
Address Residences Al Marjan is the first phase of a large-scale project by developer Emaar Properties, located on Al Marjan Island. Created in collaboration with the Address Hotels + Resorts brand, the development features three elegant buildings composed of a ground floor, a podium level, 17 - 23 residential floors and a roof. The collection includes one-, two-, and three-bedroom apartments, two- and three-bedroom townhouses, as well as four-bedroom penthouses. Every residence is complemented by a spacious private terrace. The architecture follows a modern resort style, with light facades that blend seamlessly with the natural surroundings, while interiors are designed with natural materials, warm tones, and panoramic windows that offer stunning sea views. Residents have access to world-class amenities, including a private beach area with a scenic promenade, an infinity pool, a gym with state-of-the-art equipment, sports courts, a children’s play area, and a spa zone with wellness treatment rooms. The development enjoys a prime location with close proximity to essential infrastructure. Prestigious restaurants are within walking distance, while nurseries, schools, supermarkets, medical centers, Al Jazeera Sports Club, Al Hamra Golf Club, and Al Hamra Mall can all be reached within 10 minutes by car.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Address Residences Al Marjan Phase 1 launch basis | 9,427 | AED 8.48M | Current launch / asking basis |
| Al Marjan Island ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Marjan Island premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |



















Address Residences Al Marjan Phase 1 official render 1

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Astraterra Properties
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Al Marjan Island
Address Residences Al Marjan Phase 1 by Emaar Properties
Located in Al Marjan Island
Starting from AED 8,483,888
Unit mix includes 2 BR, Townhouse
Expected handover: Jun 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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