Address Residences Al Marjan Island By Emaar Properties On Al Marjan Island, Ras Al Khaimah | Apartments, Penthouses, Townhouses And Half-floors For Sale

address residences al marjan island by emaar properties

Address Residences Al Marjan Island is a new premium development from leading builder, Emaar Properties, created in collaboration with the globally renowned Address Hotels & Resorts. The branded residences occupy a choice spot on View Island on Al Marjan Island with expected completion to be in early 2028.

The project will include several residential towers, separate townhouses, a premium hotel, etc. The last phase was presented in April 2024 and will include three residential towers with 1–2 bedroom apartments and 3-storey townhouses.

Branded 1-3 bedroom apartments, two exclusive 4-bedroom penthouses and 2-3 bedroom townhouses are available for sale in the whole complex. Minimal sizes range from a cosy 661 sq. ft to a generous 2,459 sq. ft. The floor plans will be done in a way to appeal to any wants or needs. All of the residences have built-in wardrobes in the master suites. The penthouses have open kitchens and two balconies while the townhouses come with laundry rooms and foyers. The townhouses also feature ground floor terraces plus two upper balconies. The panoramic windows bathe the interiors in natural light and showcase the stunning waterfront views. You can also buy a half-floor property with a minimum area of 4,412 sq. ft.

Residents will be able to indulge in resort-style amenities such as the spa, yoga zone, infinity pool, waterfront promenade, kids’ playground and modern gym. Evenings can be spent enjoying fine dining and those who prefer an active lifestyle will appreciate the padel tennis and volleyball courts, as well as the available water sports.

About Location
Ras Al Khaimah in Dubai

A 2,000-foot long beach lies steps away, overlooking the visually stunning island and bay. Al Marjan Island is quickly transforming into Ras Al Khaimah's premier resort destination; the Wynn Al Marjan Island resort will introduce the UAE’s first casino and draw tourists from all around.

Nearby dining options include Super Breeze Bar & Restaurant, Boons Brasserie & Bar, Ula and more. A 15-minute drive will get you to Al Hamra Village, where you can shop at the boutiques at Al Hamra Mall and enjoy the many dining and entertainment venues. Al Hamra Golf Club and Al Hamra Marina & Yacht Club also offer many types of recreation.

Al Amwaj Street provides easy access to Al Marjan Island Boulevard and then onwards to Sheikh Mohammed Bin Salem Road, connecting the wider points of Ras Al Khaimah. Ras Al Khaimah International Airport (RKT) is 30 minutes away, while Dubai is reachable in an hour.

Schools, such as Little Treasures, Chubby Cheeks Nursery Ras Al Khaimah and the on-site Little Captain Nursery, are 15-20 minutes away. Students can attend RAK Academy – British School Al Hamra-BSH or New British International School. RAK Medical Centre Al Hamra clinic is 10 minutes away.

Address Residences Al Marjan Island offers something for everyone. Apartments will suit young couples and singles while spacious penthouses and townhouses will meet the needs of the family. The residences here will let you revel in cosy beachfront living with indulgent amenities and captivating sights.

While construction is underway, interested buyers can take advantage of a 90/10 payment plan, with a required 10% down payment.

Once completed in February 2028, investors can expect to generate around 15-20% in profit from reselling their property, or they can choose to lease it out for additional passive income. One-bedroom residences on Al Marjan Island yielded an average of 6% as of the end of 2023, with annual rentals starting from AED 30K (USD 8K).

Foreign buyers are eligible for renewable 2- or 10-year UAE residency visas, the latter covering dependents and staff. The minimum investment requirements for the residency visas are AED 750K (USD 204K) and AED 2M (USD 545K), respectively.

Frequently Asked Questions & Answers

According to Mercer’s survey 2024 Cost of Living City Ranking, Dubai still ranks in 15th position making it one of the appealing choices for real estate investors or buyers. According to the ideal estimation, the average cost of living in Dubai for an individual is between AED 5K to AED 5.5k monthly. Further, with a family of an average of four persons, one has to pay around AED 17K a month.

As a resident of UAE, you have to renew your driving license every 5 years. However, being a UAE or GCC national will increase this duration of renewal to 10 years. The process of license renewal is exceptionally easy as you can do this online via the RTA website, RTA smart App, Dubai Driving App or through self-service machines at any of the available Customer Happiness Centres. Additionally, it is significant for you to settle any of the traffic fines before the renewal. Besides, if you are under 21 you only need a valid Emirates ID. On the other hand, individuals above 21 age have to show an eye test certificate. The fee amount of this is AED 120 (USD 32) for customers younger than 21 and AED 320 (USD 87) for the driver above the age of 21. After applying for renewal you will get a temporary driving license. The time it will take for the renewal is between 5-15 days

You can sell your property in Dubai in just seven simple steps; Selecting a reputable real estate agent or agency, filling out forms A and B, Advertising your property for sale, setting the right price, signing Form F, Obtaining NOC, and finally transferring Ownership. These steps may vary, therefore, it is significant to take a property guide before selling your property asset.

There are various reasons why it is highly positive to invest in real estate in Dubai. One of the major reasons that make Dubai real estate attractive is the comparatively low prices of Emirates than Europe, America and Asia. Furthermore, investment in Dubai real estate is one of the major reasons in terms of reducing inflation. This is because there is a direct relation between the economic indicators and the demand for real estate. Another benefit of investing in Dubai real estate is a 3-year investor visa which you can obtain after purchasing ready-to-move property for a minimum amount of AED 750K (USH 205K), or a 5-year investor visa on opting for a ready-to-move residence for the initial cost of AED 2M (USD 545K). As a visa holder, you can bring your spouse and children to the UAE conveniently. Finally, the rental property in Dubai can generate an upto-staggering ROI of 8-10%, which is exceptionally impressive.

Many individuals wonder if foreigners can invest or buy property in Dubai and whether it can be considered a good long-term investment. The answer is yes, non-resident investors, expats, and foreign nationals in Dubai can own property on a freehold basis. This simply means that individuals can lease, buy or sell their property. Besides foreigners can buy property in Dubai for various lengths of time including freehold property, leasehold for up to 99 years or common hold with no age restrictions.

Dubai real estate is dynamic as well as comes in various price ranges from affordable property options to luxury real estate. The price of the residence is generally influenced by the location. On the other hand, the least expensive areas to buy apartments in the Emirates include Dubai Production City and International City. On the other hand, a few of the districts including NASHAMA Town Square and Serena offer low-cost exquisite living.

Dubai real estate offers plenty of property options, which you can opt for on an affordable budget. As of 2024, a few of the top affordable communities to invest in for beginners are Jumeirah Village Circle (JVC), International City, Dubai South and Dubai Investment Park.

In the bustling metropolis of Dubai, a shining Emirates of the UAE residents are allowed to buy properties in the designated freehold areas, Off-plan development, is highly appealing as their prices are exceptionally low and the developers offer attractive payment plans.

If you are a foreigner, you can acquire freehold ownership without any restriction whether it is a freehold property contract, off-plan property or a lease up to 99 years with no Visa required. Besides this, primarily you have two choices to invest in Dubai real estate either to invest in off-plan property or ready-to-move property.

The start with, the investment property market of Dubai offers high rental yields as compared to other stable real estate markets the ROI in Dubai is much higher that is up to 10% making it one of the highly appealing locations to invest. Additionally, the residences have world-class infrastructure, you can experience high-end living and economic stability all at once.

Off-plan properties in Dubai are the development projects that are under construction. In recent times, the interest of buyers in off-plan properties in Dubai has drastically increased. As per the news report by Arabia Business, in 2024 in July off-plan properties in Dubai, these properties accounted for 60% of property transactions which is a 49% increase from the previous year of 2023.

The process of buying an off-plan property in Dubai is exceptionally easy. As Dubai's real estate market is open for any of the buyers, the only things you will require are a Visa/Emirates ID and a passport copy.

Obtaining citizenship in the United Arab Emirates is easy and does not require a complex process. There are various neutralization methods including residency, marriage, merit, investment, Arabic proficiency and good reputation.

Purchasing a property in Dubai will grant you numerous positive outcomes from high rental yields of up to 10%, to unmatched amenities from exclusive and strategic locations to attractive opportunities to invest.

As the rule of residence, was implemented in 2019 that is UAE’s Golden Visa system offers long-term residence visas. This visa is automatically renewed on the condition that all the rules are adhered to. This visa is issued for the duration of 5 or 10 years.

Although the minimum investment amount required in Dubai depends on various factors the range may start from a few thousand AED to millions of AED. However, on average or according to the rough estimate the minimum investment amount in Dubai ranges from AED 10K to AED 50K.

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This website belongs to the authorised marketing partner of the project. The company reserves the right to add, alter or delete material from the website at any time and may, at any time, revise these terms without prior notification, therefore advise that you periodically visit this page to review the current terms. This is not an offer, an invitation to offer and/or commitment of any nature. The images includes artistic impressions and stock images. The Designs, dimensions, cost, facilities, plans, images, specifications, furniture, accessories, paintings, items, electronic goods, additional fittings/fixtures, decorative items, false ceiling including finishing materials, specifications, shades, sizes and colour of the tiles and other details shown in the images are only indicative in nature and are only for the purpose of illustrating/indicating a possible layout and do not form part of the standard specifications/amenities/services to be provided in the flat. Recipients are advised to use their discretion in relying on the information/amenities described/shown therein. All specifications of the property shall be as per the final agreement between the Parties.

exclusive apartments, penthouses & townhouses on al marjan island

Swimming pool

Gym

Spa

Paradise Beach