There is no single price for property on Al Marjan Island. What you will pay depends on the development, the brand attached to it, whether the unit has a sea view, which islet it sits on, the floor, the size and layout, the handover date, and whether you are buying off-plan or completed stock. This page sets out what is verifiable today — developer-published figures first, clearly labelled portal asking prices where developers do not publish — and is honest about what is not verifiable.
Last updated: October 2026
Sources: developer websites and official project materials (checked 1 October 2026); ValuStrat capital-value index (Q3 2025); CBRE Ras Al Khaimah review (21 September 2026); Property Finder and dubizzle guides (accessed 1 October 2026, asking data). Asking prices are not completed-sale prices. Project-level price per sq ft is not inferred from entry prices.
Indicative Al Marjan pricing
ValuStrat's capital-value index offers a methodologically distinct benchmark, putting Al Marjan apartments at roughly AED 1,127 per square foot in Q3 2025 — an index figure, not an asking price. Advertised asking prices run higher: dubizzle's 2025 average sat near AED 2,546 per square foot, while Property Finder's area guide (accessed 1 October 2026) indicates around AED 2,700 per square foot for apartments and about AED 3,300 for penthouses. No reliable closed-transaction price-per-square-foot series by unit type is published for the island, which is itself worth knowing.
By unit type, Property Finder's guide shows these advertised asking ranges (accessed 1 October 2026): studios from AED 1,285,100; one-beds from AED 1,875,000 to AED 2,800,000; two-beds from AED 2,830,000 to AED 3,590,000; three-beds from AED 4,969,400 to AED 5,519,000; and penthouses from about AED 4.6 million on thin data. For momentum: CBRE's September 2026 review recorded RAK apartment values up 18% year on year to an average AED 2,298 per square foot in H1 2026, with Al Marjan apartments up 23.1% — while also noting price and absorption moderation since late February 2026.
Project-by-project: what is currently being offered
Developer-published figures are shown first and labelled; portal figures appear only where the developer does not publish, and are marked as launch asking prices. Payment plans and completion targets remain subject to your reservation agreement and SPA.
| Project | Property type | Indicative starting price | Price / sq ft | Handover | Payment plan | Data date |
|---|---|---|---|---|---|---|
| Taj Wellington Mews | Branded hotel apartments (1-3 bed) | AED 1.5m (developer) | Not published | Q1 2028 (developer) | 10% booking + 50% before completion + 40% on completion (developer) | Checked 1 Oct 2026 |
| Aqua Maya | 1-4 bed apartments | AED 1.78m (developer) | Not published | Q4 2027 (developer) | 10% booking + eight 5% instalments + 50% on completion (developer) | Checked 1 Oct 2026 |
| Tonino Lamborghini Residences | Branded studios to mansions | AED 1.69m studio (developer) | Not published | Q4 2028 (developer) | 10% booking + 10% within 30 days + ten 5% instalments + 30% on completion (developer) | Checked 1 Oct 2026 |
| Aqua Arc | 1-3 bed apartments, townhouses, penthouses | AED 2.3m (developer) | Not published | Q3 2027 (developer) | 10% booking + 40% construction + 50% on completion (developer) | Checked 1 Oct 2026 |
| Sheraton Residences | Hotel-serviced branded residences (168) | AED 2.2m (developer) | Not published | Q3 2028 (developer) | On request — developer's own page is internally inconsistent | Checked 1 Oct 2026 |
| JW Marriott Residences | Branded 1-4 bed residences & penthouses | AED 3.1m (portal launch asking) | Not published | Dec 2027 (portal; developer date not published) | 10% launch + 60% construction in eight instalments + 30% handover (portal; developer schedule not published) | Checked 1 Oct 2026 |
| Palazzo Tissoli | Furnished studios and 1-beds | AED 1.1m studio (portal launch asking) | Not published | On request (third-party Q1/Q2 2028 dates conflict) | 5% down + 45% pre-handover across five payments + 50% on handover (portal; developer plan not published) | Checked 1 Oct 2026 |
| Miraggio | Studios to 3-bed apartments | AED 1.2m (portal launch asking) | Not published | Q4 2028 (portal; developer date not published) | 5% booking + 5% on SPA + 5% in month 3 + 5% in month 6 + 40% completion + 40% over 2 years post-handover (developer-linked) | Checked 1 Oct 2026 |
| W Residences | Branded furnished residences (201) | AED 4.1m (portal launch asking) | Not published | Q4 2027 (developer; one portal lists Dec 2028) | 70% construction + 30% handover (portal; developer schedule not published) | Checked 1 Oct 2026 |
Branded vs non-branded pricing
Branded residences typically carry a premium over comparable unbranded stock — on Al Marjan, the developer-published entry points illustrate it plainly: Taj Wellington Mews from AED 1.5 million and Tonino Lamborghini from AED 1.69 million (developer figures, October 2026) sit below the portal-advertised entry for W Residences at AED 4.1 million (launch asking). The premium buys operator involvement, service standards and brand recognition. It does not automatically translate into better returns: higher purchase prices and higher annual fees must both earn their place in your numbers.
Off-plan vs ready
Ras Al Khaimah's market is overwhelmingly off-plan right now: ValuStrat's Q3 2025 emirate-wide review shows off-plan accounted for 84% of residential sales between January and September 2025 (over 4,100 units worth AED 8.2 billion), against 776 completed-property sales worth AED 909 million. That tells you two things at once — where current demand sits, and how thin the ready resale market remains.
| Off-plan | Completed / ready | |
|---|---|---|
| Upfront price | Usually lower at launch; staged payments | Higher per unit; full payment at transfer |
| Payment structure | Construction-linked instalments, sometimes post-handover | Mortgage or cash on completion |
| Immediate rental income | None until handover | Available from completion |
| Construction risk | Present — mitigated by escrow and developer record | Minimal |
| Resale liquidity | Assignment rules may restrict pre-handover sale | Freely sellable — but the ready market is thin (776 RAK sales, Jan-Sep 2025) |
What affects the price of an individual unit?
- Sea view and orientation — Gulf-facing units command the strongest premiums.
- Direct beach access and position relative to the resort core.
- Proximity and orientation towards the Wynn resort, where relevant.
- Floor level — higher floors price above lower ones in most towers.
- Layout efficiency and usable internal area versus gross area.
- Terrace size and usability.
- Brand and operator, and the services bundled with them.
- Furnishing — many island residences are sold fully furnished.
- Handover date and the shape of the payment plan attached.
Worked buyer examples
A buyer with AED 1.5-2 million is looking at studios and entry one-bedrooms: Taj Wellington Mews publishes from AED 1.5 million and Aqua Maya from AED 1.78 million (developer figures, October 2026), while portal-advertised launches such as Miraggio (from AED 1.2 million asking) and Palazzo Tissoli (from AED 1.1 million asking) sit in the same territory.
Around AED 3 million opens up well-positioned one- and two-bedroom residences across most of the island's branded and boutique projects — the most competitive segment, where unit position and view do the heavy lifting.
At AED 5 million and above, buyers are generally considering premium two- and three-bedroom branded residences, penthouses and the strongest view lines — JW Marriott Residences advertises from AED 3.1 million and W Residences from AED 4.1 million on portal launch pricing. These are illustrations of category, not confirmations of live availability; stock moves weekly.
Want today's Al Marjan Island pricing?
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For the projects behind these numbers, see our Al Marjan Island project comparison, the destination guide, or our analysis of whether Al Marjan Island is a good investment.