The Residences at Sheraton Al Marjan Island Resort
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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
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 104,188 / year
Cash-on-Cash
2.2%
Levered cashflow AED 24,508
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 156,946 / 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
The Residences at Sheraton Al Marjan Island Resort launch basis2,683AED 2.41MCurrent 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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The Residences at Sheraton Al Marjan Island Resort official render 1

The Residences at Sheraton Al Marjan Island Resort official render 1

The Residences at Sheraton Al Marjan Island Resort official render 2

The Residences at Sheraton Al Marjan Island Resort official render 2

The Residences at Sheraton Al Marjan Island Resort official render 3

The Residences at Sheraton Al Marjan Island Resort official render 3

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The Residences at Sheraton Al Marjan Island Resort official render 4

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The Residences at Sheraton Al Marjan Island Resort official render 5

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The Residences at Sheraton Al Marjan Island Resort official render 8

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The Residences at Sheraton Al Marjan Island Resort official render 9

The Residences at Sheraton Al Marjan Island Resort official render 10

The Residences at Sheraton Al Marjan Island Resort official render 10

Astraterra Properties

Official Documents

Download official marketing materials from ATARA Development.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

The Residences at Sheraton Al Marjan Island Resort — 1 Bedroom Floor Plan

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

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

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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