Guide to Al Marjan Island
Al Marjan Island in Ras Al Khaimah is the UAE's fastest-repricing beachfront market, driven by the Wynn Al Marjan integrated resort opening in 2027. Beachfront apartments trade around AED 1,700/sqft with projected short-let yields of 6-8%.
About Al Marjan Island
The thesis is simple and dated: the first licensed integrated resort in the UAE opens in 2027 with 1,542 keys, and the surrounding four coral-shaped islands are the only beachfront supply within walking distance. Prices have already moved ahead of the opening. RAK does not publish a DLD-equivalent yield index, so treat every yield number here - ours included - as a projection rather than a recorded figure.
Key numbers (2026)
| Metric | Value |
|---|---|
| Average price / sqft | AED 1,700 (indicative - RAK has no public price index) |
| Gross rental yield | 6-8% (projected, short-let led) |
| Off-plan / ready | Heavy off-plan pipeline through 2027-2028 |
| Best for | Short-let investors, Wynn-resort growth thesis, sub-AED-1.5M beachfront |
Top projects in Al Marjan Island
- Wynn Al Marjan Island residences
- Nikki Beach Residences Al Marjan
- Address Residences Al Marjan Island
- Marjan Island Resort residences (resale)
- Al Hamra Village (adjacent, ready stock)
Why buyers pick this area
- Wynn integrated resort opening 2027 is a dated demand catalyst
- 6-8% projected yields on short-let programmes
- Beachfront entry well below any Dubai equivalent
- RAK freehold in designated zones, with UAE residency pathways
What to watch for
- RAK publishes no DLD-style price or yield index - verify comparables directly
- RAK is a smaller, less liquid market than Dubai - plan the exit
- Much of the pricing already anticipates the 2027 resort opening
- Short-let income depends on operator quality - vet the management contract
Frequently asked questions
Is Al Marjan Island a good investment in 2026?
It offers some of the highest projected beachfront yields in the UAE at 6-8%, driven by the Wynn resort opening in 2027. The trade-offs against Dubai are lower resale liquidity and no public price index.
How much are apartments on Al Marjan Island?
Indicatively around AED 1,700/sqft. Studios and small 1-beds still start under AED 1M; branded beachfront residences run well above that. Because RAK has no central price index, always price off live comparables.
Can foreigners buy on Al Marjan Island?
Yes. Al Marjan Island is a designated Ras Al Khaimah freehold zone open to all nationalities, with a residency visa available on qualifying purchases. Note that freehold in RAK applies to designated developments, not the whole emirate.