Photos and renders of the building and grounds — not of this particular unit.
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Layouts and the handover date come from the sales-launch announcement; the date
of that announcement is shown next to the prices. It is what the developer
claimed at launch, not a registry record — off-plan, phasing and dates get
revised. I will send the current ones over WhatsApp.
Floor plans
Floor plans from the developer's own materials. The areas and the unit split on them
were correct when the drawing was issued — check them against the plan attached to
the contract before the deal.
About the building
Located in Al Marjan Island, currently under construction. Developer — Emaar Properties.
Specifications for Address Residences Al Marjan Island as published by the developer — the project is under construction, so there is no Land Department record yet.
They describe the whole building, not the individual unit.
About the project
Address Residences Al Marjan Island is a residential complex of several buildings in Al Marjan Island, handover is due Q4 2028.
The developer is Emaar Properties.
Layouts, according to the sales-launch announcement — 1, 2 and 3 bedrooms.
The database currently holds 3 lots in this project, from 1 550 000 AED; 3 of them priced below the market, the deepest discount 24%.
An Emaar building in the Address line on the Al Marjan peninsula in Ras Al Khaimah — walking distance from the Middle East's first casino, under construction. One-bedrooms from $475,000.
Why this was pitched as a speculative play
Four arguments were made at launch: a waterfront location, a low entry price for a beachfront spot, proximity to the future gaming resort, and a government developer — meaning reliability and liquidity.
The exit was spelled out directly: resale in 2027, once the resort is complete, by which point about 80% of the price will have been paid. The expected uplift was estimated at 20–30%.
The instalment plan is heavy: 90% during construction and only 10% on handover. Completion — end of 2028.
The rental side
With the emirate's hotels running about 87% occupancy on average, premium projects post an even higher figure. Given the seaside location and the casino next door, post-handover short-term rental income was projected above 10%.
This is the selling side's forecast. What's verifiable here is the resort's construction itself and hotel occupancy; the return percentage is not.
Prices, booking, payment schedule and completion date — launch materials, 28 April 2024. Value-uplift and rental-return estimates — the selling side's forecast from the same materials.
The final payment on this building falls in 2028 — under off-plan plans that is
40–60% of the price in one go. A UAE bank closes it: the flat becomes the security,
and nothing is added on top of what the developer has already been paid.
Up to 80% of the appraised value, no extra down payment
3.99% fixed for three years, up to 25 years in term
6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and
we will look at what the developer will accept.
Frequently asked about Address Residences Al Marjan Island
Who is the developer of Address Residences Al Marjan Island?
Emaar Properties.
When is Address Residences Al Marjan Island handed over?
The sales-launch announcement says Q4 2028. The date in the contract for a particular unit can differ — I check it before the deal.
What layouts are there in Address Residences Al Marjan Island?
1-bedroom, 2-bedroom and 3-bedroom, according to the sales-launch announcement. Which sizes are actually free right now depends on what is on the market; I will send the current list.
How much does an apartment in Address Residences Al Marjan Island cost?
The database currently holds 3 lots in this project, from 1 550 000 AED; 3 of them priced below the market, the deepest discount 24%. Prices move every day, so it is worth asking for the current list for this building.
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Ras Al Khaimah targets 3.5m visitors a year by 2030 (1.35m in 2025), wants to grow hotel stock from 8 700 to about 16 000 keys with 80% premium, and is building a terminal for 3m passengers by 2028. What it means for property buyers.
Wynn Al Marjan Island now opens in September 2027 instead of Q1, and the budget is up $600m to about $5.7bn. Licence granted by the GCGRA in October 2024, $2.4bn construction loan closed in February 2025. What the delay means for Al Marjan investors.
RAK Properties closed 2024 with revenue of AED 1.41bn (+40%) and net profit of AED 280.9m (+39%), but withheld its dividend to speed up construction ahead of the $5.1bn Wynn Al Marjan Island resort, now targeting a September 2027 opening. What it means for buyers on Al Marjan Island.
Ras Al Khaimah is building its own vertiport by Al Marjan Island, Uber and WeRide are already carrying driverless passengers in Jumeirah, and Abu Dhabi has signed on for electric Seaglider service. Status as of September 2026 on all three.
Ardee has poured foundations for its AED 2bn Fairmont Residences, while Richmind's Oystra — with a curved steel truss designed by Zaha Hadid Architects — sold out its first phase and launched a second. Here is what is actually under construction on the island next to the Wynn resort.
Ras Al Khaimah Municipality registered about AED 2.89bn ($787m) of property transactions in January–June 2026: AED 1.35bn of sales, AED 1.16bn of mortgages and AED 0.38bn of transfers without payment. CBRE puts apartment prices up 18% on the year, and 23% on Al Marjan Island.
Wynn Al Marjan opens in September 2027, and branded homes around it deliver in the same window: W Residences from AED 1m, Jacob & Co Residences (223 units, AED 300m sold in 12 hours), 141 Sheraton residences and Park Beach Residences 2. Where the risk sits.
Ras Al Khaimah is building the country’s first integrated casino resort, and Al Marjan Island is being reshaped around it. Ready-to-buy commercial units are almost nowhere to be found — and that’s its own investment story.
Where this project stands today
Message me for the free layouts in Address Residences Al Marjan Island, the real entry price and what owners and tenants say — not the brochure copy.