Shoreline — project image
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Shoreline

From AED 3.54M·Handover Jul 2028·15% down payment Payment
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AED 3.54M
Starting Price
Jul 2028
Handover
15% down payment
Payment Plan
2 BR · 3 BR
Type

Project Overview

Shoreline is an iconic project by Damac Properties, located on Al Marjan Island in Ras Al Khaimah. The complex was designed in collaboration with Babolex. The building consists of 20 floors with 16 floors of luxury 1-3 bedroom apartments, a rooftop bar with spectacular panoramic sunset views, a Zen garden and yoga club, and podium level amenities such as a sand dune inspired adult pool, children's pool with playground, Aqua Oasis water retreat, jogging track, gym and spa, and 4-5 bedroom townhouses. Water sports such as surfing, kayaking, jet skiing, windsurfing, kiteboarding, snorkeling and scuba diving, an island with an underwater viewing platform, bamboo devices, barking houses and a floating bar are also available to residents. The unique location of the complex is one of its main features. Al Marjan Island Beach and the UAE's first casino, Wynn Resort, are just 5 minutes away. Al Hamra Mall, Al Hamra Marina & Yacht Club, Ras Al Khaimah Corniche and Ice Land Water Park can be reached in 10-20 minutes, while Dubai takes about an hour.

Project Specifications
DeveloperDamac Properties
LocationAl Marjan Island
Unit Types2 BR, 3 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 152,924 / year
Cash-on-Cash
2.2%
Levered cashflow AED 35,972
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.63M / 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 Damac Properties.

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Payment Structure

15% down payment

Published payment summary

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Amenities & Lifestyle

Children’s pool
Jogging tracks
Kids Play Area
Recreational areas
SPA
Shared Pool
Shared gym & fitness
Yoga studio

Location

Shoreline location map
Project location

Nearby Destinations

Al Marjan Island

Developer and Project Facts

01

Shoreline by Damac Properties

02

Located in Al Marjan Island

03

Starting from AED 3,544,000

04

Unit mix includes 2 BR, 3 BR, Apartments

05

Expected handover: Jul 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
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Property Enquiries

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

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