Pros and Cons of Living in Marjan Island: A Comprehensive Guide
Overview of Marjan Island
Marjan Island is an artificial island situated in Ras Al Khaimah, UAE. It is located in the Arabian Gulf and is a well-known tourist destination in the country. The island covers a total area of 2.7 million square meters and boasts several spectacular resorts, residential complexes, and recreational facilities. If you are considering living on Marjan Island, here are some essential factors to keep in mind:
- Marjan Island is an artificial island that was created in 2012.
- The island is in the emirate of Ras Al Khaimah in the United Arab Emirates.
- Marjan Island is situated in the Arabian Gulf and is known for its beautiful beaches and crystal-clear waters.
- The island, spanning 2.7 million square meters, features luxury resorts, residential complexes, and recreational facilities. Al Marjan Island Company is responsible for the development and management of the island.
- The island is designed to be a self-contained community with all the amenities and facilities available to residents and visitors.
- Marjan Island is a popular tourist destination and attracts visitors from all over the world.
- The island is known for its luxurious lifestyle and high-end residential properties.
- Living on Marjan Island offers residents access to world-class amenities, including shopping centers, restaurants, and entertainment facilities.
- The island is also home to several parks and green spaces, making it an ideal location for families with children.
- Marjan Island is easily accessible from other parts of the UAE, with good road connections to Dubai and other major cities.
Real Estate Investment
Investing in Marjan Island real estate offers long-term benefits. Here are some pros and cons to consider before investing. Pros of Investing
- High ROI: As of May 2023, the average ROI on Al Marjan Island is 6%, making it a profitable investment for those looking for rental income.
- Freehold: Marjan Island is a freehold area, which means that investors can own properties without any restrictions on foreign ownership.
- Economic Appeal: Marjan Island is a rapidly growing tourist destination with several resorts, beaches, and tourist destinations. The island’s economic appeal is expected to increase. This can result in improved property values and rental income.
- Payment Plans: Developers on Marjan Island provide Flexible payment options that make it easier for investors to finance their homes.
- Completion Date: Several projects on Marjan Island have already been completed, making it easier for investors to start earning rental income immediately.
Cons of Investing
- Property Prices: Marjan Island’s real estate market is relatively new so that property prices can be high compared to other areas in Ras Al Khaimah.
- Limited Amenities: While Marjan Island has several resorts and beaches, it needs more essential amenities like schools, hospitals, and supermarkets. This can be a drawback for investors looking for long-term rental income.
- Market Volatility: Like any real estate market, Marjan Island’s market can be volatile, with fluctuations in property prices and rental income.
- UAE’s First Casino: While the UAE’s first casino is set to open on Marjan Island, it is essential to note that gambling is still illegal in the country. This can concern investors looking to invest in properties near the casino.
Investors looking to invest in Marjan Island’s real estate market should consider these pros and cons before making investment decisions.
Residential Life
Advantages of Living Here
- Marjan Island offers a variety of residential options, including apartments, penthouses, and villas, providing residents with plenty of choices.
- The community is well-planned and designed, with cycling and jogging paths, lively restaurants with beach views, and various activities for residents, resulting in the ideal mix of leisure and relaxation.
- The island is home to several resorts, beaches, tourism destinations, and residential projects, making it an excellent place for those who enjoy nature and the beach lifestyle.
- Marjan Island is located a short drive away from several essential facilities, including supermarkets, kindergartens, nurseries, and prestigious medical and academic institutions such as RAK Medical Center Al Jazeera, RAK Medical Center Al Hamra, RAK Academy, and British School Al Hamra.
Challenges for Residents
- Living in Marjan Island can be expensive, especially for those looking for more significant properties such as villas.
- The island is still developing, which can lead to some challenges for residents, such as limited public transportation options and a need for nearby shopping centers.
- The community is relatively new, which can mean there are still some teething problems with services and facilities.
Overall, Marjan Island is an excellent place for those who enjoy the beach lifestyle and want to live in a well-planned and designed community. However, the cost of living can be high, and the island is still developing, leading to some challenges for residents.
Lifestyle and Amenities
Marjan Island offers its residents a luxurious lifestyle with a wide range of amenities. Here are some of the leisure and dining options available on the island:
Leisure and Recreation
- Swimming Pools: Marjan Island offers a variety of swimming pools, including a children’s paddle pool, which is ideal for a relaxing plunge on a hot day.
- Beaches: The island features multiple beaches, allowing residents to unwind and soak up the sun.
- Gym: Marjan Island offers a gym with state-of-the-art equipment and facilities for fitness enthusiasts.
- Spa: The island has a spa offering various treatments to help residents unwind and relax.
Dining and Shopping
- Restaurants and F&B Venues: Marjan Island is home to several restaurants and F&B venues that offer a range of cuisines, from local Emirati dishes to international fare.
- Al Hamra Mall: Located nearby, Al Hamra Mall offers many retail outlets, including fashion, electronics, and home goods stores.
- Dining Options: Marjan Island has various dining options, including casual cafes and fine dining restaurants, catering to multiple tastes and budgets.
Overall, Marjan Island offers its residents a luxurious lifestyle with various leisure and dining options.
Accessibility and Infrastructure
Marjan Island is accessible from major UAE cities, including Dubai, approximately an hour away. The island is situated in Ras Al Khaimah, home to the Ras Al Khaimah International Airport, facilitating easy access to other parts of the world.
The infrastructure on Marjan Island is top-notch, with well-maintained roads, modern amenities, and a commitment to contemporary living. Here are some of the accessibility and infrastructure highlights of Marjan Island:
- The island is easily accessible by road, with well-maintained highways connecting it to the rest of the UAE.
- The Ras Al Khaimah International Airport is a 45-minute drive from the island, providing easy access to international destinations.
- Marjan Island’s ferry service connects it to Breeze Island, Treasure Island, Dream Island, and View Island.
- The island has a dedicated public transportation system, with buses and taxis readily available.
- The island has a well-developed healthcare system, with modern hospitals and clinics.
- Marjan Island has a range of educational institutions, including schools and universities.
Overall, the accessibility and infrastructure on Marjan Island are excellent, making it a great place to live, work, and play.
Tourism and Hospitality
Tourism and hospitality are two of the most significant industries in Marjan Island. The island boasts several luxury resorts and hotels, including Movenpick Al Marjan Island, DoubleTree by Hilton Resort & Spa Marjan Island, Hampton by Hilton Marjan Island, and Nobu Residences Al Marjan Island. These resorts offer many amenities and services, including private beaches, swimming pools, spas, and fitness centers.
Nobu Residences Al Marjan Island is a noteworthy development, as it collaborates with Nobu Hospitality, an elite hospitality brand with 30+ years of experience. The development will feature a Nobu Restaurant, Nobu by the Beach, and Nobu Residences, providing residents and guests with a unique and luxurious experience.
The Ras Al Khaimah Wynn Resort is another exciting development set to open on Marjan Island. The resort will feature a 47-story tower with 300 rooms and suites and a casino, restaurants, and other amenities.
Here are some key points to keep in mind regarding tourism and hospitality in Marjan Island:
- Marjan Island has several luxury resorts and hotels, providing many amenities and services.
- Nobu Residences Al Marjan Island is a noteworthy development featuring a Nobu Restaurant, Nobu by the Beach, and Nobu Residences.
- The Ras Al Khaimah Wynn Resort is set to open on Marjan Island, featuring a 47-story tower with 300 rooms, suites, and a casino and restaurants.
- Marjan Island’s tourism and hospitality industry is expected to grow in the coming years, providing residents and guests with even more options for luxury living and leisure.
Outdoor and Water Activities
Marjan Island is a perfect destination for people who love outdoor and water activities. Located in the Arabian Gulf, this island offers many water sports for locals and tourists. Here are some of the exciting activities that you can enjoy on Marjan Island:
- Water Sports: Marjan Island is a fantastic destination for water sports enthusiasts. The island provides a range of water sports, including jet skiing, parasailing, and more. You can do these activities with your friends and family.
- Kayaking: Kayaking is a popular activity on Marjan Island. Rent a kayak and paddle around the island while appreciating the breathtaking vista of the Arabian Gulf.
- Adventure: For those who love adventure, Marjan Island offers a variety of activities, including zip line and rock climbing. You can do these things with your friends and family while touring the island.
- Coral Reefs: Marjan Island is home to several coral reefs. Explore Marjan Island’s stunning underwater world by snorkeling or scuba diving.
- Waterfront Views: Marjan Island has fantastic waterfront views. You can walk along the beach or relax by the coast and admire the stunning views of the Arabian Gulf.
Overall, Marjan Island offers a variety of outdoor and water activities for residents and tourists to enjoy. Whether you are looking for adventure or relaxation, Marjan Island has something for everyone.
Property Features and Types
Living on Marjan Island comes with various options for property types and features. Here are some of the key features and types of properties available on the island:
- Balcony: Many properties on Marjan Island come with balconies, allowing residents to enjoy the island’s stunning views and fresh air.
- Flats: Flats are a popular option for those looking for a low-maintenance lifestyle. Marjan Island offers a range of flats, from studios to 3-bedroom apartments.
- 4-Bedroom Apartments: 4-bedroom apartments are available on Marjan Island for those looking for more space. These apartments offer plenty of room for families or those who enjoy entertaining.
- Laundry Room: Many properties on Marjan Island have a separate laundry room, providing residents with a convenient space to do their laundry.
- Gardens: Some properties on Marjan Island offer private gardens, allowing residents to enjoy the outdoors in the comfort of their homes.
- Innovative Technology: Marjan Island is home to some properties with the latest innovative technology, such as smart thermostats and lighting systems.
- Panoramic Views: With its stunning waterfront location, many properties on Marjan Island offer scenic views of the sea and surrounding areas.
- World-Class Amenities: Marjan Island provides a variety of world-class amenities, such as swimming pools, exercise centers, and private beaches. Some houses on the island also offer these amenities.
Overall, Marjan Island offers a variety of property types and features to suit different lifestyles and preferences. Whether you are looking for a low-maintenance flat or a spacious 4-bedroom apartment, there is something for everyone on the island.
Residency and Legal Aspects
Living in Marjan Island offers a variety of options for those looking to establish their residency in the UAE. Here are some key aspects to consider:
- Golden Visa: By investing AED 2M or more in a property on Marjan Island, residents become eligible for a Golden Visa. This visa grants them a 10-year residency in the UAE and can be extended to family members.
- Residency: Marjan Island is administered by the Al Marjan Island Company, which offers a range of residential projects. These projects include luxurious beachside apartments, villas, and more affordable options.
- Metropolitan Premium Properties: Metropolitan Premium Properties is a real estate agency specializing in properties on Marjan Island. They offer various options for those looking to buy or rent property on the island.
- Legal Aspects: Considering the legal aspects of living in Marjan Island is essential. Residents must have a valid residence visa and are subject to the laws and regulations of the UAE. You must consult a legal professional to verify that you meet all legal requirements.
Overall, Marjan Island offers a range of options for those looking to establish their residency in the UAE. With the option of a Golden Visa and various residential projects, residents can find a home that suits their needs and lifestyle.
Pros and Cons Summary
Living in Marjan Island has its advantages and disadvantages. Here’s a summary of the pros and cons to help you make an informed decision:
Pros:
- Peaceful seclusion: Marjan Island is a tranquil retreat away from the hustle and bustle of city life. It’s perfect for those who want to escape the city’s noise and crowds and live more serenely.
- Beautiful scenery: The island is surrounded by Crystal-clear seas and breathtaking vistas of the Arabian Gulf. It’s a paradise for nature lovers and beach enthusiasts.
- Modern amenities: Despite its secluded location, Marjan Island offers all the modern amenities you need for a comfortable lifestyle. The island has several resorts, hotels, restaurants, and shopping centers.
- World-class healthcare: The island has excellent healthcare facilities, including hospitals and clinics, that offer high-quality medical services.
- Tax-free income: The UAE has a tax-free income policy, which means that residents of Marjan Island can enjoy their earnings without paying any income tax.
Cons:
- Distance from the city center: Marjan Island is located about 45 minutes away from the city center of Ras Al Khaimah. This can be a disadvantage for those who must commute to work or prefer to live in the city’s heart.
- Limited entertainment options: While there are several restaurants and shopping centers on the island, there are limited entertainment options. Those who enjoy a vibrant nightlife may find the island too quiet.
- Extreme weather conditions: The summers in Marjan Island can be sweltering, with temperatures soaring above 40°C. This can be uncomfortable for those who are not used to the heat.
- Cost of living: Marjan Island is known for its luxurious lifestyle, which can come at a high price. The cost of living on the island is higher than in other parts of Ras Al Khaimah.
- Limited job opportunities: While several hotels and resorts are on the island, there are limited job opportunities. Those looking for diverse job opportunities may find the island too limiting.
Overall, Marjan Island offers a peaceful and luxurious lifestyle in a beautiful setting. However, it may only be suitable for some. Examining the advantages and negatives before deciding to move to the island is essential.
Nearby Destinations
Marjan Island is located in the emirate of Ras Al Khaimah and is noted for its natural beauty and cultural legacy. The island is a popular destination for tourists and residents alike, but several nearby destinations are worth exploring. Here are a few:
- Zoom: Zoom is an indoor amusement park located in the nearby emirate of Dubai. It offers rides and activities, including roller coasters, bumper cars, and a 4D cinema. Zoom is an excellent destination for families with children.
- Umm Al Quwain: Umm Al Quwain is a tiny emirate north of Ras Al Khaimah. It is known for its traditional architecture, historic sites, and natural beauty. Visitors can explore the Umm Al Quwain Fort, which dates back to the 18th century, or take a boat tour of the nearby mangrove forests.
- Ras Al Khaimah City: Ras Al Khaimah City is the emirate’s capital, just a short drive from Marjan Island. It has several shopping malls, restaurants, and cultural attractions, including the National Museum of Ras Al Khaimah and the Dhayah Fort.
- Al Hamra: Al Hamra is a coastal town located south of Marjan Island. It is known for its beautiful beaches, luxury resorts, and golf courses. Visitors can also explore the nearby Al Hamra Mall, which has a range of shops and restaurants.
Whether you’re looking for family-friendly fun or cultural exploration, there are plenty of nearby destinations to explore when living on Marjan Island.
Call to Action
Living in Marjan Island can be an excellent experience for those seeking a peaceful and luxurious lifestyle. Marjan Island has a lot to offer with its beautiful beaches, world-class resorts, and stunning views. If you are considering living in Marjan Island, here are some steps you can take to make the most out of your experience:
- [CTA] Research the different residential projects in Marjan Island to find the one that best suits your needs and budget. Consider variables including location, amenities, and price.
- [CTA] Visit Marjan Island and explore the different attractions it has to offer. Take a walk on the beach, try some water sports, or enjoy a meal at one of the island’s restaurants.
- [CTA] Connect with the Marjan Island community by attending events and joining clubs and groups. This will allow you to meet new people and make friends in your new home.
- [CTA] Take advantage of the island’s proximity to other attractions in Ras Al Khaimah and the UAE. Visit the Jebel Jais mountain, go on a desert safari, or explore the historic sites in the area.
- [CTA] Finally, be prepared for the challenges of living in a secluded area. Make sure you have access to transportation and necessities, and be ready to adapt to a slower pace of life.
Overall, living in Marjan Island can be a unique and rewarding experience. By taking the time to research, explore, and connect with the community, you can make the most out of your time in this beautiful location.
Frequently Asked Questions
What are the advantages of purchasing property on Marjan Island?
- Marjan Island is a luxurious residential and leisure destination with world-class amenities.
- It offers a serene and peaceful environment, away from the hustle and bustle of the city.
- The island is an artificial archipelago developed to the highest standards, making it a highly sought-after location for property investment.
- The island offers a wide range of residential options, including apartments, villas, and townhouses, catering to the needs of different individuals and families.
Can foreign nationals own property on Marjan Island?
- Foreign nationals can own property on Marjan Island, subject to certain restrictions and regulations.
- Non-GCC nationals can purchase freehold properties on Marjan Island in designated areas.
- Property ownership is registered with the Ras Al Khaimah Land Department.
What are the environmental impacts of developing Marjan Island?
- The development of Marjan Island has been carried out with utmost care and attention to environmental sustainability.
- The island has been designed to preserve the natural ecosystem and protect marine life.
- The developers have implemented various measures to reduce the carbon footprint and promote sustainable living.
What amenities and facilities are available to residents of Marjan Island?
- Marjan Island offers many amenities and facilities, including world-class hotels, restaurants, cafes, and retail outlets.
- The island boasts several beaches, parks, and open spaces, providing ample outdoor activities and relaxation opportunities.
- Residents also have access to healthcare facilities, schools, and community centers.
How does the cost of living on Marjan Island compare to other popular areas in the UAE?
- The cost of living on Marjan Island is relatively higher than other popular areas in the UAE.
- The cost of accommodation, food, and entertainment is higher due to the luxurious nature of the island.
- However, the island offers a unique lifestyle and world-class amenities that are unmatched by other areas.
What transportation options exist for commuting to and from Marjan Island?
- Marjan Island is well-connected to the mainland through a network of roads and bridges.
- Residents can use private vehicles or taxis to commute to and from the island.
- The island also has a public transportation system that connects it to other areas in Ras Al Khaimah.
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