Sales start: residences from $490,000 at The Asteria, Al Marjan Island, Ras Al Khaimah

The Asteria is an excellent new investment opportunity, soon to be launched. This resort complex is located on Al Marjan Island, right next to the Wynn Casino, which is set to open in 2027. With the casino's opening, property and rental prices are expected to soar. The project is in collaboration with Aston Martin, who will design all interiors.

We advise investing now while this tropical island is gaining momentum. EOI starts from $27,200.

Why this is profitable:

• ROI ≈ 6.0% from rental income.

• Apartments with 1-3 bedrooms starting from $490,000.

• Initial payment of 10% from $49,000.

• 0% installment plan over 4 years – 80/20 split.

How we help you earn:

• We will promptly find you a tenant after you receive the keys and register the rental agreement with the Land Department.

• We assist in selling the property at peak prices to maximize your profit.

• Upon receiving the keys, we will arrange for the connection of electricity, gas, water, and internet.

Developer:

DarGlobal

By car:

• 30 minutes – to RAK Airport;

• 60 minutes – to Dubai.

Estimated ROI from long-term rental:

Annual rent for a 1-bedroom unit considering rising rental rates closer to the house completion: $33,800

Service charge: $2,900

DLD fee: from $19,600

ROI ≈ 6.0%

Construction is actively underway on Al Marjan Island, soon transforming it into the prime resort destination for residents of Arab countries. Hence, investing now is crucial before prices surge.