Off-plan apartments in Al Marjan Island, Ras Al-Khaimah

Apartments are the whole of the island’s market, from around $200K at the accessible end to branded residences several times that.

The investment case rests on short stays. This is a resort island being completed around a major integrated development, so the occupant a buyer is really underwriting is a visitor booking a few nights rather than a family signing for a year. That works well when the rooms are full and less well in the quiet months, which is a different risk profile from a district full of salaried tenants.

The volume of buildings arriving matters here more than anywhere else on this coast. With dozens of towers completing across a few years in one place, the ones with a genuine beach, a competent operator behind the rental programme and a finished neighbourhood around them will fill first. Deposits run from 5% to 40% on booking, so the entry cost differs wildly between launches. Each listing above carries its price and terms.