Major Developers’ recent acquisition of prime land in RAK Central, Ras Al Khaimah’s emerging commercial and administrative hub, marks a pivotal step in the region’s real estate evolution. We at Sen & Ray are proud to have played a key role in shaping the underlying ownership and investment structure that enables this ambitious development.
Strategic Advisory: Unlocking Opportunity
From the outset, our team at Sen & Ray worked closely with Major Developers’ leadership to understand the nuances of RAK Central’s regulatory environment and growth outlook. Our multidisciplinary advisory provided detailed analysis of investment structures that maximized both flexibility and compliance—positioning Major Developers to fully leverage 100% foreign ownership, attractive tax policies, and future-ready infrastructure in Ras Al Khaimah.
- We guided the selection of optimal holding and operating entities for land acquisition and development.
- Our advisory mapped out long-term capital flows and governance frameworks to safeguard returns and ensure transparency.
- Through market benchmarking and scenario planning, we de-risked the entry strategy against regulatory changes.
Structuring Complex Ownership
RAK Central’s scale and ambition required an expertly crafted legal and financial structure. Sen & Ray designed layered ownership frameworks that aligned with group strategy and local requirements.
- Managed multi-jurisdictional documentation for land acquisition and SPV formation.
- Built in safeguards for profit repatriation, tax efficiency, and local compliance.
- Integrated cross-border structures to future-proof asset and exit strategies for Major Developers.
Stakeholder Liaison: Bridging Interests
A project of this magnitude brings together stakeholders from government, master developer Marjan, financial institutions, and investor groups. Sen & Ray was the trusted bridge throughout:
- Coordinated negotiations and regulatory interactions to smooth out bottlenecks.
- Ensured clear communication and consensus between Dubai headquarters, RAK authorities, and external partners.
- Advocated for Major Developers’ interests—securing timely permissions and facilitating contract execution.
A Strong Foundation for Growth
As Major Developers brings its hallmark vision of precision and performance to RAK Central, Sen & Ray’s strategic input ensures every aspect of ownership and governance is robust, future-ready, and investor-friendly. Our role in this landmark transaction reflects our ongoing commitment to empowering high-impact regional expansions and delivering results at the intersection of ambition and expertise.
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