Pelagia — project image
Off-Plan

Pelagia

From AED 2.62M·Handover Dec 2027·20% down payment Payment
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AED 2.62M
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Pelagia — elite residential project by BNW Developments is situated on Al Marjan Island, RAK. The facade of the building has a modern look with sleek flowing lines and multi-level heights. The complex consists of a basement with stores and amenities, 13 residential floors and an upper roof level with various amenities. There are 1-3 bedroom residences and perfect 4 BR penthouses with thoughtfully designed spacious layouts with stunning views from panoramic windows and wide balcones. All apartments have carefully designed spacious layouts and are fully furnished. Pelagia is a work of art of contemporary living on the prestigious shores of Al Marjan Island. Every element of this exceptional residential development, from family-friendly recreational areas to modern amenities, has been carefully designed to transcend the ordinary, creating a place where luxury and functionality merge perfectly. Residents can enjoy by using rooftop infinity-pool,yoga deck, kids pool, pool bar, indoor and outdoor kids play areas, BBQ area and many others amenities. The complex have perfect connectivity and excellent location. It is only 5 minutes drive by car to Al Marjan Island Boulevard, 16 Minutes — to Royal Yacht Club, Dreamland Aqua Park and Cosmo Health Center, 34 Minutes — to RAK Airport, 56 Minutes to DXB, 90 minutes — to Al Maktoum International Airport. This project perfectly combines property values and an impeccable quality of life.

Project Specifications
DeveloperBNW Developments
LocationAl Marjan Island
Unit Types1 BR, 2 BR, 3 BR, 4 BR, Apartments, Penthouse
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 112,955 / year
Cash-on-Cash
2.2%
Levered cashflow AED 26,570
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.20M / 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 BNW Developments.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
BBQ
Beach Access
Cabanas
Children’s pool
Concierge Service
Covered Kids Play Area
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Fitness Zone
Fountain
Indoor Multipurpose Space
Infinity pool
Kids Play Area
Kids splash pad
Landscaped garden
Laundry
Lavish Sundeck
Leisure areas
Lift
Lobby
Lounge
Maintenance warranty
Meeting Room
Open Kids Play Area
Outdoor Yoga
Owners Lounge
Park Access
Picnic Area
Pool Deck
Pool Lounge
Private Jacuzzi
Private Lounge
Private pool
Recreational areas
Resting Areas
Retail outlets
SPA
Sauna
Shared Jacuzzi
Shared gym & fitness
Sitting Area
Smart home
Social zone
Sports ground
Steam
Storage Areas
Sunset Bar
Walking paths
Waterfall
Yoga Area
Yoga studio
Zen Garden

Location

Pelagia location map
Project location

Nearby Destinations

Al Marjan Island

Developer and Project Facts

01

Pelagia by BNW Developments

02

Located in Al Marjan Island

03

Starting from AED 2,617,735

04

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

05

Expected handover: Dec 2027

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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