Rosso Bay Residences: Aldar on Al Marjan Island for 10% Down
Aldar Properties is developing Rosso Bay Residences on Al Marjan Island in Ras Al Khaimah. The project delivers apartments and penthouses across a range from AED 1,500,000 to AED 3,820,000, with construction underway since April 2024 and completion targeted for November 2028. For a buyer entering today, that is roughly two and a half years to handover.
Al Marjan Island and the RAK Waterfront
Al Marjan Island is a waterfront location off the coast of Ras Al Khaimah. The drive from central Dubai is approximately one hour, which makes this a realistic choice for buyers who do not commute to the city daily. On an island address, the water is part of the day-to-day environment rather than a weekend option. The address suits a second-home buyer, a full-time RAK resident, or an investor focused on the Ras Al Khaimah market.
AED 1.5M to AED 3.82M: What the Spread Covers
The AED 2.3 million difference between entry and top of the range reflects the breadth of the unit mix.
One-bedroom apartments start at AED 1,500,000 and measure around 1,011 sq ft. Two-bedroom apartments start at AED 2,630,000 at around 1,345 sq ft. Three-bedroom apartments begin at AED 3,820,000 with sizes around 2,152 sq ft. At the top, four-bedroom penthouses reach 3,272 sq ft.
A buyer at AED 1.5M gets a one-bedroom that works as a rental or a compact personal-use unit. The jump to a two-bedroom at AED 2.63M buys an extra 334 sq ft, bringing the total to a more practical size for extended stays. The three-bedroom at AED 3.82M is family-sized at over 2,000 sq ft. The penthouse, at 3,272 sq ft, sits in its own category.
Who Rosso Bay Suits
One and two-bedroom apartments serve investors and buyers looking for a compact waterfront property. At 1,011 sq ft, the entry one-bedroom works well as a rental or personal-use unit. At 1,345 sq ft, the two-bedroom adds enough space to function as a genuine second home. Three-bedroom apartments and four-bedroom penthouses suit buyers who want the floor area to live full-time or host a family. The mix across the building means the resident base will be varied.
12 Amenities, by Theme
| Category | Amenities |
|---|---|
| Recreation | Community Park, Landscaped Gardens, Children's Play Area, Barbecue Area |
| Health & Fitness | Gymnasium, Well-being and Fitness, Shared Pool |
| Lifestyle | Restaurants, Retail Facilities |
| Services | Valet Parking, CCTV Security, Mosque |
Valet parking is the most service-intensive item in this list and points to a managed, service-led residential environment. The separate listing of 'Well-being and Fitness' alongside 'Gymnasium' suggests two distinct health facilities rather than a single room. The mosque and children's play area indicate the developer expects families and longer-term residents. Restaurants and retail within the development mean residents can meet most daily needs without leaving the island.
Getting In for 10%
| Milestone | Payment |
|---|---|
| Down payment | 10% |
| During construction | 50% |
| At handover | 40% |
The 10% down payment means a buyer at the entry price of AED 1,500,000 commits AED 150,000 to secure a unit. The 50% construction installment is spread across the build period, which runs roughly four years from groundbreak to completion. The 40% at handover is the largest single payment in the schedule: at the minimum price, that is AED 600,000 due in November 2028; at the top of the range, that sum rises to AED 1,528,000.
Handover: November 2028
Construction started in April 2024 and completion is scheduled for November 2028. The build spans four and a half years. A buyer entering today is mid-construction, with roughly two years before the final payment falls due.