The Residences at Sheraton

The Residences at Sheraton Al Marjan Island Resort

The Residences at Sheraton Al Marjan Island Resort is a fully furnished and serviced beachfront branded residence development on Island 2 of Al Marjan Island, Ras Al Khaimah.

Also searched as Sheraton Residences Al Marjan Island, Sheraton Residences RAK and Sheraton Ras Al Khaimah, the development combines 300 Sheraton hotel units with a limited collection of 168 private residences.

The residential collection comprises 97 one-bedroom residences and 71 two-bedroom residences. One-bedroom Sheraton apartments start from AED 2.2 million, approximately USD 599,000, while two-bedroom residences start from AED 3.7 million, approximately USD 1.01 million.

The development offers direct private beach access, fully furnished homes, more than 50 planned resort amenities and the hospitality identity of Sheraton, part of Marriott International.

The standard payment plan is 40% during construction and 60% on handover. A promotional 30/70 payment plan may currently be available for selected residences, subject to unit eligibility, availability and written confirmation from Atara Development.

Sheraton Residences Project Details

Project: The Residences at Sheraton Al Marjan Island Resort

Location: Island 2, Al Marjan Island, Ras Al Khaimah

Developer: Atara Development

Brand: Sheraton

Brand group: Marriott International

Project status: Off-plan

Property type: Fully furnished and serviced beachfront branded residences

Private residences: 168

Sheraton hotel units: 300

Combined inventory: 468 hotel and residential units

One-bedroom residences: 97

Two-bedroom residences: 71

One-bedroom sizes: Approximately 716 to 967 sq. ft.

Two-bedroom sizes: Approximately 1,142 to 1,379 sq. ft.

One-bedroom starting price: From AED 2.2 million, approximately USD 599,000

Two-bedroom starting price: From AED 3.7 million, approximately USD 1.01 million

Standard payment plan: 40% during construction and 60% on handover

Promotional payment plan: 30% during construction and 70% on handover for selected residences

Expected handover: Q3 2028

Indicative service charge: Approximately AED 30 per sq. ft. annually

Resale eligibility: After 30% of the purchase price has been paid, subject to developer approval

RAK registration fee: 4%, subject to current authority charges

Beach access: Direct private beach access

Building configuration: Two basement levels, ground floor, mezzanine, 16 upper floors and rooftop

Prices, sizes, payment plans and availability remain subject to the current developer release, reservation documents and Sale and Purchase Agreement.

Sheraton Residences Prices and Availability

The current residential collection includes one-bedroom and two-bedroom Sheraton apartments for sale.

One-Bedroom Sheraton Residences

One-bedroom residences start from AED 2.2 million, approximately USD 599,000. The one-bedroom collection comprises 97 residences ranging from approximately 716 to 967 sq. ft.

Depending on the selected Sheraton residence floor plan, a one-bedroom home may include:

• Living and dining area
• Fully equipped kitchen
• One bedroom
• Bathroom
• Built-in storage
• Private balcony or outdoor space

The final layout, internal area, balcony size and view depend on the selected unit.

Two-Bedroom Sheraton Residences

Two-bedroom residences start from AED 3.7 million, approximately USD 1.01 million. The two-bedroom collection comprises 71 residences ranging from approximately 1,142 to 1,379 sq. ft.

These layouts provide additional internal space and may include:

• Larger living and dining areas
• Two bedrooms
• Additional bathrooms
• Larger kitchen configurations
• Increased storage
• Different balcony or terrace arrangements

Prices vary according to residence size, floor level, view direction, balcony area and position within the development. Current availability should be confirmed before reservation because individual units and promotional payment plans may change.

Sheraton Residence Sizes and Floor Plans

Sheraton Residences offers two principal apartment categories.

One-bedroom residences range from approximately 716 to 967 sq. ft.

Two-bedroom residences range from approximately 1,142 to 1,379 sq. ft.

Individual Sheraton floor plans may differ in terms of:

• Internal living area
• Balcony or terrace area
• Living-room dimensions
• Kitchen layout
• Bedroom proportions
• Bathroom arrangement
• Storage space
• Floor level
• View orientation
• Position within the building

Buyers should review the complete floor plan, internal area, balcony area, chargeable area and unit orientation before selecting a residence.

The final Sale and Purchase Agreement and attached unit plan take priority over illustrative marketing plans.

Fully Furnished Sheraton Apartments

The residences are planned for fully furnished delivery.

The interior concept reflects Sheraton’s contemporary hospitality identity and is expected to include coordinated living-room furniture, bedroom furniture, kitchen appliances, bathroom fixtures, lighting and interior finishes.

Fully furnished delivery reduces the additional work normally required to prepare a new off-plan residence following handover.

The contractual furniture and appliance schedule should be reviewed to confirm:

• Included living-room furniture
• Bedroom furniture
• Kitchen appliances
• Appliance brands
• Lighting
• Window treatments
• Decorative items
• Furniture maintenance responsibilities
• Replacement obligations
• Items shown in marketing illustrations but excluded from delivery

The furniture schedule attached to the purchase documents takes priority over show-residence displays and marketing images.

Sheraton Residences Payment Plan

Standard 40/60 Payment Plan

The standard Sheraton Residences payment plan is:

• 40% during construction
• 60% on handover

Construction instalments are payable according to the payment schedule issued for the selected residence.

Promotional 30/70 Payment Plan

A promotional payment plan may currently be available for selected residences:

• 30% during construction
• 70% on handover

The 30/70 structure is a promotional offer and is not automatically available for every Sheraton apartment.

Eligibility depends on:

• The selected residence
• Current developer availability
• The applicable price list
• Written confirmation from Atara Development
• The payment schedule attached to the reservation form

The promotional plan may be amended, restricted or withdrawn. Where the promotion does not apply, the standard 40/60 payment plan remains applicable. There is no standard post-handover payment plan.

Before paying a booking amount, buyers should confirm:

• Whether the selected unit qualifies for the promotional 30/70 plan
• The amount required at booking
• The amount due when signing the SPA
• Construction instalment dates
• The final handover payment
• Late-payment provisions
• Cancellation conditions
• Applicable administration charges

Sheraton Construction and Q3 2028 Handover

Sheraton construction is progressing toward an expected Q3 2028 handover, subject to official developer updates and the completion provisions contained in the Sale and Purchase Agreement.

The development is configured across:

• Two basement levels
• Ground floor
• Mezzanine
• 16 upper floors
• Rooftop facilities

The contractual completion date and any permitted extension period should be checked in the selected SPA.

Before purchasing, buyers should review:

• Contractual completion date
• Permitted extension period
• Handover-notice procedure
• Final payment requirements
• Inspection and snagging process
• Defect-liability provisions
• Utility connection requirements
• Conditions for receiving possession

Current Sheraton construction updates should be confirmed through the latest official developer report.

Island 2, Al Marjan Island Location

Sheraton Residences is located on Island 2 of Al Marjan Island, one of Ras Al Khaimah’s principal beachfront tourism and residential destinations. The development occupies a dedicated Sheraton resort setting with direct beach frontage and convenient access to the wider Al Marjan Island destination. Its location places residents close to Wynn Al Marjan Island while maintaining a separate beachfront resort environment.

Approximate travel times include:

• Wynn Al Marjan Island: approximately 3 minutes
• RAK Central: approximately 8 minutes
• Al Hamra Mall and Al Hamra Marina: approximately 15 minutes
• RAK Mall: approximately 20 minutes
• Ras Al Khaimah International Airport: approximately 30 minutes
• Dubai International Airport: approximately 50 minutes

Travel times are approximate and depend on traffic, road access and the route available at the time of travel.

Sheraton Hotel and Private Residences

The development includes 300 hotel units operated within the Sheraton resort and 168 separately owned private residences. Unlike a standard Sheraton hotel in Ras Al Khaimah, this development allows buyers to own a private branded residence within the wider resort environment.

The hotel and residential components may share selected facilities and hospitality services. Buyers should review the project documents to establish:

• Which facilities are shared
• Which spaces are reserved for residents
• Hotel guest access arrangements
• Resident guest policies
• Operating hours
• Services included within the service charge
• Services charged separately

Direct Private Beach Access

The Residences at Sheraton offers direct private beach access within the resort.

The beachfront environment is planned around swimming pools, landscaped leisure areas, dining venues, wellness facilities and spaces serving residents and hotel guests. Direct beach access distinguishes the development from inland projects and residences that rely on access through a separate beach club or another property.

The final residence documents should confirm:

• Resident beach-access rights
• Shared hotel and residential areas
• Guest-access rules
• Beach opening hours
• Water-sports arrangements
• Facilities involving separate charges

Sheraton Residences Amenities

The project materials describe more than 50 planned facilities and lifestyle experiences.

Beach and Swimming Facilities

• Direct private beach access
• Adult swimming pool
• Saltwater pool
• Rooftop infinity pool
• Children’s swimming pool
• Pool decks
• Sun loungers
• Cabanas
• Water-sports facilities
• Beach volleyball area

Health and Wellness Facilities

• Wellness spa
• Cold-plunge pool
• Sauna
• Steam room
• Treatment rooms
• Fitness studio
• Outdoor fitness area
• Pilates and yoga facilities
• Juice bar

Family Facilities

• Indoor children’s play area
• Outdoor children’s play area
• Children’s pool
• Teen club
• Arcade zone
• Mini-golf
• Family recreation spaces

Entertainment Facilities

• Cinema
• Outdoor cinema
• Golf simulator
• Games lounge
• Gaming tables
• Resident entertainment spaces
• Outdoor lounge areas

Dining and Social Facilities

• All-day dining restaurant
• Fine-dining venue
• Island pool bar
• Sky bar and lounge
• Outdoor dining terraces
• Residents’ lounge
• Sunken seating area

Business and Resident Facilities

• Co-working hub
• Meeting rooms
• Residents’ lobby
• Retail outlets
• Concierge services
• Valet parking
• Arrival and porter services
• Transport arrangements

Some facilities may be shared with the adjoining hotel. Selected hospitality, food and beverage, housekeeping, transport, wellness and lifestyle services may involve additional charges.

Sheraton and Marriott International

Sheraton is part of Marriott International and gives the development an internationally recognised hospitality identity. The branded residence model combines privately owned homes with the common facilities, services and operating environment associated with a Sheraton resort.

The value of each residence will also depend on its individual characteristics, including:

• Size
• Floor level
• View
• Balcony
• Purchase price
• Service charge
• Payment schedule
• Furniture package
• Position within the building

Buyers should therefore compare the selected unit rather than relying only on the Sheraton brand name.

ONVIA Owner Benefits

Eligible owners may receive access to ONVIA, Marriott International’s owner-recognition platform, subject to the applicable eligibility requirements and programme terms.

Potential benefits described in the project materials include:

• Preferential rates at participating Marriott hotels and resorts
• Priority access to selected lifestyle offers
• Dedicated concierge support
• Elite recognition at participating Marriott properties
• Room upgrades, subject to availability
• Late check-out, subject to availability
• Points redeemable for stays, flights and selected experiences

Access may depend on completion of the required purchase payments, execution of the Sale and Purchase Agreement and continued eligibility under Marriott’s programme terms.

Owner benefits are subject to change and should not be treated as guaranteed rental income or investment returns.

Sheraton Residences Service Charge

The indicative service charge is approximately AED 30 per sq. ft. annually. The annual amount will depend on the chargeable area of the selected residence.

The service charge is expected to support the operation and maintenance of:

• Common areas
• Building systems
• Security
• Shared resort infrastructure
• Beach facilities
• Swimming pools
• Landscaped areas
• Residents’ facilities
• Building management
• Hospitality-related common services

Buyers should confirm whether housekeeping, transport, food and beverage services, private events, wellness treatments or other hotel-style services are charged separately.

Registration and Ownership Costs

The current Ras Al Khaimah registration fee is stated as 4% of the purchase price, subject to the charges in force at the time of registration.

Additional costs may include:

• Developer administration fee
• Registration administration charges
• Utility connection fees
• Mortgage registration costs, where applicable
• Bank charges
• Valuation charges
• Resale or transfer fees
• Service-charge deposits
• Community or operating deposits

All additional purchase costs should be confirmed before reservation.

Sheraton Residences Resale Conditions

Current project information indicates that resale may be permitted after 30% of the purchase price has been paid.

Resale remains subject to:

• Developer approval
• Payment of the required percentage
• Settlement of overdue instalments
• Applicable administration fees
• Issuance of a developer NOC
• Current Ras Al Khaimah transfer requirements
• The resale provisions in the SPA

The selected Sale and Purchase Agreement and the developer’s policy at the time of resale take priority.

Sheraton Residences Project Summary

The Residences at Sheraton Al Marjan Island Resort combines:

• 168 private residences
• 97 one-bedroom apartments
• 71 two-bedroom apartments
• 300 Sheraton hotel units
• Fully furnished delivery
• Direct private beach access
• More than 50 planned amenities
• Marriott International brand association
• Potential ONVIA owner benefits
• Standard 40/60 payment plan
• Promotional 30/70 payment plan for selected units
• Expected Q3 2028 handover
• Indicative AED 30 per sq. ft. annual service charge
• Potential resale after 30% payment, subject to approval

One-bedroom residences start from AED 2.2 million, approximately USD 599,000. Two-bedroom residences start from AED 3.7 million, approximately USD 1.01 million.

Prices, availability and promotional payment plans should be confirmed against the latest developer release before reservation.

Compare Sheraton Residences on RAKcompare

RAKcompare allows buyers to compare Sheraton Residences with other branded and hotel residences in Ras Al Khaimah by reviewing:

• Starting prices
• Residence sizes
• Floor plans
• Standard and promotional payment plans
• Furnishing
• Beach access
• Service charges
• Ownership costs
• Expected handover
• Resale conditions
• Marriott-linked owner benefits

Sheraton Residences can be compared with JW Marriott Residences, W Hotels and Residences, The Luxury Collection Residences, Fairmont Residences, Waldorf Astoria Residences and other beachfront developments in Ras Al Khaimah.

Read More:

Click to Explore the Sheraton Blog Page

Click to read about the Process of buying a property directly from the Developer

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