Shoreline by Damac on Al Marjan Island
Damac Properties is developing Shoreline on Al Marjan Island in Ras Al Khaimah. Construction started in September 2024, and the project delivers apartments and townhouses on a reclaimed island off the RAK coastline.
Al Marjan Island: What the Setting Delivers
Al Marjan Island sits off the coast of Ras Al Khaimah, roughly 45 minutes from Dubai International Airport and around 25 minutes from RAK city centre. As a reclaimed island, it is surrounded by water on multiple sides, which means the beach access and sea views here are a function of the geography, not just amenities added to a standard apartment block.
For buyers based in Dubai, this is a second-home or investment destination, with the airport drive as the main practical consideration. For buyers relocating to RAK, Al Marjan offers a coastal island setting. The commute to Dubai's employment centres along the main highway corridor runs roughly an hour in normal traffic.
The Price Is AED 4.48 Million
Both the minimum and maximum listed price are AED 4,482,000. There is no spread between the two figures. Buyers are evaluating a single price point, not a range.
Two Formats, Two Buyer Profiles
Shoreline offers apartments and townhouses. Apartments are lower-maintenance and well-suited to investors or buyers who will spend limited time in residence. Townhouses offer more floor area and private outdoor space, making them more practical for families or buyers who intend the property as a primary or extended-stay home. On an island development with direct beach access, the townhouse format adds meaningful private outdoor space beyond the shared facilities.
What Seven Amenities Reveal
| Category | Facilities |
|---|---|
| Recreation | Golf Course, Indoor Swimming Pool, Children's Pool, Gymnasium |
| Beach & Waterfront | Beach Access, View of Water |
| Dining | Restaurants |
The golf course stands out. On-site golf at a residential island development is uncommon, and it signals a resort-lifestyle positioning that goes beyond a standard beach apartment. Paired with direct beach access and water views built into the island setting, the full amenity set targets a resident who wants daily leisure access. The children's pool and gymnasium make the package functional for families, not just lifestyle investors.
July 2028 Completion
Construction began in September 2024, with expected completion in July 2028. That is roughly two years from now. Off-plan buyers entering today are buying into a four-year build cycle with around two years remaining.
The gap matters for investment calculations: rental yield begins at handover, not at purchase.
Getting In at 20%
| Payment Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| Handover | 30% |
At AED 4,482,000, the 20% down payment is AED 896,400. That is the cash required to enter the contract. The construction phase accounts for 50% of the total (approximately AED 2.24M), paid in instalments over the build period. The remaining 30% (AED 1.34M) falls due at handover.
There is no post-handover payment plan, so the full purchase price is settled on delivery. Buyers using mortgage finance to fund the final payment need that facility arranged before the July 2028 completion date.