THE PLOT, AND WHAT IT PERMITS
The site runs to 134,652 sq ft (12,509.58 sq m) on Al Marjan Island, and its zoning is residential and mixed-use. The particulars give a permitted GFA of 269,305 sq ft (25,019.25 sq m) and an FAR of 2.0.
An FAR of 2.0 on a site of this size allows a scheme spread across the plot rather than one concentrated into a single tower, and a residential and mixed-use zoning leaves room for the ground floor to carry retail or community uses beneath the homes. Which of those shapes the scheme takes is a design question, and it drives the build cost and the phasing more than the land value does.
No height has been given for this plot. The permitted envelope, the setbacks, the coverage and the approvals position are confirmed with the Ras Al Khaimah authorities by the buyer's own advisers before the development allowance is priced into an offer.
OUTRIGHT PURCHASE, OR JOINT VENTURE
The plot is offered for outright sale at AED 269 M, and that is the straightforward route: buy the land, take the zoning, build the scheme.
It is also offered as a joint venture. The JV structure, the payment plan and the other commercial terms are not published. On a development plot the split usually follows the feasibility — the scheme, the build cost, the phasing and the sales assumptions behind them — and a ratio agreed before any of that is known is a number agreed in the dark.
If you would rather come with a scheme and a structure than with a cheque, tell us what you have in mind through the form on this page and we will come back to you with the terms.
RAS AL KHAIMAH — WHAT IS DIFFERENT ABOUT BUYING HERE
Ras Al Khaimah is a separate emirate with its own land and real estate regulatory authorities, and that decides what this page is able to show you.
Every market figure Mitchell's publishes — every transaction band, every price index, every rental benchmark, every project comparable — is drawn from the Dubai Land Department record, and that record covers Dubai. It does not reach Ras Al Khaimah, and nothing this site holds does. So the figures on this page are the plot's particulars, and there is no register join underneath them of the kind a Dubai plot on this same hub would carry.
What follows from that is practical. Title, the freehold designation of this specific plot, the registered plot area against the 134,652 sq ft quoted, the permitted envelope behind the FAR of 2.0, and the approvals position on any proposed scheme are all established with the Ras Al Khaimah authorities by the buyer's own advisers. We will assemble the document set and sit on your side of the table through it.
WHERE IT SITS
The plot is on Al Marjan Island, in Ras Al Khaimah.
The map on this page is drawn from that place line rather than from a measured pin, because no coordinates have been supplied and none has been invented. For the plot boundary and its exact position on the island, ask us through the form on this page.
