Prime Mixed-Use Development Plot – Treasure Island, Al Marjan Island

Type

Land

Purpose

Sale

Updated

21st April 2026

Completion Status

Ready

Prime Mixed-Use Development Plot – Treasure Island, Al Marjan Island
Location: Treasure Island, Al Marjan Island – Ras Al Khaimah
Plot Size: 467,000 sq.ft
Gross Floor Area (GFA): 1,430,000 sq.ft (Assumed FAR: 3x)
Permitted Height: Ground + 7 Floors (G+7)
Land Use: Mixed-Use (Hotels, Chalets, Residences, Retail)
Ownership: Freehold
Asking Price: AED 1.2 Billion

Project Overview

An exceptional large-scale development opportunity located on Treasure Island, directly adjacent to the upcoming Wynn Resort and Casino. This expansive plot offers a high-profile setting for a landmark mixed-use project combining hospitality, waterfront residences, and retail.

Key Investment Highlights

Direct proximity to the casino zone – front-row location for tourism-driven demand
Flexible mixed-use zoning: Ideal for hotels, serviced apartments, branded chalets, and luxury retail
Massive GFA potential of over 1.4 million sq.ft
Permitted G+7 height allows for a high-density, low-rise luxury development
Freehold ownership available for all nationalities
High visibility and accessibility within the most anticipated leisure destination in the UAE

Strategic Advantages

Prime position within Al Marjan Island's tourism and investment hotspot
Surrounded by mega-developments such as Wynn Resort, Nobu Residences, and Address Hotel
Strong ROI potential driven by international gaming, hospitality, and real estate demand
Suitable for branded hospitality and luxury residential developers