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About Al Marjan Island
Located in the emirate of Ras Al Khaimah, Al Marjan Island is a stunning man made archipelago, symbolizing the luxury of living in harmony with nature. The northernmost emirate this is famous for its stunning white sandy beaches, lovely terracotta deserts, and breathtaking mountains, which offer a peaceful and scenic retreat for residents and tourists.
Guide to Al Marjan Island
Sprawling over 4.5 km into the Arabian Gulf and with a total area of 29 million square feet, Al Marjan Island is a tapestry of beautiful views and wonderful experiences. This uniqueness is determined by four magical islands: Breeze Island, Treasure Island, Dream Island, and View Island. Each island seems to have its very own flavor and variety of things to do.
The development of modern infrastructure, relaxing beaches, schools, and hospitals as well as transport links available to other parts of the UAE, ensures that this region becomes the preferred place to rent properties not only by tourists but by UAE residents as well. This price causes the annual rental yields and investment returns to be such that they are attractive to investors.
Economic Attractiveness of Al Marjan Island
Al Marjan Island represents an economic eye of prospect, overflowed by all of these investment dreams. Different scenes from Stylish Studio flats to wealthy apartments, duplexes, penthouses, townhouses, and villas offer a variety of investment options to investors.
The bulk of these undertakings is off-plan, which implies an immediate value increase after the project construction. The island is dotted with salient hotels such as the high end Marjan Island Resort & Spa, the Movenpick Al Marjan Island with all the luxuries, and the DoubleTree by Hilton Resort & Spa which is surely a class by itself. Apart from beautifying the entire island, these businesses also make the economy of the island happy and prosperous.
Landmarks and Popular Residential Projects
Besides being a residential oasis, Al Marjan is an attraction for spending, shopping, and entertainment. Marjan, the leading developer in RAK, is the master developer who specializes in mixed-used development and incorporates residential, hospitality, commercial, and mixed-use projects. The flagship project, Al Marjan Island, features an upscale living environment, where people can enjoy modern living while on the beach.
Rental Rate for 1, 2, or 3-bedroom apartments at Al Marjan Island
Al Marjan Island rental market is of an exciting type as it promises great returns. Consider offering an average rental yield of 7. 7% for studios and 6% for cinematic movies. Rental rates for 1-bedroom apartments are 8% on the island making the island an exciting location for investors looking for rental incomes. Despite the annual rents being affordable, studios cost AED 19K (USD 5 K) and single apartments AED 30K (USD 8K), which highlights the island's popularity and investment venture.
Reasons for Apartment Renting on Al Marjan Island
Al Marjan Island is a peaceful place far from the hustle and bustle of the big city but also conveniently located close to major roads and nearby emirates. It is a family-orientated community with a wide range of educational and medical facilities within a short distance. The entertainment level of the island is very high, with places like Al Hamra Mall and Al Hamra Golf Club contributing to its charm. Hence it can be designated as the perfect place for families, professionals as well and tourists looking for a mix of calm and liveliness.
Explore the peaceful beauty and the most luxurious lifestyle on Al Marjan Island with F&C Properties. For professional assistance and to figure out different routes, please contact our expert agents. Embrace the elegance of the island lifestyle with us!
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