Palm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
Park Beach Residence Retail — commercial retail unit from Mitchell's Commercial Real Estate

Park Beach Residence Retail

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Park Beach Residence by Park Group

Location: Al Marjan Island, Ras Al Khaimah

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Al Marjan Island is Ras Al Khaimah's most ambitious coastal address — a man-made archipelago of four coral-shaped islands set in the Arabian Gulf, positioned as the northern UAE's centrepiece for luxury tourism, residential investment, and lifestyle retail. The island hosts international resorts and residential projects, and is the site of the Wynn Resort, the region's first gaming operation, a multi-billion-dollar anchor development that is materially reshaping Al Marjan's visitor profile and long-term economic trajectory.

For retail, the calculus is straightforward: an island community with a growing permanent resident base, an expanding resort hotel inventory, and an imminent influx of international visitors drawn by a category-defining hospitality landmark. The Al Marjan catchment spans not just island residents but the broader Ras Al Khaimah population, alongside domestic tourism from Dubai and Sharjah — both within 40 minutes by road.

Park Beach Residence sits directly on the island's central park corridor with direct access to the beach, giving ground-floor retail the dual advantage of residential foot traffic from above and public park and beachfront pedestrian flow at street level. This combination — captive community demand plus destination leisure movement — is the core driver of the retail opportunity here.

Project Overview

A Luxury Beachfront Residential Community with Integrated Ground-Floor Retail

Park Beach Residence is a luxury coastal development by Park Group, positioned on Al Marjan Island with uninterrupted sea views and direct pedestrian access to both a landscaped park and the beachfront. The project targets the upper end of the Al Marjan residential market, with ultra-modern design, smart home technology integrated throughout, and a fully equipped kitchen specification that signals a quality-conscious owner and tenant profile.

The ground floor integrates a curated retail strip — comprising a café and restaurant, pharmacy, gaming zone, and daycare — visible in the brochure renders and positioned to serve both building residents and the surrounding park and beach pedestrian corridor. The building's dark-toned contemporary façade with illuminated gold perimeter detailing and a signature rooftop crown creates strong street presence and high visibility from the island's main road.

Building Configuration

Structure

  • Contemporary mid-rise tower with rooftop amenity level

  • Dark architectural façade with vertical gold light detailing and signature illuminated rooftop crown

  • Ground-floor retail strip with park-facing frontage

Ground Level

  • Retail outlets including café, restaurant, pharmacy, gaming zone, and daycare

  • Direct park and beach access walkway

Residential Levels

  • 1-bedroom and 2-bedroom apartments (unit types confirmed)

  • Select units with private plunge pools on terraces

  • Smart home technology integrated throughout all residences

Rooftop Level

  • Rooftop jogging track

  • Panoramic amenity deck

Retail Overview

Unit Floor Size
Shop 1 Ground 780.17 sq. ft.
Shop 2 Ground 1,085.33 sq. ft.
Shop 3 Ground 1,485.74 sq. ft.
  • Starting Price: AED 5,000 PSF

  • Payment Plan: 50/50 — 50% during construction, 50% post-handover over 3 years

  • Frontage: Ground-floor, direct park-facing with beach access walkway

  • Access: Direct street-level entry from island road and park corridor

Payment Plan — 50/50

Instalment % Milestone
Down Payment 10% On booking
First Instalment 10% After 30 days
During Construction 30% 30 months × 1%
On Completion 10% On handover
Post-Handover 40% 36 months × 1.11%

Project Amenities

  • Infinity Pool

  • Rooftop Jogging Track

  • Gymnasium

  • Community Hall

  • Café & Restaurant

  • Pharmacy

  • Gaming Zone

  • Daycare

  • Laundry

  • Landscaped Park

  • Beach Access Walkway

  • Private Terrace Plunge Pools (select units)

  • 24/7 Security & CCTV

  • Private Parking

Design & Finishes

  • Smart home technology integrated throughout — lighting, temperature, and appliances controllable by phone or voice

  • Fully equipped kitchens with hob, refrigerator, oven, washing machine, and microwave

  • Master bathrooms with six fixtures

  • Walk-in closets in 1-bedroom apartments

  • Dark contemporary façade with gold vertical lighting detailing and signature illuminated rooftop crown

  • Floor-to-ceiling glazing with sea-facing balconies

  • Select residences with private terrace plunge pools

Views

  • Ground-floor retail frontage faces the landscaped park corridor and pedestrian walkway leading directly to the beach

  • Overlooking the Arabian Gulf with sea views from upper residential floors

  • Surrounding Al Marjan Island palm-lined streetscape and resort developments

  • Clear sightlines to the open water — the island's primary visual and lifestyle draw

Location

A Beachfront Retail and Leisure Catchment on Al Marjan Island

Park Beach Residence occupies one of Al Marjan Island's most active positions — on the park, with direct beach access — placing ground-floor retail at the intersection of residential convenience and destination leisure. The island is a man-made archipelago in Ras Al Khaimah, a UAE emirate with over 7,000 years of history and a rapidly modernising infrastructure profile. Al Marjan specifically has attracted sustained investment from both regional and international developers, anchored by the Wynn Resort development that is set to draw a substantial new layer of international visitor traffic to the island.

For retail operators, this combination is rare: a captive community of high-quality residential tenants and owners above, a public park and beach drawing daily leisure traffic at ground level, and a macro narrative of accelerating island-wide visitor growth driven by hospitality investment that will not plateau any time soon.

Connectivity

  • Emirates Road (E611): Primary arterial connecting Al Marjan Island to the broader RAK road network and south toward Sharjah and Dubai

  • Al Marjan Island Boulevard: Internal island road providing access to all island precincts and hotel developments

Proximity to Airports

  • 15 minutes — Ras Al Khaimah International Airport

  • 25 minutes — Sharjah International Airport

  • 40 minutes — Dubai International Airport

Island Context

Park Beach Residence sits adjacent to the Wynn Resort — the region's first gaming operation and a multi-billion-dollar anchor investment that is fundamentally repositioning Al Marjan's visitor and spending profile. The surrounding island is already home to international resort hotels and residential communities, with a direct park-to-beach access walkway at the building's ground level placing retail at the centre of daily pedestrian movement.

Al Marjan Island is the UAE's emerging prime coastal leisure destination north of Dubai, and the trajectory of investment here makes the current entry point a materially different proposition from what will exist once the resort hotels and casino infrastructure are fully operational.

Location

Park Beach Residence — Al Marjan Island, Ras Al Khaimah

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Illustrative model

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

Starting Price
AED 5,000 PSF

As published on this listing, and stated as a rate per square foot rather than a total purchase price. It is not used in any calculation below — a rate multiplied by a "from" size would produce a purchase price nobody has quoted. Enter the total price you have actually been quoted.

Payment plan
50/50 — 50% during construction, 50% post-handover over 3 years

As published on this listing. The model below assumes the purchase price and all acquisition costs are paid at the outset; a staged plan defers part of the outlay, which raises the IRR on the same total profit. Treat the return figures as the unstaged case.

Purchase

The price you are considering.

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Holding & income

Your figure. We have not assumed one.

0% holds rent flat. It may be negative.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

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Method
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 Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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