Residential Plot for Sale Island Al Marjan

Residential Plot for Sale – Island 4, Al Marjan Island, Ras Al Khaimah

Prime Waterfront Location | G+7 Approval | Freehold Ownership
Price: AED 51,754,380
Size: 34,502.92 sq. ft.
Usage: Residential
Height Approval: 2B + G + 7
FAR: 2.5x
GFA: Up to 86,257.30 sq. ft.

Key Highlights
Located on Island 4 – a premium address within Al Marjan Island, one of the UAE’s top waterfront destinations
Residential Freehold Plot – ideal for a mid-rise residential development
Development Scope – Build up to 2B + G + 7 floors, subject to design approval
Max GFA of 86,257.30 sq. ft. – giving strong ROI potential
Flexible Development Timeline – 3 years (1 year to start + 2 years to complete)
Sales Terms
Price per sq. ft. (land): AED 1,500
total Price: AED 51,754,380 (Exclusive of VAT & fees)
Payment Plan:
100% Payable Immediately (Non-refundable reservation fee)
PSPA must be signed within 30 days
Fees & Penalties
Payment Delay Penalty: 8% p.a.
Construction Delay Penalty: AED 0.025/day/sq. ft. of GFA
Land Registration: 4% shared equally between buyer and seller
Transfer Admin Fee: 1.5% (exempt for same group/family transfers)
Community Charges: AED 2.50/sq. ft. GFA
Why Invest in Al Marjan Island?
Home to the upcoming Wynn Casino Resort – first gaming destination in the GCC
Luxury hotels, pristine beaches, and strong tourism growth
Rapidly appreciating land value & high rental yields

Property details

Property Type

Land

Property Size

34,502 sqft / 3,205 sqm

Available from

17 May 2025