
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.
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 2 launch basis | 9,467 | AED 8.52M | 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 2 official render 1

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Al Marjan Island
Address Residences Al Marjan Phase 2 by Emaar Properties
Located in Al Marjan Island
Starting from AED 8,519,888
Unit mix includes 3 BR, Townhouse
Expected handover: Nov 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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