Deal marks the beginning of a long‑term collaboration between the two powerhouse firms
In a strategic move that reflects precision, pedigree, and performance, BNW Developments has officially signed MAN Construction (a subsidiary of the Masah Group) as the principal construction partner for Aqua Arc, its iconic waterfront project set to redefine ultra‑luxury living in Ras Al Khaimah.
Aqua Arc marks the beginning of a long‑term collaboration between the two powerhouse firms, with more landmark projects already in the pipeline.
This collaboration brings together two industry titans: BNW, the region’s fastest‑growing private developer with a bold AED 22bn+ portfolio, and MAN Construction / Masah, a Class A contracting giant renowned across the GCC for its turnkey capabilities.
The signing ceremony witnessed the presence of distinguished leadership from both sides. Representing Masah and its subsidiaries were Mohammed Nayeem (Chairman, Masah Holdings & MAN Constructions, Dubai); Sheikh Mohammed Bin Sulaiman Alhabib (Vice Chairman, Masah Construction & Alpha Metals); Althaf Kazi (CEO & Managing Partner, MAN Specialized Contracting, UAE); Mirza Naseem Beg (CEO & Managing Partner, Alpha Metals, Saudi Arabia & UAE), and Mohammed Misbah (Advisor to the Chairman).
Partnership
From the BNW Developments side, Ankur Aggarwal (Chairman & Founder) and Vivek Anand Oberoi (Managing Director & Co-founder) were present, each playing a pivotal role in bringing this partnership to fruition.
“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,” remarked Nayeem.
“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,” observed Aggarwal.
“Masah’s professionalism, structural command, and transparent process align seamlessly with our own ethos of trust, ambition, and long-term value creation,” added Oberoi.
As the largest private developer in Ras Al Khaimah, BNW continues to lead with intent, scale, and an investor-first focus, a press statement concluded.
