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Park Beach Residence 2 on Al Marjan Island is an elite coastal community in Ras Al Khaimah. The project provides one- to two-bedroom housing units and a private plunge pool. All apartments for sale in Park Beach Residence 2 have open layouts and panoramic windows. The size of the rooms ranges from 106 to 178 square metres, including the area of the balconies.
Conveniently located on the island, Park Beach Residence allows you to get to the city’s major attraction, the Wynn Resort & Casino, in just five minutes. Park Beach Residence 2 prices from the developer start at AED 2.2 million (approximately USD 600,000). The deadline for completion of the project is in the fourth quarter of 2027.
The real estate market in Ras Al Khaimah has grown considerably in the last four years, largely due to the development of significant projects like the Wynn Resort & Casino.
During the initial three quarters of 2024, the number of real estate transactions rose from AED 3.8 million to AED 11.9 million, indicating a growth of over 70%.
New residential projects, such as off-plan properties for sale in Park Beach Residence 2, offering affordable apartments on the Al Marjan Islands, are attractive to investors with their proximity to the Wynn Resort & Casino. The value of real estate in this area is expected to increase by an average of 10 to 15%, which makes it a profitable option for resale. Experience world-class amenities, direct beach access and flexible post-handover payment plans with this ideal investment opportunity.
Investors can consider short-term rental options as well, which can generate an income of about 10%. Given the status of the special economic zone, foreigners have the right to buy flats in Park Beach 2 in full ownership.
As a result of high demand, apartment prices have increased by 18.5% and rentals by 7 to 11% in the first six months of 2024. The average rental yield increased to eight percent from the original five to seven percent yield.
Ideal properties for investment are available to you right now on the screen of your device.
Reliability, simplicity and high profitability!
Living space | 149.95m² |
Bathrooms | 1 |
Bedrooms | 1 |
Min. price | 2 228 129 AED |
Living space | 117.24m² |
Bathrooms | 1 |
Bedrooms | 1 |
Min. price | 2 336 400 AED |
Living space | 117.52m² |
Bathrooms | 2 |
Bedrooms | 2 |
Min. price | 2 682 865 AED |
Living space | 178.1m² |
Bathrooms | 2 |
Bedrooms | 2 |
Min. price | 3 326 646 AED |
Park Beach Residence 2 in the UAE is located on an island with a developed road network providing quick access to the city’s mainland. Grand Luxury and XIMI VOGUE shopping malls are just 11 minutes away. The Dreamland Water Park is a quarter-hour drive away. Ras Al-Khaimah International Airport is a 35-minute drive away.
There are numerous entertainment venues on the island, which can be reached in five minutes by car, including the Serenata and Le Bistro Restaurant, Massage Relaxation Spa, Al-Marjan Island Beach, and Harper Hair and Beauty Bar.
The complex offers a choice of one to two-bedroom apartments. The size of a one-bedroom flat starts from 106 square metres, while two-bedroom housing units start from 117 square metres. All apartments have a small private pool.
The complex includes these luxurious amenities:
The building is equipped with smart technologies allowing the control of lighting, temperature and humidity. The system also manages access to properties, which ensures safety, comfort and modern living for residents.
The islands are popular among expats and travellers to the UAE. This is a great place to live and relax, there are no skyscrapers, and the atmosphere is peaceful. You can enjoy the parks, squares, paths for walking and cycling, playgrounds for sports and well-equipped embankments with clean and pristine beaches on the territory of the archipelago. The total length of the coastline is 23 kilometres, and the length of the beach is 8 kilometres.