The Residences at Sheraton

Al Marjan Island 2, Ras Al Khaimah · by Atara Development

Starting priceAED 2,200,000

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Key Project Information

Official Project Name
The Residences at Sheraton
Location
Al Marjan Island 2, Ras Al Khaimah
Developer
Atara Development
Brand
Sheraton
Property Type
Hotel & Residences
Residential Units
168
Building Configuration
2+G+M+18F+R
Residence Types
1 Bed, 2 Bed
Furnishing
Fully furnished
Beach Access
Direct Access
Standard Payment Plan
10 / 20 / 7010 / 20 / 70
Handover
Q3 2028
Rental Split
60 / 40
Short-term Rental
Not permitted
Est. Service Charges
AED 35 / sq ft / yr
Resale
30%
Pets Allowed
No
Service charge basis
Estimate from the supplied property workbook
Interactive Al Marjan Island Map
Exclusive advantageSpecial Payment Plans - Speak to your advisor

About

Sheraton Residences Al Marjan Island The Residences at Sheraton Al Marjan Island Resort is a fully furnished beachfront development by Atara on Island 2, Ras Al Khaimah. It combines private homes, direct beach access and the services of the adjoining Sheraton resort. Current…

About

Sheraton Residences Al Marjan Island

The Residences at Sheraton Al Marjan Island Resort is a fully furnished beachfront development by Atara on Island 2, Ras Al Khaimah. It combines private homes, direct beach access and the services of the adjoining Sheraton resort.

Current homes are 1-bedroom and 2-bedroom residences. Studios are no longer available from the developer.

Sheraton Branded Residences in Ras Al Khaimah

Sheraton is part of Marriott International. Atara presents this development as the first Sheraton-branded residences in the GCC. Its private beachfront setting makes it relevant to buyers comparing Marriott residences on Al Marjan Island and branded residences near Wynn Al Marjan Island.

Residences and Interiors

  • Floor-to-ceiling glazing, balconies and sea-facing living spaces.
  • Fully equipped kitchens with European premium finishes and Sheraton-standard fittings.
  • Built-in wardrobes and carefully selected furnishings.
  • One-bedroom and two-bedroom layouts; exact outlook and specification depend on the selected residence.

Private Beach and Resort Lifestyle

The development combines ground-level beach and pool facilities with residents-only social spaces, fitness and wellness facilities, and a rooftop pool and lounge. Access conditions and charges vary by service; the Amenities section lists the planned facilities.

Marriott Bonvoy and ONVIA Owner Benefits

Eligible owners can access ONVIA, Marriott International's owner recognition platform. The brochure lists Marriott Bonvoy membership, preferred hotel access, dining and wellness privileges, concierge assistance and selected owner experiences, subject to programme terms.

Sheraton Hotel Rental Programme

The current rental arrangement allocates 60% to the owner and 40% to the hotel operator for participating residences. This allocation is not a guaranteed net yield; operating costs and hotel performance affect final income.

Location Near Wynn Al Marjan Island

The brochure places Wynn Al Marjan Island approximately 3 minutes away, RAK Central 8 minutes, Al Hamra Mall and Marina 15 minutes, RAK International Airport 30 minutes and Dubai International Airport 50 minutes. Travel times are indicative. Sea views should not be described as guaranteed Wynn views.

About Atara Development

Atara Development is a Dubai-based real estate developer whose company profile dates its founding to 2017. Its portfolio includes the Gems Collection and Terra Collection villas in Pearl Jumeirah, with projects also presented in District One and La Mer South Island. The company has expanded to Al Marjan Island with The Residences at Sheraton Al Marjan Island Resort. Rakhat Construction is its in-house construction company. Atara develops the residences under a Sheraton brand licence from Marriott International; Marriott does not own, develop or sell the project.

Direct Developer Contact

Submit the short enquiry form to connect with Viveta, Sales Manager for The Residences at Sheraton, for current availability, floorplans, prices and the payment schedule for your selected residence.

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Direct Developer Contact

Connect with the assigned developer sales team for availability, floorplans, prices and reservation details.

Market Prices by Area

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Residences & availability

Prices & Floorplans Direct Developer Access · No Agents

Floorplans
UnitsPrice rangeSize rangesq ftAvg. price/ sq ftFloorplansCheck AvailabilityPayment plan
1 BedPayment plan: 10 / 20 / 70AED 2.2M to AED 3.48M716 – 967AED 3,333Payment Plan10 / 20 / 70i
2 BedPayment plan: 10 / 20 / 70AED 3.4M to AED 4.2M1,142 – 1,392AED 2,997Payment Plan10 / 20 / 70i
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The Residences at Sheraton Payment Plan and Cost

The Residences at Sheraton · Based on an average unit price of AED 2,840,000

1 Bed
Starting PriceAED 2,200,000
Illustrative Average PriceAED 2,840,000
iInstalments and fees below use this amount, not the starting price.
Land Dept. Fee · 4%AED 113,600
Admin feeAED 3,525
Total purchase costAED 2,960,000
Payment schedule
Down payment2026
10%AED 284K
During construction2027
20%AED 568K
On handoverQ3 2028
70%AED 1.99M
10%AED 284K
Down payment2026
20%AED 568K
During construction2027
70%AED 1.99M
On handoverQ3 2028
Annual service charge: AED 29,453Illustrative figuresFees shown separately from instalment amounts

Trade-offs to know

  • Fully furnished: confirm the final furniture and appliance schedule for the selected unit.
  • Beach: Direct Access.
  • Estimated service charges of AED 35/sq ft per year are typical for serviced hotel residences.
  • Resale allowed once 30% has been paid.
  • A limited-time developer offer currently applies.

Amenities

Facilities listed in the project record.

Wellness & Leisure

Adult Pool
Saltwater Pool
Kids Pool
Island Pool Bar
Rooftop Pool
Life Fitness Gym
Outdoor Gym
Spa & Wellness Facilities

Dining & Social

In-Room Dining
Residents Lounge
Sun Loungers & Shaded Seating
Sky Bar & Lounge
Shisha Lounge
Juice Bar
Coffee Bar
Kids Club
All-Day Dining Restaurant
Premium Restaurant
Outdoor Dining Terrace
Nightclub

Family & Recreation

Private Cinema
Games Area
Outdoor Kids Play Area
Indoor Kids Play Area
Outdoor Cinema & Arts and Crafts Area

Outdoor & Beach

Private Beach
Beach Volleyball
Outdoor Lawns
Ballroom & Event Terrace
Outdoor Sports Screen

Resident Services

24-Hour Concierge
Concierge Desk

Lifestyle & Convenience

Meeting Rooms
Co-Working Spaces
Water Activities
Jacuzzi
Pilates Studio
Residents Lobby
Nursery Service
Retail Outlets
Rooftop Cabanas

Project Media

project video, brochure, construction update, 3D walkthrough and interactive Al Marjan Island map in one place.

Explore 3D WalkthroughStep inside the residences in 360°Interactive Al Marjan Island MapExplore Al Marjan Island and nearby landmarks

Your location at a glance

Key destinations within easy reach.

Drive to Wynn4 mins
RAK Central8 mins
Al Hamra Mall & Marina15 mins
Road distance to Wynn2.2 km

RAKcompare score

Overall score23.5/24
Location3/3
Views3/3
Beach access3/3
Amenities3/3
Payment plan2.5/3
Value per sq ft3/3
Developer track record3/3
Construction progress3/3

RAKcompare score out of 3, based on our advisors' assessment.

Buyer questions answered

The Residences at Sheraton FAQs

Key answers on pricing, ownership, payment plans, resale and availability.

What is The Residences at Sheraton Al Marjan Island?

A fully furnished beachfront branded residence development by Atara on Island 2 of Al Marjan Island, Ras Al Khaimah, adjoining the Sheraton resort with direct private beach access.

Are studios still available at Sheraton Residences?

No. Studios are no longer available from the developer. The current offering shown on this page consists of 1-bedroom and 2-bedroom residences. Older brochures may still show studio layouts.

What are the current apartment sizes and prices?

One-bedroom residences range from 716 to 967 sq ft and AED 2.2m to AED 3.474m. Two-bedroom residences range from 1,142 to 1,392 sq ft and AED 3.4m to AED 4.2m. The latest supplied table lists 97 one-bedroom and 71 two-bedroom units; current availability should be reconfirmed.

Who develops Sheraton Residences Al Marjan Island?

Atara Development develops the project under a Sheraton brand licence from Marriott International. Sheraton is part of Marriott; Marriott does not own, develop or sell these residences.

Are the Sheraton residences fully furnished?

Yes. The residences are marketed as fully furnished, with equipped kitchens, wardrobes and Sheraton-standard fittings. Confirm the final furniture and appliance schedule for the selected unit.

What is the current Sheraton Residences payment plan?

The current CMS sales-offer schedule is 30/70: 10% down payment, 20% during construction and 70% on handover. It comprises 5% on booking, 5% within 30 days, four 5% construction instalments and 70% at handover. The signed unit schedule governs exact dates and applicable offers.

Is there a post-handover payment plan?

The current 30/70 schedule has the final 70% due on handover and does not include post-handover instalments.

When is Sheraton Residences expected to complete?

The current expected handover is Q3 2028, with 30 September 2028 listed in the saved sales-offer schedule. The contractual date and construction updates should be checked for the selected unit.

Does Sheraton Residences have direct private beach access?

Yes. The project includes a private beachfront, beach volleyball and water activities. Some resort facilities are shared with hotel guests; resident access conditions should be confirmed.

What amenities are planned at Sheraton Residences?

Planned facilities include adult, saltwater, children's and rooftop pools, a Jacuzzi, residents lounge, meeting rooms, co-working spaces, cinema and gaming rooms, Life Fitness gym, Pilates studio, outdoor gym, spa, kids club and play areas, restaurants, rooftop bars and concierge services.

What is the indicative service charge?

The supplied one-pager lists an estimated AED 30 per sq ft annually. The final approved budget and chargeable area determine the actual service charge.

When can a Sheraton residence be resold?

The supplied one-pager states a 30% payment threshold for resale. Transfers remain subject to developer approval and the selected purchase agreement.

What is the hotel rental revenue split?

The current confirmed CMS arrangement allocates 60% to the residence owner and 40% to the hotel operator for participating units. Net income depends on hotel performance and contractual operating deductions.

Can owners rent independently on a short-term basis?

Independent short-term letting rights and participation in the hotel rental programme depend on the final management agreement. Confirm the applicable terms before purchasing.

What Marriott Bonvoy and ONVIA benefits can owners receive?

Eligible owners can access ONVIA and Marriott Bonvoy-related benefits. The brochure lists preferred hotel access, dining and wellness privileges, concierge support and selected owner experiences, subject to programme terms.

How close is Sheraton Residences to Wynn Al Marjan Island?

The project brochure places Wynn approximately 3 minutes away, RAK Central 8 minutes away and Al Hamra Mall and Marina 15 minutes away. Travel times vary; proximity to Wynn does not guarantee a Wynn-facing view.

How can I contact the developer sales team?

Submit the short enquiry form to connect with Viveta, Sales Manager for The Residences at Sheraton, for current availability, prices, layout options and payment terms.

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