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About This Project
Park Beach Residence is a beachfront development by Park Group on Al Marjan Island, Ras Al Khaimah. Phase 2, launched September 2024, adds studios and 1-2 bedroom apartments ranging from 434 to 1,312 sq. ft. Standout features include smart home controls for lighting and appliances, plunge pools in select 1-bedroom units, fully equipped kitchens, and private balconies across every residence. The building sits close to Sheikh Mohammed Bin Salem Street, giving residents quick access to Al Hamra Golf Club — the only DP World Tour venue in the Northern Emirates — Al Hamra Mall with 120+ shops, Spinneys, and RAK Medical Center. Ras Al Khaimah International Airport is 30 minutes away; Dubai is under an hour. On-site amenities include an infinity pool, rooftop running track, gym, cafe, pharmacy, daycare, and direct beach access. With Q4 2027 handover and a 60/40 payment plan, entry starts at AED 1,100,000. The developer projects a 30% annual rental ROI at 70% occupancy for 1-bedroom units, and owners receive 110 days of personal use annually. The nearby Wynn Al Marjan Island — the Middle East's first Wynn Resorts casino resort, opening early 2027 — adds significant capital appreciation potential.
Investment Highlights
Estimated rental ROI of 30% per annum with 70% occupancy for 1-bedroom units
Close proximity to Wynn Al Marjan Island, set to be the Middle East's first Wynn Resorts destination and premier gaming hub by 2027
Purchase of AED 2M+ entitles buyers to a 10-year UAE visa including spouse, children, and domestic staff
Located on Al Marjan Island next to Al Hamra Golf Club, a DP World Tour venue, enhancing lifestyle and rental appeal
Payment Plan
60/40
