For Sale:
Ras Al Khaimah Shops
Al Marjan Island
Pelagia by BNW Developments
Bayut - 10493-0yXxiI
WhatsApp Image 2025-02-05 at 12.07. 03. jpeg
Off-Plan
18
AED10,384,590
Pelagia by BNW Developments, Al Marjan Island, Ras Al Khaimah
2,596 sqft

Retails Shop | Close To Wynn Casino | Prime Location | Investment | High ROI

Retail Shop Details
Ground floor
Layout Retail
Total Size 2,596,15 Sqft
Payment Plan 60/40
10% Booking Amount

Price 10,384,590 AED

First Installment after 1 month of booking 10%
After 7 months 5%
after 10 months 5%
after 13 months 5%
after 16 months 5%
after 19 months 5%
after 22 months 5%
after 25 months 5%
after 28 months 5%

On Completion of the Project 40% Total 4,153,836 AED

Al Marjan Island in Ras Al Khaimah is undergoing significant development, positioning it as a premier destination for luxury living, hospitality, and entertainment. The island's strategic location, just 45 minutes north of Dubai, offers residents and visitors uninterrupted views of the Arabian Gulf and easy access to key destinations.
al-marjanisland. com
Wynn Al Marjan Island
A landmark project is the Wynn Al Marjan Island, a luxury resort under construction by Wynn Resorts. Scheduled to open in the first quarter of 2027, this integrated resort will feature:
  • 1,542 hotel rooms
  • 22 private villas
  • A 225,000-square-foot casino, marking the UAE's first casino
  • 22 restaurants
  • 15,000 square meters of retail space
  • 7,500 square meters of convention space
This development is expected to significantly boost tourism and the local economy.
en. wikipedia. org
Residential and Mixed-Use Developments
Al Marjan Island is also expanding its residential offerings. Notable projects include:
  • JW Marriott Residences: A luxury development offering one to three-bedroom apartments, providing residents with direct access to the beach.
  • bayut. com
  • The Astera: A mixed-use development spanning 430,000 square meters, featuring low-rise residential apartments and villas, designed to create a vibrant community hub.
  • marjan. ae
  • Manta Bay: Offering studio to two-bedroom apartments, this project aims to provide a serene coastal lifestyle.
  • al-marjanisland. com
Future Prospects
With over 30 projects underway, Al Marjan Island plans to add approximately 6,500 residential units, 8,000 hotel rooms, and 600 holiday villas. These developments are set to enhance the island's status as a sought-after destination for both residents and tourists.
al-marjanisland. com
In summary, Al Marjan Island's upcoming developments reflect a strategic vision to create a dynamic and luxurious environment, blending residential, hospitality, and entertainment offerings to attract a diverse community and visitors.

Wynn Resorts Secures UAE's First Gambling License

Property Information

  • TypeShop
  • PurposeFor Sale
  • Reference no.Bayut - 10493-0yXxiI
  • CompletionOff-Plan
  • FurnishingUnfurnished
  • Added on6 February 2025
  • Handover dateQ4 2027

Features / Amenities

Balcony or Terrace
Parking Spaces: 5
Swimming Pool
Floor: 13
+ 41 more amenities

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

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