Major Developments in the UAE
Major Developments has built its name on one clear idea that premium living starts with detail, craft, and a strong sense of place. The company began in 1993 and has grown into a respected UAE developer with more than AED 10 billion linked to its real estate vision.
Under founder and CEO Andrei Charapenak, Major Developments focuses on architecture, purposeful design, and sustainable living across high interest locations.
Its active portfolio includes Ice Beach at Al Marjan Beach in Ras Al Khaimah, plus Colibri Views and Manta Bay in RAK Central, all planned for handover in Q4 2027.
Major Developments Leadership
In a crowded property market, trust starts with origin and scale. Major Developments UAE traces its roots to 1993, when the business began as a construction venture. That start matters because it shows the company was built from execution first, then expanded into development.
As of 2026, the firm presents a portfolio of 4 plus projects and states a value figure of AED 10 billion plus tied to its real estate activity.
The Major Developments owner and founder is Andrei Charapenak, who also serves as the Major Developments CEO.
In public messaging, he defines the company’s purpose in clear terms. Real estate is treated as a tool to shape lifestyles, build legacies, and create places that last across generations.
Its slogan centers on shaping the future of premium living. Its design philosophy is based on detail, craftsmanship, purposeful architecture, and sustainable living rather than volume alone.
Major Developments Projects
The current Major Developments off-plan projects show a tight portfolio strategy with a focus on Ras Al Khaimah growth districts. The strongest pattern is clear design identity, apartment led stock, and launch pricing aimed at early stage value capture.
Colibri Views RAK Central
Colibri Views is an apartment project in RAK Central, Ras Al Khaimah, with a starting price of AED 840K and handover set for 2028. Public visuals show a facade driven design, planned entrance sequence, and finished interior layouts that support end use and rental appeal.
Manta Bay Al Marjan Island
Manta Bay is an apartment project on Al Marjan Island with a starting price of AED 1.2M and handover scheduled for 2026. The location gives it stronger short-term tourism visibility, which matters when assessing off-plan projects by Major Developments. Public material highlights interior planning, sea linked positioning, and a resort style setting.
|
Project name |
Launch price |
Location |
|
Colibri Views |
840 K |
RAK Central |
|
Manta Bay |
1.2 M |
Al Marjan Island |
Major Developments Sustainability Focus
Based on Major Developments' public positioning in 2026, sustainability is not presented as a side topic. The company places sustainable living beside architecture and purposeful design as one of the core ideas behind its projects.
What has Major Developments done so far in practical terms? Its stated approach points to careful planning, experience led design, and communities shaped for long-term use rather than short-cycle appeal.
The strongest evidence is in how the brand defines each development as an environment that should enrich life and hold value over time. This suggests that green thinking is tied to layout, material quality, and placemaking.
Major Developments Future Outlook
As of 2026, Major Developments presents itself as a design led firm with a strong internal brand vision, but public sources do not fully confirm that every design and construction function is handled in house.
What is clear is that the company emphasizes architecture, craftsmanship, and concept creation, which usually means selective outsourcing with close creative control rather than a fully external model.
On partnerships, the most visible collaboration signal is its work within prime Ras Al Khaimah growth zones tied to tourism and waterfront demand.
Major Developments Conclusion
Major Developments stands out for a clear design identity, a long construction origin, and a focused push into high interest Ras Al Khaimah locations. The key point for investors is simple.
Public information shows strong ambition and premium market intent, but some decision factors still need direct verification, including delivery depth, project level ROI, and contractor structure.
That is where careful guidance matters. Contact Kotook today for a free consultation and explore buying off-plan projects in Ras Al Khaimah wisely.
