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DLD · MEDIAN 12M TO JUL 2026
Ice Beach Retail

Commercial Retail

Ice Beach Retail

CompletionTBC
DeveloperMajor Developments
LocationMarjan Beach, Ras Al Khaimah

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Property

Ice Beach by Major Developments

Location: Marjan Beach, Ras Al Khaimah .

Ice Beach is located on Marjan Beach, the UAE’s newest and most anticipated waterfront masterplan in Ras Al Khaimah. Set within an 85 million sq. ft. coastal development, Marjan Beach features 3 km of uninterrupted shoreline, 6.5 million sq. ft. of landscaped open space, and is projected to attract over 180,000 annual visitors.

Strategically positioned near Al Marjan Island, the area benefits from strong infrastructure and connectivity, including direct access to the E11 highway and proximity to Wynn Al Marjan Island, Al Hamra Village, and RAKEZ (Ras Al Khaimah Economic Zone). With a new bridge linking the island to the mainland and increasing hospitality-led development, Ice Beach enjoys a prime location in a tourism-driven growth corridor.

Ras Al Khaimah's rising non-resident investment and booming hospitality sector make it one of the fastest-growing real estate markets in the region, backed by robust government initiatives and a clear vision for global destination branding.

Project Overview

A Landmark Residential Development Featuring Boutique Retail

Ice Beach is a Dh 1.7 billion luxury beachfront project by Major Developments, designed in collaboration with globally acclaimed Bayaty Architects. The project features sculptural architecture, experiential interiors, and a bold design language that reflects the developer’s commitment to crafting future-ready coastal living experiences.

While the project is primarily residential, it includes a small selection of street-level retail units that are expected to serve both residents and the broader visitor base of Marjan Beach. The offering is intentionally limited, with an estimated 5–6 retail units to be released. ***Pending official confirmation from the developer.

Building Configuration

  • Project Type: Luxury Residential with Ground-Level Retail
  • Developer: Major Developments
  • Design Partner: Bayaty Architects
  • Retail Units: Estimated 5–6 units (to be confirmed)
  • Ownership: Freehold
  • Location: Marjan Beach, Ras Al Khaimah

Retail Overview

  • Unit Count: Estimated 5–6 units ***Pending official confirmation from the developer

  • Release Status: Retail details pending developer announcement

  • Use Case: Ideal for café, wellness, or lifestyle concepts targeting tourists and residents

  • Exposure: High-footfall beachfront with access to Marjan’s visitor traffic

  • Connectivity: Close to Wynn Al Marjan Island, RAKEZ, Al Hamra Village, and new infrastructure links

  • Payment Plan: To be announced by the developer

    ***CONTACT US FOR AVAILABILITY AND SPECIALLY NEGOTIATED RATES

Design & Finishes

  • Contemporary coastal architecture by Bayaty Architects
  • Sculptural forms and premium spatial layout
  • Ground-floor integration with pedestrian walkways and shoreline access

Views

  • Direct beachfront exposure with panoramic Arabian Gulf views
  • Positioned along Marjan Beach’s 3 km public shoreline
  • Walking distance to major lifestyle and hospitality anchors

Why Marjan Beach

Ras Al Khaimah’s Most Coveted Waterfront Address

Marjan Beach is fast emerging as the UAE’s premier lifestyle and tourism destination. With over 85 million sq. ft. of planned development, the area is designed to host global hospitality brands, luxury residences, and open-air leisure zones, anchored by Ras Al Khaimah’s vision to become a global investment and tourism hub.

Key highlights include:
  • 3 km of uninterrupted beachfront and 6.5 million sq. ft. of green space
  • Strategic connectivity to E11 Highway, RAKEZ, and Wynn Al Marjan Island
  • Planned infrastructure including bridges, marinas, and cultural venues
  • Rapidly growing tourism sector, with demand outpacing supply through 2030
  • RAK named Gulf Tourism Capital for consecutive years

With investor demand at historic highs and hospitality-led living reshaping RAK’s skyline, Ice Beach stands at the forefront of a new era for premium waterfront investment.

***Note: Retail unit configuration, sizing, and pricing will be confirmed upon official release by Major Developments.

Illustrative model

Scenario modeller

Set your own assumptions and see how Ice Beach Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are actually considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure — we have not assumed one.

0% holds rent flat. It may be negative.

8% is roughly a month plus re-letting.

Letting fees and routine repairs.

Replace with the building's own schedule.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Trustee, title deed, NOC.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

Ice Beach — Ras Al Khaimah

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