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Atara Sheraton Residences at Al Marjan Island Resort, RAK

Al Marjan Island Resort, RAK
Q3 2028
Handover
725 sqft
From size
Studio
Layouts
Al Marjan Island, Ras Al Khaimah · Studio · from 725 sqft · handover Q3 2028 · starting at 2,415,000 AED

About the project

Sheraton Residences at Al Marjan Island Resort represents a rare branded residential offering developed by Atara Development. This project marks the debut of Sheraton-branded residences within the GCC and forms part of a highly limited global portfolio, with only a handful of similar residences worldwide. The development is positioned on Al Marjan Island, offering a refined island lifestyle defined by calm surroundings and contemporary design.

The residences are thoughtfully designed to reflect modern architectural principles while drawing inspiration from Sheraton’s long-established hospitality legacy. Every detail is curated to create a sophisticated living environment that combines privacy, elegance, and a strong sense of place, making it suitable both for personal use and long-term investment.


Pricing

Unit TypeStarting Price (AED)
Studio2,415,000

Payment Plan – 70 / 30

StagePercentage
Down Payment20%
During Construction50%
On Handover30%

Handover: Q3 2028


About the Developer

Atara Development is a Dubai-based real estate company with more than ten years of experience in delivering distinctive residential projects. The developer focuses on creating homes that balance architectural expression with long-lasting quality, emphasizing craftsmanship, precision, and refined aesthetics.

Each Atara Development project is shaped by high standards of design and execution, with close attention paid to lifestyle, individuality, and enduring value. The company continues to contribute to the evolving residential landscape across Dubai and the wider UAE by delivering residences that leave a lasting architectural and experiential impact.

Direct-to-developer access via Palmera — no buyer commission, full Palmera support from selection through handover, in your language.

The developer

ATARA Development
Verified partner · UAE
ATARA Development was founded in 2017 in Dubai, led by COO Umid Bazarov. Its signature: luxury island villas ('Islands are our signature'). The portfolio comprises a curated collection of luxury villas across Pearl Jumeirah Island, La Mer South Island and Dubai Islands (Opal, Isola, Aquamarine, Laguna, Pearl Villas, and the AED 60M Kaia Villa). The new flagship is The Residences at Sheraton Al Marjan Island Resort in Ras Al Khaimah — the GCC's First Sheraton-Branded Residences (141 units, in partnership with Marriott International).
2017FoundedDubai, United Arab EmiratesHeadquarters
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About Al Marjan Island

The island reshaping Ras Al Khaimah — home to the UAE's first casino resort.

Al Marjan Island is an archipelago of 4 artificial coral-shaped islands spanning 62 hectares off the coast of Ras Al Khaimah. In spring 2027, Wynn Al Marjan Island will open here — a $5.1 billion resort and casino complex, the first of its kind in the UAE and the country's sole commercial gaming licence. The announcement has already driven property prices up 20–30% per year over the past two years, with a further 20% projected in 2026 ahead of opening. One of the most compelling short-to-mid-term investment stories in the Emirates.
8–12%Rental yieldRAK Academy (Al Hamra, ~5 min) — leading international schoolNearbyAl Hamra Secondary School — opening August 2026NearbyRas Al Khaimah International Airport (RKT) · ~25 minDrive time
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Location

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