What is the starting price of apartments at Park Beach Residences?

The starting price for buying apartments at Park Beach Residences on Al Marjan Island is AED 900,000 ($254,030). This price point presents an attractive investment opportunity in property on Al Marjan Island.

When is the handover date for property at Park Beach Residences Al Marjan Island?

The handover date for property at Park Beach Residences on Al Marjan Island is scheduled for Q2 2027.

What payment plans are available for buying an apartment at Park Beach Residences?

Park Group offers a unique 50/50 payment plan with a three-year post-handover period, making it the only project on Al Marjan Island with this option. Buyers pay 50% during the construction phase and the remaining 50% over three years after handover, easing financial management.

Park Beach Residences on Al Marjan Island, Ras Al Khaimah

Located on Al Marjan Island, Ras Al Khaimah, Park Beach Residences by Park Group offers luxury living with its selection of studios, one-bedroom, and two-bedroom apartments. Starting at 900,000 AED (approximately 254,030 USD), this development epitomizes modern coastal living with contemporary designs and premium amenities.

The apartments at Park Beach Residences Al Marjan Island feature ultra-modern finishes and spacious layouts, designed for both luxury and functionality. Residents can enjoy a range of amenities, including a state-of-the-art gym, infinity pool, children's play area, BBQ area, and retail outlets. On-site conveniences such as daycare, a café, laundry services, a pharmacy, and a gaming area ensure daily necessities are within easy reach.

Park Beach Residences' architecture harmonizes with the natural beauty of Al Marjan Island, providing panoramic views of the Arabian Gulf. This development promotes a lifestyle of elegance and tranquility, ideal for those seeking a serene yet sophisticated living environment.

As an attractive investment opportunity, Park Beach Residences offers a unique 50/50 payment plan, allowing buyers to pay 50% during the construction phase and the remaining 50% over three years post-handover. This flexible payment option, exclusive to Park Beach Residences on Al Marjan Island, simplifies financial management for investors.

The handover date for properties at Park Beach Residences Al Marjan Island is scheduled for Q2 2027, allowing buyers to plan their investments and occupancy accordingly.

Renders may look slightly different than real life photos

Studio

1-Bedroom

2-Bedroom

Al Marjan Island, a premier destination in Ras Al Khaimah, is renowned for its pristine beaches, luxurious resorts, and well-developed infrastructure. Spanning 4.5 kilometers into the sea and covering an area of 2.7 million square meters, the island features four distinct sub-islands: Breeze Island, Treasure Island, Dream Island, and View Island. Each offers unique experiences and amenities, making Al Marjan Island a diverse and vibrant community.

The island is home to several world-class resorts, including Rixos Bab Al Bahr, Marjan Island Resort & Spa, DoubleTree by Hilton, and the upcoming Wynn Al Marjan Island, which will host the UAE's first casino. This array of luxurious accommodations makes Al Marjan Island a top choice for tourists seeking opulence and leisure.

Residents and visitors can enjoy various recreational and leisure facilities, such as shopping malls, healthcare centers, and entertainment options. The island is ideal for water sports and beach activities, with facilities that include a fitness center, swimming pools, landscaped gardens, children’s play areas, and more.

The strategic location of Al Marjan Island offers easy connectivity to major areas. Al Amwaj Street provides access to Al Marjan Island Boulevard and onwards to Sheikh Mohammed Bin Salem Road, connecting the wider points of Ras Al Khaimah. Ras Al Khaimah International Airport is approximately 25 minutes away, while Dubai is reachable within an hour.

Additionally, Al Marjan Island’s well-planned infrastructure supports a growing number of residents and tourists, contributing to the island's economic appeal. The diverse real estate options, from luxury branded residences to investment properties, ensure robust returns and consistent value growth, making it a compelling destination for investors.

For investors, Al Marjan Island offers compelling economic appeal with its well-developed infrastructure and increasing visitor numbers. Apartments on Al Marjan Island are known for strong returns and consistent value growth.

In terms of Return on Investment (ROI), apartments on Al Marjan Island yield attractive returns. One-bedroom apartments on the island generated an average annual rental yield of 6% as of the end of 2023, with annual rentals starting from AED 30,000 ($8,000). For investors looking to resell, the anticipated profit margin ranges between 15-20%, particularly for properties purchased in premium developments such as Park Beach Residences.

Furthermore, the introduction of the Wynn Al Marjan Island, which will feature the UAE’s first casino, is expected to significantly boost tourism and property values, offering investors even higher potential returns in the future.

Overall, the combination of strong rental yields, promising resale profits, and increasing tourist attractions makes investing in Al Marjan Island a lucrative opportunity.