MoonStone by OCTA/Durar F5

MoonStone is a luxurious residential building being developed by OCTA in partnership with Durar F5, and is being constructed on Al Marjan Island in the emirate of Ras Al Khaimah. This man made archipelago is becoming the most sought-after resort destination, offering its residents and guests magnificent natural beauty, stunning beaches, and upscale hospitality services and amenities.

The development will feature 16 residential floors, a ground floor with a lobby, a basement, and a parking level. The nature-inspired design of the building is consciously planned to provide unobstructed sea views from every property, while the limited number of residences arranged along a single corridor ensures privacy and seclusion.

The project offers 1–3 bedroom apartments ranging in size from spacious 800 sq. ft to a very generous 2,865 sq. ft. Each apartment features sizable living rooms, closed kitchens, bedrooms which all come with en-suite bathrooms and built-in wardrobes, as well as balconies to soak up the stunning views. Some of the 2 and 3-bedroom apartments have spacious terraces providing an extra lounge area where you can watch the famous sunsets from the comfort of your own home.

MoonStone features some of the most exclusive residences for those who value spacious deluxe living, as there will be only 4 duplex-penthouses with five bedrooms and a floor area of up to 5,636 sq. ft, as well as 6 private four-bedroom villas with up to 5,651 sq. ft of living space. A distinctive feature of these properties is an extensive terrace with a private pool and a sunbathing deck.

Chalets are another type of unique residences that come with their own swimming pool and outdoor seating area. These studio-like units, which have a single living space with a kitchen, range in size from a compact 345 sq. ft to 463 sq. ft.

The developer has collaborated with the luxury Italian fashion house, Missoni, to create interiors that harmonise with the picturesque scenery of the surrounding island. Every detail reflects the luxurious atmosphere, giving residents a sense of being in the ultimate resort destination every day. 

Meanwhile, this incredible project provides a huge selection of premium amenities, including a roof-top infinity pool, a gym, a spa, a swimming pool on the ground floor with a residents lounge, a paddle court, a nursery room, and a garden. There is a parking space for each residence and the complex also offers visitor parking.

Al Marjan Island, where MoonStone will be located, is a man-made archipelago that is actively developing and rapidly gaining a reputation as the place to be in terms of premier resort destinations in Ras Al Khaimah. Al Marjan Is Blvd connects the island with the mainland of the emirate and leads to Sheikh Mohammed Bin Salem Rd. It takes approximately one hour to reach Dubai, while Ras Al Khaimah International Airport (RKT) is 30 minutes’ away.

The MoonStone complex will be surrounded by gorgeous hotel developments, with one of them being the highly anticipated Wynn Al Marjan Island, which will feature the UAE's first casino, along with retail stores, restaurants, a theatre, and other entertainment venues.

For dining, residents can choose plenty of restaurants that will be within walking distance of the complex, including CLAW BBQ RAK, Karma Kafé Rak by Buddha — Bar, Sanchaya, and many others. Plenty of other reputable restaurants can be found in Al Hamra Village, which is also home to Al Hamra Mall, featuring a variety of shops, cafes, an amusement centre, and a cinema. This shopping centre is 10 minutes’ away by car, and Al Hamra Sailing Club and Al Hamra Golf Club are within the same distance from the complex.

Those who love history and architecture will find many interesting museums and preserved monuments in Ras Al Khaimah. One of them, which is just 15 minutes’ from MoonStone, is the Al Jazeera Al Hamra open-air museum, which features a fort, a mosque, a souk, and traditional fishermen's houses. RAK is known for having deep history and heritage, and is proud to incorporate this into the emirate’s future, which makes the area even more attractive and beautiful.

The social infrastructure of the emirate is well developed, and within 15 minutes’ of the complex, residents will find lots of educational and medical facilities. For children, there is Red Bus kindergarten, Little Treasures kindergarten, Chubby Cheeks Nursery Ras Al Khaimah, RAK Academy — British School Al Hamra-BSH, and Zainab School for Basic and Secondary Education. Qualified medical care is available in RAK Medical Centre Al Hamra, RAK Medical Centre Al Jazeera, and Sheikh Khalifa Specialty Hospital.

Construction of the MoonStone complex is about to begin, with completion scheduled for Q4 2026. MoonStone will become a worthwhile investment or a luxury residence for those wishing to live in a stylish property along the gorgeous coast, while being surrounded by some of the best upscale resort infrastructure.

The exclusive MoonStone project will also serve as a perfect real estate for rentals, as residences within the resort neighbourhood with private terraces and swimming pools, as well as picturesque sea views, will be in demand among tenants. As of Q4 2023, the annual rental price for a one-bedroom apartment on Al Marjan Island is AED 39K (USD 10.6K). Moreover, the emirate's fantastic climate, first-class amenities, and hospitality services will ensure a constant demand for real estate in the area, and as the island continues to develop, properties can be resold with a 15–20% profit.

Once the project is handed over, you will be able to obtain an investor visa valid for 2 or 10 years, depending on the value of the purchase. This type of residency can be extended as long as you remain the owner of the property.