DISTRESS | Park Beach Residence Al Marjan Island RAK | Studio | 434 Sqft | AED 1.05M | AED 400K Below OP | Near Wynn Resort | Transferable 3-Yr PHPP

Studio Apartment for Sale in Park Beach Residence, Al Marjan Island — 27.6% Below Original Purchase Price

A financially motivated seller is exiting their studio apartment at Park Beach Residence by Park Group on Al Marjan Island, Ras Al Khaimah, UAE at AED 1,050,000 — AED 400,000 (27.6%) below the original purchase price of AED 1,450,000. At AED 2,419 per sq ft, the buyer enters at a significant discount to the developer's original rate of AED 3,341 per sq ft for the same 434 sq ft unit. The seller has already invested approximately AED 565,500 (39% of total purchase price) into construction payments and is exiting below their total committed capital. The unit comes with a fully transferable 3-year post-handover payment plan (PHPP) — one of the few such structures available on Al Marjan Island — and is scheduled for handover in Q2 2027, contemporaneous with the Spring 2027 opening of Wynn Al Marjan Island, the UAE's first licensed integrated gaming resort located approximately 5 minutes from the building.

Property Highlights

• Project: Park Beach Residence by Park Group
• Location: Al Marjan Island, Ras Al Khaimah, UAE — near Wynn Al Marjan Island Resort
• Unit Type: Studio Apartment
• Size: 434 sq ft
• Floor: Low Floor
• View: Community View
• Asking Price: AED 1,050,000 (price is negotiable)
• Original Purchase Price: AED 1,450,000
• Saving vs Original Price: AED 400,000 (27.6%)
• Price Per Sq Ft: AED 2,419 (original developer rate: AED 3,341/sqft)
• Amount Already Paid: 39% (~AED 565,500)
• Payment Plan: Original 50/50 + 3-year PHPP — fully transferable to buyer
• Handover: Q2 2027
• Developer: Park Group & Deca Properties
• Status: Off-Plan Distress Resale | Near to Handover
• Ownership: Freehold — all nationalities eligible
• Listing Reference: PARKBEACH-AMI-STU-001

About Park Beach Residence and Park Group

Park Beach Residence is an 8-storey residential building on Al Marjan Island comprising 87 studios and 1–2 bedroom apartments designed as buy-to-let investment units. The development features smart home technology integrated into every unit — residents and owners can control lighting, temperature, humidity, and appliance operation remotely via app or voice command. Floor-to-ceiling windows and one or more balconies per unit are standard, and all units come with fully equipped kitchens (hob, fridge, oven, washing machine, microwave). The project is positioned on Al Marjan Island Boulevard, directly near the Wynn Al Marjan Island site, and offers direct beach access as part of its resident lifestyle package. Park Group's 50/50 payment plan with a 3-year post-handover period is highlighted by analysts as one of the most buyer-friendly structures currently available on Al Marjan Island — allowing investors to begin generating rental income from Wynn-era tourism demand immediately after handover while continuing to service the post-handover balance from rental receipts. The developer projects an estimated 30% annual ROI for 1-bedroom units based on 70% occupancy and 110 days of personal use — these are developer projections, not guaranteed returns, and buyers should conduct independent due diligence on realistic achievable yields.

Al Marjan Island — Community & Lifestyle

• Al Marjan Island is a man-made archipelago of four coral-shaped islands extending into the Arabian Gulf in Ras Al Khaimah — one of the UAE's fastest-growing tourism and residential destinations
• The island is home to multiple five-star beachfront resorts including Rixos Bab Al Bahr, Movenpick Resort Al Marjan Island, and DoubleTree by Hilton Resort & Spa Marjan Island
• Wynn Al Marjan Island — a $5.1 billion, 70-storey integrated resort with the UAE's first licensed casino, 1,542 rooms, 22 restaurants, a five-star spa, and 15,000 sq m of retail — is under construction approximately 5 minutes from Park Beach Residence and scheduled to open Spring 2027
• Al Hamra Mall (120+ shops, 12+ dining outlets, Spinneys supermarket, RAK Medical Center) is approximately 10 minutes away
• RAK Academy — British School Al Hamra is the closest school to the development
• The island has no public transport; private vehicle or taxi is the primary mode of access, which is standard for all Al Marjan Island properties
• Ras Al Khaimah International Airport is approximately 25 minutes by car; Dubai International Airport (DXB) is approximately 40–50 minutes; Sharjah Airport approximately 25 minutes

Amenities

• Infinity pool with Arabian Gulf vistas
• Fully equipped gymnasium
• Community hall and social spaces
• Private parking (one space per unit)
• Rooftop running and jogging track
• Direct beach access for residents
• Landscaped gardens and park areas
• Daycare facility within the building
• On-site café, pharmacy, and laundry services
• Gaming and entertainment area
• Smart home technology in all units (lighting, temperature, appliance control)
• Fully equipped kitchens (hob, fridge, oven, washing machine, microwave)

Layout & Floor Plan

The studio configuration at Park Beach Residence includes a combined living and sleeping area, a fully equipped open-plan kitchen, a bathroom, and a balcony with community views. Units feature floor-to-ceiling windows throughout, smart home integration, and high-quality modern interiors. This low-floor unit offers a community-facing orientation. The exact unit number, floor position, balcony dimensions, and detailed floor plan for this specific distress unit are available on request from the listing agent quoting reference PARKBEACH-AMI-STU-001.

Payment Plan — What the Buyer Steps Into

The original Park Group payment structure is 50/50 with a 3-year post-handover payment plan (PHPP). The current seller has paid 39% of the AED 1,450,000 original purchase price (~AED 565,500). The buyer purchases at AED 1,050,000 — AED 400,000 below the original purchase price — and assumes the remaining construction milestones, the handover tranche, and the 3-year post-handover balance. The transferable PHPP means the buyer does not need to settle 100% of the purchase price on handover; instead, 50% is spread across three years after handover, allowing rental income generated from Q2 2027 to service the ongoing post-handover instalments. Buyer's additional costs: DLD transfer fee 4% = AED 42,000; trustee/conveyancing ~AED 4,200. Total indicative immediate all-in cost for the buyer is approximately AED 1,096,200, plus the remaining plan balance. The complete outstanding payment schedule is available on request.

Location & Connectivity — Al Marjan Island, Ras Al Khaimah

• Wynn Al Marjan Island Resort (opening Spring 2027): ~5 min drive
• Al Hamra Mall (120+ stores, Spinneys, dining): ~10 min drive
• RAK Academy – British School Al Hamra: ~10 min drive
• Rixos Bab Al Bahr / Movenpick Resort Al Marjan: On-island, minutes away
• Al Marjan Island Beach Club: Adjacent
• Ras Al Khaimah International Airport: ~25 min drive
• Sharjah International Airport: ~25 min drive
• Dubai International Airport (DXB): ~40–50 min drive (less than 50 miles)
• Via Sheikh Mohammed Bin Salem Street and Al Marjan Island Boulevard

Why This Park Beach Residence Studio Is Worth Considering in 2026

• 27.6% below original purchase price: AED 400,000 is a material absolute discount — the buyer enters at AED 2,419/sqft versus the seller's AED 3,341/sqft entry. This is the seller's pain, delivered as the buyer's equity cushion
• 39% already paid — buyer benefits from sunk construction capital: The seller has funded ~AED 565,500 in construction progress. The buyer absorbs that progress while paying less than the seller's total cost
• Transferable 3-year PHPP — structural cash flow advantage: The PHPP allows the buyer to begin generating short-stay rental income from Wynn-era island demand from Q2 2027, using that income to service the remaining post-handover balance rather than requiring a full capital settlement on handover. This is a rare payment structure on Al Marjan Island
• Wynn Al Marjan Island — a confirmed, licensed, $5.1 billion demand catalyst: Wynn Resorts holds the UAE's first commercial gaming operator licence (issued October 2024). Construction topped out in late 2025 and the Spring 2027 opening is confirmed by both Wynn Resorts and Marjan LLC. The resort CEO has stated the UAE gaming market is estimated at $3–8 billion annually — comparable to the Las Vegas Strip. This is not a speculation; it is a confirmed development with a verified opening timeline. Its impact on Al Marjan Island short-stay rental demand from 2027 onward is a credible structural demand driver, though actual rental outcomes remain subject to market conditions
• RAK's first-mover positioning in UAE gaming and tourism: RAK's Tourism Development Authority targets 3.5 million visitors by 2030, up from current levels. Wynn's presence is expected to drive international tourism arrivals to the island significantly. Park Beach Residence, as a completed operational asset from Q2 2027, is positioned to capture the early wave of this demand
• Price is negotiable: The seller has indicated willingness to consider serious offers, adding further potential for a buyer to improve on the already-significant AED 400,000 discount

Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.