Question 1

Beaches and Leisure Activities

Accepted Answer

Al Marjan Island is famed for its pristine private beaches, offering residents endless opportunities for relaxation and water sports. The area also features marinas and promenades, perfect for evening strolls or dining by the water.

Question 2

Dining and Shopping

Accepted Answer

The island is home to a variety of international restaurants and cafes, catering to diverse tastes. Nearby malls like Al Hamra Mall and Manar Mall in Ras Al Khaimah provide excellent shopping, dining, and entertainment options.

Question 3

Schools and Healthcare

Accepted Answer

Families will appreciate the proximity to top-rated schools such as RAK Academy and Choueifat International School, both within a 20-minute drive. High-quality medical facilities, including RAK Hospital and Saqr Hospital, are also easily accessible.

Question 4

Golf Courses and Parks

Accepted Answer

Golf enthusiasts will enjoy the Al Hamra Golf Club, a short drive from Al Marjan Island. The area also boasts several parks and green spaces, ideal for outdoor activities and family picnics.

Question 5

Can expatriates buy property in Al Marjan Island?

Accepted Answer

Yes, expatriates can purchase freehold properties in Al Marjan Island, making it an attractive option for foreign investors.

Question 6

What is the expected completion time for most off-plan projects?

Accepted Answer

The completion time varies by project, but most off-plan developments in Al Marjan Island are completed within two to three years.

Question 7

Are payment plans available for off-plan properties?

Accepted Answer

Yes, developers offer flexible payment plans, often requiring a 10% to 20% down payment and instalments spread over the construction period.

Question 8

What amenities can I expect in off-plan properties?

Accepted Answer

Off-plan properties in Al Marjan Island typically feature modern designs, private beach access, swimming pools, gyms, and landscaped gardens.

Question 9

Is it safe to invest in off-plan properties?

Accepted Answer

Yes, provided you work with a RERA-licensed broker and ensure the developer’s escrow account is in place to safeguard your investment.

Question 10

How do I calculate ROI for off-plan properties?

Accepted Answer

ROI is calculated by dividing the annual rental income by the property purchase price and multiplying by 100. Consult a local expert for accurate projections.

Question 11

Are there tax benefits for property investors in Al Marjan Island?

Accepted Answer

The UAE has no income tax or capital gains tax, making Al Marjan Island an attractive destination for property investors.

Off-Plan Properties in Al Marjan Island