Al Marjan Island
Photos and renders of the building and grounds — not of this particular unit.
Layouts and the handover date come from the developer's brochure in our archive. Prices and payment plans from the same source are deliberately not published: they are dated to when the brochure was issued and do not match today's prices. I will send the current ones over WhatsApp.
These are the starting prices as of the date shown, not today's list: off-plan they are revised several times a year, and more often upwards than down.
Figures come from the developer's own materials sent to brokers, dated 1 June 2026. The commentary behind them is written up in the Russian version of this page.
A residential building in Al Marjan Island, currently under construction.
Specifications for Pelagia per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Pelagia is a residential building in Al Marjan Island, handover is due Q4 2027.
The database currently holds 3 lots in this project, from 1 400 000 AED; 1 of them priced below the market, the deepest discount 57%.
A 15-storey complex on Al Marjan designed to vastu principles. Fully furnished, balcony pools on some units, eight minutes from the Wynn casino under construction.
Vastu is an Indian tradition of spatial organisation: room orientation to the compass points, and the placement of the entrance, kitchen and bedrooms relative to each other.
The practical significance for a buyer is twofold. First, there's a specific target audience: the Indian diaspora is the largest group of foreign property buyers in the UAE, and layouts like this are an argument aimed at them. Second, compass orientation affects how much an apartment heats up regardless of the tradition behind it.
On resale, this narrow specialisation cuts both ways: the pool of buyers is focused, but noticeably smaller too.
Apartments, penthouses and retail units. All units have large balconies; some two- and three-bedrooms, plus the penthouses, have balconies running the full perimeter with their own pools.
A perimeter balcony in a hot climate also shades the facade: the walls heat up less and the air conditioning runs more efficiently.
The Al Marjan market is running hot on the expectation of the UAE's first gaming resort opening. That expectation is already in the price — check the current opening date before counting on tourist-flow returns.
A two-year post-handover instalment plan is stated.
Selling-side materials at launch: storey count, layout concept, specification and instalment terms.
The final payment on this building falls in 2027 — 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.
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.
Ask on WhatsAppThe developer's brochure says Q4 2027. The date in the contract for a particular unit can differ — I check it before the deal.
The database currently holds 3 lots in this project, from 1 400 000 AED; 1 of them priced below the market, the deepest discount 57%. The list changes daily — I will send a fresh selection for the building on request.
What has been written about the building, its developer and Al Marjan Island
Wynn Al Marjan Island has unveiled its two largest suites, the Mayfair Apartment and the Paris Apartment, each about 1 460 sq m with seven bedrooms on the top floors of its 70-storey tower. They are hotel suites, not homes for sale. What they signal for Al Marjan property.
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.
Message me for the free layouts in Pelagia, the real entry price and what owners and tenants say — not the brochure copy.
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