Investing in Al Marjan Island, Ras Al Khaimah: the full picture

Al Marjan Island is a cluster of four man-made islands off the coast of Ras Al Khaimah, developed by Marjan, the master developer of freehold real estate in the emirate. It is the single address where most of Ras Al Khaimah's current residential launches sit, from branded tower residences to beachfront apartment collections, and it is also where Wynn Al Marjan Island, the integrated resort announced for 2027, is under construction. This guide sets out what is actually on the island today, who each project suits, and what still needs to be confirmed before you commit. For the wider emirate, including Al Hamra Village, Mina Al Arab and RAK Central, see the Ras Al Khaimah destination page.

The master developer and what "freehold" means on the island

Marjan describes itself as the master developer of freehold in Ras Al Khaimah and promotes full foreign ownership on its projects, Al Marjan Island included. That is a statement from the developer, not a published list of freehold zones from the land department, so Orven treats it as the starting point rather than the final word: the exact ownership structure of any unit, and the registration process that applies to it, is confirmed at contract stage and with the Ras Al Khaimah land department, not assumed from marketing material. For how freehold works in Dubai by comparison, see our guide on Dubai's freehold zones for foreign buyers; the Ras Al Khaimah framework is a separate system, confirmed with your adviser.

The collection on Al Marjan Island today

Eight projects from our Ras Al Khaimah selection sit on Al Marjan Island, spread across several developers. Prices below are the published starting prices where the developer discloses them; everything else is on request and confirmed by your adviser.

Project	Developer	Typologies	Entry price	Delivery
Tonino Lamborghini Residences	BNW Developments	Studios to 3-bed, penthouses, villas, mansions	From AED 1.69M	Q4 2028
Aqua Arc	BNW Developments	1 to 3-bed, townhouses, penthouses	From AED 2.3M	Q3 2027
Pelagia	BNW Developments	1 to 4-bed	From AED 2.3M	Q4 2027
Address Residences Al Marjan Island	Emaar	1 to 2-bed, 3-bed townhouses, 4-bed penthouses	Price on request	On request
Cala Del Mar	Ellington	Studios to 4-bed	Price on request	On request
Costa Mare	Ellington	Studios to villas (5 to 6-bed)	Price on request	Q3 2028
Playa Del Sol	Ellington	Studios to 4-bed, one 4-bed villa	Price on request	Q4 2027
Lunara at The Strand	RAK Properties	1 and 2-bed, 3-bed penthouses	From AED 1.28M	Q1 2029

Current availability and unit-specific terms are confirmed by your adviser for every one of these, as the project pages themselves state. Project locations are approximate: your adviser confirms the exact plot before you reserve.

Matching a project to what you are trying to achieve

A pied-à-terre with brand recognition. Tonino Lamborghini Residences pairs a design identity with the widest typology range on the island, from studios to mansions, and its 30/70 payment plan is published, which makes early budgeting more concrete than on projects where price is still on request.
A family home. Address Residences Al Marjan Island and Costa Mare both publish townhouse or villa formats within a larger beachfront community, which suits buyers planning to use the unit themselves rather than simply hold it.
A first step onto the island at a lower entry point. Lunara at The Strand, from AED 1.28 million, is the most accessible published starting price on Al Marjan Island today, inside a development built around a 1.5-kilometre promenade and retail and dining units.
Proximity to Wynn Al Marjan Island. Cala Del Mar, Costa Mare and Playa Del Sol are each described on their own project pages as close to or next to the Wynn resort, whose opening is announced for 2027. None of that implies a stated effect on price; treat it as one factor among several.

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Golden Visa threshold, project by project

Aqua Arc and Pelagia both publish a starting price of AED 2.3 million, above the federal Golden Visa property threshold of AED 2 million, subject to conditions confirmed with the authorities. Tonino Lamborghini Residences (from AED 1.69 million) and Lunara at The Strand (from AED 1.28 million) sit below that threshold at entry price, though a larger unit within either collection could clear it; ask your adviser for current pricing by typology. Our guide on the Golden Visa's 2 million AED property threshold covers the federal rule in more detail; it applies the same way across the UAE, Ras Al Khaimah included.

What still needs to be confirmed before you commit

A handful of points are genuinely open, and no adviser should present them as settled:

Payment plan detail. Where a plan is published as a simple split, such as 30/70, the instalment schedule behind it is confirmed by your adviser rather than assumed.
Off-plan registration fees. Ras Al Khaimah's 2% buyer plus 2% seller registration fee applies to a completed sale; the fee structure for an off-plan reservation itself is not published by the land department and is confirmed project by project.
Ownership regime. As above, the freehold status of a specific unit is confirmed at contract stage, not assumed from the island's general positioning.
Resale. A developer no-objection certificate is required to resell a freehold property; the conditions attached to a resale before handover are confirmed with the developer directly.

Working with Orven on Al Marjan Island

Orven tracks the full Al Marjan Island collection and can walk you through current pricing, payment plans and availability for any of the eight projects above, as well as how a similar budget compares in Dubai. Message Orven on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com with your budget and goal, and your adviser replies with the projects and units that currently fit.

FAQ

Is Al Marjan Island freehold for foreign buyers? Marjan, the master developer, promotes full foreign ownership on the island. The precise freehold status and registration process for a given unit are confirmed at contract stage and with the Ras Al Khaimah land department.

Which project on Al Marjan Island has the lowest published starting price? Lunara at The Strand, from AED 1.28 million, among the projects that currently disclose a starting price. Several others, including Address Residences and the Ellington projects, are priced on request.

Does every project on Al Marjan Island qualify for the Golden Visa? Only if the unit price reaches AED 2 million, subject to conditions confirmed with the authorities. Aqua Arc and Pelagia clear that threshold at entry price; others may clear it on larger units, price on request.

How close are these projects to Wynn Al Marjan Island? Cala Del Mar, Costa Mare and Playa Del Sol each describe their own position relative to the Wynn resort on their project pages, without a stated distance. Ask your adviser for the current description of a specific project.

Can I buy on Al Marjan Island without visiting Ras Al Khaimah? Yes, Orven handles the process remotely for buyers based abroad, from first call to registration. Confirm any step that may require your physical presence or a power of attorney with your adviser before you reserve.