Apartments for rent in Al Marjan Island

Ras Al Khaimah was previously known as Julfar and now referred to as RAK city. The meaning of Ras Al Khaimah is ‘land around huts’, attributed to the areas along the coast. It touches borders with Musandam (Oman’s enclave). Ras Al Khaimah is divided into two parts, the Old Ras Al Khaimah and the Nakheel. This emirate is famous for its fertile land as it receives a lot of rainfall and is facilitated through water streams of Oman. In the economic sector, Ras Al Khaimah is privileged for its real estate opportunities. Many residential areas of Ras Al Khaimah and commercial buildings are being developed. Al Marjan Island is located near Al Hamra Village and Mina Al Arab. It consists of a collection of five man-made islands that have many villas and apartment for rent.

Types of Apartment in Al Marjan Island

The residential area of Al Marjan Island has many apartments available for rent and sale. If someone is looking to rent out a flat in this area then there are many choices to juggle between. All the apartments are exquisitely designed and built. The Al Marjan Island apartments are constructed with modern infrastructure. Some of the flats are well furnished while some are unfurnished. The rooms have huge built-in wardrobes. Making way for plenty of natural sunlight, the apartments in Al Marjan Island have balconies with glass doors. Many apartments have a beachfront view. The residents can also avail free covered parking for vehicles and amenities like community swimming pool, Jacuzzi, sauna, kids play area and gym.

Rent Price Trend for Apartments in Al Marjan Island

The mode of payment for flats is through a different number of cheques on a yearly basis. The rent can be paid through 2, 3 or 4 cheques per year. On an average, a studio for rent in Al Marjan Island ranges from AED 24,000/year to AED 33,000/year. The rent of 2-bedrooms apartments in this area ranges from AED 45,000 to AED 65,000 on yearly basis. A 3-bedroom apartment can be rented on average of AED 87,000 to AED 150,000. Some agencies ask for a 5% fee as services charges while the residential area is a freehold property.

Lifestyle in Al Marjan Island

Al Marjan Island is located close to the Arabian Gulf. The residential area is close to the sandy beach. Living in Al Marjan Island means living in a well planned and well maintained secured environment as it has 24 hours concierge. The amenities offered to tenants include building lobby, basement parking, gazebo, barbeque area and shared but well-equipped community gym. It also has a pet-friendly policy. The apartments are located an hour’s drive away from Dubai International Airport.

Reasons for Renting in Al Marjan Island

Al Marjan Island is a freehold property which makes it a good real estate option for both renting and buying. The rental payment method is flexible and can be done through a number of cheques per year. Other than basic facilities within the premises international schools and hospitals are also minutes away from the residential area of Al Marjan Island. The area has jogging track with a rubberized walkway. Some five-star hotels like Hilton Double Tree and Al Marjan Island Hotel are also nearby. Al Hamra Village and Al Hamra Mall are on some minutes’ drive from the residential units. The area is well maintained and has some canteens and cafeteria within the community. Because of all the premium features, Al Marjan Island is a good rental option for people who are interested in settling in Ras Al Khaimah.