Overview

Property Description

Nikki Beach Residences is an ocean-view development by Aldar Properties on Al Marjan Island in Ras Al Khaimah. These are the first branded residences in Ras Al Khaimah. Nikki Beach Global has been involved in the hospitality industry for more than 20 years. The properties come both furnished and unfurnished, and there are 803 units total. The apartments range from 1-4 bedrooms, while there are also four 5-bedroom sky terraces and three 5-bedroom sky villas. The apartments range in size from 969 square feet to 7,395 square feet. Each apartment has a laundry room, a dresser, a powder room, and a balcony. Additionally, there will be concierge, housekeeping in the common areas, valet parking, and a bookable game room available. It is possible to use a la carte services, such as car washing, chauffeuring and house car, lifestyle support, relocation and move-in assistance, car rental, pet care, childcare, etc., for an additional fee. Residents of Nikki Beach Residences will enjoy smart technology, including EV chargers, building management systems, smart automated blinds, and a resident app. The starting price for a property in Nikki Beach Residences is AED 2.37M (USD 645K) as of Q4 2023. *Prices are valid for 2023 While it is under construction, you can use a 60/40 payment plan. For more information, please register your interest. As one of the advantages of Nikki Beach Residences, it is close to Wynn Al Marjan Island, the only Wynn Resorts resort in the Middle East. Nikki Beach Residences will be home to the UAE's first casino, which will open in early 2027. This makes fully-furnished apartments at Nikki Beach Residences very popular for AirBnB rentals. On Al Marjan Island, the average ROI for long term leases is about 6%. The starting rental price is AED 38K (USD 10K) per year. These indicators guarantee a high passive income. An investment of AED 2M (USD 545K) or more will qualify you for a 10-year visa for your spouse, children, and domestic staff. As a Nikki Beach Residences owner, you are entitled to exclusive discounts on gym memberships, F&B venues, spa treatments, cabanas, VIP beds, special events, and more.

Location