Under construction properties
Address Residences
$865,800 — $2,828,700
Property type:2 bedroom, 3 bedroom, Townhouse, Penthouse
Two-Year Price Appreciation:42%
District:Ras-Al-Khaimah, Al Marjan Island
Developer:Emaar
Class of the property:"A"- Class of the district:"B"
Rating Masterpiece:5★- Reliability of the developer:5★
Down payment:20%- Payment plan:90/10
Completion date:Q1 2028
About district
Location
- DistrictRas-Al-Khaimah, Al Marjan Island
Al Marjan Island is a stunning man-made archipelago located in the emirate of Ras Al Khaimah. It is one of the most prominent tourist destinations in the region, known for its picturesque beaches, luxurious resorts, and upscale residential developments. Al Marjan Island is situated along the Arabian Gulf coastline and offers breathtaking views of the sea. The island is shaped like a coral reef and is made up of four primary coral-shaped islands, connected by a central boulevard.
One of the main highlights of Al Marjan Island is its pristine white sandy beaches that stretch across 5.4 kilometers. Visitors can indulge in various beach activities, including sunbathing, swimming, and water sports such as jet skiing and paddleboarding. The crystal-clear waters of the Arabian Gulf provide an ideal setting for water enthusiasts.
Al Marjan Island boasts a collection of luxurious hotels and resorts, offering world-class amenities and services. These accommodations cater to both leisure and business travelers, providing a range of options to suit different preferences and budgets. Many of the hotels and resorts on the island feature stunning architecture and provide access to private beaches, swimming pools, spas, and gourmet dining options.
The island also features a vibrant retail and dining scene. Al Marjan Island offers a selection of high-end shops, boutiques, and waterfront restaurants, allowing visitors to indulge in retail therapy and savor delicious cuisines from around the world.
Additionally, Al Marjan Island is a hub for entertainment and leisure activities. It hosts various events and festivals throughout the year, including concerts, fireworks displays, and cultural celebrations. The island also features a dedicated area for outdoor fitness activities and jogging tracks, promoting a healthy lifestyle.
One of the main highlights of Al Marjan Island is its pristine white sandy beaches that stretch across 5.4 kilometers. Visitors can indulge in various beach activities, including sunbathing, swimming, and water sports such as jet skiing and paddleboarding. The crystal-clear waters of the Arabian Gulf provide an ideal setting for water enthusiasts.
Al Marjan Island boasts a collection of luxurious hotels and resorts, offering world-class amenities and services. These accommodations cater to both leisure and business travelers, providing a range of options to suit different preferences and budgets. Many of the hotels and resorts on the island feature stunning architecture and provide access to private beaches, swimming pools, spas, and gourmet dining options.
The island also features a vibrant retail and dining scene. Al Marjan Island offers a selection of high-end shops, boutiques, and waterfront restaurants, allowing visitors to indulge in retail therapy and savor delicious cuisines from around the world.
Additionally, Al Marjan Island is a hub for entertainment and leisure activities. It hosts various events and festivals throughout the year, including concerts, fireworks displays, and cultural celebrations. The island also features a dedicated area for outdoor fitness activities and jogging tracks, promoting a healthy lifestyle.
About developer
Emaar
Emaar Properties is one of the leading property developers in the UAE. Established in 1997 to contribute to the construction sector in the country, the company mainly focuses on the development of luxury properties worldwide. Over the years, Emaar has built a number of residential, commercial and hospitality projects. Despite its international presence, the main location of activity is still the United Arab Emirates, more specifically Dubai and Abu Dhabi. Emaar Properties is listed on the Dubai Financial Market as a Public Joint Stock Company. The company has its headquarters in Dubai.
Emaar Properties PJSC is a multinational development company based in the United Arab Emirates. The company operates internationally, across Africa, Asia, Europe, North America and the Middle East, providing property development and management services.
Mohamed Alabbar is the founder and chairman of Emaar Properties. Since 2016, the CEO of Emaar Group is Amit Jain. The initial owner of Emaar Properties was the Dubai government until the company went public in 2000.
Today Emaar has six business segments and 60 subsidiaries in 36 markets all over the world, such as Emaar Malls Group (shopping malls and retail), Emaar International (property development in international markets), Emaar Hospitality Group (a global provider of lifestyle experience), Emaar Entertainment (provider of premium leisure and entertainment attractions) and Emaar Investment Holding.
Emaar Properties PJSC is a multinational development company based in the United Arab Emirates. The company operates internationally, across Africa, Asia, Europe, North America and the Middle East, providing property development and management services.
Mohamed Alabbar is the founder and chairman of Emaar Properties. Since 2016, the CEO of Emaar Group is Amit Jain. The initial owner of Emaar Properties was the Dubai government until the company went public in 2000.
Today Emaar has six business segments and 60 subsidiaries in 36 markets all over the world, such as Emaar Malls Group (shopping malls and retail), Emaar International (property development in international markets), Emaar Hospitality Group (a global provider of lifestyle experience), Emaar Entertainment (provider of premium leisure and entertainment attractions) and Emaar Investment Holding.
About building
About Address Residences
Address Residences Al Marjan Island is a resort-style development by Address Hotels + Resorts in the heart of Al Marjan Island's luxurious lifestyle, located directly by the Arabian Sea and offering guests direct access to stunning beachfront and proximity to the urban hub of the island.
As a part of the vibrant View community, the hotel brings the Address Hotels + Resorts signature blend of service standards and lifestyle amenities to Ras Al Khaimah. Guests can indulge in a variety of world-class facilities, including unique restaurant concepts like The Restaurant at Address, two speciality dining outlets, a modern fitness centre, cutting- edge spa, and a scenic pool.
Sleek and contemporary, the apartment buildings of Address Residences Al Marjan Island capture the essence of coastal elegance with their streamlined exteriors. The modern architecture of these 1- to 3- bedroom homes and 4-bedroom penthouses showcases sleek surfaces with large balconies that capture the beauty of the Arabian Sea, and the View community. Ideal for families or residents desiring extra space, townhouses feature stunning views and spacious layouts.
Features / Amenities
Parking
Beach Promenade
Residential Infinity Pool
State-of-the-Art Gym
Volleyball and Water Sports
Kids Play Area
Speciality Restaurants
Padel Tennis Court
Yoga Deck
Apartment
Floor Plans
2 bedroom / 1132 sqft — 1425 sqft
$865,800 — $988,300
3 bedroom / 1729 sqft
$1,505,500 — $1,543,700
Townhouse, 2 bedroom / 2458 sqft — 2465 sqft
$2,137,200 — $2,139,900
Townhouse, 3 bedroom / 2459 sqft — 2769 sqft
$2,148,100 — $2,205,200
Penthouse, 4 bedroom / 2898 sqft
$2,828,700
Process of purchasing
Process of purchasing property
1
Step №1
We identify a suitable property that meets your needs and has promising potential for appreciation.
2
Step №2
We confirm the property's availability with the developer, keeping in mind that properties in Dubai can be snapped up quickly.
3
Step №3
Our team verifies the escrow accounts and the project card via the Dubai Land Department website.
4
Step №4
You place an Expression of Interest (refundable) or a Deposit (non-refundable) - 2-5% to provisionally reserve the property under your name. This deposit is paid into the developer's bank account.
5
Step №5
We complete and sign the Booking Form online.
6
Step №6
You transfer the remaining part of the initial payment (10-20%) within 1-2 weeks. This payment is also made to the developer's bank account.
7
Step №7
We handle the payment of the Dubai Land Department (DLD) fee, which amounts to 4% of the property value.
8
Step №8
You cover additional fees: the administration fee (580 AED) and OQOOD - temporary ownership certificate (2,100 AED for sale price below 500k - 4,200 AED for sale price above 500k).
9
Step №9
We sign the main Sales and Purchase Agreement (SPA) either remotely, at the developer's office, or via post. This typically occurs within 1-2 months.
Example of the agreement
Example of the agreement
10
Step №10
You continue with the remaining payments, which are made to the project's escrow account, until the handover or key collection.
11
Step №11
Upon completion of the full payment, you will receive the Title Deed - the ownership certificate (250 AED) and then proceed to take over the property and collect the keys.
Title Deed
Title Deed
Learn all the details about this project on the free zoom-consultation with our real estate advisor
As a result of the meeting, you'll receive:
Personalized investment strategy
Detailed Сash-on-cash calculation
Legal tax optimization options
Insights about mortgage and purchase process
Head
office:
Office 213, 2 Floor, MSM 1 Building, Al Safa 1, Dubai, UAE
© 2024 Masterpiece Group. All Rights Reserved
E-mail:
Phone:
License №1092965
P.O. Box:
454924
Real estate investment agency and management company with over 13 years of experience in the Dubai market
Office 213, 2 Floor,
MSM 1 Building, Al Safa 1,
Dubai, UAE
MSM 1 Building, Al Safa 1,
Dubai, UAE
