Which developer is implementing this property in Ras Al Khaimah?

The Residences at Sheraton Al Marjan Island Resort is being developed by Atara Development in partnership with the Sheraton brand. It is an 18-storey tower on the seafront, combining 141 residential residences and 318 hotel rooms, directly connected to the existing Sheraton Al Marjan Island Resort.

What properties are on offer at The Residences at Sheraton Al Marjan Island Resort?

The project offers studios and one- and two-bedroom apartments. The size of these properties in Ras Al Khaimah ranges from 725 sqft (67 m²) to 1142 sqft (106 m²).

How much does it cost to live in The Residences at Sheraton Al Marjan Island Resort?

Prices for these apartments on Al Marjan Island have not yet been announced.

What interest-free payment plan does Atara Development offer?

Buyers of this property on Al Marjan Island can take advantage of a 70/30 interest-free payment plan with a 5% down payment.

The Residences at Sheraton Al Marjan Island Resort

The Residences at Sheraton Al Marjan Island Resort is a residential development by Atara Development on the seafront of Al Marjan Island in Ras Al Khaimah. It will be connected to the existing Sheraton resort, so residents of apartments at The Residences at Sheraton Al Marjan Island Resort will be able to use part of the hotel infrastructure. The residential development consists of 18 floors, with studios and 1 and 2 bedroom apartments.

The design of The Residences at Sheraton Al Marjan Island Resort is centred around the sea view. Large windows, stained glass and wide balconies allow you to admire the Arabian Gulf directly from these apartments on Al Marjan Island. Inside, bright interiors in natural tones, natural wood finishes, stone details, thoughtful lighting and convenient built-in wardrobes are planned.

The Residences at Sheraton Al Marjan Island Resort will offer studios from 725 sqft (67 m²), one-bedroom apartments from 968 sqft (90 m²) and two-bedroom apartments from 1142 sqft (106 m²). The layouts of these properties in Ras Al Khaimah include a spacious kitchen-living room, a workspace, a storage area or a separate corner for children.

Residents of properties at The Residences at Sheraton Al Marjan Island Resort will have a separate entrance and lobby, their own lifts and two levels of underground parking.

The development will feature a private sandy beach, several swimming pools, including a rooftop infinity pool and a children's pool, a large gym, and a yoga and Pilates studio. The spa complex will include a hammam, sauna, and steam rooms.

For children and teenagers, there will be playrooms and outdoor playgrounds, and for adults, there will be a lounge, a bar with billiards, a golf simulator, and a co-working space with meeting rooms. The internal infrastructure will be complemented by restaurants, a sky lounge, and evening entertainment with a club atmosphere.

Atara Development offers a 70/30 interest-free payment plan with a 5% down payment for buying property at The Residences at Sheraton Al Marjan Island Resort. Construction of these apartments on Al Marjan Island is scheduled for completion in Q3 2028.

Renders may look slightly different than real life photos

Studio

1-Bedroom

2-Bedroom

Al Marjan Island is an artificial island district in the emirate of Ras Al Khaimah in the north of the UAE. The coral-shaped islands extend into the Arabian Gulf for approximately 4.5 kilometres and provide several kilometres of well-maintained beaches with soft sand. It is about a 10-minute drive to the centre of Ras Al Khaimah and approximately 45 minutes to Dubai International Airport via the motorway.

Al Marjan Island combines a resort atmosphere with socially important infrastructure in the surrounding area. The Al Hamra Village area is just a few minutes' drive away. It is home to the Al Hamra Golf Club, the Al Hamra Marina & Yacht Club and the large Al Hamra Mall. The mall has supermarkets, clothing and electronics stores, a cinema and a food court with cafes and restaurants. The island itself has large resorts, such as the DoubleTree by Hilton Resort & Spa Marjan Island and Marjan Island Resort & Spa, which feature beach clubs, spas, bars, and restaurants. You can also enjoy water sports there, such as kayaking, stand-up paddleboarding, or yachting.

For medical care, residents of properties on Al Marjan Island most often use the services of RAK Medical Centre Al Hamra in the neighbouring Al Hamra district and the large RAK Hospital in the city. This is a multi-speciality hospital, one of the main ones in the emirate. There are also good educational institutions near Al Marjan Island. Al Hamra and other areas of the city have international schools, including RAK Academy British School Al Hamra with a British curriculum, as well as other campuses of RAK Academy and the International School of Choueifat.

Al Marjan Island offers a wide range of amenities for living and leisure: promenades, beaches with water activities, restaurants and hotel lounges, outdoor activities and events. At the same time, a golf club, marina, shopping centre and entertainment at Al Hamra are close by, and the journey to the business and cultural locations of Ras Al Khaimah takes up to half an hour.

In recent years, property on Al Marjan Island has increased significantly in value. In 2024, the average price of apartments on Al Marjan Island rose by approximately 33.3% compared to the previous year, and in 2025, the growth rate is estimated at around 20% per annum. This is largely due to the fact that tourism is actively developing in Ras Al Khaimah, large projects such as the Wynn Al Marjan Island resort are being built, and coastal real estate here is still cheaper than in popular areas of Dubai.

Long-term rental of apartments on Al Marjan Island can provide a return of around 6-8% per annum, and beachfront villas can provide a return of up to 6-10%. When considering short-term rental properties on Al Marjan Island, the gross yield for individual projects reaches 9-12.6%, and the net yield is around 5-9.4%, taking into account occupancy and management costs.

An additional advantage is the overall growth in interest in the emirate. The volume of transactions with property in Ras Al Khaimah has more than doubled in recent years, with major hotel brands and investors entering the region and infrastructure actively developing. For owners of apartments on Al Marjan Island, this paints a clear picture: you can enter the market at a relatively low price, expect further growth in property values, and earn rental income thanks to the growing flow of tourists and holidaymakers.