Beachfront Apartments for Sale in Al Marjan Island

Beachfront Apartments for Sale in Al Marjan Island

See All Projects

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.

About Al Marjan Island, Ras Al Khaimah

Al Marjan Island is a group of four coral-shaped man-made islands extending 4.5 kilometres into the Arabian Gulf off the coast of Ras Al Khaimah. Developed by Marjan, RAK's master island developer, the archipelago covers 2.7 million square metres and offers 23 kilometres of shoreline. The island is accessible via Sheikh Mohammed Bin Salem Road, approximately 45 minutes by car from Dubai International Airport. It operates under the RAK freehold framework, giving foreign nationals full title ownership rights.

The residential character of Al Marjan Island centres on waterfront and beachfront apartment buildings, a growing hospitality cluster, and a limited supply of villa plots. An increasing share of branded and serviced residences is entering the pipeline as institutional tourism investment accelerates. The Wynn Al Marjan Island integrated resort, the first of its kind in the Middle East, is set to significantly increase visitor volumes, corporate demand, and short-term rental activity across the island. Direct beach access, freehold title, and proximity to a major hospitality anchor give the island a structurally differentiated position within the wider UAE waterfront market.

About Al Marjan Island, Ras Al Khaimah

Investment Highlights of Beachfront Apartments in Al Marjan Island

Beachfront apartments on Al Marjan Island are supported by four converging investment drivers: rapid price appreciation, competitive yield performance, transformative hospitality infrastructure, and sustained tourism demand growth.

Strong Price Appreciation

Apartment prices in Ras Al Khaimah recorded 32% year-on-year growth in 2025, driven by constrained island supply and accelerating pre-opening demand ahead of the Wynn resort.

Competitive Rental Yields

Branded and furnished beachfront apartments on the island generate gross rental yields of 6%–8% on long-term strategies, rising to 9%–12% for actively managed short-term rental positioning.

First Integrated Resort Casino in the Middle East

Wynn Al Marjan Island is a USD 5.1 billion integrated resort with 1,530 rooms and suites, scheduled to open in 2027, and is set to deliver sustained uplift in both tourism arrivals and residential rental demand across the island.

Rapid Tourism Growth

Ras Al Khaimah welcomed 1.35 million overnight visitors in 2025 and is targeting 3.5 million annual visitors by 2030, underpinning long-term demand for short-term and long-term residential leasing alike.

Beachfront Apartments in Al Marjan Island — Market Overview

Al Marjan Island's residential market has undergone a structural repricing since 2023. Apartment prices recorded 32% year-on-year growth across 2025, according to Gulf News and CBRE MENA data. Entry prices per square foot range from AED 1,127 to AED 1,800, depending on tower, floor, and unit configuration — a material discount to Dubai Marina or Palm Jumeirah equivalents, yet increasingly competitive on a yield-adjusted basis. The gap has narrowed as the Wynn opening timeline has come into focus. Off-plan transactions now represent the dominant activity on the island, as investors position ahead of the resort catalyst.

The supply profile of Al Marjan Island is constrained by the physical limits of the archipelago. Marjan's masterplan encompasses over 8,500 planned hotel keys and more than 18,000 residential units, but new beachfront inventory is finite. Branded and fully furnished projects represent a growing share of new launches as developers seek to differentiate within an increasingly competitive pipeline.

Beachfront Apartments in Al Marjan Island — Market Overview

This sub-segment commands a rental premium of 15%–25% over comparable unfurnished units, driven by lower tenant setup costs, consistent interior specification, and broader appeal to international and corporate tenants. Branded beachfront residences also exhibit stronger secondary market liquidity, as an internationally recognised brand expands the buyer pool beyond the immediate UAE market.

RAK welcomed 1.35 million overnight visitors in 2025, a 6% year-on-year increase, against a government target of 3.5 million annual visitors by 2030. The Wynn Al Marjan Island resort with 1,530 rooms and suites and integrated gaming, entertainment, dining, and retail is the primary driver of this trajectory. Residential properties within the catchment of large-scale hospitality anchors have consistently outperformed broader market averages in the pre-opening and early operational period across comparable international destinations.

Infrastructure and Amenities of Al Marjan Island

Al Marjan Island's internal infrastructure includes a promenade running the length of the island, multiple beach access points, a yacht marina, waterfront restaurants, and retail facilities. The Pacific Hotel, Hampton by Hilton, and DoubleTree by Hilton operate on the island. The Wynn Al Marjan Island resort is under construction adjacent to the northern tip. Sheikh Mohammed Bin Salem Road provides direct connectivity to RAK city centre, approximately 10–15 minutes by car, and to the E311 Emirates Road, linking the island to Dubai in approximately 45 minutes. RAK International Airport is approximately 25 minutes away, with regular connections to key feeder markets.

Education and healthcare infrastructure is concentrated in RAK city centre, accessible within a short drive from the island. GEMS Westminster School RAK and RAK Academy (British School of Ras Al Khaimah) are both within approximately 20–25 minutes. Ibrahim Bin Hamad Obaidallah Hospital and RAK Hospital serve the emirate's medical needs; RAK Hospital offers a broad range of specialist services approximately 15 minutes from the island. The RAK Mall and Al Hamra Mall provide retail and leisure anchors within 15–20 minutes. On-island hospitality amenities combined with accessible city-centre services support a self-contained coastal lifestyle without the density of Dubai's established waterfront districts.

Infrastructure and Amenities of Al Marjan Island

Why Invest in Beachfront Apartments in Al Marjan Island with Mira Developments

01

Branded Residences

The Gianfranco Ferré Residences combine fashion-house design heritage, recognised brand value, and limited waterfront supply at the tip of Al Marjan Island.

02

Fully Furnished

Residences are delivered fully furnished to a defined interior specification, enabling immediate leasing or occupation at handover without additional fit-out investment.

03

Prime Waterfront Position

A beachfront setting at the northern tip of Al Marjan Island, adjacent to the upcoming Wynn resort, offers direct sea access and sustained positioning within the island’s highest-demand zone.

04

Premium Services

Hotel-style amenities and concierge services enhance tenant appeal and support stronger rental performance relative to standard residential buildings.

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.

About Mira Developments

Iconic Global Brands Collaborations

Сlean Lines and Extreme Curves

Bentley Home highlights its origins and aesthetic principles through a new creative perspective. The Bentley Home collection offers an interpretation that draws from the core of the British automotive brand to continue its extraordinary journey—discovering the authenticity of material and form.

Spectacular Elegance

The ELIE SAAB Maison collection touches every corner of your home and perfectly blends the essential elements of the ELIE SAAB Brand signature, design research, and the artisan excellence of Made in Italy.

A Cosmopolitan Vision

Trussardi Casa reinterprets the essence of the brand through the concept of quiet elegance, an expression that captures and reinforces their vision of a discreet and refined luxury, marked by products made with care and passion.

A New Dimension of Home

Gianfranco Ferré Home collection converges contemporary minimalism and the rich creative heritage of Gianfranco Ferré. The line captures the essence of metropolitan living, offering furniture to shape dynamic and fluid living spaces.

Audacious Creativity

Jacob & Co. Haute Living Collection reflects a vision of luxury that transcends boundaries. Each piece is conceived as a sculptural statement, combining precious materials, innovative design, and meticulous attention to detail.

Dreams Become Reality

ETRO home collection rethinking the House’s heritage and the art of savoir-faire, making the dream real, tangible, livable. It shapes new worlds and new ways of living with expressive colors and immersive fabrics, quality, and functionality.

A Stronghold of Quality Craftsmanship

Having conceived some of the icons of luxury furnishings, ONIRO Group has shown the world what Italy is capable of in terms of artistry, expression, innovation, and the balance between elegance, quality, and outstanding creativity.

Leader in the Luxury Lifestyle Sector

For over 30 years, Luxury Living Group has designed, produced, and distributed Italian-made high-end furniture for some of the most important luxury brands, a success story marked by craftsmanship, experimentation, and fine materials.

More Properties for Sale by Mira Developments

See All Projects

Discovery Gardens, Al Furjan, Dubai, UAE

Richmond District

Fully furnished residences translating the vision of iconic British designer into architecture.

Tbilisi, Georgia

Trussardi Residences, Mira Verde

Set within the Mira Verde community, Trussardi Residences brings the refined Milanese design philosophy to Georgia for the first time, surrounded by the green landscapes of Tbilisi Hills.

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.

Discovery Gardens, Al Furjan, Dubai, UAE

Trussardi Residences Phase II

Following overwhelming demand for Phase I, these two towers present an even more refined and upgraded offering, infused with the same Milanese spirit.

Andermatt, Switzerland

POST Hotel & Residences by ELIE SAAB

The project transforms the historic chalet in the Swiss Alps into a pinnacle of modern comfort and sophistication.

Discovery Gardens, Al Furjan, Dubai, UAE

Trussardi Residences

This stunning development in the Al Furjan area of Dubai embodies the contemporary elegance of the Italian fashion icon.

District 11, Meydan, Dubai, UAE

Mira Villas designed by Bentley Home

Set in the heart of Dubai, this fully furnished villa community offers sweeping views of the city’s iconic skyline.

Strategically located developments across the UAE and beyond

Click to activate the map

FAQ — Beachfront Apartments for Sale in Al Marjan Island

Are beachfront apartments on Al Marjan Island a good investment?

Yes. Al Marjan Island beachfront apartments present a well-supported investment case: 32% year-on-year price growth in 2025, constrained island supply, and accelerating pre-opening demand ahead of the Wynn Al Marjan Island resort. The island operates under a freehold framework accessible to foreign nationals, enabling full ownership rights and title deed registration with the Ras Al Khaimah Land Department. Gross rental yields for furnished beachfront units range from 6% to 8% on long-term strategies, with short-term rental positioning capable of exceeding 9%. Limited new waterfront land, a rising tourism trajectory, and a USD 5.1 billion hospitality anchor position the island as one of the more compelling yield and appreciation opportunities within the UAE residential market.

What rental yields can investors expect from beachfront apartments on Al Marjan Island?

Beachfront apartments on Al Marjan Island generate gross rental yields of 6%–8% on long-term residential leases, with performance varying by unit size, furnishing standard, and floor level. Studios and one-bedroom units operated on short-term holiday rental platforms generate yields of 9%–12%, with stronger performance during peak tourism seasons and major events. Branded, fully furnished residences command a rental premium over unfurnished equivalents, reflecting lower tenant setup costs, consistent interior quality, and broader appeal to corporate and international tenants. Two- and three-bedroom beachfront units on long-term leases produce yields in the mid-range of the bracket, supported by limited comparable supply on the island.

Can foreign nationals buy freehold beachfront apartments on Al Marjan Island?

Yes. Al Marjan Island is designated as a freehold area in Ras Al Khaimah, meaning foreign nationals can purchase residential property and receive a full title deed with no restrictions on ownership duration or transfer. This applies to all nationalities and does not require UAE residency at the point of purchase. Title deeds are issued by the Ras Al Khaimah Land Department. No annual property tax, rental income tax, or capital gains tax applies in the UAE, including on Al Marjan Island properties.

What taxes and government fees apply when buying on Al Marjan Island?

There is no annual property tax, no rental income tax, and no capital gains tax in the UAE. The primary government fee at purchase is a one-time 4% transfer fee charged by the Ras Al Khaimah Land Department, calculated on the purchase price. No stamp duty applies. Foreign buyers can repatriate rental income and sale proceeds without currency or transfer restrictions. Buyers who purchase at AED 2 million or above may be eligible for a 10-year renewable UAE Golden Visa, subject to prevailing immigration rules at the time of application.

How does the Wynn Al Marjan Island resort affect beachfront apartment values?

The Wynn Al Marjan Island integrated resort — a USD 5.1 billion development with 1,530 rooms and suites, scheduled to open in 2027 — is the primary demand catalyst distinguishing Al Marjan Island from other UAE waterfront residential markets. The resort will generate a material increase in annual visitor volumes, corporate bookings, and short-term rental demand across the island. Beachfront apartments in proximity to the resort stand to benefit from both occupancy uplift and capital value appreciation as the opening approaches. Residential properties within the catchment of large-scale hospitality anchors have consistently outperformed broader market averages in the pre-opening and early operational period across comparable international destinations.

What is the difference between branded and non-branded beachfront apartments on Al Marjan Island?

Branded beachfront apartments differ from standard residential units in interior specification, delivery condition, and market positioning. Branded residences are delivered fully furnished to a defined design standard set by a recognised fashion or lifestyle house — eliminating the AED 80,000–200,000+ fit-out investment required for a standard shell unit. This enables immediate leasing or occupation at handover and supports a rental premium of 15%–25% above comparable unfurnished units, depending on configuration and operator. On the resale market, branded units in limited-supply waterfront projects exhibit stronger liquidity, as the recognised brand name broadens the international buyer pool.

Is Al Marjan Island suitable for families as a primary residence?

Al Marjan Island is suitable for families, though it functions primarily as a secondary residence or investment asset. On-island amenities, including beach access, promenade, waterfront restaurants, and a growing hospitality cluster, support a comfortable day-to-day lifestyle. RAK city centre is 10–15 minutes by car, giving residents direct access to supermarkets, healthcare facilities, and schools. RAK Academy (British School of Ras Al Khaimah) and GEMS Westminster School RAK are both within approximately 20–25 minutes. For families seeking a low-density coastal environment with strong amenity access and proximity to both Dubai and Abu Dhabi, Al Marjan Island offers a viable alternative to comparable Dubai waterfront communities at a lower entry price per square metre.

How does Al Marjan Island compare to Dubai waterfront locations for investment?

Al Marjan Island offers a structurally different investment profile from established Dubai waterfront locations. Entry prices per square metre are lower than Dubai Marina, Palm Jumeirah, or Jumeirah Beach Residence equivalents, while gross rental yields are broadly competitive and in some configurations higher due to constrained beachfront supply and strong short-term rental demand. The Wynn resort catalyst and RAK’s 3.5 million visitor target by 2030 provide a demand growth narrative that most mature Dubai waterfront markets no longer offer at comparable price points. The trade-off is lower secondary market liquidity and a smaller local tenant base. Investors who acquired early in established Dubai waterfront communities have historically benefited most from infrastructure-driven appreciation; Al Marjan Island is at an analogous stage relative to the Wynn opening timeline.

Does buying a beachfront apartment on Al Marjan Island qualify for a UAE Golden Visa?

A UAE Golden Visa providing 10-year renewable residency is available to buyers who purchase a qualifying property with a minimum value of AED 2 million, subject to prevailing UAE immigration rules at the time of application. As of February 2026, the UAE removed the minimum down-payment requirement for the Golden Visa property route. Off-plan properties now qualify at the point of purchase registration, provided the contracted value reaches the AED 2 million threshold. The Golden Visa applies to freehold properties across the UAE, including those on Al Marjan Island. Eligibility and processing requirements are confirmed through a registered immigration consultant or the UAE Federal Authority for Identity, Citizenship, Customs and Ports Security.

What ownership rights do foreign buyers receive on Al Marjan Island?

Foreign buyers purchasing property on Al Marjan Island receive full freehold title, issued by the Ras Al Khaimah Land Department. This confers the same ownership rights as UAE nationals: the right to sell, lease, mortgage, gift, or transfer the property without restrictions. There is no expiry on the freehold title and no local sponsor or partner is required. Off-plan purchases are protected under RAK’s escrow framework, with developer payments held in a regulated escrow account until project completion milestones are met.

What is the short-term rental market like on Al Marjan Island?

Al Marjan Island has an established short-term rental market driven by beach access, hospitality infrastructure, and a growing profile as a leisure destination. Studios and one-bedroom apartments operated on holiday rental platforms have recorded gross yields of 9%–12% in peak periods, supported by proximity to the hotel cluster and the island’s events calendar. The Wynn Al Marjan Island resort is set to materially expand inbound visitor volumes and extend the peak rental season as the property moves toward its 2027 opening. Effective short-term rental management requires RAK-compliant licensing and active pricing management. Net return modelling should account for platform fees, management costs, and occupancy seasonality.

Are there service charges on beachfront apartments in Al Marjan Island?

Yes. Beachfront apartment buildings on Al Marjan Island are subject to annual service charges covering the maintenance of common areas, building systems, pools, gyms, and shared amenities. Service charge rates vary by building, unit size, and amenity level. Branded and serviced residences with hotel-style facilities carry higher service charges than standard apartment buildings, reflecting the additional staffing and operational costs of concierge, housekeeping, and resort-level amenity maintenance. Service charge schedules for specific projects are disclosed by the developer at the time of purchase and registered with the relevant authority.