Overview

Property Description

A large residential development located on Al Marjan Island in Ras Al Khaimah, Pacific comprises six 10-storey buildings named after Pacific islands: Samoa, Tonga, Fiji, Tahiti, Polynesia, and Bora Bora. This complex was built by Select Group and completed in 2017. It offers panoramic views of the Arabian Gulf and the city skyline. Among the 1,400 residential units are studios, one- to two-bedroom apartments, and duplexes with private gardens. Units range in size from 445 square feet to 1,900 square feet. This complex offers modern amenities, and its properties are ideal for those looking to live near the water. There are several nearby sports facilities and shops, including a rooftop swimming pool and a lobby with concierge service. Property can be rented on a short- or long-term basis, which increases the profitability of financial investments in the Pacific. Rental rates range from AED 20,000 (USD 5,000) to AED 75,000 (USD 20,000), and the area has a 7.1% return on investment rate. Foreign investors can also acquire residential properties and retain ownership. *Prices are valid for 2021

Location