Casino and Sea-View Apartment in Nikki Beach Residences, Al Marjan Island at Original Price

Apartment Nikki Beach Residences Al Marjan Island — At Island By Aldar Properties
Apartment Nikki Beach Residences Al Marjan Island. At Island By Aldar Properties.

AED 3,380,000 was AED 3,380,000

Deal typeOff-Plan Distress
PriceAED 3,380,000
Original priceAED 3,380,000
Size1297 sq.ft
TypeApartment
StatusOff-Plan
HandoverQ1 2028
DeveloperAldar Properties
Area / Master developmentAl Marjan Island
Sub-community / PhaseNikki Beach Residences
CommunityAl Marjan Island

Property Overview

This off-plan apartment in Nikki Beach Residences, Al Marjan Island, Ras Al Khaimah, is offered at AED 3,380,000, the same as its stated original price. The unit measures about 1,297 sq ft and has casino and sea views, according to the agent, who also describes it as one of the better layouts. Handover is expected in Q1 2028.

Property Highlights

  • Property type: Apartment
  • Size: about 1,297 sq ft
  • View: Casino and sea view (agent-stated)
  • Asking price: AED 3,380,000
  • Original price: AED 3,380,000 (agent-stated)
  • Price per sq ft: about AED 2,606
  • Expected handover: Q1 2028 (agent-stated)
  • Building: Nikki Beach Residences
  • Developer: Aldar Properties
  • Location: Al Marjan Island, Ras Al Khaimah

Why This Is Listed as an Off-Plan Distress Deal

The agent describes this as a distressed listing at the original price. The selling price and the original price are both AED 3,380,000, 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 Aldar.

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

Nikki Beach Residences is a beachfront residential project on Al Marjan Island by Aldar Properties, in partnership with the Nikki Beach hospitality brand. Published project information lists 1 to 4-bedroom apartments, sky terraces and sky villas, with facilities including an infinity pool, beach access, a gym, sauna, yoga area, clubhouse and children's play areas. Final facilities should be confirmed with the developer.

Al Marjan Island is a man-made group of islands off the Ras Al Khaimah coast, home to several beachfront resorts.

Layout, Floor and View

The agent confirms an apartment of about 1,297 sq ft with casino and sea views. The bedroom count, floor, 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

According to the agent, handover is expected in Q1 2028. Buyers should confirm the amount paid, remaining instalments, developer transfer or NOC fees, and the Ras Al Khaimah land department transfer fee in the SPA and with Aldar.

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, size, casino and sea view, original price, selling price and Q1 2028 handover.
  • DPF-calculated figures: price per sq ft.
  • External research: developer, brand partner, unit mix, facilities, handover target and location, from portal project data.
  • Not verified: bedroom count, SPA, statement of account. Buyers should review these before proceeding.

Frequently asked questions

What is the asking price of this Nikki Beach Residences apartment?

The asking price is AED 3,380,000 for an off-plan apartment of about 1,297 sq ft with casino and sea views in Nikki Beach Residences, Al Marjan Island, Ras Al Khaimah.

Is this apartment priced below its original price?

No. The agent states the selling price equals the original price of AED 3,380,000, so there is no discount. It is an off-plan resale offered at the original price rather than at a premium.

What is the price per square foot?

At AED 3,380,000 for about 1,297 sq ft, the rate works out to roughly AED 2,606 per sq ft.

When is handover expected?

The agent states handover in Q1 2028, which matches published project information. Buyers should confirm the date in the SPA.

Who is developing Nikki Beach Residences?

Nikki Beach Residences on Al Marjan Island is developed by Aldar Properties with the Nikki Beach hospitality brand. It offers 1 to 4-bedroom apartments plus a small number of sky terraces and sky villas.

What should a buyer verify before proceeding?

Buyers should confirm the bedroom count and floor plan, the original SPA price, the amount paid, the remaining instalments, Aldar's transfer requirements and the Ras Al Khaimah land department transfer fee before committing.

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

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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.

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