Al Marjan Island Captures 64% of RAK Off-Plan Apartment Views, Gulf Business Reports

• 2026 — Key year
• 64% — Notable rate
• 64 — Volume / scale

Al Marjan Island continues to dominate Ras Al Khaimah's off-plan residential market, capturing 64% of all apartment listing views on major UAE property portals during the first half of 2026, according to data cited by Gulf Business. The man-made archipelago, which hosts the under-construction Wynn Al Marjan Island resort and a cluster of branded residences from Address, Anantara, and Radisson, has seen search interest surge 42% year-on-year. Average asking prices for off-plan units on the island now range from AED 1,450 to AED 2,100 per square foot, a 12-18% premium over mainland RAK beachfront projects. Marjan Group CEO Abdulla Al Abdouli attributed the traction to "concentrated inventory quality" — over 80% of active off-plan stock on the island is attached to five-star hotel brands with guaranteed rental management programmes. The data also reveals a shift in buyer geography: GCC nationals now represent 38% of inquirers, up from 26% in H1 2025, while European and CIS investors account for a combined 41%. Handover schedules for the current pipeline stretch from late 2026 through 2029, with the first Address Residences tower slated for Q4 2026 delivery. Analysts note the island's share of total RAK off-plan transaction volume — estimated at 52% in H1 — lags its search dominance, suggesting a conversion funnel that remains heavily weighted to the research phase.