Al Marjan Island is a man made island in the emirate of Ras Al Khaimah, which is home to luxurious hotels and resorts. Rosso Bay Residences will become one of the top holiday destinations, with a variety of leisure infrastructure.
Residents can relax on the beach, enjoy water sports, visit the spa or salon, take a walk in the parks or dine in one of the fancy restaurants or bars located on-site or in the nearby complexes. One of the upscale hotels within close proximity to the project is the highly anticipated Wynn Al Marjan Island Hotel that will soon boast the first casino in the UAE.
Al Marjan Island is connected to the mainland of Ras Al Khaimah by Al Marjan Is Blvd, which leads to Sheikh Mohammed Bin Salem Rd. This major road runs through the entire emirate and is also the best way to get to Dubai in less than an hour.
Ras Al Khaimah is an emirate with a rich history, which can be discovered at Al Jazeera Al Hamra, which is a preserved traditional village that has become an open-air museum, and is just a 15-minute drive from the complex. For residents, who are interested in archaeology, the National Museum of Ras Al Khaimah is about a 25 minute drive away. Those who are keen on mountain hiking can go up 1,250 metres above sea level at Jais Viewing Deck Park. In order to admire the breathtaking scenery you need to drive for about an hour from Rosso Bay Residences – but it’s totally worth it!
Al Hamra Mall, located 10 minutes’ by car from the complex, is the perfect shopping destination for those who would rather spend their free time mooching around the stores. Residents can stroll along the lagoon in the Al Hamra Village area, take a boat trip from Al Hamra Marina & Yacht Club, or play a round of golf at Al Hamra Golf Club.
There is a wealth of social infrastructure within a 15-minute drive of Rosso Bay Residences, meaning that residents won’t have to travel far for medical care or to take their children to school. Nearby educational institutions include Red Bus Nursery, Little Treasures Nursery, RAK Academy — British School Al Hamra-BSH, and Al Jazeera Al Hamra School. Medical care is provided at RAK Medical Centre Al Hamra, Aljazeera Health Centre, Sheikh Khalifa Specialty Hospital, and RAK Medical Centre Al Jazeera.
Rosso Bay Residences is scheduled for handover in 2028, and after that you can live in the most desired resort destination of Ras Al Khaimah. Properties within the complex will be suitable for permanent living, vacation accommodation or as a rental property. Investors may even consider buying fully furnished apartments that can be rented out immediately after the development is constructed. As of Q4 2023, a one-bedroom apartment on Al Marjan Island can be rented out for an average price of AED 39K (USD 10.6K) per year.
Interested investors can also count on making the most of the favourable deals during the initial phase of the project. Apartments in Rosso Bay Residences can be purchased with a lucrative 60/40 payment plan and resold with a profit upon completion of construction.
Interested investors can also count on making the most of the favourable deals during the initial phase of the project. Apartments in Rosso Bay Residences can be purchased with a lucrative 60/40 payment plan and resold with a profit upon completion of construction.