Aquino on Al Marjan Island: Apartments by BNW Developments
BNW Developments is building Aquino on Al Marjan Island in Ras Al Khaimah. The developer broke ground in April 2025, with handover targeted for June 2027. The project offers apartments only, priced from AED 1.63 million to AED 4.96 million. That range tells a specific story about how Aquino is positioned on the island.
What AED 1.63M to AED 4.96M Actually Covers
AED 1.63 million is the entry point. AED 4.96 million is the ceiling. That is a gap of more than three times. On a waterfront island project, this kind of spread reflects differences in unit size, floor height, and Gulf orientation. A buyer at the lower end is securing an Al Marjan Island address with a compact unit, likely on a lower floor. A buyer toward the upper end is paying for substantially more space, a higher floor, and a clearer water view. These are meaningfully different products sharing a building, so your budget position shapes the experience considerably.
What Al Marjan Island Delivers
Al Marjan Island is a waterfront development in Ras Al Khaimah, built on a series of interconnected artificial islands extending into the Arabian Gulf. It is a standalone island community, not a mainland suburb, with water access on multiple sides. For residents, the island has retail, food and beverage, and hotel infrastructure built in. Most daily needs can be met without leaving the island.
Commute context matters for buyers assessing this as a primary home. RAK city centre is about 20 minutes by car. Dubai is roughly 50 to 60 minutes via Emirates Road, depending on traffic. Al Marjan works well as a primary residence for those working in or near RAK, or as a weekend retreat for those based in Dubai. Daily commuting to Dubai from here is demanding over the long run.
Amenities: Built for Full-Time Living
| Category | Facilities |
|---|---|
| Fitness & Wellness | Gymnasium, Indoor Swimming Pool |
| Outdoor Living | Landscaped Gardens, Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
Aquino has six amenities. The indoor swimming pool is the detail that defines the building's character. On a waterfront site, an indoor pool signals year-round usability. The children's play area and landscaped gardens position this squarely in the family segment. In-building restaurants reduce daily reliance on off-island dining. Taken together, the amenity set favours residents who plan to live here full-time, not occasional users.
10 Months to Handover
Construction started April 2025. Expected handover is June 2027. That is a 26-month build programme. More than 15 months have elapsed as of mid-2026. Roughly 10 to 11 months remain. For a buyer entering now, the off-plan wait is substantially shorter than at launch, and the build is well underway. The remaining period covers the finishing phases before handover. Less time between commitment and keys also means less time with capital tied up in instalments.
20% Down, 20% After Keys
| Stage | % of Purchase Price |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| At handover | 20% |
| Post-handover | 20% |
20% down is the entry requirement. The construction phase draws another 40%, spread across the remaining months to June 2027. 20% falls due at handover. The final 20% is post-handover, paid after the keys are in hand. That post-handover tranche reduces the capital required at key collection. Buyers who plan to lease from day one can start generating rental income before the final payment is due, which improves early cash flow in the first months of ownership.