The Residences at Sheraton Al Marjan Island Resort — project image
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The Residences at Sheraton Al Marjan Island Resort

From AED 2.41M·Handover Sep 2028·20% down payment Payment
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AED 2.41M
Starting Price
Sep 2028
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

The Residences at Sheraton Al Marjan Island Resort is a residential development by Atara Development, located on Al Marjan Island in Ras Al Khaimah. The building comprises two basement levels, a ground floor, a mezzanine level, eighteen residential floors and a rooftop. The architectural concept combines contemporary design with Sheraton’s recognizable heritage, creating a resort-style atmosphere with a focus on prestige, privacy and coastal living. The project offers a refined selection of studios, one-bedroom and two-bedroom apartments. Each home features well-considered layouts designed to maximize sea and island views. The residences ensure a seamless connection with the coastal surroundings through abundant natural light, carefully curated furnishings, and a harmonious color palette. The residents have access to a variety of amenities: a private beach, an infinity pool on the roof, a sky bar and lounge, kids' play areas, sports zones, spa facilities, and dedicated concierge services. The complex enjoys a prime location with convenient access to key destinations: Wynn Resort & Casino – 3 minutes, RAK Central – 8 minutes, Al Hamra Mall & Marina – 15 minutes, RAK International Airport – 30 minutes, Dubai International Airport — 50 minutes.

Project Specifications
DeveloperATARA Development
LocationAl Marjan Island
Unit TypesStudio, 1 BR, 2 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 104,188 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,508
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.11M / 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 ATARA Development.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Accessibility for people with disabilities
Adults Pool
Bar
Beach Volleyball
Cabanas
Children’s pool
Cigar Lounge
Community Lawn
Concierge Service
Conference room
Coworking zone
Dining outlets (coffee houses & restaurants)
Driver Service
Gaming Lounge
Housekeeping Services
Indoor cinema
Infinity pool
Kids Club
Kids Play Area
Kids splash pad
Lavish Sundeck
Leisure areas
Lift
Lobby
Lounge
Meeting Room
Mini Golf
Open air gym
Outdoor cinema
Pool Deck
Private Lounge
Private beach access
Resting Areas
Retail outlets
SPA
Sauna
Security and CCTV
Shared Jacuzzi
Shared gym & fitness
Sitting Area
Sleep Over Snug (Nursery)
Steam
Sunken Seating
Sunset Bar
Toddlers Club
Treatment Room
Valet parking
Yoga studio

Location

The Residences at Sheraton Al Marjan Island Resort location map
Project location

Nearby Destinations

Al Marjan Island

Developer and Project Facts

01

The Residences at Sheraton Al Marjan Island Resort by ATARA Development

02

Located in Al Marjan Island

03

Starting from AED 2,414,560

04

Unit mix includes Studio, 1 BR, 2 BR, Apartments

05

Expected handover: Sep 2028

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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