Skip to main content
Off-Plan — Al Marjan Island

Mondrian Beachfront Residences

Mondrian Beachfront Residences brings the global Mondrian lifestyle to the shoreline of Al Marjan Island, delivered through a partnership between Elevate and One Group.

Starting from AED 2,750,000
Handover Q4 2028
Payment Plan 60/40

Request Price List

Get the full brochure sent to your email

Free • No spam • Unsubscribe anytime

Scroll
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 Mondrian Beachfront Residences at a glance — from pricing and unit types to handover timelines.

Starting Price
AED 2,750,000
$748,000
Unit Types
1 – 5 BR
Multiple layouts available
Handover
Q4 2028
Q4 2028
Payment Plan
60/40
0% interest

Flexible 60/40
Payment Structure

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

20%
Down PaymentOn Booking
From AED 2,750,000
40%
During ConstructionInstallments
Installments over construction
40%
On HandoverQ4 2028
Upon key collection

Why This Payment Plan Works for Investors

Mondrian Beachfront 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 2,750,000

Stage%Amount (AED)DescriptionMilestone
Down Payment20%AED 550,000Initial payment on bookingOn booking
Installment 110%AED 275,000Construction progress payment6 months
Installment 210%AED 275,000Construction progress payment12 months
Installment 310%AED 275,000Construction progress payment18 months
Installment 410%AED 275,000Construction progress payment24 months
Handover Payment40%AED 1,100,000Final payment upon key collectionQ4 2028
Total100%AED 2,750,000Full 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
CompletionQ4 2028
Your Dedicated Advisor

Have Questions About
Mondrian Beachfront Residences?

Hi, I'm LanaSenior Investment Advisor at Palmera. I've personally assisted dozens of investors with Mondrian Beachfront Residences and know every unit, floor plan, and payment option inside out.

"Mondrian Beachfront Residences is one of my top picks for investors. Elevate & One Group'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.

1 BR

1-Bedroom Apartment

Bedrooms 1
Bathrooms 1
Size 850 ft²
From AED 2,750,000
2 BR

2-Bedroom Apartment

Bedrooms 2
Bathrooms 2
From AED 4,000,000
3 BR

3-Bedroom Apartment

Bedrooms 3
Bathrooms 3
From AED 5,500,000

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.

Beach District
7 minutes by car
Al Hamra Mall
8 minutes by car
RAK Central
11 minutes by car
RAK International Airport
35 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

Direct Beach Access
Rooftop & Sky Pools
Wellness & Fitness Club
Children's Play Areas
Beachfront Dining
On-Demand Lifestyle Services

Elevate & One Group

Est. 2014 • Dubai, UAE

30+
Projects
5,000+
Units

Branded Beachfront Living Specialists

Mondrian Beachfront Residences is the result of a collaboration between Elevate and One Group, two developers focused on pairing hospitality-led design with high-end residential real estate. The project carries the operating expertise of Accor's Mondrian brand, architecture by Gensler and interiors by Bergman Design House. Their shared approach favours distinctive structures, carefully curated living spaces and a service layer that turns daily routines into a genuine luxury experience, positioning the development among the most recognisable branded addresses on Al Marjan Island.

View All Projects by Elevate & One Group

Why Mondrian Beachfront 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 income tax and no capital-gains tax, so rental income and resale profit stay in your pocket. The main purchase cost is a one-time 4% Dubai Land Department-equivalent registration fee paid to RAK authorities, plus standard administrative and registration charges at transfer.
The development follows a 60/40 structure. Buyers pay a 20% down payment to reserve a residence, then 40% in staged instalments across the construction period, with the remaining 40% settled on handover, currently expected in Q4 2028. This spread keeps capital commitments manageable during the build.
Yes. Al Marjan Island is a designated freehold zone, so overseas buyers receive 100% freehold ownership with full title registered in their own name. There is no requirement for a local partner or sponsor, and the property can be sold, leased or passed on freely.
All buyer instalments are paid into a government-regulated escrow account tied to the project. Funds are released to the developer only as verified construction milestones are reached, which protects your capital and links payments directly to real progress on site through to completion.
Buying a residence valued at AED 2,000,000 or more makes you eligible to apply for the UAE's 10-year Golden Visa. Since prices at Mondrian Beachfront Residences begin at AED 2,750,000, every unit clears the threshold, extending residency benefits to you and your immediate family.

Similar Projects in Al Marjan Island

Explore other premium developments in the same area.

Limited Units Available

Secure Your Unit at
Mondrian Beachfront Residences

Get the full brochure, floor plans, and pricing details sent directly to your inbox. Our team is ready to help you make the right investment decision.

Direct from Developer
0% Commission
Escrow Protected
Freehold Ownership
Mondrian Beachfront Residences From AED 2,750,000

Get in Touch

We'll respond within 2 hours during business hours

Thank You!

Our team will contact you shortly with personalized recommendations.

WhatsApp Chat