About Mondrian Residences

Starting priceAED 2,700,000
Payment plan20% booking
HandoverQ4-2028
Bedrooms1, 2, 3, 4 & 5 BR
Property typeApartments / Duplex / Penthouse
CommunityAl Marjan

The premium, branded residential project Mondrian Al Marjan Island Beach Residences at Al Marjan Island, Ras Al Khaimah developed by Elevate Developments offers a range of exclusive 1-3-BR apartments, 3-4-BR townhouses, 3-BR penthouses and 4-5-BR duplex residences. The project will feature just 343 residential units, from 799 sq. ft. to 8,582 sq. ft., that will create a low-density waterfront community with a high priority for privacy, elegance and undisturbed sea views.

The project is located next to the future Wynn Al Marjan Island that begins a new concept of luxurious lifestyle in the modern setting of seaside living. Each home by Gensler with interiors by Bergman Design House, features remarkable exterior design, rich interior finishes, spacious terraces and floor-to-ceiling glazing to maximize natural light and expansive ocean views.

The development also features amenities and services inspired by a resort, such as hospitality driven entertainment that enhance the residential experience. Residents will be able to have direct access to the beach, landscaped leisure areas, wellness centers and curated dining experiences. The project has been designed thoughtfully to balance privacy, recreation and social spaces, while simultaneously integrating the project with the waterfront environment.

🔑 Key Highlights of Mondrian Residences

  • Premium branded luxury residences
  • Limited collection of 343 residences
  • Apartments, duplexes, penthouses with 1-5-BR units
  • Prime waterfront island location
  • Exclusive direct beach access
  • Scenic views of the Arabian Gulf
  • Masterfully designed by Gensler
  • Just a few steps from the Wynn Resort
  • Completion expected by Q4-2028
  • Strong tourism-driven residential demand
  • Excellent high rental potential

Payment Plan

The payment plan has been developed to allow investors and end-users of Mondrian Al Marjan Island to enjoy long-term flexibility. The project starts at around AED 2.7 M with payment structure in a 60/40 ratio based on the construction phase, which means that the cost of the project is paid in parts, gradually to the buyer, until the project is handed over.

20%

Down Payment

On Booking

40%

During construction

In Easy Installments

40%

On Handover

On 100% Completion

Down PaymentDuring constructionOn Handover

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Features & Amenities

The lifestyle beach resort, Mondrian Al Marjan Island, is the perfect combination of leisure, wellness and hospitality. The overall setting and ambiance creates a simple and friendly residential area but with the feel of a high-end island getaway. Unrestricted deck, social areas and a well-being-driven array of amenities for everyday living and vacation style. The residents will have access to the beach, rooftop recreation areas, fitness and wellness areas, family-friendly areas and hospitality services. The personalised services for guests, such as concierge help, wellness treatments and private dining experiences are a great convenience, further enhancing the overall living experience.

Swimming pool
Fitness center
Kids play area
Beach access
Poolside bar
Finnish sauna
Rooftop padel
Wellness facilities

LOCATION ADVANTAGES

The location of Mondrian Al Marjan Island puts its residents in one of the hottest and fastest growing luxury tourism and waterfront investment centres in the UAE.The community is located in one of the UAE’s fastest growing luxury waterfront investment hubs, providing residents with an easy and convenient lifestyle. It is also located near the upcoming Wynn Resort & Casino, greatly enhancing the long-term value and potential for rentals of the project. Its connection to leisure, hospitality and entertainment hubs throughout Ras Al Khaimah. The surrounding infrastructure is in progress and new luxury hotels, shopping/entertainment areas and tourism centres are expected to be built in the next few years. It is convenient for residents as the beaches, golf courses, marinas and lifestyle centers are just a few minutes away.

  • 7 min – Wynn Al Marjan Island

  • 8 min – Beach District

  • 11 min – Al Hamra Mall

  • 12 min – RAK Central

  • 13 min – Al Hamra Golf Club

⤢ View map

Why Invest in Mondrian Residences ?

Wynn Resort will undoubtedly be one of the most important luxury tourism activities in the city in the coming few years. The branded positioning, prime beach front and nearness to the Wynn Resort makes Mondrian Al Marjan Island a solid investment option. Despite the modest number of residences on Al Marjan Island (just 343), exclusivity and value retention is still flourishing and the popularity of the island is on the rise, supporting rental demand from tourists and high-net-worth individuals alike.

The project also has the benefits of freehold, tax-free rental income and flexible payment scheme which is welcomed by regional and international buyers. Also, due to the expansion of both the hospitality and tourism industry across Ras Al Khaimah, the city’s long-term and short-term rental opportunities are expected to experience good occupancy rates. Based on market growth, the proposed project will yield rental returns of approximately 8-10% and the capital appreciation is likely to be 35-40% by 2030.

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