Apartments for Sale in Al Marjan Island
Al Marjan Island, Ras Al Khaimah, UAE
Gianfranco Ferré Residences
Step into a new standard of coastal living with stylish studios, 1 — 2 bedroom apartments and spacious 2–4 bedroom duplexes — all featuring fully furnished interiors, five-star hotel-level services and sweeping views of the Arabian Gulf.
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About Al Marjan Island, Ras Al Khaimah
Al Marjan Island is a manufactured destination developed by Marjan off the coast of Ras Al Khaimah. It’s built as four coral-shaped islands, made for residential living. The area has around 2.7 sq km of reclaimed land, 23 km of waterfront, and about 7.8 km of beaches spread across the islands. For people who want coastal living in the UAE with an “island feel” but still drive to malls, schools, and clinics, Al Marjan can be an ideal match.
The masterplan has residences and branded projects alongside hotels, public promenades, and outdoor lifestyle zones. Marjan has district cooling and modern utilities (power, water, sewage, telecoms), built to support large-scale, long-term occupancy and not dependent on seasonal use.
Marjan positions Ras Al Khaimah International Airport at a 25-minute drive, Dubai International Airport around one hour by motorway, and nearby hubs like Al Hamra Village and Mall within easy reach. The area’s profile is being reshaped by major hospitality investment. For example, Wynn Al Marjan Island Casino, the first of its kind in the Middle East, is scheduled to open in Spring 2027.

Investment Highlights of Al Marjan Island Apartments
Apartments on Al Marjan Island perform well because they are located in a tourism-driven waterfront market that serves long-term and short-term tenants.
Luxury Apartments Al Marjan Island: Market Overview
The island’s luxury apartment market is like a destination-led micro-market. There are branded and lifestyle-driven projects. Ras Al Khaimah has seen a surge in launches since 2022, with a significant share classified as branded residential—the first reason Al Marjan pricing is influenced as much by operator strength and product positioning.
ValuStrat reporting showed that this island is the top-performing area in Ras Al Khaimah in Q3 2025. There is a year-on-year growth in apartment capital values. Profitability here is in buying the right unit type, view line, and building management. In tourism-driven real estate in RAK, liquidity is strongest for properties that rent easily and have a simple, easy‑to‑understand investment story for the next buyer.
Relative value is also part of the reason investors are considering Al Marjan now. Dubai Marina’s average apartment price per square foot is reported at around AED 2,190, while comparable coastal stock on Al Marjan Island is often priced roughly 40% lower. The UAE’s tax setup for individuals is no personal income tax and, in that context, no capital gains tax.
One major catalyst for future investors is the Wynn Resort Ras Al Khaimah, scheduled to open in spring 2027 after Wynn received the UAE’s first licence to operate a commercial gaming resort. This flagship destination is expected to boost tourism, spending, and demand for nearby real estate.

Infrastructure and Amenities of Al Marjan Island
Al Marjan is made up of four coral-shaped islands: Breeze, Treasure, Dream, and View—extending about 4.5 km into the Arabian Gulf. The closest major points from the apartments are Mövenpick Resort Al Marjan Island (about 6 minutes), Wynn Al Marjan Island (about 8 minutes), Al Hamra Mall (about 10 minutes), and Waldorf Astoria Ras Al Khaimah (about 11 minutes). On-the-ground amenities are designed for regular use: running and cycling tracks, parks, kids’ play areas, and casual waterfront food options.
Marjan is fully serviced for long-term growth in the residential and hospitality markets. Ras Al Khaimah International Airport is roughly a 25-minute drive; Dubai International Airport is around an hour by motorway (via Careem); and the island itself is easily accessible via E11. Recent infrastructure updates are E311 and E611, via Wynn Boulevard and the Wynn Bridge project.
Marjan has also announced a major mixed-use destination, Marjan Beach, near Al Marjan Island, adjacent to landmark projects such as Wynn Al Marjan Island and Al Hamra Village, with public beach access, parks, and civic services planned.

Why Invest in Al Marjan Island Property with Mira Developments
01
Branded Residences
Beachfront apartments in Al Marjan Island are developed in collaboration with global design brands, offering stronger market positioning, greater buyer recognition, and more resilient long-term value.
02
Fully Furnished
Apartment for sale in Al Marjan Island with complete furniture packages and premium household appliances, eliminating additional setup costs and enabling immediate leasing or occupation.
03
Prime Locations
You can buy an apartment on Al Marjan Island, located near Marjan Island Beach, Pullman Resort, and Radisson Resort, reinforcing long-term desirability and capital appreciation.
04
Premium Services
Residents benefit from hotel-style amenities and professionally managed facilities that improve daily living quality and support consistent rental performance.
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About Mira Developments
Mira Developments is a fast-growing company offering premium properties across the Middle East and Europe. Our portfolio includes projects in the UAE, Oman, Switzerland and Georgia, and continues to expand every year. We focus on fully branded and fully serviced residential and hospitality developments.
By partnering with iconic global brands, we are shaping a new vision of luxury living worldwide and creating strong opportunities for long-term capital growth for our investors.

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FAQ — Properties for Sale in Al Marjan Island
Are apartments on Al Marjan Island freehold for foreigners?
Yes. On Al Marjan Island, Ras Al Khaimah apartments can be bought by foreigners. They have designated freehold zones where foreign buyers can own property with full ownership rights registered in their name. That’s why the island is commonly marketed as a place to buy freehold apartments in RAK without UAE residency.

























