| Sheraton Residences at a glance | |
|---|---|
| Developer | Atara Development |
| Location | Sheraton Al Marjan Island Resort, Al Marjan Island, Ras Al Khaimah |
| Homes | Branded apartments, with 1 and 2-bedroom homes (studios reported in earlier releases) |
| Reported starting price | From around AED 2.2M, according to Atara |
| Handover | Q3 2028 |
| Ownership | Freehold for all nationalities |
What are the Residences at Sheraton Al Marjan Island?
The Residences at Sheraton Al Marjan Island Resort are the GCC's first Sheraton-branded homes, developed by Atara Development on Al Marjan Island in Ras Al Khaimah. The residences connect to the existing Sheraton Al Marjan Island Resort, so owners enjoy the resort's facilities and services while living in a private residential building.
According to Atara, the collection includes 168 branded residences across floors two to ten: 97 one-bedroom and 71 two-bedroom homes. Earlier releases also included studios, so ask me what's available today.
The homes
Homes are designed around Arabian Gulf views, with a soft contemporary palette, wood accents and layouts for living and working. Brokers report 1-bedroom apartments from about 968 sq ft and 2-bedroom apartments from about 1,142 sq ft, with homes sold furnished.
Amenities
- Private beach access
- Adult and children's pools, including a rooftop infinity pool
- Fitness centre with yoga and Pilates studios
- Residents' lounge and games room with a golf simulator
- Co-working space with meeting rooms and call booths
Location: Al Marjan Island
Al Marjan Island is Ras Al Khaimah's beachfront resort destination and the site of Wynn Al Marjan Island, which Wynn Resorts has confirmed will open in September 2027. The Sheraton Residences are a few minutes from the Wynn site, around 10 minutes from Al Hamra Mall and marina, and about 15 minutes from Ras Al Khaimah International Airport.
Prices and payment plan
Atara lists homes from around AED 2.2 million, while brokers quote figures from about AED 2.2 million to AED 2.4 million depending on the release. Payment plans have also varied between releases, including construction-linked plans with a smaller share during construction and a larger balance on handover. I'll confirm the current price list and plan for any unit you're considering.
Is it a good investment?
A first for the region. The first Sheraton-branded residences in the GCC, backed by a global hotel brand.
The Wynn effect. The UAE's first integrated resort is opening nearby in 2027, which is expected to drive tourism and rental demand on Al Marjan Island.
Resort living. Owners get resort facilities and a private beach, which appeals to both holiday-home buyers and short-term rental guests.
Golden Visa. Homes at AED 2 million and above can qualify for the 10-year UAE Golden Visa.
What to weigh
Ras Al Khaimah is a smaller market than Dubai, so resale can take longer. Some expected growth from the Wynn opening may already be reflected in Al Marjan Island prices. Branded residences also come with higher service charges and brand standards, so check the costs and any rental rules before you buy.
Looking for a real estate agent in Ras Al Khaimah? I can compare every current Al Marjan Island launch for you.
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Prices, payment plans and handover dates are launch figures published by the developer or reported by the market, and they change often. Contact me for current availability. This article is general information, not financial advice.
Frequently asked questions
Who is developing the Sheraton Residences on Al Marjan Island?
The Residences at Sheraton Al Marjan Island Resort are developed by Atara Development.
Are these the first Sheraton-branded residences in the GCC?
Yes. They are the first Sheraton-branded residences in the GCC.
When is the handover?
Handover is scheduled for Q3 2028.
How far is it from Wynn Al Marjan Island?
The residences are a few minutes from the Wynn Al Marjan Island site, which is expected to open in September 2027.
Can foreigners buy the Sheraton Residences?
Yes. Al Marjan Island is a freehold zone open to all nationalities.
RERA-licensed real estate consultant at Aeon & Trisl, specialising in off-plan and investment property, with AED 600M+ in closed deals and 100+ clients worldwide.