Al Marjan Island: Luxury Real Estate Investment in Ras Al Khaimah | Mystique Ibiza
Where the Spirit of Ibiza Meets the Future of the UAE
AN IBIZA-BORN CONCEPT ON THE ARABIAN GULF
The soul of this development is deeply familiar to us. Managed by Palladium Hotel Group under the Ushuaïa Unexpected Hotels & Residences brand — a concept born in Ibiza — The Unexpected Al Marjan Island brings the island's iconic energy to one of the most exciting real estate destinations in the world. From Ibiza to Al Marjan, the spirit travels.
The development comprises 422 five-star hotel rooms and fully managed branded residences, positioned directly adjacent to the upcoming Wynn Al Marjan Island resort — the UAE's first integrated destination.
WHY AL MARJAN ISLAND, AND WHY NOW
Ras Al Khaimah is no longer an emerging market. It is a market in full acceleration.
Al Marjan Island is a designated freehold zone, meaning international buyers can acquire property with 100% ownership rights — no local partner required. Gross rental yields on the island currently range between 5.4% and 8%, with prime branded residences performing at the top of that range.
The catalyst driving this transformation is the Wynn Al Marjan Island resort — a $3.9 billion development that, once open in 2027, is projected to drive luxury property price growth of up to 58% by 2030.
As for The Unexpected Al Marjan Island specifically: the project sold out at launch, achieving the highest price per square metre on the island at AED 6,300 PSF. Construction is currently at 23% completion and on track for 2027 handover.
WHAT MYSTIQUE IBIZA OFFERS
Our role is what it has always been: to identify exceptional opportunities and connect them with the right clients. Whether you are diversifying a real estate portfolio, seeking a managed income-generating asset, or simply looking for a property in one of the world's most dynamic luxury destinations — this is a conversation worth having.
We provide our clients with full project documentation, financial projections, floor plans, payment plan structures and dedicated guidance throughout the acquisition process.
INTERESTED? LET'S TALK.
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hello@mystique-ibiza.com
📞 +34 697 92 95 77
Mystique Ibiza is a boutique luxury real estate and concierge agency based in Eivissa, Spain. Licensed real estate agent ROAIIB: GOIBE85099/2025.
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