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About This Project
Manta Bay is a Maldives-inspired residential development by Major Development on Al Marjan Island, Ras Al Khaimah. What sets it apart is the world's first sandy rooftop beach, perched 197 ft in the air, alongside over 30 onsite amenities — from a lagoon BBQ area and pool bar to a hammam, sauna, aquarium, cigar lounge, and floating meditation deck. Residences come in studio, 1BR, and 2BR configurations, finished in calming pastel tones with practical layouts including a maid's room, wet kitchen, storage, and laundry. Al Marjan Island is RAK's premier waterfront address — a man-made archipelago with direct sea access, growing hospitality infrastructure, and proximity to Little Treasures Nursery and RAK Academy British School Al Hamra. The island sits roughly 45 minutes from Dubai and is home to the upcoming Wynn Al Marjan Island resort, accelerating the area's profile as a regional leisure destination. Manta Bay offers a 60/40 payment plan with handover targeted for Q4 2026. Major Development projects an ROI of 10–12%, with 1BR short-term rental yields averaging AED 250K per year at an 85% occupancy rate. Prices start from AED 1.3M, making this a compelling entry point into one of the UAE's fastest-appreciating coastal markets.
Investment Highlights
Expected ROI of 10-12% as stated by Major Development
Short-term rental estimate of AED 769 per night for a 1BR unit with 85% occupancy rate
Proximity to world-renowned resorts such as Rixos Bab Al Bahr and Movenpick Resort Al Marjan Island drives tourism demand
Dedicated property management company provided by the developer for rental services including advertising, reception, and cleaning
Payment Plan
60/40
