Atara Sheraton Residences brings the Sheraton name to the residential market for the first time anywhere in the GCC, an unusually rare branded address that belongs to a tiny global circle of similar projects.
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Key details about Atara Sheraton Residences at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of Atara Sheraton Residences.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
Atara Sheraton Residences plan lets you secure a premium unit with a modest upfront payment. During construction, your property can appreciate significantly — and you can even resell after paying 30% to the developer.
Detailed breakdown based on starting price AED 2,415,000
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 20% | AED 483,000 | Initial payment on booking | On booking |
| Installment 1 | 10% | AED 241,500 | Construction progress payment | 6 months |
| Installment 2 | 10% | AED 241,500 | Construction progress payment | 12 months |
| Installment 3 | 10% | AED 241,500 | Construction progress payment | 18 months |
| Installment 4 | 10% | AED 241,500 | Construction progress payment | 24 months |
| Installment 5 | 10% | AED 241,500 | Construction progress payment | 30 months |
| Handover Payment | 30% | AED 724,500 | Final payment upon key collection | Q3 2028 |
| Total | 100% | AED 2,415,000 | Full purchase price | |
* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.
Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with Atara Sheraton Residences and know every unit, floor plan, and payment option inside out.
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Al Marjan Island is one of the UAE's premier investment destinations. With the Wynn Resort casino opening nearby in 2027, this area is set for explosive growth in tourism and property values.
Est. 2014 • Dubai, UAE
Atara Development is a Dubai-headquartered property company with over a decade of delivery behind it, known for residential projects that lean on character rather than volume. Its work pairs distinctive architecture with durable build quality, putting craftsmanship, precision and considered detailing ahead of trend-chasing. Each scheme is held to demanding design and execution standards, with real attention paid to how people actually live and to value that holds over time. Through projects across Dubai and the wider UAE, Atara continues to add residences that leave a lasting architectural and experiential mark.
View All Projects by Atara DevelopmentRas Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.
AI-based studies predict up to 58% return on investment over five years for premium Ras Al Khaimah properties, driven by the Wynn Resort effect.
The first casino resort in the UAE, opening on Al Marjan Island in spring 2027. Property values in RAK already rose 20-35% in 2024.
UAE offers 0% income tax, 0% property tax, and 0% capital gains tax. Pay only a one-time 4% registration fee to the Land Department.
RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.
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