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.

Does OBG assist in handover of the unit?

Yes, we will be with you all the way to handover and offer assistance during that time. We can arrange the snagging, renting or selling the property or even the interior decorations. We are a one stop shop.

What are the other costs associated with Purchasing a property?

Before taking possession of the unit, 4% of the Purchase Price has to be paid to the Rak Government Land Department. Along with that there will be a registration fee ranging from AED 3000 – AED 10,000, paid upon purchase of the property.

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. Above mentioned rates are estimates and can vary upon handover.

Can I sell the property before taking the handover?

Yes you can, but please double check the resale percentage allowed for the property.

Can I rent it out on Short Term? (hotels)

Hotels don’t allow short term and they work on a rental program where they share the profits of the occupancy of the unit. Usually the profit share is approximately 50 - 60% to Landlord and 40% to the Hotel before expenses (Gross rate).

What does it mean to be fully managed?

The hotel and residential units are under a mandatory hospitality management program. The property is to be managed by the Palladium Hotel Group under the renowned brand The Unexpected Hotels & Residences.

Who is the Palladium Hotel Group?

The Palladium Group is a reputable Spanish hotel operator with over 50 years of hospitality experience, managing more than 40 hotels in seven countries under nine brands.

What is The Unexpected Hotels & Residences brand?

The Unexpected Hotels & Residences is a pioneering luxury brand characterized by an innovative and disruptive spirit. The perfect blend of a high-quality culinary proposal, a cared design and a number of VIP experiences and services, will bring the hotel and residential proposal in Al Marjan Island to a new level of luxury and exclusivity, in line with an increasingly in-demand traveler profile.

The Unexpected Hotel and Residences Luxury Residences in Ras Al Khaimah

Project Details

Born in Ibiza in 2011, The Unexpected Hotels & Residences is a pioneering luxury brand where music, irreverence, and world-class hospitality collide. Now, for the first time in the Middle East, Almal Real Estate Development brings this legendary concept to the shores of Al Marjan Island, Ras Al Khaimah, a destination already being transformed into one of the UAE's most exciting global addresses.

Situated less than a minute from the Wynn Resort, home to the UAE's first casino, The Unexpected Al Marjan Island Hotel & Residences offers 422 fully furnished and fully managed units, comprising 319 five-star hotel rooms and 103 branded residences ranging from studios to two-bedroom apartments. Every unit is delivered fully furnished and managed under the Palladium Hotel Group, one of Spain's most respected hospitality operators with over 50 years of experience across 40+ hotels in seven countries.

The property's architecture is a statement in itself inspired by cymatics, the visual patterns created by sound waves shifting effortlessly from a serene coastal retreat by day to a luminous, music-driven destination by night. Across its three levels of amenities, guests enjoy 8 pools, a signature beach club, rooftop restaurant and bar, oyster terrace, VIP suites with private pools, a spa and wellness center, and a curated program of world-class entertainment.