Do you know that Al Marjan Island in Ras Al Khaimah Community is a perfect place for the luxurious lifestyle of the clients with a remarkable beachfront living? Yes you heard that right.
We all know that Damac Properties can be considered as one of the major companies in this sphere which releases off-plan projects aimed not only at investment needs but also at the people who are looking for interesting ways of spending their time.
Let’s embark on a journey to explore these Ras Al Khaimah Projects that capture recreational facilities with the surrounding environments being beaches and planned new amusement centers.
Off-Plan Properties
Off-plan properties are being purchased on Al Marjan Island because investors regard it as the area of the future. From the Wynn Resort which will open in 2027, there is likely to be a steep rise in demand. These developments in particular make Damac attractive to the buyer seeking high rental returns and capital appreciation in the long-run.
1.Damac Elite Beachside
- Damac Elite Beachside is one of the projects which provides exquisite beachfront apartments with having their own access to the beaches.
- These luxurious homes offer a quiet lifestyle enriched with today’s comforts.
- This project is aimed at allowing investors to have homes to invest in and people who are in search of vacation homes to buy.
2. Damac Shoreline
- Damac Shoreline is one of the major projects of Damac.
- It includes luxury apartments and villas with private beach frontage.
- Construction is targeted to be completed by Q3 2028 with starting prices of AED 1,830,000.
- These units are situated near the island’s first casino thus they are potentially attractive to tourists as well as traders.
3. Damac Al Marjan Island
- High-rise residential towers with very pretty sea views.
- You can get a mix of 1 to 4 BR apartments.
- Starting prices might be around AED 1.8 million for luxury units
Location & Features
Al Marjan Island is also easily accessible being from Dubai only a forty five minutes drive away. Some of its features include; yacht marinas, five star hotels and exquisite restaurants. It will act as the best destination for either tourists or residents in the island.
- 45 minutes away from Dubai International Airport.
- 30 minutes from Ras Al Khaimah City Center.
- 15 minutes to Al Hamra Village.
- 10 minutes to Wynn Resort (upon completion in 2027
Amenities
- Private beach access
- Infinity pools
- Fitness centers.
- Yacht marinas
- Five-star hotels.
- Fine dining options
- retail outlets nearby
- Schools and healthcare services
Expected Rental & Sale Prices
Predicted rental occupancy is expected to increase whenever the Wynn resort is complete with 8-10% overall return on investment.
Off-plan units’ sale prices begin at AED 1.8 M for luxury apartments, thus setting up the area as an affordable rival to Dubai.
Rental Prices
Property Type | Average Annual Rent (AED) |
Studio | 33,000 |
1-Bedroom | 44,500 |
2-Bedroom | 73,000 |
3-Bedroom | 92,000 |
Property Prices
Apartment Type | Average Price (AED) |
Studio | 291,000 |
1-Bedroom | 448,000 |
2-Bedroom | 699,000 |
3-Bedroom | 2,577,000 |
Conclusion
Damac Al Marjan Island is thus a good investment prospectus for investors who search for luxury property and or investment opportunities in the Ras Al Khaimah.