Sea Facing Plot For Sale

Sea Facing Plot For Sale

Most Prime Location Sea facing plot for sale On Marjan Island G+8 Residential, Mixed use Size: 50,885 SqFt FAR : 2.0x (subject to meeting parking and other requirements) GFA : 101,770.84 Sqft Selling Price : AED 102 M Ca//WhatsApp for More Details +971585919345 About Al Marjan Island 1. Booming Tourism & Mega Projects Wynn Resort: A $3.9 billion integrated resort featuring the first casino in the UAE, slated to open by 2027. This is a game-changer for tourism, hospitality, and real estate values. RAK is positioning itself as a leisure and entertainment hub for the region, tapping into high-spending GCC, Indian, European, and Russian tourists. 🏝️ 2. Freehold Property for Foreigners Marjan Island offers 100% foreign ownership of properties—unlike many places in the UAE. High demand from expats and international investors looking for beachfront, resort-style living. 💸 3. High ROI & Capital Appreciation Property prices in RAK are still lower than Dubai, but rising fast—offering room for growth. Developers can benefit from lower entry costs and strong rental yields (especially short-term/Airbnb style near resorts). Increased investor confidence following the Wynn announcement and infrastructure upgrades. 📈 4. Strategic Government Support RAK’s government is actively encouraging investment with incentives, streamlined approvals, and a strong vision via RAK Vision 2030. Infrastructure investments (roads, utilities, airport expansion) support long-term value. 🌍 5. Lifestyle-Driven Demand Marjan Island is marketed as a luxury, family-friendly, waterfront destination—ideal for: Holiday homes Branded residences Serviced apartments Comparable to The Palm Jumeirah in Dubai, but earlier in its development lifecycle. 🛠️ 6. Developer-Friendly Environment RAK’s real estate regulations are developer-centric, with less red tape than Dubai or Abu Dhabi. Potential for joint ventures, off-plan sales, and pre-launch investor interest.