic
The same subject on the English channel — each clip has a written version of its own.
15:43Nobu in Ras Al Khaimah and Abu Dhabi: why the RAK one is the more interesting asset10 December 2023
13:37Al Marjan Island plots: what the branded launches in Ras Al Khaimah are actually built on10 December 2023
19:45Oceano on Al Marjan Island: the Luxe Developers project and the island being built around it14 August 2026
In the news
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Sharjah and Ras Al Khaimah property market 2023–2025: transactions, prices and what changed
Sharjah: about AED 27bn of transactions in 2023, AED 40bn in 2024 and a record AED 65.6bn in 2025. Ras Al Khaimah: AED 6.9bn in 2023 and over AED 15bn in 2024, then 2025 sales down 25% while apartment prices rose 13.4%. Year-by-year tables and the September 2026 status.





