Mondrian Al Marjan Island Beach Residences Phase II
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.
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.
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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Developer and Project Facts
Mondrian Al Marjan Island Beach Residences Phase II by ELEVATE
Located in Al Marjan Island
Starting from AED 2,713,768
Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR
Expected handover: Oct 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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