Island Heights — project image
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Island Heights

From AED 1.23M·Handover Mar 2028·5% down payment Payment
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AED 1.23M
Starting Price
Mar 2028
Handover
5% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Island Heights is an elegant residential development by Range Development, located on the prestigious Al Marjan Island coastline. The project’s architecture blends classical expression with modern geometry: two basement levels, a ground and podium floor, ten residential floors, and a rooftop with amenities form a harmonious and functional structure. Its sculpted silhouette, floor-to-ceiling windows, and spacious terraces visually connect the building with the coastal landscape, enhancing both aesthetic appeal and natural light. The complex offers studios and one-bedroom apartments. Interiors are designed in warm tones with refined finishes and thoughtful details, creating an atmosphere of tranquility, sophistication, and modern comfort. Residents of Island Heights can enjoy a private terrace with an infinity pool and barbecue area, a gym, yoga room, and a children’s play zone. Its beachfront location enhances the lifestyle of coastal living. Thanks to its convenient location on Al Marjan Island, residents can easily reach key destinations. RAK Mall is just 28 minutes away, Ras Al Khaimah International Airport is 30 minutes away, and Dubai Mall and Burj Khalifa can be reached within 60 minutes.

Project Specifications
DeveloperRange Development
LocationAl Marjan Island
Unit TypesStudio, 1 BR, Apartments
AreaAl Marjan Island
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 53,200 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,514
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 567,135 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Range Development.

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Payment Structure

5% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Covered gym
Coworking zone
Infinity pool
Kids Play Area
Lift
Lobby
Parking
Shared Pool
Yoga studio

Location

Al Marjan Island

Nearby Destinations

Al Marjan Island

Developer and Project Facts

01

Island Heights by Range Development

02

Located in Al Marjan Island

03

Starting from AED 1,232,903

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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