Ras Al Khaimah · Area Guide
Al Marjan Island
The Wynn effect, priced in real time
Apartments
AED 2100/sqft
Villas
—
Gross yield
6–7%
Best for
Short-let investors
Marjan's four reclaimed islands became the UAE's hottest speculative market the day Wynn Resorts confirmed the country's first casino-licensed resort here, due in 2027. Dozens of Dubai developers have since bought plots, and branded launches have repriced the island several times over. The investment case is gaming-resort adjacency plus RAK's lower entry point versus Dubai beachfront. Execution risk is concentrated in the sheer volume of simultaneous off-plan construction, so covenant selection matters.
E11 coastal road; RAK city 15 minutes, RAK airport 25 minutes, Dubai DXB about 50–60 minutes.
BeachfrontCasino-resort catalystOff-plan surge
Who it suits
- Short-let investors
- Event-driven capital
Landmarks
- Wynn Al Marjan Island (due 2027)
- Marjan beaches
- Rixos Bab Al Bahr
Projects in Al Marjan Island (7)
S
Under ConstructionPost-handover
Arjan · Dubai
Samana Skyros
Samana Developers
AED 750K – AED 1.8M
Studio–2BR · 8-yr PHPP
A
Off-Plan
Al Marjan Island, RAK · Ras Al Khaimah
Address Residences Al Marjan Island
Aldar Properties (Address Hotels + Resorts)
AED 1.9M – AED 15M
1–4 BR & penthouses · 50/50
N
Off-Plan
Al Marjan Island, RAK · Ras Al Khaimah
Nikki Beach Residences Al Marjan Island
Aldar Properties (Nikki Beach)
AED 2.1M – AED 16M
1–4 BR & villas · 50/50
D
Under Construction
Al Marjan Island, RAK · Ras Al Khaimah
Danah Bay
KM Properties (Al Marjan)
AED 1.5M – AED 9M
1–3 BR apts & 3–5 BR villas · 50/50
S
ReadyPost-handover
Arjan · Dubai
Skyz
Danube Properties
AED 600K – AED 1.9M
Studio–3BR · 1% monthly (original)
P
Ready
Al Marjan Island, RAK · Ras Al Khaimah
Pacific
Select Group
AED 550K – AED 1.8M
Studio–2 BR · Cash / Mortgage
B
Ready
Al Marjan Island, RAK · Ras Al Khaimah
Bab Al Bahr Residences
RAK Properties
AED 650K – AED 2.4M
Studio–3 BR · Cash / Mortgage