Future property owners of Nikki Beach Residences will become part of the resort neighbourhood on Al Marjan Island, which has already gained a strong reputation as an attractive holiday destination. The area is continuously developing, and in the near future will become home to the UAE's first casino at the Wynn Al Marjan Island Hotel.
Al Marjan Island welcomes residents and guests with its gorgeous beaches, luxurious hotels, first-class amenities, and services. There will be no need to travel far to get everything you need for a comfortable, hassle-free lifestyle, as there will be a dedicated well-developed infrastructure once the development of the island nears completion. Restaurants of different cuisines, global branded boutiques, sports centres, and water activities rentals can all be found within the Nikki Beach Residences complex or the nearby resorts.
More entertainment options await at Al Hamra Village, which is no more than 10 minutes’ away by car. There is a large Al Hamra Mall with a good range of retail shops and restaurants, as well as a Spinneys supermarket. You can stroll around Al Hamra Marina & Yacht Club, enjoy one of the waterfront cafes, such as Marina Muse, overlooking the bobbing yachts, or outdoor enthusiasts can visit Al Hamra Golf Club for a round of golf.
Ras Al Khaimah has much to offer those who want to explore the history, architecture and heritage of the UAE. Just a 15-minute drive from Nikki Beach Residences is the old pearl fishing village of Al Jazeera Al Hamra, where traditional houses, a fort, a mosque, and a souk are preserved.
The emirate offers excellent infrastructure for families with children, as the nearest educational institutions; Red Bus Nursery, Little Treasures Nursery, and RAK Academy — British School Al Hamra-BSH, are all located within a 15-minute drive from Al Marjan Island. In case any medical help is needed, residents can visit RAK Medical Centre Al Hamra, RAK Medical Centre Al Jazeera, Nexus Medical Clinic, and Sheikh Khalifa Specialty Hospital.
Although public transport is not yet developed in the area, a good road network ensures easy travel within the emirate and beyond. Ras Al Khaimah International Airport is a 25-minute drive away, and Dubai can be reached in just under an hour.
Nikki Beach Residences will be a worthy addition to the resort environment on Al Marjan Island, providing future property owners with first class services and amenities. This man-made island is gaining popularity among locals and tourists, which will make the purchase of a residence within the complex a lucrative investment for those who intend to rent the property out. According to statistics, in Q4 2023 the average rental cost for a one-bedroom apartment on Al Marjan Island was AED 39K (USD 10.6K) per year. However, once the project is completed, the cost of real estate will rise significantly, which means you can make a healthy profit when you resell it.
Construction of Nikki Beach Residences is expected to be completed by 2028, but these spectacular luxury residences can already be booked at bargain prices now. When buying real estate during the construction phase, you can also benefit from a convenient 60/40 payment plan offered by the developer.
A 10-year Golden visa will become available to you and your family, if the investment sum is at least AED 2M (USD 545K).