
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.
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 |
|---|---|---|---|
| Shoreline launch basis | 3,938 | AED 3.54M | 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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Al Marjan Island
Shoreline by Damac Properties
Located in Al Marjan Island
Starting from AED 3,544,000
Unit mix includes 2 BR, 3 BR, Apartments
Expected handover: Jul 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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