Park Beach Residence by Park Group

Park Beach Residence is a beachfront complex by Park Group on Al Marjan Island. It features buy-to-let studios and 1 & 2-bedroom apartments at a minimum size of 439 sq. ft.

In September 2024, the second phase of the Park Beach Residence complex was announced. Properties will be presented by a collection of studios and 1-2 bedroom apartments. Living areas of the residences range from 434 sq. ft to 1,312 sq. ft. The expected completion date of the development is Q4 2027.

Each property comes with one or more balconies, whilst select 1-bedroom apartments will have a study and a plunge pool. You will be able to control lighting temperature and appliances from your home or with voice commands with the help of the smart home technology. Not forgetting a fully-equipped kitchen with a hob, a fridge, an oven, a washing machine and a microwave at each residence.

Occupants of Park Beach Residence will have access to a gym, an infinity pool, a community hall, private parking, a daycare, a cafe, a pharmacy, a gaming area, a park, gardens, a rooftop track and a beach.

Park Beach Residence is prominently situated near Sheikh Mohammed Bin Salem Street, blending convenience with sophistication. Its prime location guarantees effortless travel, with Ras Al Khaimah International Airport a mere 30-minute journey away and Dubai accessible in under an hour.

Next to Park Beach Residence, you'll find the acclaimed Al Hamra Golf Club, the top golfing spot in the emirate and the only venue in the Northern Emirates to feature on the DP World Tour. For those with shopping and healthcare in mind, Al Hamra Mall is just around the corner. This mall offers 12 dining choices, more than 120 shops, a Spinneys supermarket, and the RAK Medical Center – Al Hamra, catering comprehensively to your lifestyle needs.

Within a quick 10-minute reach, residents have access to essential services and educational facilities like AlJazeera and Al Maya Supermarkets for daily needs, Al Ghadeer Kindergarten and Little Treasures Nursery for the youngest members of the family, RAK Academy – British School Al Hamra for quality education, and Al Jazeerah Al Hamra Cultural Sports Club for community engagement and activities.

Park Beach Residence stands out for its close proximity to Wynn Al Marjan Island, poised to become the Middle East’s first Wynn Resorts destination and the home of the country's premier gaming hub by early 2027.

According to the master developer, 1-bedroom properties in Park Beach Residence will generate a 30% rental ROI per annum, with a 70% occupancy, which is a unique investment opportunity. You will be granted 110 days of personal use of your apartment, making it the perfect combination of leisure and profit.

Investing in Park Beach Residence with a purchase of AED 2M (USD 545K) or more entitles you to a 10-year visa, which includes your spouse, children, and domestic staff.