Shoreline
Off-Plan

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 152,924 / year
Cash-on-Cash
2.2%
Levered cashflow AED 35,972
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 230,360 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Shoreline launch basis3,938AED 3.54MCurrent launch / asking basis
Al Marjan Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Marjan Island premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

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

Flexible Payment

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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

Al Marjan Island

Nearby Destinations

Dubai Miracle Garden — 5 mins
Butterfly Garden — 5 mins
Mall of the Emirates — 12 mins
Dubai Hills Mall — 10 mins
Al Marjan IslandAl Marjan IslandDubai, UAE

Developer Track Record

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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