Al Marjan Island, Ras Al Khaimah · Almal Real Estate Development
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.
A hotel residence in Al Marjan Island, Ras Al Khaimah, currently under construction. Developer — Almal Real Estate Development.
Specifications for The Unexpected 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.
The Unexpected Al Marjan Island is a hotel residence in Al Marjan Island, Ras Al Khaimah, handover is due Q4 2026.
The developer is Almal Real Estate Development.
Layouts, according to the sales-launch announcement — studios, 1 and 2 bedrooms.
No lots from this project are in our database today. It is topped up every night, so listings for the building can turn up on any day.
The first property the Ibiza brand Ushuaïa has opened outside Spain: 319 hotel rooms and 103 residences on the reclaimed Al Marjan Island in Ras Al Khaimah, a couple of kilometres from the Wynn casino site. Handover is stated for Q4 2026.
The developer is Almal Real Estate Development, working with Marjan, the government-owned master developer of the island. The brand is Ushuaïa Unexpected Hotels & Residences — the name Spain’s Palladium Hotel Group, owned by the Matutes family, gave its new line in 2024. The stated investment in the property is over $100 million.
The brand itself comes from Ibiza. Ushuaïa Ibiza Beach Hotel is the hotel around which the island’s daytime open-air scene grew: a pool, a stage at the water, residencies by the world’s DJs. Al Marjan is that brand’s first step outside Spain, and the brand is what is being sold here — not the architecture, but a format of holiday the name already stands for.
Two things are worth separating. The hotel operator is Palladium, a company with several dozen hotels behind it. The developer is Almal, a young one. The first answers for the service once the doors open; the second answers for the building being finished on time. They are checked separately.
The brand’s other UAE address is Ushuaïa Dubai Harbour Experience, an open-air venue in the Dubai marina that opened its winter season on 26 October 2024 with Calvin Harris. It was created by Yann Pissenem’s The Night League and Studio A by Addmind — a separate project of the same brand, not part of the Ras Al Khaimah property. It appears on this page only because the two are constantly confused.
The building holds 422 units. Of those, 319 are five-star hotel rooms — standard, junior suites, suites and premium suites. The remaining 103 are private residences: studios and one- to two-bedroom apartments.
These are two different products under one roof, and they should not be confused. A hotel unit is a share in a working hotel: the operator runs it, the return is a function of occupancy, and your own use is normally capped at a set number of nights a year. A residence is an apartment you control yourself, with the hotel’s service attached.
What they share is the ground floor: a beach club, a restaurant, an infinity pool and the water, looking out over the Arabian Gulf. That shared part is the product — on a resort island the amenities are what is bought, and the floor area comes second.
The payment plan the developer quoted at launch is 50/50. Starting prices were published in Q2 2024: from AED 1.6 million for a hotel suite and from AED 1.7 million for a residence. Those are two-year-old figures and should not be read as current — off-plan pricing is revised several times a year. Ask the developer for the price on the date of the deal.
The building stands on Al Marjan — an archipelago of four reclaimed islands covering 2.7 million m² and reaching 4.5 kilometres out to sea. Marjan, the master developer, sells the land in parcels, and the builders on them vary widely. Rixos Bab Al Bahr, DoubleTree by Hilton and Al Marjan Island Hotel & Spa already operate here.
The island’s headline event is Wynn Al Marjan Island, an integrated resort holding the first gaming licence ever issued in the UAE, granted in 2024. The 70-storey tower topped out in December 2025, more than 22,000 people are on site, and the opening is set for September 2027.
That date has moved. On 4 August 2026 Wynn Resorts pushed the launch from March to September 2027 and added $600 million to the budget. For the owner of a unit next door this is not an abstraction: visitor flow, occupancy and nightly rates are all counted from the opening, and six months of slippage is six months of letting at a pre-casino rate.
Which sets the real question for a purchase here: how much of the future growth is already in today’s price. A render does not answer that; a schedule does — what has been built on the neighbouring plots, when the hotels open, what is happening with the roads.
What you are actually buying. Hotel units and residences sell in the same building at similar prices, but they are different contracts, different rights of use and different economics. Establish which of the two is in your contract first.
The terms of the operator’s rental pool. Hotel units usually come with compulsory management: the fee, how income is split, how many nights a year you may use it yourself, and in which seasons.
The developer and the escrow. Almal is a young company, and the Palladium name on the facade does not answer for construction timing. Look at the completed portfolio, the permits and the escrow account rather than the brand on the render.
The handover date and the remedy for missing it. Q4 2026 is stated; the island’s anchor project has already slipped by six months. What the contract says about a late handover matters more than the date itself.
The yield arithmetic. Any "guaranteed return" on resort rental is the developer’s word, not a fact: we hold no transaction base for Ras Al Khaimah to check it against. Ask for the inputs — occupancy, average rate, operator fee — and run the numbers yourself.
The project was announced in May 2024: Almal in partnership with Palladium Hotel Group, with design by the DAR bureau. Alongside the 422 units, a beach club, spa, restaurants and VIP areas were announced.
the Almal and Palladium Hotel Group project pages, the Marjan island master plan, and Wynn Resorts’ August 2026 investor call. Partners, designer, unit count and shared facilities — announcement news, May 2024.
Al Marjan Island: what stands there, and how the Wynn factor is counted →
2:48 Filmed 25 August 2026: how far the Wynn integrated resort next door has actually got, and what is happening with Ushuaïa. A short site check rather than a render reel.
Watch on YouTubeLots for this project come and go, and the stock is topped up nightly. Message me — I will look through the closed bases and find the closest alternatives in Al Marjan Island, Ras Al Khaimah.
Ask about this projectThe final payment on this building falls in 2026 — 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 WhatsAppAlmal Real Estate Development.
The sales-launch announcement says Q4 2026. The date in the contract for a particular unit can differ — I check it before the deal.
Studios, 1-bedroom and 2-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.
There are no open listings for this building in the database right now. I will check the price for a particular layout against the closed databases and send it with the deal costs worked out.
What has been written about the building, its developer and Al Marjan Island, Ras Al Khaimah
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.
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.
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.
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.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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