Al Marjan Island isn’t just another place to buy property – it’s quickly becoming the UAE’s next big thing for tourism and investment. This man-made wonder stretches into the clear blue waters of the Arabian Gulf and combines luxury, serenity and modern living. As you think about your next property buy or dream home, Al Marjan Island stands out as a place where waterfront luxury meets smart investment.
What makes Al Marjan Island so special? First, it’s growing as a top destination in Ras Al Khaimah, which has seen massive tourism growth with 1.28 million overnight guests in 2024. The island is just an hour’s drive from Dubai, giving you the perfect balance of being close to the city but far from the noise and crowds. You get all the luxuries of living in luxury while being away from the hustle and bustle of bigger cities.
The island will also be home to the new Wynn resort, opening in 2027 as the largest resort of its kind outside Las Vegas. This big development is already creating a lot of investment and growth in the area, making now the perfect time to buy your piece of this growing paradise.
Whether you want a holiday home, a place to live year round or a smart investment, Al Marjan Island has properties for all tastes and budgets. Let’s look at some of the most exciting apartment developments that could be your next dream home.
Octa Trio Isle
If you love unique buildings and designer interiors, Octa Trio Isle should be at the top of your list. This project stands out with its special “trio effect” idea – with three raised levels, three swimming pools, three restaurants, and three entrance halls.
What makes Octa Trio Isle special is its team-up with Missoni for interior design, bringing Italian fashion style into your living space. You can pick from 1, 2, and 3-bedroom apartments, each with water views and access to over 25 high-end amenities.
The payment plan is made with your needs in mind, asking for only a small down payment to book, with the rest spread across easy payments during building. This flexible approach makes luxury living more doable for you, letting you move into your dream home without money worries.
Ellington Costa Mare
Looking for luxury living by the water? Ellington Costa Mare offers a classy collection of studio, 1, 2, and 3-bedroom apartments. This coastal development presents 900 units over four towers. It offers beautiful design elements and top-notch fun and leisure features. One of the biggest draws is the direct beach access with fancy beach huts – imagine walking straight from your home onto clean sandy beaches.
The payment plan needs a down payment, with more paid during building and the rest when you get your keys. With finishing planned for Q3 2028, you have time to plan your investment while watching your property value grow as the project moves forward.
Pelagia by BnW
If you’re after top-level luxury apartments with amazing views, Pelagia by BnW offers waterfront 1, 2, and 3-bedroom apartments.
This 13-story building mixes great design with peaceful natural surroundings. You’ll enjoy many world-class features including a private beach, infinity pools, a modern gym, pretty gardens, and top-level eating spots.
With 24/7 security, helper services, and special waterfront experiences, Pelagia offers a complete luxury lifestyle package. The handover is expected in Q4 2027. The great location gives you easy access to Ras Al Khaimah’s main areas, airports, and business centers.
Uno Luxe
Need a balance between luxury and wallet? Uno Luxe offers fully furnished studio, 1, and 2-bedroom apartments. Built by WOW Developers, these 89 units are made to JW Marriott standards, ensuring quality furnishings and finishes throughout. The payment plan lets you book with a small down payment and pay the rest in easy installments, making this a good choice for first-time buyers or investors.
Located in the special community of Al Marjan Island, Uno Luxe offers clean beach access, nearness to luxury resorts, and a lively lifestyle. With handover expected in Q4 2027, this property you fully own presents a great chance for waterfront living with high potential for good returns and value growth.
Fortune Bay Residences
Fortune Bay Residences offers 1, 2, and 3-bedroom apartments with a prime spot next to the upcoming Wynn Casino. This project by Topero Properties features homes facing the island, smartly fitted with luxury features.
You can secure your unit with just a small down payment, followed by more during building and the rest at handover. This buyer-friendly payment plan makes it easier for you to invest in a property at one of Al Marjan Island’s most wanted spots.
The development includes 99 one-bedroom units, 63 two-bedroom units, and 18 three-bedroom units, giving options for different family sizes and investment plans. With handover expected in Q4 2026, this is one of the earlier finish dates among the luxury developments on the island.
Manta Bay Phase 2
Investors looking for strong returns should think about Manta Bay Phase 2, which offers an expected return of 10-12%. This project by Major Best Real Estate features luxury waterfront studio, 1, and 2-bedroom apartments.
What makes this project especially attractive is its payment plan, where you pay part during building and part after getting your keys. This setup eases your money burden while letting you potentially start earning rental income before finishing your payments.
Well-equipped with high-end features and located in an area of Al Marjan Island you can fully own, Manta Bay Phase 2 is scheduled for handover in Q2 2027, making it a medium-term investment with excellent potential for value growth.
One Central
One Central by Pantheon offers some of the most wallet-friendly options for sea-facing luxury apartments on Al Marjan Island. This project features studio, 1, and 2-bedroom apartments next to the new Wynn Resort.
With only 312 units for sale, this is a rare chance to own property in a high-demand location. The payment plan asks for a down payment, followed by more during building and the rest after handover in easy installments.
Located in Ras Al Khaimah, One Central gives you easy access to high-class facilities including a modern gym, swimming pool, and garden areas. With the Wynn Resort nearby, you’ll enjoy quiet living with easy access to world-class fun options.
Sunshine Bay
Sunshine Bay is a 12-story beautiful gem offering 240 premium apartments with rich interiors and high-end finishes. Built by Source of Fate Properties, this project features studio, 1, and 2-bedroom units.
You can secure your dream home with just a small down payment, followed by more during building, some at handover, and the rest after handover within 24 months. This stretched-out payment schedule makes luxury living more doable, letting you spread payments over a longer time.
The wide-open Gulf views are a major selling point, along with the prime location in the heart of Al Marjan Island. With handover expected in Q1 2027, Sunshine Bay offers an ideal mix of luxury, location, and investment potential.
Why Buy Apartments in Al Marjan Island Now?
There’s never been a better time to secure your place on Al Marjan Island. The area is seeing big growth, with major developments like the Wynn resort driving big increases in property values. Recent developments include Range Developments’ Island Heights, launched in April 2025, featuring 165 carefully designed units just 90 yards from the shoreline and four minutes from the future Wynn resort.
Also, the hotel industry is growing on the island, with Rove Hotels recently opening Rove Al Marjan Island in April 2025, featuring 441 stylish rooms with private beach access. This further makes the island more appealing as a tourist spot and rental investment opportunity. But after all, returns matter. Having a clear picture of apartments ROI in Al Marjan Island, you can more understand its potential.
| Apartment Type | ROI |
|---|---|
| Studio | 7.54 % |
| 1-Bed | 5.48 % |
| 2-Bed | 2.84 % |
| 3-Bed | 1.45 % |
The above ROI data also gives the answer to another question: “Why Invest in Al Marjan Island?” It is a place where you can fully own property with zero taxes, Al Marjan Island offers big advantages for international investors. The properties here promise value growth and attractive rental yields, especially as tourism in Ras Al Khaimah continues to grow year after year.
Making Your Choice
When picking your perfect apartment on Al Marjan Island, think about factors such as:
- Budget and payment plans - The developments offer various price points and payment structures to fit different money situations
- Size needs - From cozy studios to roomy three-bedroom apartments and fancy penthouses
- Features - Each development offers unique perks, from designer interiors to private beaches
- Timeline - Handover dates range from late 2026 to 2028, so think about your timeline for moving or starting to earn rental income
- Investment potential - Some developments clearly highlight expected returns, while others focus on lifestyle benefits.
Al Marjan Island represents not just a home purchase but an investment in a lifestyle and a fast-growing asset. With its stunning natural beauty, great location, and world-class developments, your apartment here will provide both personal enjoyment and financial rewards for years to come.
Ready to take the next step toward owning your dream waterfront apartment? These properties won’t stay available for long as more investors see the incredible potential of Al Marjan Island. Contact us today to schedule viewings and secure your piece of this island paradise.
