3-Bedroom Sea-View Apartment in Address Residences Al Marjan Island, Building 3 at Original Price

Property Overview

This 3-bedroom apartment in Building 3 of Address Residences Al Marjan Island, Ras Al Khaimah, is offered at AED 5,637,000, the same as its stated original price. The unit measures about 1,729 sq ft, sits on a high floor and has a sea view, according to the agent. It is an off-plan resale posted as a distress listing.

Property Highlights

• Property type: Apartment
• Bedrooms: 3
• Size: about 1,729 sq ft
• Floor: High floor (agent-stated)
• View: Sea view (agent-stated)
• Asking price: AED 5,637,000
• Original price: AED 5,637,000 (agent-stated)
• Price per sq ft: about AED 3,260
• Building: Address Residences Al Marjan Island, Building 3
• Location: Al Marjan Island, Ras Al Khaimah

Why This Is Listed as an Off-Plan Distress Deal

The agent describes this as a distress listing at the original price. The selling price and the original price are both AED 5,637,000, so there is no discount and no savings figure applies. The listing is classified as an off-plan resale because the project is still under construction and the seller is offering the unit at the original price rather than at a premium.

The amount already paid to the developer was not supplied. Buyers should ask for the developer's statement of account to understand how much would be paid to the seller and what remains payable to Emaar.

No transaction record or dated market comparison was supplied, so this page does not claim the price is below market.

About the Project, Developer and Community

Address Residences Al Marjan Island is an Emaar project carrying the Address Hotels + Resorts brand, located on Al Marjan Island in Ras Al Khaimah. Published project information describes a mix of 1 to 3-bedroom apartments, townhouses and a small number of penthouses, with resort-style facilities such as an infinity pool, gym, spa and promenade. Final facilities should be confirmed with the developer.

Al Marjan Island is a man-made group of islands off the Ras Al Khaimah coast, developed for beachfront homes, hotels and leisure.

Layout, Floor and View

The agent confirms a 3-bedroom apartment of about 1,729 sq ft on a high floor with a sea view. The exact floor number, bathroom count, parking and unit number were not supplied, so they are not stated here. Ask DPF for the floor plan before arranging a viewing.

Payment Plan and Handover

The unit's handover date and payment status were not supplied. Published project data points to completion in 2028, with sources differing between Q1 and Q4 2028. Buyers should confirm the handover date in the SPA, along with remaining instalments, developer transfer or NOC fees, and the Ras Al Khaimah land department transfer fee.

Location and Connectivity

Al Marjan Island lies on the coast of Ras Al Khaimah, connected to the mainland by road. Exact travel times depend on traffic and are not stated here.

Verification Notes

• Agent-supplied facts: building, community, bedrooms, size, high floor, sea view, original price and selling price.
• DPF-calculated figures: price per sq ft.
• External research: developer, brand partner, unit mix, facilities and location, from portal project data.
• Not verified: SPA, statement of account and this unit's handover date. Buyers should review these before proceeding.