Plot | Al Marjan Island (Al Marjan, Dubai)

AED 350,000,000
BUA1,000,000 ft2
Price per ft2350 AED
Property typePlot
AreaAl Marjan Island
DevelopmentAl Marjan Island
ID (Ref.No)imex-528778
DeveloperAL MARJAN ISLAND LLC
Primary viewsea view
Secondary viewBeach Full View
A Whole Island in Full Ownersgip at Al Marjan Islands, RAK

A Whole Island in Ras Al Khaimah Emirate Available for Sale for Construction of Residential, Commercial and Hospitality Units!

Investment Opportunity with up to 17% Annual ROI!

Exclusive conditions for big investors directly from Developer!

LOCATION: AL MARJAN ISLAND, Ras-Al-Khaimah
PLOT AREA: 92,903 sq.m (1,000,000 sq.ft)
TOTAL ALLOWABLE AREA: 55,741 sq.m (60% OF PLOT AREA)
POSSIBLE BUILT UP AREA: up to 255,500 sq.mt (2.75 x PLOT AREA)
USE: Reasidential, Hospitality, Retail

100% foreign ownership

Up to 17% annual ROI for residential units!

The down payment is just 10% and the remaining 90% could be discussed.

Occupancy for hospitality sector: 70%
Profit Conversion: 40%
Equity IRR: 16,1%

Accessibility: 50 min. from Dubai Aeroport
1 hour from Downtown Dubai

Al Marjan Islands Plots are sold in full ownership to expatriates.

Al Marjan Islands land plot investments estimated IRR is up to 50%.

  • No personal tax,
  • No income tax,
  • No foreign exchange contracts,
  • A 100% of utilities service at hand,
  • 100% repatriation of capital and profits available,
  • Labor and construction accommodation available,
  • Supported by a strong pipeline of hotel openings,
  • Resilient occupancy rates

The longest beachfront in RAK.


Stretching 4.5 kilometres into the Arabian Gulf and shaped in the form of a coral, Al Marjan Islands have reclaimed 2.7 square kilometers from the sea. The whole project is serviced by already operating 5 star Al Marjan Island Resort & Spa Hotel managed by Accor, with planned 300 berths Al Marjan Marina and a yacht club.

Amenities:

Public parks, schools, medical clinics and the community center at the core of Dream Island will bring residents and visitors together around a distinctive shopping and dining experience with all the amenities needed for a luxury living.

Al Marjan Islands development is going to be one of the first large development projects in the area with land plots ranging from 22,000 sq ft up to 4,000,000+ (a full island) available for purchase today. Beach front plots are priced at AED 350 per ft (beach front) with a payment plan of up to 3 years.

Facilities
  • Eco friendly
  • Property Management
  • Lease Management
  • Restaurants
  • Retail Services
Location
Floor Plans
Related offers
AED 350,000,000
BUA1,000,000 ft2
Price per ft2350 AED
Property typePlot
AreaAl Marjan Island
DevelopmentAl Marjan Island
ID (Ref.No)imex-528778
DeveloperAL MARJAN ISLAND LLC
Primary viewsea view
Secondary viewBeach Full View
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Oleg Lavrik
Agent | BRN: 5201
Language: English, Russian
Office Tel: +971 4 3951911
Tel: +7 903 232 80 80
Tel: +971 50 2528188    
E-mail: oleg@imexre.com
Skype: resident69

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