Premium Residential Plot – Cluster D-01, Al Marjan Island, Ras Al Khaimah

Premium Residential Plot – Cluster D-01, Al Marjan Island, Ras Al Khaimah

Property Overview

Seller: Beach District LLC (OPC)
Location: Al Marjan Island – Cluster D-01
Plot Number: 012
Plot Area: 100,887.34 sq. ft
Permitted FAR: 4.5
Maximum GFA: 453,993 sq. ft
Usage: Residential Apartments
Max Building Height: 2 Basements + Ground + 19 Floors (subject to Marjan Development Team approval)
Ownership: Freehold
Asking Price: AED 226,996,500 (AED 500 per sq. ft of GFA)
Payment Plan: AED 226,996,500 spread over 4 years
VAT & Taxes: Exclusive of VAT and other applicable taxes

Highlights

Prime residential plot in Cluster D of Al Marjan Island
Located near major developments including Wynn Resort & Casino, Nobu Residences, Oceano, and Address
Freehold ownership for all nationalities
Ideal for a high-rise branded residential or luxury apartment tower
Strong potential for rental returns and capital appreciation
Payment plan over 4 years provides developer flexibility