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Mondrian Al Marjan Island Beach Residences Phase II
Off-Plan

Mondrian Al Marjan Island Beach Residences Phase II

From AED 2.71M·Handover Oct 2028·20% down payment Payment
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AED 2.71M
Starting Price
Oct 2028
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Mondrian Al Marjan Island Beach Residences Phase II is a luxury beachfront development by ELEVATE, created in partnership with Mondrian, on Al Marjan Island. The building features a ground floor and fourteen residential floors. The complex offers a selection of residences, from one- to three-bedroom apartments to townhouses, a penthouse, and sky villas. The project enjoys a prime location: Wynn Al Marjan Island is just a 7-minute drive away, RKT International Airport is a 35-minute drive, while Dubai International Airport is an hour's drive away. For sale: 1 BR – from 2 713 768 AED / 799 sq. ft. 2 BR – from 3 948 405 AED / 1 226 sq. ft. 3 BR – from 5 444 570 AED / 1 733 sq. ft. 3 BR Penthouse – from 8 789 832 AED / 2 547 sq. ft. 3 BR Townhouse – from 9 393 005 AED / 2 550 sq. ft. 4 BR Townhouse – from 18 371 758 AED / 4 580 sq. ft. 4 BR Penthouse – from 19 497 873 AED / 5 047 sq. ft. 5 BR Penthouse – from 33 052 326 AED / 8 582 sq. ft.

Project Specifications
DeveloperELEVATE
LocationAl Marjan Island
Unit Types1 BR, 2 BR, 3 BR, 4 BR, 5 BR, Apartments, Penthouse, 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 117,099 / year
Cash-on-Cash
2.2%
Levered cashflow AED 27,545
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 176,395 / 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
Mondrian Al Marjan Island Beach Residences Phase II launch basis3,015AED 2.71MCurrent 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

Mondrian Al Marjan Island Beach Residences Phase II — View 2
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Mondrian Al Marjan Island Beach Residences Phase II official render 1

Mondrian Al Marjan Island Beach Residences Phase II official render 1

Mondrian Al Marjan Island Beach Residences Phase II official render 2

Mondrian Al Marjan Island Beach Residences Phase II official render 2

Mondrian Al Marjan Island Beach Residences Phase II official render 3

Mondrian Al Marjan Island Beach Residences Phase II official render 3

Mondrian Al Marjan Island Beach Residences Phase II official render 4

Mondrian Al Marjan Island Beach Residences Phase II official render 4

Mondrian Al Marjan Island Beach Residences Phase II official render 5

Mondrian Al Marjan Island Beach Residences Phase II official render 5

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Mondrian Al Marjan Island Beach Residences Phase II official render 6

Mondrian Al Marjan Island Beach Residences Phase II official render 7

Mondrian Al Marjan Island Beach Residences Phase II official render 7

Mondrian Al Marjan Island Beach Residences Phase II official render 8

Mondrian Al Marjan Island Beach Residences Phase II official render 8

Mondrian Al Marjan Island Beach Residences Phase II official render 9

Mondrian Al Marjan Island Beach Residences Phase II official render 9

Mondrian Al Marjan Island Beach Residences Phase II official render 10

Mondrian Al Marjan Island Beach Residences Phase II official render 10

Astraterra Properties

Official Documents

Download official marketing materials from ELEVATE.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

20% down payment

Flexible Payment

Contact us for detailed payment schedule and milestones

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Floor Plans

Mondrian Al Marjan Island Beach Residences Phase II — 1 Bedroom Floor Plan

Amenities & Lifestyle

Bar
Beach Access
Beach Club
Cabanas
Children’s pool
Concierge Service
Coworking zone
Dining outlets (coffee houses & restaurants)
Dog walking area
Fitness Zone
Housekeeping Services
Infinity pool
Kids Club
Kids Play Area
Landscape Open Areas
Laundry
Library
Lift
Lobby
Lounge
Maintenance warranty
Nanny
Open air gym
Paddle court
Pets Allowed
Pool Deck
Private beach access
Private pool
Recreational areas
Rooftop Pool
Sauna
Security and CCTV
Sitting Area
Social zone
Valet parking
Walking paths

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

Mondrian Al Marjan Island Beach Residences Phase II by ELEVATE

02

Located in Al Marjan Island

03

Starting from AED 2,713,768

04

Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR

05

Expected handover: Oct 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Mondrian Al Marjan Island Beach Residences Phase II

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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.

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

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