Off-Plan 1-Bedroom Apartment at Shoreline by DAMAC, Al Marjan Island, 21% Below Original Price

1-Bedroom Apartment Shoreline by DAMAC Al Marjan Island — Tower Exterior
1-Bedroom Apartment Shoreline by DAMAC Al Marjan Island. Tower Exterior.

AED 1,500,000 was AED 1,898,000

Deal typeBelow OP
PriceAED 1,500,000
Original priceAED 1,898,000
SavingAED 398,000 (21%)
Bedrooms1
TypeApartment
StatusOff-Plan
DeveloperDAMAC Properties
Area / Master developmentAl Marjan Island
Sub-community / PhaseShoreline by DAMAC
CommunityAl Marjan Island

Property Overview

This off-plan 1-bedroom apartment at Shoreline by DAMAC, on Al Marjan Island in Ras Al Khaimah, is offered at AED 1,500,000. The agent states an original purchase price of AED 1,898,000, placing the asking price AED 398,000, or 21.0%, below the original price. The unit is being sold as an off-plan resale.

Property Highlights

  • Property type: Apartment
  • Bedrooms: 1
  • Project: Shoreline by DAMAC
  • Location: Al Marjan Island, Ras Al Khaimah
  • Asking price: AED 1,500,000
  • Original purchase price (agent-stated): AED 1,898,000
  • Discount: AED 398,000 (21.0% below original price)
  • Status: Off-plan resale

Why the Price Qualifies as Below Original Price

The comparison uses the original purchase price supplied in the agent's resale brief (Deal #276), received on 29 September 2026. The asking price of AED 1,500,000 is AED 398,000 lower than the stated original price of AED 1,898,000. That is a reduction of 20.97%, matching the agent's stated figure and rounded here to 21.0%.

The benchmark is the seller's original purchase price, not a registered transaction or a market valuation. DPF has not yet reviewed the SPA, so buyers should confirm the original price and the amount already paid before committing.

About the Project and Developer

Shoreline by DAMAC is a beachfront development by DAMAC Properties on Al Marjan Island, a group of man-made islands off the Ras Al Khaimah coast. According to DAMAC, the project offers 1-, 2- and 3-bedroom apartments alongside 4- and 5-bedroom townhouses, with direct access to a private beach.

Project amenities listed by DAMAC

  • Private beach with direct access
  • Adult and children's swimming pools
  • Gym and yoga facilities
  • Watersports

These are project-wide features. Buyers should confirm final specifications and service charges with DAMAC.

Layout, Floor and View

The apartment has one bedroom. The unit size, building or phase, floor, view and bathroom count were not included in the brief. A floor plan has been requested and these details will be added once confirmed.

Payment Plan and Handover

The unit is being sold as an off-plan resale. The agent did not supply the payment plan, the amount already paid to DAMAC or a unit handover date. DAMAC's project page currently targets Q3 2028 for the project. Buyers should confirm outstanding instalments, the completion schedule and DAMAC's transfer requirements against the SPA and the developer's records.

Location and Connectivity

Al Marjan Island lies off the coast of Ras Al Khaimah and is connected to the mainland by road. Because the property is in Ras Al Khaimah rather than Dubai, registration and transfer fees follow Ras Al Khaimah rules, not Dubai Land Department fees.

Verification Notes

  • Agent-supplied facts: project, community, property type, bedrooms, off-plan status, original price and asking price.
  • DPF-calculated figures: savings amount and savings percentage.
  • External project research: developer, unit mix, amenities and project handover target from DAMAC Properties' official project page.
  • Not yet verified: unit size, building or phase, floor, view, unit handover date, SPA and payment status.
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1-Bedroom Apartment Shoreline by DAMAC Al Marjan Island. Living Room.
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1-Bedroom Apartment Shoreline by DAMAC Al Marjan Island. Kitchen.

Frequently asked questions

What is the asking price of this Shoreline by DAMAC 1-bedroom apartment?

The asking price is AED 1,500,000 for an off-plan 1-bedroom apartment at Shoreline by DAMAC on Al Marjan Island, Ras Al Khaimah.

How far below the original price is it?

The agent states an original purchase price of AED 1,898,000. The asking price is AED 398,000 lower, a discount of 21.0% below the original price.

What is the size and price per square foot?

The unit size was not included in the agent's brief, so a price per square foot cannot yet be calculated. DPF will add both once the floor plan is confirmed.

Where is Shoreline by DAMAC?

Shoreline by DAMAC is a DAMAC Properties beachfront project on Al Marjan Island in Ras Al Khaimah, offering apartments and townhouses with direct beach access.

What amenities does the project offer?

DAMAC lists a private beach with direct access, adult and children's pools, gym and yoga facilities and watersports among the project amenities.

When is handover expected?

The agent did not supply a handover date for this unit. DAMAC's project page currently targets Q3 2028 for the project, and buyers should confirm the unit's schedule against the SPA.

What should a buyer verify before proceeding?

Buyers should check the SPA original price, the amount already paid to DAMAC, the outstanding payment schedule, DAMAC transfer requirements, Ras Al Khaimah registration fees, and the unit's size, floor and view.

Buyer costs

What you will pay

Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price—
DLD transfer fee—
NOC fee—
Trustee / registration—
Agency fee—
VAT on agency (5%)—

Total cost

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

—

Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

Read our full property verification methodology →

Browse this listing by developer, location, property type and bedroom count.

DeveloperDAMAC PropertiesAreaAl Marjan IslandSub-communityShoreline by DAMACCommunityAl Marjan IslandCityRas Al KhaimahTypeApartmentBedrooms1 BedroomsCountryUnited Arab EmiratesBrowseAll distress deals

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