1 bedroom flat for sale

Overview

Aeon & Trisl Real Estate offers a luxury lsland living at Marjan Island, The Address Residences by EMAAR. Address Residences Al Marjan Island features branded residences on the manmade Al Marjan Island in Ras Al Khaimah. Diverse unit types are available for purchase that are sure to appeal to all tastes: 13 bedroom apartments, 4-bedroom penthouses, and 2-3 bedroom townhouses. The project will be built on View Island in the heart of Al Marjan. Floor-to-ceiling windows and balconies frame the lush waterfront views. Handover: Q1 2028 Payment Plan: 10% On Booking 80% On Cunstruction 10% On Handover Residents will be able to indulge in resort-style amenities such as the spa, yoga zone, infinity pool, waterfront promenade, kids' playground and modern gym. Evenings can be spent enjoying fine dining and those who prefer an active lifestyle will appreciate the padel tennis and volleyball courts, as well as the available water sports. A 2,000-foot long beach lies steps away, overlooking the visually stunning island and bay. Al Marjan Island is quickly transforming into Ras Al Khaimah's premier resort destination; the Wynn Al Marjan Island resort will introduce the UAE's first casino and draw tourists from all around. Schools, such as Little Treasures, Chubby Cheeks Nursery Ras Al Khaimah are 15-20 minutes away. Students can attend RAK Academy British School Al Hamra-BSH or New British International School. Once completed in February 2028, investors can expect to generate around 15-20% in profit from reselling their property, or they can choose to lease it out for additional passive income. One-bedroom residences on Al Marjan Island yielded an average of 6% as of the end of 2023, with annual rentals starting from AED 30K (USD 8K). Foreign buyers are eligible for renewable 2- or 10-year UAE residency visas, the latter covering dependents and staff. The minimum investment requirements for the residency visas are AED 750K (USD 204K) and AED 2M (USD 545K), respectively. Contact us for more information.