Key Facts
- Property type:
- Apartment, Branded Residences, Beach Properties
- Bedrooms:
- 1 BR – 5 BR
- Completion:
- Q4 2028
- Location:
- Al Marjan Island
- Developer:
- Elevate Developments
- Payment plan:
- 60/40
- Starting price:
- AED 2,550,000
Mondrian Residences is one of those projects that immediately feels a little different. Not just because it sits right on the beachfront at Al Marjan Island, but because the whole concept seems to lean into mood and atmosphere rather than trying too hard to impress. The architecture is bold, yes, but there’s also something softer in the way the project is described — the references to pebbles shaped by tide, the use of natural textures, the idea that the line between building and beach should feel almost blurred. It gives the development a more thoughtful identity than many launches competing for attention in the Dubai property market.
Set on Al Marjan Island in Ras Al Khaimah, Mondrian Residences enters a location that has become increasingly important for buyers watching waterfront real estate beyond central Dubai. Technically, it is not in Dubai itself, but for anyone searching for an off-plan project in Dubai and the wider luxury coastal market, this area keeps coming up for good reason. It offers beachfront living, growing hospitality demand, and the kind of large-scale master-planned environment that tends to attract both investors and lifestyle buyers. I’ve noticed that Al Marjan is no longer seen as a secondary option. It feels more like a market of its own now.
The product mix is broad in a useful way. Mondrian Residences includes 1 to 3 bedroom residences, 3 to 4 bedroom townhouses, and 3 to 5 bedroom sky duplexes, with sizes ranging from 862 to 8,582 square feet. That range matters. It means the project is not limited to one buyer profile; it can appeal to someone looking for a refined holiday-style residence, a primary waterfront home, or a more ambitious investment opportunity with premium positioning. And because every home is oriented around panoramic ocean views, there’s a consistency to the offer that buyers usually respond to well.
From a financial standpoint, the numbers are fairly clear. Prices start from AED 2.55 million, the payment plan is 60/40, and the down payment is 20%, with completion scheduled for Q4 2028. For an investor, that structure gives some breathing room. For an end user, it creates a timeline that feels manageable rather than rushed. In the context of real estate in Al Marjan Island, that kind of staged payment setup can be especially appealing while the area continues to mature.
Lifestyle is obviously a major part of the pitch here, and perhaps rightly so. The amenities include a courtyard pool and bar, sky club, private dining and lounge spaces, rooftop padel court, fitness and wellness zones, cold plunge pools, sauna, and dedicated kids’ areas. It sounds extensive, but not random. There’s a clear focus on creating a full-day living environment rather than just a list of features for a brochure.
Overall, Mondrian Residences feels like a project with both image and substance. It has the visual identity buyers expect from a luxury waterfront launch, but it also sits in a location with real momentum. For anyone tracking real estate in Al Marjan Island, whether for personal use or long-term positioning, this is a project worth paying attention to.
Location
Al Marjan Island is one of Ras Al Khaimah’s most prominent waterfront destinations, known for its resort lifestyle, growing investment appeal, and direct beach access. Mondrian Residences occupies a beachfront position within this setting, offering uninterrupted sea views and access to the island’s leisure, hospitality, and lifestyle infrastructure.
Amenities
Mondrian Residences is designed around beachfront leisure, wellness, and social spaces that support an elevated coastal lifestyle. Residents have access to curated relaxation areas, sports facilities, family zones, and wellness amenities, all set within a premium waterfront environment.
Payment Plan
Mondrian Residences offers a 60/40 payment plan with 20% down payment, 40% during construction, and 40% on handover in Q4 2028.