
Playa Viva is a premium residential complex by Uniestate Properties located in Al Marjan Island, Ras Al Khaimah. The exterior features clean lines, panoramic glazing and natural materials. The thoughtful design of the facades allows most apartments to enjoy scenic ocean views. The building consists of three T-shaped residential towers interconnected by a common ground floor and a two-level podium with parking spaces. Towers A and B have ten floors with apartments in the elongated part of the building and eight floors on the shorter side. Tower C has eight floors in the elongated part of the building and seven floors with residences on the shorter side. The complex offers fully furnished apartments with a “smart home” system. There is a choice of studios and residences with a number of bedrooms from 1 to 3. Interiors combine functionality and aesthetics. Each residence is designed as a private oasis. For the comfort of residents in Playa Viva there is a developed infrastructure: luxury spa center with author's procedures, fitness zone, swimming pools, as well as stores and beauty salons. The territory of the complex provides areas for recreation and walks. The location of the complex provides quick access to key points of the emirate: 5 minutes to the Wynn Casino, Al Hamra shopping center and Ras Al Khaimah airport. DXB and Al Maktoum airports are an hour and 1.5 hours away.
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 |
|---|---|---|---|
| Playa Viva launch basis | 944 | AED 850,000 | 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 |

























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Astraterra Properties
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Al Marjan Island
Playa Viva by Uniestate Properties
Located in Al Marjan Island
Starting from AED 850,000
Unit mix includes Studio, 1 BR, 2 BR, 3 BR
Expected handover: Sep 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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