Manta Bay | Studio Apartments on Al Marjan Island - Win Win Universal RE

Manta Bay | Studio Apartments on Al Marjan Island

  • AED1,200,000
Marjan Island, Ras Al Khaimah
Manta Bay Studio Apartments on Al Marjan Island (1) Manta Bay Studio Apartments on Al Marjan Island (1) Manta Bay Studio Apartments on Al Marjan Island (1) Manta Bay Studio Apartments on Al Marjan Island (1) Manta Bay Studio Apartments on Al Marjan Island (1)
  • Apartment
  • Property Type
  • Studio, 1-2
  • Bedrooms
  • 2-3
  • Bathrooms
  • 387
  • Sq Ft.
  • 2026
  • Year Built
Featured For Sale New Listing Hot Offer

Manta Bay | Studio Apartments on Al Marjan Island

Marjan Island, Ras Al Khaimah
  • AED1,200,000

Description

Inspired by the Maldives, Manta Bay comes as a high-end residential project by Major Development. It is located on Al Marjan Island, Ras Al Khaimah. There are studios and 1-2 bedroom apartments on offer.

Key features of the layouts include a maid’s room, a wet kitchen, a storage room and a laundry room. The design of the Manta Bay residences is executed in pastel tones, creating a serene and ambient atmosphere.

The focal point of Manta Bay is its sandy rooftop beach, the world’s first-of-its-kind, sitting a whopping 197 ft high. There are also more than 30 world-class amenities available onsite, including cigar lounges, recreational areas by the lagoon, a BBQ area, a fountain, a spa, a dance floor, a cold pool, a jacuzzi, a pool bar, a sand beach, a beach bar and the coastal area of Manta Bay.

Let’s not forget the floating meditation deck, cabanas on the roof, children’s pool, dance area, beach lounge, open showers, sauna, hammam, aquarium, meeting area, sun lounge area, lagoon cabanas and swimming pool all for residents to use at their disposal.

Wellness enthusiasts will enjoy the sports arena, padel court, multipurpose field, beach volleyball court, indoor fitness area and yoga studio.

It is worth noting that more than 80% of the territory will be landscaped, providing plenty of open green spaces.

Location.

The prime location of Manta Bay offers excellent connectivity to various parts of the emirate, enhancing the convenience of its residents. For instance, the Ras Al Khaimah International Airport, a hub for both local and international flights, is just a short 30-minute drive away, making travel hassle-free.

One of the standout features of this location is its close proximity to a plethora of exclusive, globally renowned resorts, such as Rixos Bab Al Bahr, Movenpick Resort Al Marjan Island and DoubleTree by Hilton Resort & Spa Marjan Island. These venues offer an array of luxurious amenities and unique experiences that cater to diverse tastes and preferences.

A simple 15-minute drive from the residences will get you to several grocery stores, academic institutions and other necessary services. The nearby AlJazeera Supermarket and Al Maya Supermarket offer a wide range of products to cater to your daily needs. For families with children, educational institutions like Al Ghadeer Kindergarten, 9011, Little Treasures Nursery, and RAK Academy – British School Al Hamra – BSH are just a stone’s throw away.

In addition to these practical amenities, Manta Bay is surrounded by a variety of leisure venues, all conveniently located within a 15-minute drive. Golf enthusiasts will appreciate the prestigious Al Hamra Golf Club, the perfect place to hone your skills amidst breathtaking surroundings. The Al Hamra Mall, with its wide selection of shops and boutiques, is a haven for those who enjoy retail therapy. For those seeking adventure and excitement, the Al Hamra Marina & Yacht Club is the ultimate destination, offering a range of thrilling water sports activities.

Please note that the project will have a golf cart transport service to take residents to and from the beach and the country’s first casino, which is due to open in 2027.

Manta Bay is the perfect option for those who plan to rent out their property. The developer has even created a management company that will take care of your apartment and guests. It will provide services such as advertising, reception, payments, transfer, cleaning and repairs.

According to Major Development, the expected ROI in this complex is 10-12%, which means that you can count on receiving a stable passive income. In terms of short-term rentals, the estimated price of a 1-bedroom unit is AED 769 (USD 209) per night on average. With an expected occupancy rate of 85%, the yearly returns amount to approximately AED 250K (USD 68K).

If you plan to subsequently resell your property, you will be keen to learn that the anticipated increase in value of the units at Manta Bay is 20-25% annually over 3 years, after which, the value is expected to grow by 10-15% per annum.

  • Address Marjan Island, Ras Al Khaimah
  • City Ras Al Khaimah
  • State/county Ras Al Khaimah
  • Area Marjan Island
  • Country United Arab Emirates

Details

Updated on March 18, 2024 at 3:37 am
  • Property ID: HZMB-05
  • Price: AED1,200,000
  • Property Size: 387 Sq Ft.
  • Bedrooms: Studio, 1-2
  • Bathrooms: 2-3
  • Year Built: 2026
  • Property Type: Apartment
  • Property Status: For Sale, New Listing

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