AED 1,845,980
Own this from just
7,593 AED/month1 Bedroom
2 Bathrooms
60,149 sqft / 5,588 sqm
APARTMENT FOR SALE IN AL MARJAN ISLANDPlaya Viva — Location
Playa Viva is located on Al Marjan Island (Al Marjan Island), Ras Al Khaimah, UAE. The project presents a unique investment opportunity for those interested in earning income from rental or resale properties.
Al Marjan is one of the most promising investment areas in Ras Al Khaimah, actively developing its infrastructure, making it attractive for renters and buyers.
Currently, the main driver of real estate price growth on the island is the Wynn Casino resort, which is scheduled to open on the island in 2027. With the opening of the first Wynn casino on Al Marjan Island, property prices are expected to rise by 10-20% in the first few years. Demand for housing will increase due to a higher tourist flow and business activity. Rental prices may rise by 15-25%, especially for short-term rentals, with a potential increase in profitability of 20-30% due to the area's high appeal to tourists and businesspeople.
Moreover, the area is known for its scenic beaches and luxury resorts, creating a high demand for rentals in the region. In 2023, rental yields for new waterfront apartments in Al Marjan reached 7-8%, with property prices rising by 5-7% annually. This trend is expected to continue in 2024-2025, making the area even more attractive to investors seeking stable income.
Playa Viva is surrounded by a well-developed infrastructure. Al Hamra Mall is about 10 km from the project. Dubai International Airport is 85 km away, while Ras Al Khaimah International Airport is just 25 km. The National Museum of Ras Al Khaimah and Al Nakheel Square can be reached within 20-30 minutes by car. The first Wynn Casino Resort in the UAE is located 2.3 km from the project.
=property features :
-1BR a
perfect investment| 1bhk furnished|Garden&Sea View
Playa Viva is located on Al Marjan Island (Al Marjan Island), Ras Al Khaimah, UAE. The project presents a unique investment opportunity for those interested in earning income from rental or resale properties.
Al Marjan is one of the most promising investment areas in Ras Al Khaimah, actively developing its infrastructure, making it attractive for renters and buyers.
Currently, the main driver of real estate price growth on the island is the Wynn Casino resort, which is scheduled to open on the island in 2027. With the opening of the first Wynn casino on Al Marjan Island, property prices are expected to rise by 10-20% in the first few years. Demand for housing will increase due to a higher tourist flow and business activity. Rental prices may rise by 15-25%, especially for short-term rentals, with a potential increase in profitability of 20-30% due to the area's high appeal to tourists and businesspeople.
Moreover, the area is known for its scenic beaches and luxury resorts, creating a high demand for rentals in the region. In 2023, rental yields for new waterfront apartments in Al Marjan reached 7-8%, with property prices rising by 5-7% annually. This trend is expected to continue in 2024-2025, making the area even more attractive to investors seeking stable income.
Playa Viva is surrounded by a well-developed infrastructure. Al Hamra Mall is about 10 km from the project. Dubai International Airport is 85 km away, while Ras Al Khaimah International Airport is just 25 km. The National Museum of Ras Al Khaimah and Al Nakheel Square can be reached within 20-30 minutes by car. The first Wynn Casino Resort in the UAE is located 2.3 km from the project.
=property features :
-1BR a
Property details
Property Type
Apartment
Property Size
60,149 sqft / 5,588 sqm
Bedrooms
1
Bathrooms
2
Available from
29 Apr 2025
Amenities
Central A/C
Shared Pool
Shared Spa
Security
Covered Parking
Walk-in Closet
Kitchen Appliances
View of Water
Shared Gym
Lobby in Building
Location
Price Insights
This property costs 5% less than the average price of 1 bedroom in Al Marjan Island
Average Sale Price is 1,941,468 AED
This property is 6396% bigger than the average size of 1 bedroom in Al Marjan Island
Average size is 926 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Marjan Island
Provided by
Amira Karim
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Diplomatic Real Estate RAK
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Experience
4 years
Languages
English, Arabic, Turkish
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Monthly payment
7,593 AED
with interest rate of
3.75%
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Regulatory information
Reference
01JT0945E9QEESFSSVCZN6JGM7
Listed
17 days ago
Broker License
40489
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