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Off-Plan — Al Marjan Island

Atara Sheraton Residences

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.

Starting from AED 2,415,000
Handover Q3 2028
Payment Plan 70/30

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Direct from Developer 0% Commission
Escrow Protected Bank-secured funds
Remote Purchase Buy from anywhere
Tax-Free 0% property tax

Everything You Need to Know

Key details about Atara Sheraton Residences at a glance — from pricing and unit types to handover timelines.

Starting Price
AED 2,415,000
$656,880
Unit Types
Studio
Multiple layouts available
Handover
Q3 2028
Q3 2028
Payment Plan
70/30
0% interest

Watch the Atara Sheraton Residences Video

Flexible 70/30
Payment Structure

Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.

20%
Down PaymentOn Booking
From AED 2,415,000
50%
During ConstructionInstallments
Installments over construction
30%
On HandoverQ3 2028
Upon key collection

Why This Payment Plan Works for Investors

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.

0% interest throughout the payment period
Resell after 30% paid — earn capital gains pre-handover
Only 4% one-time fee to Land Department (no annual tax)
Funds held in escrow — fully protected by UAE law
Get Detailed Payment Schedule

Full Payment Schedule

Detailed breakdown based on starting price AED 2,415,000

Stage%Amount (AED)DescriptionMilestone
Down Payment20%AED 483,000Initial payment on bookingOn booking
Installment 110%AED 241,500Construction progress payment6 months
Installment 210%AED 241,500Construction progress payment12 months
Installment 310%AED 241,500Construction progress payment18 months
Installment 410%AED 241,500Construction progress payment24 months
Installment 510%AED 241,500Construction progress payment30 months
Handover Payment30%AED 724,500Final payment upon key collectionQ3 2028
Total100%AED 2,415,000Full purchase price

* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.

Additional Fees

DLD Fee (Land Dept.)4% of purchase price
Admin Fee (Developer)AED 5,250
Service Charge (Annual)AED 14 / sq ft / year
Agent Commission0% — FREE
Annual Property Tax0% — None
Capital Gains Tax0% — None

Property Details

Building StructureReinforced concrete, G+20
Ownership100% Freehold
ResellAllowed after 30% paid
FurnitureUnfurnished (upgrade available)
Parking1 dedicated space per unit
CompletionQ3 2028
Your Dedicated Advisor

Have Questions About
Atara Sheraton Residences?

Hi, I'm LanaSenior 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.

"Atara Sheraton Residences is one of my top picks for investors. Atara Development's quality is unmatched at this price point, and the Al Marjan Island location offers exceptional value. I'd love to walk you through the best available units and help you find the perfect fit for your investment goals."
Lana Lents
Lana Lev
Senior Investment Advisor
EnglishRussian

Unit Types & Pricing

Pick the configuration that fits your investment goals.

Studio Apartment

Bedrooms Studio
Bathrooms 1
Size 725 ft²
From AED 2,415,000

Prime Position in
Al Marjan Island

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.

Al Marjan Beach
5 minutes by car
Al Hamra Mall
15 minutes by car
RAK International Airport
35 minutes by car
Dubai International Airport
60 minutes by car
  • Wynn Resort & Casino 5 minutes by car
  • Al Hamra Mall 10 minutes by car
  • Dubai Int'l Airport 50 minutes by car

Resort-Style Living

Swimming Pool
Fully Equipped Gymnasium
Kids' Play Area
Yoga & Meditation Deck
Branded Hospitality Services
Landscaped Island Surroundings

Atara Development

Est. 2014 • Dubai, UAE

30+
Projects
5,000+
Units

Branded Living, Crafted In Detail

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 Development

Why Atara Sheraton Residences Is a Smart Investment

Ras Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.

Projected ROI

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.

Up to 58%

Wynn Casino 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.

2027

Tax-Free Investment

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.

0% Tax

$75B Development Pipeline

RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.

$75B

Frequently Asked Questions

Ras Al Khaimah charges no annual property tax, no income tax on rental earnings and no capital-gains tax on resale. The main upfront cost is a single 4% Dubai Land Department-equivalent registration fee paid to the RAK authority at purchase, plus standard administrative charges. This keeps your total entry and holding costs low compared with most international markets.
The residences follow a 70/30 structure spread across the build period. You begin with a 20% down payment to reserve your studio, then pay 50% in staged instalments during construction, with the remaining 30% settled at handover in Q3 2028. This phased approach lets investors fund the purchase gradually rather than committing the full amount upfront.
Yes. Al Marjan Island is a designated freehold zone, so overseas buyers can purchase Atara Sheraton Residences on a 100% freehold basis with full title registered in their own name. There is no requirement for a local sponsor or partner, and ownership passes freely to heirs, giving foreign investors the same secure rights as UAE nationals.
Off-plan purchases in Ras Al Khaimah are governed by the emirate's real-estate regulations, which require developer funds to flow through a closely monitored project escrow account. Your staged payments are released to Atara Development only as construction milestones are verified, which protects buyers and ties the developer's access to capital directly to measurable on-site progress.
A property investment of AED 2 million or more qualifies the owner for the UAE's 10-year renewable Golden Visa. With studios starting at AED 2,415,000, a purchase at Atara Sheraton Residences clears that threshold, allowing eligible buyers and their families to secure long-term residency alongside their RAK investment.

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Limited Units Available

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Atara Sheraton Residences

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Direct from Developer
0% Commission
Escrow Protected
Freehold Ownership
Atara Sheraton Residences From AED 2,415,000

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