Al Marjan Island Off Plan Properties

Live Beyond the Ordinary

Step onto a 2,000-foot beach with stunning island and bay views. Al Marjan Island is becoming Ras Al Khaimah’s top resort destination, featuring the UAE’s first casino at the upcoming Wynn Al Marjan Island resort, a magnet for global tourists.

AED 1,700,000

Starting Price

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from developer

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Luxury in the heart of Dubai

Buy Aprtments in Al Marjan Island

60 Minutes

to Dubai

20 Minutes

to Schools

30 Minutes

to RKT

10 Minutes

to RAK Medical Center

Al Marjan Island

Indulge in nearby culinary delights at Super Breeze Bar & Restaurant, Boons Brasserie & Bar, Ula, and more. Just a 15-minute drive away lies Al Hamra Village, offering a shopping haven at Al Hamra Mall and a plethora of dining and entertainment options. For recreation, explore Al Hamra Golf Club and Al Hamra Marina & Yacht Club, both adding a touch of leisure to your vibrant lifestyle.

Al Amwaj Street connects you effortlessly to Al Marjan Island Boulevard and Sheikh Mohammed Bin Salem Road. Ras Al Khaimah International Airport (RKT) is just 30 minutes away, and Dubai is within an hour’s reach.

Top-notch education is within reach, with schools like Little Treasures, Chubby Cheeks Nursery Ras Al Khaimah, and the on-site Little Captain Nursery just 15-20 minutes away. Students have access to RAK Academy – British School Al Hamra-BSH or New British International School. For healthcare needs, RAK Medical Centre Al Hamra clinic is conveniently situated just 10 minutes away.

Discover the perfect fit for every lifestyle at Address Residences Al Marjan Island. Ideal for young couples and singles, the apartments offer a contemporary living experience, while spacious penthouses and townhouses cater to the needs of families. Embrace the charm of beachfront living, complemented by indulgent amenities and captivating views.

Ideal to Raise A Family

Properties for sale in Al Marjan Islands

Plagette32

APARTMENTS

PENTHOUSES

TOWNHOUSES

Address Residences

AED 1,700,000

Why

Al Marjan Island

Address Residences Al Marjan Island offers something for everyone. Apartments will suit young couples and singles while spacious penthouses and townhouses will meet the needs of the family. The residences here will let you revel in cosy beachfront living with indulgent amenities and captivating sights.

While construction is underway, interested buyers can take advantage of a 90/10 payment plan, with a required 10% down payment.

Once completed in February 2028, investors can expect to generate around 15-20% in profit from reselling their property, or they can choose to lease it out for additional passive income. One-bedroom residences on Al Marjan Island yielded an average of 6% as of the end of 2023, with annual rentals starting from AED 30K (USD 8K).

Foreign buyers are eligible for renewable 2- or 10-year UAE residency visas, the latter covering dependents and staff. The minimum investment requirements for the residency visas are AED 750K (USD 204K) and AED 2M (USD 545K), respectively.

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How to Buy

in Dubai

Signing a contract to purchase a property that has not yet been built is known as an offplan property. It is more inexpensive for potential investors to invest in off-plan projects in Dubai than it is to purchase a built-in home, which is pricier. Dubai’s real estate market draws serious investors from around the world. 

In contrast to many other nations, the real estate market in Dubai is open to anyone. You are free to purchase and own property in any of Dubai’s freehold neighborhoods. 

Dubai Land Department is the sole, legally authorized entity to register and document all real estate transactions. This is done through an electronic system (e-register) dedicated to this purpose, in accordance with DLD’s specific procedures and based on certain documents and papers. The transactions undertaken by real estate developers are recorded through the developers’ self-registration system. The rest of the transactions must be completed by the owner(s) or their representatives, with an official power of attorney at the Real Estate Registration Trustee centres located in different regions across Dubai. 

All real estate legislations in Dubai stress the necessity of registering all real estate transactions including ownership, transfer, or change with or without compensation in order to guarantee the rights of investors. All real estate transactions that are not registered in DLD’s registers are considered invalid.

The Real Estate Regulatory Authority (RERA) has established several requirements that the developer must meet in order to help ensure that an off-plan project is finished. One of these demands that the developer possess all the project-related land. Additionally, the developer must either provide a 20% bank guarantee down payment, place 20% in an escrow account, or finish 20% of the building before selling off-plan. RERA requires contractors to present a 10% performance guarantee in addition to the procedures. 

The law requires developers to register completed projects in Dubai Land Department as soon as they receive a certificate of completion from the competent authorities. Accordingly, the real estate units that have been fully paid for will be transferred from the initial register to the Real Estate Registry and issuing the title deed/usufruct certificate for the investor. 

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