Address Residences
About Address Residences
(sq. ft.)
Buy Property in Address Residences
Address Residences, Al Marjan Island
Listing by
Metropolitan Premium Properties
Address Residences, Al Marjan Island
Listing by
Rita Stanila
Address Residences, Al Marjan Island
Listing by
Jamal Khalil
Address Residences, Al Marjan Island
Listing by
Ashid Balakrishnan
Address Residences, Al Marjan Island
Listing by
Ashid Balakrishnan
Address Residences, Al Marjan Island
Listing by
Ashid Balakrishnan
Address Residences, Al Marjan Island
Listing by
Tatiana Gadzhikurbanova
Address Residences Al Marjan Island is a high-end development by Emaar Properties on View Island on the prestigious Al Marjan Island in Ras Al Khaimah. The development comes in collaboration with the high-end Address Hotels + Resorts. You can become a proud owner of one of the 1-3 bedroom apartments, 2-3 bedroom townhouses, two 4-bedroom penthouses and half floors.
The property sizes range from 650 sq. ft to 2,900 sq. ft. Each property has a balcony or a terrace, a laundry room and built-in wardrobes in the master suites. At the same time, the townhouses and penthouses are complemented with a utility room and a storage room.
In April 2024, the newest phase of the complex was announced. This phase features 3-storey 3-bedroom townhouses and 1-2 bedroom apartments. For more information, please register your interest on our website.
Living in Address Residences on Al Marjan Island grants you access to an extensive range of unparalleled amenities, designed to enhance your lifestyle and provide endless enjoyment. Indulge in:
- Beach promenade
- Gym
- Padel tennis court
- Volleyball and water sports
- Infinity swimming pool
- Children’s play area
- Spa
- The Restaurant at Address
- 2 specialty dining outlets
Property Information
- Location Al Marjan Island, Ras Al Khaimah, UAE
- Developer Emaar
- Status of Project In progress
- Type of Project Residential Tower, Townhouses
- Units 1-2BR Apartments, 3BR Townhouses
- Area from 661 sq. ft.
- Total Amount of Units Building 4 180
- Total Amount of Units Building 5&6 441
- Payment Plan 90/10
Floor Plans of Address Residences
Apartment
Type:
1 Bedroom
Total Area:
661 sq. ft.
Starting Price:
1,740,000 AED
Apartment
Type:
2 Bedrooms
Total Area:
1,145 sq. ft.
Starting Price:
3,220,000 AED
Townhouse
Type:
3 Bedrooms
Total Area:
2,459 sq. ft.
Starting Price:
7,890,000 AED
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
1 Bedroom | Apartment | 661 sq. ft. | 1,740,000 AED | |
|
1 Bedroom | Apartment | 853 sq. ft. | Ask for Price | |
|
1 Bedroom | Apartment | 1,056 sq. ft. | Ask for Price | |
|
|
2 Bedrooms | Apartment | 1,145 sq. ft. | 3,220,000 AED | |
|
2 Bedrooms | Apartment | 1,259 sq. ft. | Ask for Price | |
|
2 Bedrooms | Apartment | 1,611 sq. ft. | Ask for Price | |
|
|
3 Bedrooms | Townhouse | 2,459 sq. ft. | 7,890,000 AED | |
|
3 Bedrooms | Townhouse | 2,770 sq. ft. | Ask for Price |
Property Prices at Address Residences Al Marjan Island
As of April 2024, the initial cost for a 1-bedroom apartment and a 3-bedroom townhouse is AED 1.74M (USD 474K) and AED 7.89M (USD 2.14M).
*The price is valid for 2024
Payment Plan
Location of Address Residences Al Marjan Island
Thanks to its strategic location near Sheikh Mohammed Bin Salem St, the complex offers exceptional connectivity to the surrounding areas. This means that residents can easily access key destinations such as Ras Al Khaimah International Airport and the vibrant emirate of Dubai. In just a short 30-minute drive, you can find yourself at the airport, ready to embark on your next adventure. And if you’re in the mood for a day trip or a night out in Dubai, it’s just an hour away, allowing you to explore all the exciting attractions and experiences that the city has to offer.
It will take approximately 10 minutes by car to reach various amenities such as kindergartens, supermarkets, nurseries, shopping centres, and more. Among them are:
- AlJazeera Supermarket
- Al Maya Supermarket
- Al Ghadeer Kindergarten: 9011
- Little Treasures Nursery (accepting children from 3 months – 4 years old)
- RAK Academy – British School Al Hamra – BSH (Early Years and
- Primary School with the British curriculum)
- Al Jazeerah Al Hamra Cultural Sports Club
- Al Hamra Golf Club
- Al Hamra Mall
Economic Appeal of Address Residences Al Marjan Island
While the complex is off-plan, you can take advantage of a 90/10 payment plan which includes a 10% booking fee. During construction and upon estimated completion in Q1 2028, instalments of 80% and 10%, respectively, must be paid.
Excitingly, by 2027, Al Marjan Island will become home to the country’s first-ever casino, further boosting the local tourism sector. This captivating casino will be situated in Wynn Al Marjan Island, which is set to be the Middle East’s first Wynn Resorts-branded development. As a result, residences at Address Residences Al Marjan Island are likely to be in strong demand as short-term rentals by those visiting the casino and the resort itself.
Moreover, the return on investment (ROI) in properties on Al Marjan Island typically averages around 6%. The initial rental cost for properties on the island is AED 38K (USD 10K) per annum, ensuring that you can generate a respectable passive income from your investment.
*The price is valid for 2024
FAQ
Emaar Properties is the developer of the complex.
It is located on View Island, Al Marjan Island in Ras Al Khaimah.
You can become a proud owner of one of the 1-3 bedroom apartments, 2-3 bedroom townhouses, two 4-bedroom penthouses and half floors.
It is due for completion in Q1 2028.
While the complex is off-plan, you can take advantage of a 90/10 payment plan which includes a 10% booking fee. During construction and upon completion, instalments of 80% and 10%, respectively, must be paid.
As of April 2024, the initial cost for a 1-bedroom apartment and a 3-bedroom townhouse is AED 1.74M (USD 474K) and AED 7.89M (USD 2.14M).
Yes, you can get residency in this case.
You and your family can obtain a 2-year a 10-year visa.
Any nationality can buy property here as the complex is freehold.
It is a great investment, as the return on investment (ROI) in properties on Al Marjan Island typically averages around 6%. The initial rental cost for properties on the island is AED 38K (USD 10K) per annum, ensuring that you can generate a respectable passive income from your investment.
It will be great for those who want to experience the finest branded offerings by Address Hotels+Resorts in a private home next to the Arabian Gulf.
Al Marjan Island offers easy access to academic institutions, supermarkets, and other essential facilities within a 10-minute drive. These include AlJazeera Supermarket, Al Maya Supermarket, and Al Ghadeer Kindergarten: 9011, among others.
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Metropolitan Premium Properties
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