In a strategic move that underscores precision, pedigree, and performance, BNW Developments has officially appointed MAN Construction, a subsidiary of the Masah Group, as the principal construction partner for Aqua Arc. This ultra-luxury waterfront project, located on the pristine coast of Al Marjan Island in Ras Al Khaimah, is poised to redefine opulent living in the region. The partnership, formalised on July 2, 2025, marks the beginning of a long-term collaboration between two industry leaders, with more landmark projects already in the pipeline.
About BNW Developments
BNW Developments is the fastest-growing private developer in the Middle East, boasting an impressive portfolio valued at over AED 22 billion. Known for its bold vision and innovative approach, the company is behind some of the region’s most ambitious real estate projects. Aqua Arc is one of five major developments planned by BNW on Al Marjan Island, with completion expected in the third quarter of 2027. The company is also preparing to expand into Saudi Arabia in 2026, further solidifying its position as a leader in the real estate sector.
About MAN Construction and Masah Group
MAN Construction, a subsidiary of the Masah Group, is a Class A contracting giant renowned across the Gulf Cooperation Council (GCC) for its turnkey capabilities. The company has a stellar track record, having delivered award-winning projects in the healthcare, hospitality, residential, and aviation sectors. Notable projects include the Red Sea Global Terminal at the Red Sea International Airport, Ajdan Rise, Sulaiman Al Habib Hospitals, and Almoosa Specialist Hospitals. Masah’s Chairman, Mohammed Abdul Nayeem, was recently named among the top 25 in Construction Week Middle East’s Power 150 list, highlighting the company’s leadership and innovation in the construction industry.
The Aqua Arc Project
Aqua Arc is an architectural masterpiece designed to offer ultra-luxury living on Al Marjan Island, Ras Al Khaimah. Nestled along the coastline, the project features stunning one-, two-, and three-bedroom apartments and penthouses, combining elegant design with functionality and sea-facing serenity. Key features include:
- Breathtaking Views: Uninterrupted views of the ocean and surrounding scenery.
- Prime Location: Easy access to major roads and localities, ensuring convenience.
- World-Class Amenities: Beachfront dining, water sports, and outdoor activities for residents.
- Serenity: A peaceful setting away from the hustle and bustle of city life.
Aqua Arc is expected to set a new benchmark for luxury developments in the region, contributing to Ras Al Khaimah’s growing reputation as a tourism and investment hub, especially with the upcoming opening of Wynn Resorts’ multi-billion-dollar integrated resort in 2027.
The Partnership
The collaboration between BNW Developments and MAN Construction brings together two industry titans with a shared commitment to excellence. The signing ceremony, held on July 2, 2025, was attended by distinguished leaders from both organisations, underscoring the strategic importance of the alliance. Representing Masah were:
- Mr. Mohammed Nayeem, Chairman of Masah Holdings & MAN Constructions, Dubai
- Mr. Althaf Kazi, CEO & Managing Partner of MAN Specialized Contracting, UAE
- Mr. Mirza Naseem Beg, CEO & Managing Partner of Alpha Metals, Saudi Arabia & UAE
- Mr. Mohammed Misbah, Advisor to the Chairman
BNW Developments was represented by:
- Mr. Ankur Aggarwal, Chairman & Founder
- Mr. Vivek Anand Oberoi, Managing Director & Co-founder
This partnership leverages BNW’s visionary design and MAN’s executional brilliance, ensuring that Aqua Arc will meet global standards while reflecting the region’s unique character.
Leadership Perspectives
Leaders from both companies expressed enthusiasm for the collaboration and its potential to transform the real estate landscape. Mohammed Abdul Nayeem, Chairman of Masah Holdings and MAN Construction, stated, “Partnering with BNW Developments for Aqua Arc is a proud milestone for Masah. We see this as a symbol of a shared vision to create landmark communities that reflect global standards and regional character. Aqua Arc, with its distinct architecture and scale, is exactly the kind of challenge Masah was built for.”
Ankur Aggarwal, Chairman & Founder of BNW Developments, emphasized the importance of execution in realising their vision, saying, “At BNW, we’ve always believed that design vision means little without executional brilliance. With Masah, we’re not just partnering with a contractor; we’re aligning with a team that shares our commitment to excellence and innovation.”
Vivek Anand Oberoi, Managing Director & Co-founder of BNW Developments, added, “Masah isn’t just a contractor; they’re craftsmen of scale. Their ability to deliver on ambitious projects with precision and passion is exactly what Aqua Arc demands.”
Future Plans
This partnership marks the beginning of a long-term collaboration between BNW Developments and MAN Construction, with additional landmark projects already in the pipeline. BNW Developments is also set to expand its footprint into Saudi Arabia in 2026, further strengthening its position as a regional leader in real estate development. Aqua Arc, as the first of five planned projects on Al Marjan Island, is expected to reshape the island’s real estate landscape and drive economic growth in Ras Al Khaimah.
Impact on Ras Al Khaimah
Aqua Arc is more than just a residential project; it is a symbol of Ras Al Khaimah’s growing prominence as a destination for luxury living and investment. With its strategic location on Al Marjan Island and proximity to the upcoming Wynn Resorts, the project is well-positioned to capitalize on the anticipated surge in tourism and hospitality. The collaboration between BNW Developments and MAN Construction ensures that Aqua Arc will deliver on its promise of architectural opulence and real estate excellence.
Key Details of the Partnership
| Aspect | Details |
| Project | Aqua Arc, ultra-luxury waterfront development on Al Marjan Island |
| Location | Ras Al Khaimah, UAE |
| Developer | BNW Developments (AED 22+ billion portfolio) |
| Contractor | MAN Construction (subsidiary of Masah Group, Tier-1 contractor) |
| Completion Date | Third quarter of 2027 |
| Key Attendees (Masah) | Mohammed Nayeem, Althaf Kazi, Mirza Naseem Beg, Mohammed Misbah |
| Key Attendees (BNW) | Ankur Aggarwal, Vivek Anand Oberoi |
| Future Plans | Long-term collaboration, BNW expansion into Saudi Arabia in 2026 |
The partnership between BNW Developments and MAN Construction for Aqua Arc represents a significant step forward for luxury real estate in the Middle East. By combining BNW’s visionary approach with MAN’s construction expertise, Aqua Arc is set to become a landmark development that elevates Ras Al Khaimah’s status as a global destination. As the two companies look ahead to future collaborations, the region can expect more innovative projects that blend global standards with local character.
