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Al Marjan Island property prices: three developers, two confirmed figures

Pelagia publishes AED 2.3 million, while Address Residences Al Marjan Island and Cala Del Mar remain price on request. All three sit on the same island, from three different developers.

· By Orven Properties · 4 min read
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Lunara at The Strand, Al Marjan Island, Ras Al Khaimah
Pictured: Lunara at The Strand, Al Marjan Island, Ras Al Khaimah

Al Marjan Island property prices, across three projects from three different developers, show one confirmed figure and two still on request: Pelagia, by BNW Developments, starts from AED 2.3 million, while Address Residences Al Marjan Island, by Emaar, and Cala Del Mar, by Ellington, both remain price on request at the time of our most recent verification.

Pelagia: the published price on this list

Pelagia offers 158 homes plus 2 retail units, across four sizes: 112 one bedroom units (854 to 1,405 sq ft), 32 two bedroom units (1,211 to 3,602 sq ft), 12 three bedroom units (2,381 to 4,014 sq ft) and 4 four bedroom units (5,132 to 5,747 sq ft). The published plan is 10% at reservation, 40% during construction, 50% on completion, with handover targeted for the fourth quarter of 2027.

Address Residences Al Marjan Island: Emaar's scale play

Emaar's entry on the island, Address Residences Al Marjan Island, sits on View Island with more than 1,100 homes planned, 1 and 2 bedroom apartments, 3 bedroom townhouses and 4 bedroom penthouses, across a 77,000 square metre plot with roughly 40,000 square metres of waterfront. Despite this scale, neither price nor payment plan is published yet.

Cala Del Mar: Ellington's first Al Marjan release

Cala Del Mar brings studios through 4 bedroom apartments across 138 homes in a 13-storey tower, Ellington's first project on Al Marjan Island, close to the Wynn Resort. Like Address Residences, it remains price on request.

Fees worth knowing before any of the three

For a completed resale on Ras Al Khaimah, the ZL13 municipality service charges 2% of market value to the seller and 2% to the buyer, plus AED 200 for plan issuance and AED 200 for title issuance. For an off-plan registration, no official fee is published for any of these three projects; only Costa Mare, also on Al Marjan Island, publishes its own figure, an AED 3,000 RERA fee at reservation plus 4% at handover for title registration.

Island-wide ownership and the Wynn opening

Marjan, the master developer of freehold at Al Marjan Island, advertises 100% foreign ownership across its zone, a statement that applies to all three projects here regardless of their individual developer. Separately, the Wynn Al Marjan Island operator has announced an integrated resort opening in 2027; Cala Del Mar describes itself as close to that resort, with no distance or price effect confirmed.

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Comparing the three

ProjectDeveloperUnitsPrice
PelagiaBNW Developments158 + 2 retailFrom AED 2.3 million
Address Residences Al Marjan IslandEmaar1,100+On request
Cala Del MarEllington138On request

Financing across all three

A bank loan remains possible for certain non-residents at any of these three projects, always subject to the lender's approval, with no rate or financing share confirmed here. This applies equally whether a price is already published, as with Pelagia, or still pending, as with Address Residences and Cala Del Mar; the financing conversation with your bank can start before the developer releases a final figure.

Golden Visa at the confirmed price

At AED 2.3 million, Pelagia clears the AED 2 million Golden Visa threshold, subject to conditions confirmed by the authorities. The other two cannot be assessed until a price is published.

Where to read more

Our guide to investing in Al Marjan Island, Ras Al Khaimah covers the wider island, and our Pelagia, Al Marjan Island guide details that confirmed price in full. The project pages sit at /ras-al-khaimah/address-residences-al-marjan-island-emaar/ and /ras-al-khaimah/cala-del-mar-ellington/.

Next step

Tell your adviser your budget and preferred developer on WhatsApp at +971 52 776 1939 or at sales@orvenproperties.com, and we request current pricing for Address Residences or Cala Del Mar if Pelagia does not fit. You can also start your search at /find-your-home/.

FAQ

Which Al Marjan Island project has a published price? Pelagia, by BNW Developments, from AED 2.3 million, at the time of our verification.

Is Address Residences Al Marjan Island the largest of the three? Yes, with more than 1,100 homes planned, though its price and payment plan remain on request.

Are off-plan registration fees published for these three projects? No, except for Costa Mare on the same island, which publishes an AED 3,000 RERA fee at reservation plus 4% at handover.

Does Al Marjan Island allow full foreign ownership? Marjan, the island's master developer, advertises 100% foreign ownership across its zone, applying to all three projects covered here.

Does Pelagia qualify for the Golden Visa? Yes, at AED 2.3 million it clears the AED 2 million threshold, subject to conditions confirmed by the authorities.

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ORVEN PROPERTIES

Talk to an Orven adviser

Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.

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Frequently asked questions

Which Al Marjan Island project has a published price?

Pelagia, by BNW Developments, from AED 2.3 million, at the time of our verification.

Is Address Residences Al Marjan Island the largest of the three?

Yes, with more than 1,100 homes planned, though its price and payment plan remain on request.

Are off-plan registration fees published for these three projects?

No, except for Costa Mare on the same island, which publishes an AED 3,000 RERA fee at reservation plus 4% at handover.

Does Al Marjan Island allow full foreign ownership?

Marjan, the island's master developer, advertises 100% foreign ownership across its zone, applying to all three projects covered here.

Does Pelagia qualify for the Golden Visa?

Yes, at AED 2.3 million it clears the AED 2 million threshold, subject to conditions confirmed by the authorities.

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