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Al Marjan Island
Views: 28,261

Local Name:
Budget:
$225M
Announced:
Construction Start:
2013
Opening:
Area:
270 ha
  1. SiteSeeing101 is offline resortX Top Investigator
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    Nov 2021
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    32
    Views of Al Marjan Island







  2. Minileri is offline Park Investigator
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    Nov 2021
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    Al Marjan Island is built over a total area of 115 acres. It has a lot to offer for private users as well as for investors.
    There is a large number of freehold properties that include off-plan as well as rental apartments on Al Marjan Island.
    The average rental price for a studio starts with 22.000 AED and raises up to 66.000 AED in case of 3 Bedroom apartment type yearly with the minimum size of flats 420 sq. ft. and to 2,780 sq. ft. accordingly.

    Talking about the sale trends here the prices range between 291.000 AED to 2.577.000 AED depending on size, views, facilities, et cetera.
    As for hotel apartments, these serviced units can be rented for a price between AED 45k and AED 50k. For investments, the demand for Al Marjan Island hotel apartments lies between AED 440k and AED 1.3M.
    View Island: PACIFIC PROPERTY



    Location: Al Marjan Island, Ras Al Khaimah
    Property type: Residential apartments and duplexes with waterfront views
    Developer: Select Group (https://select-group.ae/)
    Project Status: Delivered

    Pacific property is a 6 tower apartment complex. Some properties include a jacuzzi, private swimming pools and saunas.

    Many apartments offer the sea view with the perfect points to observe the sunrise and sunset glistening over the sea.

    As well, the owners of the apartment will get private access to the white sandy shores, rooftop swimming pool, fully equipped gym and outdoor tennis court



    The payment plans for the apartments in Pacific RAK are as follows.
    Studios starting from AED 322,630
    1-bedrooms starting from AED 517,158
    Pacific Suites starting from AED 626,283
    Gulf Suites starting from AED 711,685
    Duplexes starting from AED 947,964


    https://www.bayut.com/mybayut/invest-apartments-pacific-al-marjan-islands-rak/

    Breeze Island: BAB AL BAHR



    For investing the Bab Al Bahr complex offers two options: Rixos Bab Al Bahr, which is a luxury 5-star hotel that comprises 3 pyramid buildings with a pool beside them and Bab Al Bahr Residences.

    Location: Breeze Island
    Property type: 5-star hotel & private accommodation
    Developer: Al Hamra Real Estate Development (AHRED)
    Development status: commissioned

    Bab Al Bahr is a gated community with 24/7 security and offers a wide range of facilities to the residents:
    White sandy beaches;
    Lush green gardens;
    Swimming pools for adults and children;
    Choice of studios, 1BR, 2BR, 3BR apartments and penthouses;
    Covered car parking;
    Supermarket within the community;
    Pet friendly;
    Close to high-end hotels;
    Close to fine-dine restaurants and cafes;
    Walking distance from corniche


    https://www.bayut.com/area-guides/al-marjan-island/
    https://alhamra.ae/en/residential/bab-al-bahr-residences/
    https://almarjanisland.com/

  3. Minileri is offline Park Investigator
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    Nov 2021
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    The 26th of November, Friday, at 16:00 at Al Marjan Island the Ministry of Interior celebrates the Golden Jubilee, so far the Al Marjan Island is an iconic investment destination.

    Thursday, November 18, the Ras Al Khaimah police was practising for the march with the roads to the island closed.


    The celebrations of the Ministry will be launched with the wide participation of all its factions, organizations and security units, as well as military schools and police teams, and will include a two-kilometre military parade on the Marjan Island Corniche, along with an air show for Emirates Knights.

    https://gulfnews.com/uae/uae-ras-al-khaimah-police-to-celebrate-golden-jubilee-of-ministry-of-interior-tomorrow-1.83926337

  4. JustPassingBy is offline resortX Top Investigator
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    Oct 2021
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    Another hotel opening soon on the island

    Opening during the 75th anniversary of the InterContinental brand, the resort which is situated along the shores of the Arabian Sea, will be headed by General Manager Mohamed Mahmoud. With over 20 years experience at IHG Hotels & Resorts, this is Mahmoud’s third hotel opening, having previously opened resorts in Saudi Arabia and Fujariah.




    Sources: https://www.zawya.com/mena/en/story/InterContinental_to_open_resort_in_RAK_with_new_team-SNG_259651097/ and https://www.ihg.com/intercontinental/hotels/us/en/ras-al-khaimah/rktha/hoteldetail

  5. MarkEm is offline resortX Top Investigator
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    Nov 2020
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    Dubai Investments (DIC) has signed a deal with RAK-based developer Marjan to open AED 1 billion ($272 million) development on Ras Al Khaimah’s Al Marjan Island.The development on the island, which is already home to international hotel brands including Rixos, Hilton and Accor, will feature a beachfront resort, serviced apartments, villas and residential buildings, as well as retail and F&B units.
    The DIC and Marjan deal follows RAK’s announcement earlier this year that it would invest $136 million in ‘experiential tourism’.
    Source: https://www.zawya.com/mena/en/business/story/Dubai_Investments_RAKs_Marjan_sign_272mln_residential_and_hospitality_development_deal-ZAWYA20211019080322/

  6. Marjan is divided into four (sub-)islands. Here is how they'll look like once filled with residential developments and resorts:

    Breeze Island:


    Treasure Island:


    Dream Island:


    View Island:


    Source: Wikipedia
    https://en.wikipedia.org/wiki/Al_Marjan_Island

  7. Upcoming hotels on Marjan Island:

    December 2021: Mövenpick Resort Al Marjan Island



    2021: Radisson Resort Ras Al Khaimah (already open?)



    2023: Avani Marjan



    Source, among others:
    https://www.cntravellerme.com/hotels-resorts/27651-the-exciting-resorts-opening-in-ras-al-khaimah

  8. MsX
    MsX is offline Senior Park Investigator
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    Source: Google Maps

  9. MsX
    MsX is offline Senior Park Investigator
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    Artist's impression:


  10. Al Marjan Island is a group of 4 coral-shaped islands in a man-made archipelago located in Ras al-Khaimah, in the Persian Gulf. It is administered by the Al Marjan Island Company. Several resorts, beaches, tourism destinations, and residential projects are located in the four islands, being one of the UAE's top tourism spots.

    Started as a tourism enterprise, the five-year construction development started in 2013 now harbors a quasi-metropolis, fully equipped with a developed residential area and hospitality industry, as well as adjoining infrastructure.

    Although still under development, at full operation, it is expected to host up to 20 thousand party-goers at its clubs, hotels, and other facilities, with an estimated foreign investment starting at Dh19 billion. The Island now houses 45% of the total 5-star hotel rooms in the Emirate through its 3 resorts - the Rixos Bab Al Bahr, DoubleTree by Hilton Resort & Spa Marjan Island, and Al Marjan Island Hotel & Spa.
    Source: https://almarjanisland.com

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