Manta Bay: Island Apartments in Ras Al Khaimah from AED 1.3M
Manta Bay is a residential development by Major Developers on Al Marjan Island in Ras Al Khaimah. The project covers studios, one-bedrooms, and two-bedrooms, with construction under way since April 2024 and a target handover of June 2027. A 5% down payment secures a unit off-plan.
Al Marjan Island: What the Address Means Day to Day
Al Marjan Island is a man-made archipelago extending into the Arabian Gulf from the western coast of Ras Al Khaimah, approximately 45 minutes by road from Dubai Marina. The island has water frontage on multiple sides and connects to mainland RAK via a short causeway. The Emirates Road runs along the mainland coast and provides direct access south to Dubai and north to RAK city centre.
For a resident, the practical reality is Gulf proximity and a lower-density environment than Dubai's built-up districts. The drive to Dubai is achievable but is a genuine daily time commitment. Day-to-day life is shaped by what is on the island and nearby on the RAK coast rather than by access to Dubai's commercial hubs.
Manta Bay sits within the island itself. Being on Al Marjan rather than on the RAK mainland means water access is a constant feature of the address, not a marketing shorthand for a nearby coastline.
AED 1.3M to AED 3.3M: Three Distinct Tiers
The AED 2M price spread reflects bedroom count, not floor or view differences. The tiers do not overlap.
Studios start at AED 1,300,000, with listed layouts at around 525 sq ft. One-bedroom apartments start at AED 1,700,000; listed layouts run from 1,134 sq ft to over 2,100 sq ft, a notably wide range within a single bedroom tier. Two-bedroom apartments start at AED 3,300,000.
The studio entry targets investors and buyers seeking a Gulf-facing address at the lower end of the capital range. One-bedrooms offer more space for a moderate step up in price. Two-bedrooms suit families and buyers prioritising larger living space for longer-term occupancy. The AED 1.6M gap between one-bed and two-bed entry is the sharpest step in the range.
All Apartments, Multiple Layouts
Every unit is an apartment. Studios and compact one-bedrooms fit investors targeting shorter-stay demand. Larger one-bedrooms and two-bedrooms suit end-users or investors focused on longer-term tenancy and family occupancy.
Multiple layout types are available within each tier. In the one-bedroom category, listed floor areas run from 1,134 sq ft to over 2,100 sq ft across the different types, so buyers in that tier have meaningfully different options to weigh.
Amenities: Practical Depth Across Five Groups
| Category | Facilities |
|---|---|
| Fitness | Gymnasium, Well-being and Fitness |
| Outdoor & Social | Shared Pool, Landscaped Gardens, Barbecue Area, Children's Play Area |
| On-Site Services | Valet Parking, Security, Restaurants, Retail Facilities, Mosque |
Eleven amenities across five functional groups. The mosque and in-building retail signal a project built for permanent residents rather than short-stay occupants. Valet parking adds a service dimension to the on-site offer. The children's play area and barbecue space suggest a family-oriented resident community, and the overall breadth of facilities supports residents who prefer most day-to-day needs met within the building.
June 2027: Into the Final Year of Construction
Construction began in April 2024. The target completion is June 2027, roughly one year away for a buyer entering in mid-2026.
The project is over two years into its three-year build window. Early-stage construction risk is behind it. You are buying off-plan, but into a well-progressed project with a defined endpoint rather than one at ground-breaking stage.
Getting In for 5%
| Payment Stage | Percentage |
|---|---|
| Down payment | 5% |
| During construction | 55% |
| At handover | 40% |
5% is due on booking. On a studio at AED 1,300,000, that is AED 65,000 upfront. The remaining 55% spreads across construction instalments through to completion, with 40% settling at handover.
With a June 2027 handover target, buyers entering in mid-2026 have roughly 12 months of construction payments ahead before the handover instalment falls due. The handover tranche is the largest single payment: a two-bedroom buyer at AED 3,300,000 clears AED 1,320,000 at completion. The full purchase price settles at handover with no post-handover instalment option.