Al Marjan Island area guide
Ras Al Khaimah's beachfront islands, home to Wynn Al Marjan Island and the UAE's fastest-growing resort property market.
Al Marjan Island is a group of four man-made islands off the coast of Ras Al Khaimah, developed by the government-backed master developer Marjan. It's the site of Wynn Al Marjan Island, the UAE's first integrated resort, which Wynn Resorts has confirmed will open in September 2027, and it's attracting a wave of branded residential launches.
| Al Marjan Island at a glance | |
|---|---|
| Emirate | Ras Al Khaimah |
| Average price | Existing apartments valued at around AED 1,160 to 1,220 per sq ft (ValuStrat Q2 2026; Cavendish Maxwell Q1 2026); new branded launches list much higher |
| Typical rental yield | Around 5.3% gross on apartments (calculated from Cavendish Maxwell Q1 2026 data) |
| Property types | Apartments, branded residences and a limited number of villas |
| Best for | Growth ahead of the Wynn opening |
| Ownership | Freehold for all nationalities |
Figures are market averages and change over time. Individual properties vary widely by building, view and size.
Living in Al Marjan Island
The islands offer beaches, resort hotels and a growing choice of restaurants, with Al Hamra Mall and marina around 10 minutes away and Ras Al Khaimah International Airport about 15 minutes. Dubai is roughly an hour's drive.
Pros
- The Wynn resort opening in 2027 as a major catalyst
- Beachfront homes at lower prices than Dubai
- Freehold for all nationalities
- Branded residences from global hotel groups
Things to weigh
- A smaller, less liquid resale market than Dubai
- A big gap between valuations of existing homes and new launch prices
- Some growth may already be priced in
- No public price index like Dubai's
Is Al Marjan Island a good investment?
Al Marjan Island is a growth story built on tourism. Official valuations for existing apartments sit around AED 1,160 to 1,220 per sq ft, while new branded launches are listed at far higher prices, averaging around AED 2,600 per sq ft in Q1 2026 listings. That gap is important: price every purchase against real comparables, not just launch prices.
Buying and renting out in Al Marjan Island
Buying costs. Registration and transfer fees in Ras Al Khaimah differ from Dubai and Abu Dhabi, and published figures vary, so I confirm the exact costs for every property before you commit.
Service charges. Branded and resort-style residences usually carry higher service charges, which reduce net yields. Always compare them against the expected rent.
Renting out. Much of the demand on Al Marjan Island is from tourists, so holiday letting is popular, but it needs the right licence and management. Ras Al Khaimah is also a smaller market than Dubai, so plan for a longer resale period.
Current launches in and around Al Marjan Island
Looking for a real estate agent in Ras Al Khaimah? I can compare every current launch for you.
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Al Marjan Island FAQs
What is the price per square foot on Al Marjan Island?
Existing apartments were valued at around AED 1,160 to 1,220 per sq ft in 2026 (ValuStrat and Cavendish Maxwell), while new branded launches list much higher.
What rental yield does Al Marjan Island offer?
Around 5.3% gross on apartments, calculated from Cavendish Maxwell's Q1 2026 rental and capital values.
When does Wynn Al Marjan Island open?
Wynn Resorts has confirmed an opening in September 2027.
Can foreigners buy on Al Marjan Island?
Yes. Al Marjan Island is a freehold zone open to all nationalities.