RESIDENTIAL APARTMENT PLOT | RAS AL KHAIMAH | AL MARJAN ISLAND PENINSULA

Located on the prestigious Al Marjan Island Peninsula, this prime G+19 residential plot offers an exceptional opportunity to build a large-scale apartment development in one of Ras Al Khaimah’s most in-demand waterfront destinations.

With its generous floor area, 2B + G+19 height allowance, and unbeatable location, this plot is ideal for developers looking to deliver luxury residences that capture both end-user and investor demand in RAK’s growing property market.

Property Details

• Location: Peninsula, Al Marjan Island, Ras Al Khaimah
• Plot Area: 100,887.34 sq. ft
• Gross Floor Area (GFA): 453,993 sq. ft
• Height Allowance: 2B + G+19
• Land Use: Residential Apartments
• Selling Price: AED 226,996,500
• Price per GFA: AED 500/sq. ft

This is a rare chance to deliver a landmark residential tower with panoramic sea views.

Why Invest in Al Marjan Island, RAK?

Al Marjan Island is the flagship waterfront destination of Ras Al Khaimah, known for its luxury living, tourism projects, and massive infrastructure investments. With the upcoming Wynn Resorts casino and hospitality projects, the demand for high-quality residential apartments is set to surge.

Key advantages:

• Waterfront living with direct access to beaches and promenades
• Strong rental demand from residents and expats
• Just 45 minutes from Dubai International Airport
• Freehold ownership for international buyers
• Surrounded by luxury resorts, entertainment, and retail

Development Potential

With 453,993 sq. ft of GFA and 2B + G+19 approval, the plot is suited for:

• Residential Towers – Luxury apartments with sea views
• Serviced Residences – Catering to investors and long-stay visitors
• Mixed Residential Complexes – Blending high-rise apartments with lifestyle amenities

Location Benefits

• 5 minutes to Al Hamra Village & Golf Club
• 10 minutes to Ras Al Khaimah City Center
• 20 minutes to Ras Al Khaimah International Airport
• 45 minutes to Dubai International Airport
• Surrounded by high-end resorts, dining, and leisure

Why This Plot Stands Out

• 100,000+ sq. ft prime residential plot on Al Marjan Island
• 2B + G+19 height allowance for iconic apartment towers
• Waterfront location with high ROI potential
• Competitive AED 500/sq. ft GFA pricing
• Positioned in RAK’s most prestigious community

Conclusion – Deliver the Next Residential Icon in RAK

This premium plot offers the perfect setting for a high-rise residential development that captures both the beauty of the Arabian Gulf and the booming demand in Ras Al Khaimah. For developers, it’s a golden chance to establish a legacy project in the UAE’s rising real estate hub.

📞 Contact us today for full investment details, financial breakdowns, or a private site tour.

FAQs

1. Can international investors buy this plot?
Yes, Al Marjan Island offers freehold ownership to international investors.

2. What can I build here?
A high-rise residential apartment tower (up to 2B + G+19) with supporting amenities.

3. Is RAK a good market for apartments?
Yes, growing expat demand and tourism-driven infrastructure make it one of the UAE’s strongest emerging residential markets.

4. How does this compare to Dubai apartments?
Lower entry costs and higher ROI potential, while still being close to Dubai.

5. What’s driving demand in RAK?
Tourism growth, mega projects, and a rising population seeking waterfront lifestyles.