Playa Viva, Al Marjan Island
UniEstate's Waterfront Apartment Project in RAK
Playa Viva is a residential apartment project by UniEstate, located on Al Marjan Island in Ras Al Khaimah. The island sits off the RAK coastline, extending into the Arabian Gulf, and is roughly 50 to 60 minutes from central Dubai by road. It is a genuinely waterfront address, with the Gulf on multiple sides, and that shapes both the living environment and the pricing case for buyers comparing it against Dubai's coastal market.
What This Address Means Day to Day
Al Marjan Island is a quieter setting than most established Dubai communities. The water is the defining feature: the island is man-made, surrounded by the Gulf, and the visual environment reflects that. On a practical level, RAK city center is a short drive away for daily needs. Dubai is accessible for work or leisure, but at 50 to 60 minutes by road, it functions more as a destination than a daily commute.
For owner-occupiers, this trade-off is central to the decision. You get a genuine seafront environment at a lower price than Dubai's comparable coastal locations, but you are committing to a quieter, more self-contained lifestyle. For investors, the RAK price floor sits meaningfully below Dubai's waterfront equivalent, which is the primary draw for buyers running yield calculations on entry cost.
AED 1.1M to AED 3.1M: What the Spread Tells You
Prices at Playa Viva run from AED 1,130,315 to AED 3,142,434. That is nearly a three-to-one spread within a single apartment project. The spread reflects a significant difference in unit size, floor level, or orientation. Buyers at the lower end are likely looking at compact configurations suited to an investment purchase or a first buy. The upper range targets buyers who want meaningful space, likely a larger bedroom count and a high floor with an unobstructed view across the Gulf.
The spread signals a project designed to capture multiple buyer profiles. A buyer at AED 1.1M and a buyer at AED 3.1M are making fundamentally different decisions about how they plan to use the property.
Apartments in Multiple Sizes
All units at Playa Viva are apartments. The wide price range across a single property type confirms a range of sizes: compact entry-level units at one end, larger configurations suited to families or buyers seeking a primary waterfront residence at the other.
The Amenity Set and What It Signals
| Category | Amenities |
|---|---|
| Fitness and Wellness | Gymnasium, Yoga Room, Shared Spa |
| Sport | Tennis Courts |
| Leisure and Social | Cinema, Barbecue Area |
| Outdoor and Water | Infinity Pool, Landscaped Gardens, View of Water |
Nine amenities, spread across wellness, sport, leisure, and outdoor categories, point to a project aimed at residents who want their day-to-day lifestyle served on-site. The yoga room and shared spa together signal a wellness orientation that goes beyond a basic gym setup. A cinema adds a social layer that does not require a trip off the island. The infinity pool with a water view is the most direct expression of what the Al Marjan Island address delivers: the amenity and the setting reinforce each other in a way that makes the outdoor spaces genuinely distinctive.
Near or at the Handover Point
Construction at Playa Viva began in May 2025, with a scheduled completion of 31 January 2026. That date has now passed. The project is at or past its original handover milestone. For buyers entering now, the uncertainty associated with a long off-plan construction wait is behind them.
Getting In for 20%: A 59% Post-Handover Structure
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 20% |
| Handover | 1% |
| Post-handover | 59% |
The down payment is 20%. The defining feature of this plan is the 59% post-handover portion. A buyer secures the unit with 20%, pays a further 20% during construction, and hands over just 1% at the point of receiving the keys. The remaining 59% follows after possession.
For a buyer at AED 1,130,315, the pre-handover payments total around AED 463K, with approximately AED 667K to follow after keys. At the upper end of AED 3,142,434, the buyer takes possession having paid around AED 1.29M, with AED 1.85M due post-handover. This structure extends the cash flow window well past the point of possession, giving investors time to generate rental income before the majority of the payment obligation falls due.
