What is the background of the Developer?

Nobu Residences Al Marjan Island is being developed by Enevoria Development with H&H Development as their consultant.

Other Projects completed by the Developer

Nobu Hotel, Restaurant, and Residences Muscat, Oman: A second collaboration with Nobu Hospitality, announced as a landmark mixed-use project in Oman, partnering with the OMRAN Group,

Does One Broker Group – OBG – take any money from the Clients?

No, all payments are done to the Developers account. Instalment payments are done to the Escrow accounts of the Developer and Registration, or other fees, is done to the Developers current / corporate accounts.

What is the process for purchasing a unit?

Please note that procedures may vary depending on the developer; however, in most cases, a payment of 10%–20% is required to secure a unit. Initially, you will be asked to sign a reservation form, and upon receipt of the required payment (typically 20%), the Sales and Purchase Agreement (SPA) will be issued. In certain instances, developers may request a fixed reservation fee (for example, AED 50,000 or USD 10,000), following which the reservation form will be provided. We recommend confirming the exact process with your sales representative, as requirements and procedures may differ across developers. READ IN BLOG SECTION - FULL PROCESS SALES PROCESS EXPLAINED

Does OBG assist in handover of the unit?

Post-Handover Services From reservation to return, OBG manages your investment beyond the sale. Whether you're renting, reselling, or furnishing, our team is with you at every stage Rental Management Finding tenants, managing lease agreements, rent collection Short-term vs long-term rental strategy advice Yield optimisation, especially relevant on Al Marjan given the tourism boom Resale / Exit Strategy When the investor wants to sell, OBG lists and markets the unit on various platforms and having access to large database of clients. Capital appreciation tracking so they know the right time to exit Holiday Home / Short-Term Rental List the unit on Airbnb, Booking.com, holiday home platforms Property management, guest handling, cleaning, maintenance Particularly powerful for Al Marjan given Wynn resort proximity Interior Fit-Out Connecting investors to trusted fit-out contractors Furnished vs unfurnished recommendations based on rental strategy Design coordination for handover-ready units Property Management Maintenance coordination, service charge management, Handover and Snagging. NOC handling, utility setup, community registration

What are the other costs associated with Purchasing a property?

At the time of booking, a registration fee ranging from AED 3,000 to AED 10,000 must be paid upon purchase of the property. Before taking possession of the unit, 4% of the purchase price has to be paid to the Ras Al Khaimah Government Land Department.

What is the annual service fee?

Service fees are mandatory annual maintenance payments paid by property owners to cover cleaning, security, and upkeep of common areas like pools, gyms, and lobbies.

Can I rent it out on Short Term?

Hotels don’t allow short term.

Nobu Hotel and Residences Luxury Residences in Ras Al Khaimah

Here at Nobu Residences Al Marjan Island, every sunrise paints a tranquil picture, and every sunset sets the stage for unforgettable experiences. Savor moments of peaceful contemplation, dine on exquisite food and indulge in a world of events and entertainment unique to the island.

Highly personalized, fully integrated and impeccably designed, each residence embodies Nobu’s unique lifestyle philosophy, bringing together traditional Japanese minimalism and cool modern luxury. It’s time to find your balance.

Perfectly positioned off the coast of Ras Al Khaimah, Nobu Residences Al Marjan Island are at the heart of the Emirate’s first man-made archipelago. Offering 1, 2 & 3-bedroom residences, garden duplex, penthouses and private villas, all residents will benefit from access to the Nobu Hotel amenities, plus a wealth of exclusive facilities. 80% of the units have been sold.

The “Nobu Way” is about achieving the perfect balance, between elegance and excitement, luxury and comfort, and design and simplicity. We aim to enhance life at every opportunity, while always staying true to our distinctively laid-back take on sophistication. Our dedication to harmony and impeccable taste is what sets us apart and makes Nobu the lifestyle experience without parallel.

There is no construction video but a newsletter the developer sends. Below is the summary - you can request for the full Q1 letter to your agent

Progress Overview: T

The Main Contractor has now achieved 90% site mobilization, this significant milestone has resulted in the complete site offices being operational, 4 nos. Tower Cranes erected, with the final two cranes expected by the end of March. The Main Contractor has received major equipment and machinery to commence its raft foundation works. The workforce have been effectively inducted and are currently working across the entire site.