MoonStone is a luxury residential building being developed by OCTA in partnership with Durar F5 and being built on Al Marjan Island in the Emirate of Ras Al Khaimah. This man-made archipelago is becoming a top resort destination, offering its residents and visitors magnificent natural beauty, stunning beaches, and high-quality hotel services and amenities. Commissioning of the facility is scheduled for the 4th quarter of 2026
Location:
“Al Marjan Island, where MoonStone will be located, is an artificial archipelago that is actively developing and is quickly gaining a reputation as the place to go in Ras Al Khaimah. Al Marjan Is Blvd connects the island with the mainland of the emirate and leads to Sheikh Mohammed Bin Salem Rd. Dubai is approximately an hour’s drive away and Ras Al Khaimah International Airport (RKT) is 30 minutes’ drive away.
– For dining, residents can choose from a variety of restaurants that are within walking distance of the complex, including CLAW BBQ RAK, Karma Kafé Rak by Buddha – Bar, Sanchaya and many more. Many other reputable restaurants can be found in Al Hamra Village, which also houses Al Hamra Mall with a variety of shops, cafes, an entertainment center and a cinema. The shopping center is a 10-minute drive away, while Al Hamra Sailing Club and Al Hamra Golf Club are the same distance away.
— The social infrastructure of the emirate is well developed, and within a 15-minute drive from the complex, residents will find many educational and medical institutions. For children, there are kindergartens Red Bus, Little Treasures, Chubby Cheeks Nursery Ras Al Khaimah, RAK Academy – British School Al Hamra-BSH and Zainab School for Basic and Secondary Education. Qualified medical care is available at RAK Medical Center Al Hamra, RAK Medical Center Al Jazeera and Sheikh Khalifa Specialty Hospital.
In addition, history and architecture lovers will find many interesting museums and preserved monuments in Ras Al Khaimah. One of them, located just 15 minutes’ drive from MoonStone, is the Al Jazeera Al Hamra open-air museum, which features a fort, a mosque, a souk and traditional fishermen’s houses. RAK is known for its deep history and heritage, and it is proud to embody this in the future of the emirate, making the area even more attractive and beautiful.
Economic attractiveness:
“The exclusive MoonStone project will also serve as an ideal rental property, as residences in the resort area with private terraces and pools, as well as picturesque sea views, will be in demand among tenants.
— As of the 4th quarter of 2023, the annual rental cost of a one-bedroom apartment on Al Marjan Island is 39 dirhams (10.6 thousand US dollars).
“In addition, the emirate’s fantastic climate, first-class amenities and hotel services will ensure continued demand for properties in the area, and as the island develops, properties can be resold for a profit of 15-20 %.”
At the same time, after the project is completed, you will be able to obtain an investor visa for a period of 2 or 10 years, depending on the purchase price. This residence permit can be extended as long as you remain the owner of the property.
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