
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.
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 |
|---|---|---|---|
| The Residences at Sheraton Al Marjan Island Resort launch basis | 2,683 | AED 2.41M | 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
The Residences at Sheraton Al Marjan Island Resort by ATARA Development
Located in Al Marjan Island
Starting from AED 2,414,560
Unit mix includes Studio, 1 BR, 2 BR, Apartments
Expected handover: Sep 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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