Properties for Sale in Al Marjan Island

Properties for Sale in Al Marjan Island

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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 2.7-kilometer manufactured archipelago in Ras Al Khaimah, featuring four coral-shaped islands that extend into the turquoise waters of the Arabian Gulf. With 7.8 kilometers of pristine white-sand beaches, crystal-clear waters ideal for swimming and water sports, and breathtaking sunset views, this exclusive destination offers an unparalleled island lifestyle just 20 minutes from RAK International Airport and 50 minutes from Dubai.

Unlike the high-density developments of Dubai, Al Marjan Island maintains a resort-style atmosphere. With world-class hotels, beachfront restaurants, and wellness facilities complementing residential zones, every day offers the perfect balance of relaxation and modern conveniences.

The island's strategic location makes it ideal for residents and investors—close enough to Dubai for business connectivity, yet far enough to enjoy peace, privacy, and significantly cooler temperatures thanks to constant sea breezes.

About Al Marjan Island, Ras Al Khaimah

Investment Highlights of Property for Sale in Al Marjan

Properties on Al Marjan Island combine beachfront location, competitive entry-level pricing, and strong tourism-driven demand, making the area one of the UAE’s most active emerging coastal markets.

Price Advantage

Beachfront apartments on Al Marjan Island are typically priced 40–50% lower than comparable waterfront property in Dubai Marina or Palm Jumeirah.

Strong Rental Yields

Long-term rental yields generally range between 6–8% annually, while short-term holiday rentals can reach 8–12% during peak seasons.

Tourism Catalyst

The USD 3.9 billion Wynn Resorts development (opening 2027) and Ras Al Khaimah’s target of 3 million annual tourists are expected to strengthen demand for short-term and resort-oriented residential properties.

Tax Efficiency

Ras Al Khaimah imposes 0% property tax and 0% capital gains tax, with transfer fees at approximately 2%, supporting tax-efficient ownership and resale.

Al Marjan Island Real Estate: Market Overview

In 2025, Al Marjan Island emerged as a leading growth area within the Ras Al Khaimah residential market. According to the latest market indices, apartment prices on Al Marjan Island recorded a 16.8% year-on-year increase in Q3 2025, the highest among all residential areas in the emirate, while capital values grew 6.3% over the quarter, indicating strong investor and buyer interest.

Across Ras Al Khaimah’s freehold residential sector, the overall price index rose approximately 14.9% annually, with villas also appreciating, although at a slightly lower pace than apartments. Villas in nearby communities saw capital value increases of around 12–14% year-on-year, reflecting sustained demand for lifestyle-oriented housing. Rental markets remained healthy, with gross yields for residential properties in the emirate averaging over 5%, reinforcing income potential alongside capital growth.

Al Marjan Island Real Estate: Market Overview

Infrastructure and Amenities of Al Marjan Island

Al Marjan Island is supported by fully developed infrastructure, including 24/7 utilities, fiber-optic connectivity, desalinated water systems and modern road networks linking the island to the mainland via Sheikh Mohammed Bin Salem Road. Ras Al Khaimah International Airport is approximately 20 minutes away, while Dubai International Airport is accessible within 50 minutes. RAK Hospital and nearby medical centres provide healthcare services, and established international schools such as GEMS Westminster, British School Al Khaimah, and Cambridge International School are within a 10–15-minute drive.

The island integrates hospitality, retail and recreational facilities in a resort-oriented residential setting. Operational beachfront hotels, restaurants, cafés and wellness facilities complement on-island supermarkets and daily services, while major shopping centres such as RAK Mall and Manar Mall are reachable within 15 minutes. Residents benefit from public beach access, water sports facilities, landscaped walking paths, and community security infrastructure, all of which support year-round coastal living in a structured, secure environment.

Infrastructure and Amenities of Al Marjan Island

Why Invest in Al Marjan Island Property with Mira Developments

01

Branded Residences

Al Marjan Island apartments are developed in collaboration with global design brands, offering stronger market positioning, greater buyer recognition, and more resilient long-term value.

02

Fully Furnished

Off-plan properties in Al Marjan Island with complete furniture packages and premium household appliances eliminate additional setup costs and enable immediate leasing or occupation.

03

Prime Locations

You can buy a property on Al Marjan Island, near Marjan Island Beach, Pullman Resort, and Radisson Resort, reinforcing long-term desirability and capital appreciation.

04

Premium Services

Residences with hotel-style amenities and concierge services, enhancing tenant appeal and supporting higher returns.

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

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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.

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.

trussardi residences phase two

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.

Post Hotel & Residences by Elie Saab properties

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.

Mira Verde by Mira Developments, Tbilisi Hills, Georgia

Tbilisi, Georgia

Mira Verde

Georgia’s first branded, master-planned community, set amid the rolling green landscapes of Tbilisi Hills, just ten minutes from the historic city center.

Mira Coral Bay in RAK

Al Mairid, Ras Al Khaimah, UAE

Mira Coral Bay

Mira Coral Bay is the world’s first luxury waterfront community, created in partnership with 14 globally renowned brands, on the picturesque shores of Ras Al Khaimah.

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.

Bentley villas

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.

Explore Mira Developments Projects Across the UAE and Beyond

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FAQ — Properties for Sale in Al Marjan Island

How much is property on Al Marjan Island?

Property prices on Al Marjan Island vary depending on location, developer and view orientation. Entry-level studios typically start in the low seven-figure AED range, while two-bedroom apartments typically range from AED 1.4M to AED 2.2M. Larger units and premium beachfront properties on Al Marjan Island command higher pricing, particularly those with direct sea access or branded affiliations. Villas are positioned at the upper end of the market, with select inventory exceeding AED 10M, depending on size and frontage. Pricing remains below that of comparable waterfront districts in Dubai, while offering direct coastal access and resort-style surroundings.

What factors influence property prices on Al Marjan Island?

Pricing is primarily influenced by beachfront proximity, project branding, sea views and developer reputation. Branded and hospitality-linked developments typically achieve higher premiums than standard residential buildings. Broader market dynamics also play a role, including tourism growth, new hospitality infrastructure and overall demand for RAK beachfront properties. Supply timing matters as well: early off-plan phases enter at lower price levels, with adjustments as construction progresses. Finally, unit type and size significantly affect pricing, with larger sea-facing layouts and penthouses positioned at the top tier of the market.

Is Al Marjan Island a good investment?

Al Marjan Island is increasingly viewed as part of the tourism-driven real estate segment in the UAE, where performance is closely linked to hospitality expansion and visitor growth. The island benefits from major resort developments, rising international visibility and strong demand for short-term rentals. Investors are typically attracted by relatively lower entry prices than Dubai waterfront areas and rental yields that exceed those of many mature urban districts. While the market remains in a growth phase, pricing trends and infrastructure delivery suggest that the island is transitioning from an emerging coastal destination to a structured residential and leisure hub.

Is it worth buying property in Ras Al Khaimah?

For buyers seeking lower entry points and tax-efficient ownership, Ras Al Khaimah presents a compelling alternative to Dubai. The emirate imposes no annual property tax and no capital gains tax, which supports long-term holding strategies. In addition, the growing demand for investment property in RAK is driven by hospitality expansion, infrastructure upgrades, and increased international buyer interest. Buyers should consider location because coastal developments such as Al Marjan Island differ significantly from inland communities in pricing and rental performance.

How much is Al Marjan Island per square foot?

As of 2025, residential prices on Al Marjan Island generally range between AED 1,100 and AED 1,900 per square foot for standard beachfront apartments, depending on the developer, view orientation and construction stage. Branded and premium sea-facing units typically transact between AED 1,800 and AED 2,500 per square foot, particularly in projects linked to hospitality operators. Limited villa inventory is priced differently due to plot size and frontage, but effective built-up rates usually fall within a comparable premium coastal band.

Is Marjan Island freehold?

Yes. Al Marjan Island is designated as freehold property in Ras Al Khaimah, allowing foreign nationals to purchase residential units with full ownership rights. Title deeds are registered with the Ras Al Khaimah Land Department, and buyers have the right to sell, lease or transfer ownership. Residency is not required to own property, although qualifying purchases may support visa eligibility under current UAE regulations.

What types of properties are available on Al Marjan Island?

The market on Al Marjan Island includes studios, one- to four-bedroom apartments, penthouses and a limited selection of beachfront villas. Most developments are mid-rise residential buildings positioned along the shoreline, designed to maximise sea views and direct beach access. Inventory is predominantly apartment-led, with villas making up a smaller, more exclusive segment of the supply. Recent launches also include hospitality-linked and branded developments. A notable example is Gianfranco Ferré Residences by Mira Developments, a fully furnished beachfront project offering studios and one-, two- and four-bedroom apartments with hotel-style services and views of the Arabian Gulf. The project reflects the integration of international design brands into the island’s residential pipeline, positioning Al Marjan Island within the broader segment of branded coastal property in the UAE.

Can foreigners buy freehold property on Al Marjan Island?

Yes. International buyers can acquire residential units with full freehold ownership. The legal framework for foreign ownership in Ras Al Khaimah provides title deed registration, resale rights and inheritance protections. Compared to many global coastal markets, acquisition costs remain relatively low, supporting access to waterfront living in the UAE without the transaction complexity found in other jurisdictions.

Are properties on Al Marjan Island suitable for holiday rentals?

Yes. Al Marjan Island is well-suited to short-term letting due to its beachfront setting, resort environment, and year-round appeal to tourists. Many owners operate units as holiday homes on Al Marjan Island, subject to local licensing requirements. Occupancy rates tend to strengthen during peak winter and holiday seasons, particularly for sea-facing apartments and hospitality-linked developments.

How do rental yields compare with Dubai waterfront areas?

As of 2025, residential properties on Al Marjan Island typically yield 6–8% on long-term leases, with short-term holiday rentals at 8–12% annually, depending on occupancy and seasonality. In comparison, prime Dubai waterfront areas such as Dubai Marina and Palm Jumeirah generally deliver 4–6% gross yields for long-term rentals. The yield differential is primarily driven by lower entry costs in Ras Al Khaimah, combined with growing tourism demand linked to large-scale hospitality projects, including Wynn Resort Ras Al Khaimah, which is expected to strengthen short-term rental performance further upon completion.

What infrastructure supports long-term living on the island?

Al Marjan Island offers fully operational utilities, road connectivity to the mainland and proximity to schools, hospitals and retail centres in Ras Al Khaimah. Hospitality facilities, beach clubs and leisure infrastructure are integrated within the island’s master plan. These elements support not only tourism but also a sustainable coastal lifestyle in Ras Al Khaimah, suitable for primary residence and second-home ownership.

How liquid is the resale market on Al Marjan Island?

The resale market is developing alongside new project deliveries. Liquidity is strongest in completed beachfront apartments and branded developments, where buyer recognition and rental performance are well established. As the island matures and tourism infrastructure reaches full operation, transaction volumes are expected to increase, supporting more active secondary market activity within the coastal segment.