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Property description
Project Description: Manta Bay on Al Marjan IslandOverview:
Manta Bay is an exciting new real estate development located on the stunning Al Marjan Island in Ras Al Khaimah, just an hour from Dubai. Known as an "Artificial Miracle of Ras Al Khaimah," Al Marjan Island is becoming a hub of luxury and innovation, attracting significant attention from investors and tourists alike. This project combines natural beauty with cutting-edge amenities, aiming to offer a luxurious lifestyle in a serene environment.
Project Features:
- Direct Access to the Beach: Enjoy the pristine, sandy beach and the clear waters of Al Marjan Island.
- Unique Architecture: The development features a revolutionary facade and panoramic glazing, emphasizing the area's beauty and prestige.
- Extensive Landscaping: Over 80% of the territory will be landscaped, providing ample open spaces and private terraces for each apartment.
- World's First Sandy Beach on the Roof: Located 80 meters high, designed by a famous brand, adding a unique touch to the project.
- Comprehensive Amenities: Includes a dance area, beach lounge, sauna, hammam, fitness area, yoga studio, aquarium, meeting area, pool, volleyball court, jacuzzi, beach bar, and more.
- Luxury Casino:Home to the world's largest and most luxurious casino at the Wynn Resort, set to open in 4Q 2026.
Payment Options:
The project offers two flexible payment plans to suit various financial preferences:
Option 1:
- EOI (Expression of Interest): 20k AED
- Booking: 5% of the property price
- First Payment: 25% of the property price
- Subsequent Payments: 2% every 3 months over 27 months (totaling 18%)
- Final Payment at Handover: 40% of the property price
Investment Prospects:
- Expected ROI: 10%-12% over 8 to 10 years from rental income.
- Value Increase: Projected annual increase of 20-25% over the first 3 years, with subsequent annual increases of 10-15%.
- High Demand: An anticipated annual influx of 4-5 million tourists by 2027 and a limited supply of 12,000 apartments and 8,000 hotel rooms ensure high demand and occupancy rates.
Oia Properties
Modern Standards Real Estate LLC