Address Residences Al Marjan Phase 2
Off-Plan

Address Residences Al Marjan Phase 2

From AED 8.52M·Handover Nov 2028·10% down payment Payment
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AED 8.52M
Starting Price
Nov 2028
Handover
10% down payment
Payment Plan
3 BR · Townhouse
Type

Project Overview

Address Residences Al Marjan Phase 2 is the second phase of the luxury project by Emaar Properties on Al Marjan Island, comprising the fourth, fifth, and sixth towers of the complex. The buildings feature a ground level, a podium level, 17 to 23 residential floors, and a roof. Developed in partnership with the Address Hotels + Resorts brand, the project offers premium 1-3 bedroom apartments, 2-3 bedroom townhouses, and 4-bedroom penthouses, each residence complemented by a private terrace. The architectural concept emphasizes modern style and harmony with the marine surroundings, while the interiors are designed in elegant tones with high-quality materials that create an atmosphere of comfort and luxury. Residents of the complex have access to premium amenities: a spacious beach area with a promenade for walking and jogging, an infinity pool with sea views, a modern gym, sports courts, and a children’s play area. For maximum relaxation, a spa center with treatment rooms is provided. The complex boasts a convenient location: within walking distance are prestigious restaurants, and within 10 minutes by car - kindergartens, schools, shops and supermarkets, medical centers, the Al Jazeera Al Hamra Cultural Sports Club, Al Hamra Golf Club, and the Al Hamra Mall shopping center.

Project Specifications
DeveloperEmaar Properties
LocationAl Marjan Island
Unit Types3 BR, Townhouse
AreaAl Marjan Island
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 367,633 / year
Cash-on-Cash
2.2%
Levered cashflow AED 86,477
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 553,793 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Address Residences Al Marjan Phase 2 launch basis9,467AED 8.52MCurrent launch / asking basis
Al Marjan Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Marjan Island premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Address Residences Al Marjan Phase 2 official render 1

Address Residences Al Marjan Phase 2 official render 1

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Address Residences Al Marjan Phase 2 official render 2

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Address Residences Al Marjan Phase 2 official render 3

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Address Residences Al Marjan Phase 2 official render 5

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Address Residences Al Marjan Phase 2 official render 9

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Address Residences Al Marjan Phase 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Address Residences Al Marjan Phase 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Beach Access
Dining outlets (coffee houses & restaurants)
Infinity pool
Kayaking
Kids Play Area
Landscape Open Areas
Leisure areas
Multipurpose Sports Courts
Outdoor Multipurpose Space
Paddle court
Pool Deck
SPA
Shared gym & fitness
Sitting Area
Social zone
Volleyball
Walking paths
Yoga studio

Location

Al Marjan Island

Nearby Destinations

Dubai Miracle Garden — 5 mins
Butterfly Garden — 5 mins
Mall of the Emirates — 12 mins
Dubai Hills Mall — 10 mins
Al Marjan IslandAl Marjan IslandDubai, UAE

Developer Track Record

01

Address Residences Al Marjan Phase 2 by Emaar Properties

02

Located in Al Marjan Island

03

Starting from AED 8,519,888

04

Unit mix includes 3 BR, Townhouse

05

Expected handover: Nov 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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