Staff Report
Dubai, UAE
BNW Developments, a promising real estate developer in the UAE, has awarded Man Construction, a subsidiary of the Masah Group, a Dh1 billion contract for construction of Aqua Arc, its waterfront twin-tower project at Al Marjan Island in Ras Al Khaimah. Comprising 226 units across 12 floors, the project is slated for handover in Q3, 2027.
Ankur Aggarwal, Chairman & Founder, BNW Developments, said, “The appointment of Masah is a critical step in our mission to deliver not just residences, but reference points in global luxury living. Masah’s track record in constructing technically demanding projects, their commitment to timelines, and their engineering depth made them a natural fit. Aqua Arc is a signature BNW development, it demands nothing short of mastery, and with Masah, we’re confident that’s exactly what we’ll achieve.”
Masah’s portfolio includes projects across GCC like Ajdan Rise, Sulaiman Al Habib Hospitals, Almoosa Specialist Hospitals, and the Red Sea Global Terminal at the Red Sea International Airport.
Mohammed Abdul Nayeem, Chairman of Masah holdings and Man Construction, said, “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.”
With a massive Dh22 billion portfolio, BNW plans to expand its footprint in Saudi Arabia in 2026, aiming to make headway as the region’s fastest growing private developer.
Ends
Also read: BNW Developments to roll out 18 projects worth upto Dh40 billion in 3 years
