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About This Project
Mondrian Al Marjan Island Beach Residences is the world's first beachfront Mondrian property, developed by Elevate on Al Marjan Island in Ras Al Khaimah. Designed by Gensler with interiors by Bergman Design House, the project offers 343 residences — 1–3BR apartments, 3–4BR townhouses, and 3–5BR penthouses and sky villas — all with Arabian Gulf views, private beach access, and rooftop terraces. Amenities include cold plunge pools, a Finnish sauna, rooftop padel court, personal training studio, courtyard pool and bar, kids and teens club, and a private chef service. Al Marjan Island is RAK's fastest-rising waterfront address, and this project sits at its most desirable stretch of coastline. The Wynn Al Marjan Resort — the UAE's first casino resort — is opening nearby, accelerating infrastructure, tourism, and property values across the island. Residents also benefit from an electric car chauffeur service, cultural concierge, and a pedestrian bridge connection. With a 60/40 payment plan — 20% on booking, 40% during construction, 40% on handover — entry is structured and accessible from AED 2.7M. Handover is Q4 2028. Owners gain automatic VVIP status at 5,600+ hotels worldwide, 20% off Accor rates, zero income and capital gains tax, and UAE 10-year Golden Visa eligibility for purchases above AED 2M.
Investment Highlights
Strong capital appreciation driven by the nearby Wynn Al Marjan Island resort opening
Projected ~6-8% annual rental yields on Al Marjan Island beachfront property
10-year UAE Golden Visa eligibility for purchases over AED 2M
Limited number of branded beachfront residences with Mondrian/Ennismore brand management
Payment Plan
60/40






