1 bedroom apartment for sale in al margan, Al Marjan Island, Ras Al Khaimah, UAE. 68 m². №1377

Pacific is a large residential complex located in the coastal part of Ras Al Khaimah on Al Marjan Island. The project consists of six 10-story buildings named after the Pacific islands of Samoa, Tonga, Fiji, Tahiti, Polynesia and Bora Bora. The developer of the complex was Select Group, and its full commissioning took place in 2017. From the windows of the buildings, residents enjoy picturesque views of the Arabian Gulf and the emirate’s skyline.

Pacific Buildings’ total properties include 1,400 residential units. Among them, studios, apartments from 1 to 2 bedrooms and duplexes with private gardens are available for purchase and rental. The areas of the objects vary from 41 sq.m to 177 sq.m.

The complex provides modern, comfortable amenities for coastal living. There are several sports fields and shops on its territory, and each building has a rooftop swimming pool and a stylized lobby with a concierge.

Thus, the services offered for use to residents and guests of the complex can be combined into the following list:

• parking places;
• high speed elevators;
• 24-hour security with video surveillance;
• indoor and outdoor gyms;
• swimming pools with sun loungers;
• jacuzzi and sauna;
• concierge service;
• location on the shore;
• direct access to the beach;
• picturesque views of the Arabian Gulf.

Location

Al Marjan Island, of which the Pacific Buildings complex is part, is an artificial island located on the coast of Ras Al Khaimah. It is a 30-minute drive from the emirate’s international airport and a 50-minute drive from Dubai Airport. Four different shaped parts of the island are connected by a road.

On the territory of the Pacific Buildings complex there are Little Maestro Pizza and Super Breeze Bar & Restaurant restaurants, Al Sanad Super Market and Leptis Fresh Supermarket supermarkets. This part of Al Marjan Island is just being built up, so it is most convenient to use a personal car or taxi on the island.

Residents can reach Al Marjan Island Corniche, Solomed Pharmacy, children’s playground and paddle tennis area in less than 5 minutes. Also on the island there is a ZOOM chain supermarket, a fitness room and a nightclub.

The nearest school is RAK Academy – British School Al Hamra, Little Treasures Nursery and Aljazeera Health Center in the neighboring Al Jazirat Al Hamra area, a 15-minute drive away. In addition, in 10-15 minutes from the complex you can get to:

• Sheikh Khalifa Specialty Hospital;
• Al Hamra Golf Club;
• Al Hamra Marina & Yacht Club;
• Al Hamra Mall shopping complex.

• Payback

  Pacific Buildings apartments are suitable for local residents who want to live on the shores of the Arabian Gulf, and tourists. The ability to rent out premises for both long and short periods increases the profitability of financial investments in facilities.

  In the buildings of the complex, the cost of annual rental property ranges from AED 20,000 (USD 5,000) to AED 75,000 (USD 20,000). The ROI for the type of housing presented in Pacific Buildings in the Al Marjan Island area is 7.1%. In addition, it will be convenient for foreign investors to acquire full ownership of residential properties.