Fashion TV Acacia: Al Marjan Island Off-Plan with a Wide Price Window
Fashion TV Acacia is a residential development by BNW Developments on Al Marjan Island, Ras Al Khaimah. The project carries the Fashion TV brand name, applied to a building that spans apartments and penthouses on one of RAK's most prominent waterfront addresses.
Al Marjan Island: RAK's Waterfront Position
Al Marjan Island sits roughly 45 minutes from Dubai Marina by road. That distance places it outside the daily commute range of Dubai's major business districts, which shapes who buys here. The island draws buyers for its waterfront access and the lower price points that a RAK address offers compared to equivalent waterfront product in Dubai.
For an investor, the location argument is about lifestyle-driven demand in a lower-cost emirate. For an end-user, the draw is straightforward: a sea-facing address on a low-density island, at a price point well below comparable waterfront stock in Marina or JBR.
What AED 1.96M to AED 13.39M Means
The AED 1,960,000 to AED 13,390,000 price range spans more than a factor of six. That spread reflects the mix of property types on offer. Standard apartments and full penthouses do not price the same way, and the two ends of this range are not measuring the same product.
At the lower end, apartment buyers are entering the Al Marjan off-plan market at a price that compares well with branded waterfront inventory in Dubai. At the upper end, penthouse buyers are purchasing a different product: larger formats, elevated view positions, and top-floor finish expectations.
Apartments and Penthouses: Two Different Decisions
Apartments suit buyers looking for off-plan access to a branded Al Marjan address with a full amenity package. The entry price opens this to investors entering the RAK market and to lifestyle buyers who want waterfront living at a RAK price point.
Penthouses target buyers who want the full view premium and a larger floor plate. The Fashion TV brand adds a differentiation argument that a generic building address cannot, which is the relevant consideration at the penthouse price level.
Amenities at Fashion TV Acacia
| Theme | Amenities |
|---|---|
| Fitness and Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoor and Landscaping | Landscaped Gardens |
| Family | Children's Play Area |
| On-Site F&B | Restaurants |
| Security | CCTV Security |
The indoor swimming pool stands out in context. Most UAE residential developments offer outdoor pools; an enclosed option extends usability into RAK's cooler winter period and remains practical through the hottest summer months. The on-site restaurant and gymnasium indicate a building positioned for active residential use. The children's play area points to expected family occupancy.
June 2028: Three Years on the Off-Plan Clock
Construction broke ground in June 2025. The expected handover is June 2028, which means a buyer entering today has roughly three years of off-plan exposure ahead. For an investor, that is three years of construction-phase payments before any rental income begins. For an end-user, mid-2028 is the earliest realistic move-in date.
Getting In for 20%
| Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| Handover | 30% |
A 20% down payment matches the standard UAE off-plan market entry requirement. The bulk of the payment obligation falls during construction at 50%, spread across milestone payments through the build. The 30% at handover is the final call, paid at completion. There is no post-handover instalment option, meaning the full purchase price is cleared before keys are handed over.