Address Residences Al Marjan Island: Emaar Brings Its Hotel Brand to Ras Al Khaimah
The Project and the Developer Behind It
Emaar Properties needs little introduction. The developer behind Downtown Dubai and the Burj Khalifa has now turned its attention to Ras Al Khaimah, bringing the Address Hotels brand to Al Marjan Island. That matters. Address Residences are branded properties, which means buyers are not just purchasing an apartment or townhouse. They are buying into a managed hospitality product with an established brand identity.
This is a relatively new concept for RAK, and Emaar's entry signals genuine confidence in the emirate's growth trajectory.
Al Marjan Island: What Living Here Actually Means
Al Marjan Island is a man-made archipelago extending into the Arabian Gulf from Ras Al Khaimah's coastline. It has become the most talked-about address in RAK, partly because of the upcoming Wynn Al Marjan Island casino resort, which is set to open nearby and has drawn significant investor attention to the area.
For end-users, the island offers a low-density, beachfront lifestyle that is genuinely difficult to find at this price point anywhere else in the UAE. The drive to Dubai takes roughly 60 to 75 minutes depending on traffic, which makes this primarily a destination in itself rather than a commuter base. Buyers who come here are choosing a different pace. For investors, the island's profile is rising fast, and branded residences from operators like Address tend to attract stronger short-term rental yields than generic builds in the same location.
Apartments and Townhouses: Different Buyers, Same Address
Apartments here will suit investors targeting the short-let market. The Address brand carries strong occupancy rates in its managed properties, and a well-placed apartment in a hotel-branded building on Al Marjan Island is a credible income-producing asset.
Townhouses appeal to a different profile entirely. Families or buyers wanting a second home with more space and privacy will gravitate here. The townhouse format on an island development also tends to hold value well, since supply is naturally constrained by land availability.
What the Amenities Say About This Project
| Theme | Facilities |
|---|---|
| Water and Beach | Beach Club, Shared Pool |
| Wellness | Shared Spa, Yoga Room, Well-being and Fitness |
| Family | Children's Play Area |
| Security | 24-hour Security |
The yoga room and dedicated well-being centre, alongside a full spa, point toward a resident who treats health and recovery as part of daily life rather than an afterthought. The Beach Club is the standout here. In a branded Address property, that is not a sunbed on sand. It is a managed hospitality facility that typically includes food and beverage service and structured programming. For a second-home buyer or a short-let investor, it is a genuine differentiator.
A 2028 Completion: Timing the Entry
Construction started in January 2024, with expected handover in March 2028. That gives a buyer entering now roughly four years of off-plan holding time. For an investor, that window allows the RAK market to mature further before the asset becomes operational, which is broadly positive given the current direction of the island's development pipeline.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down payment | 10% |
| During construction | 80% |
| On handover | 10% |
A 10% down payment is at the low end of what the UAE off-plan market typically asks. On an AED 1.8 million unit, that is AED 180,000 to secure the property. The bulk of the payment, 80%, is spread across the construction period, which typically means staged installments tied to build milestones. The remaining 10% falls at handover in 2028. There is no post-handover payment plan, so buyers should plan for the final installment to land at key collection. For cash-flow planning purposes, the construction-phase payments are the period to model carefully.