Aldar Properties presents the resort-style complex of Nikki Beach Residences with excellent terms of purchase and return on investment.
Aldar Properties presents the branded complex of Nikki Beach Residences — four premium-class towers in an elite cluster on the islands of Ras Al Khaimah. The complex is being developed in collaboration with one of the leaders of the hospitality industry, Nikki Beach Global. The project is expected to be completed and ready for occupancy in 2028.
Nikki Beach Residences will feature 803 furnished and unfurnished residences. These will include 1-4 bedroom apartments and exclusive sky villas and sky terraces with 5 bedrooms, ranging in size from 970 sq. ft to 7,400 sq. ft.
Each residence will come with a private balcony, bedrooms with walk-in closets, a separate dining area and a laundry room. The interiors will be designed by the Nikki Beach brand, using natural materials such as wood, marble and various tiles by popular brands.
The Nikki Beach Residences complex will give future residents unbridled access to a private beach and onsite entertainment. You can make full use of a pool, outdoor sports courts, a library, fitness centre, game room, relaxation gardens, a spa zone, children's club and play area, co-working space and more. You'll be able to spend your free time enjoying events at the clubhouse or socialising in the beachfront lounge. Being a resident here also comes with additional perks: the a la carte services by Nikki Beach Global, such as babysitters and chauffeurs for hire. The Wynn Al Marjan Island hotel, not far from Nikki Beach Residences, is the home of the UAE's first-ever casino which is sure to attract many tourists and visitors to the area.
As of November 2023, residences at Nikki Beach Residences are available for a starting price of AED 2.37M (USD 645K). The exceptional location of Al Marjan Island and the world class amenities offered by Nikki Beach Global will perfectly suit anyone who dreams of living on the coast. Indulge in all of the 5-star services of the complex and immerse yourself in a truly luxury resort experience on Al Marjan Island.
Aldar Properties is offering buyers a convenient 60/40 payment plan, available as of Q4 2023. The final 40% instalment is due after construction is complete in 2028. Once the property is ready, you can start earning a stable passive income by renting it out. The ROI in one-bedroom apartments on Al Marjan Island is 6%, with the average yearly rental price equalling AED 38K (USD 10K).
A major advantage of buying a property at Nikki Beach Residences is that the owner and their family will become eligible for long-term resident status in the UAE. This 10-year visa can be extended as long as the holder remains the owner of the property.