Playa Viva

Waterfront apartments on the resort island of Al Marjan in Ras Al Khaimah. Post-handover 59% for 5 years until Q1 2031! Only 2.3 km from the first casino Wynn in the UAE, set to open in 2027. After 2027, property prices are expected to rise by 10%, rental income by 15%.

Playa Viva — Location

Playa Viva is located on Al Marjan Island (Al Marjan Island), Ras Al Khaimah, UAE. The project presents a unique investment opportunity for those interested in earning income from rental or resale properties.

Al Marjan is one of the most promising investment areas in Ras Al Khaimah, actively developing its infrastructure, making it attractive for renters and buyers.

Currently, the main driver of real estate price growth on the island is the Wynn Casino resort, which is scheduled to open on the island in 2027. With the opening of the first Wynn casino on Al Marjan Island, property prices are expected to rise by 10-20% in the first few years. Demand for housing will increase due to a higher tourist flow and business activity. Rental prices may rise by 15-25%, especially for short-term rentals, with a potential increase in profitability of 20-30% due to the area's high appeal to tourists and businesspeople.

Moreover, the area is known for its scenic beaches and luxury resorts, creating a high demand for rentals in the region. In 2023, rental yields for new waterfront apartments in Al Marjan reached 7-8%, with property prices rising by 5-7% annually. This trend is expected to continue in 2024-2025, making the area even more attractive to investors seeking stable income.

Playa Viva is surrounded by a well-developed infrastructure. Al Hamra Mall is about 10 km from the project. Dubai International Airport is 85 km away, while Ras Al Khaimah International Airport is just 25 km. The National Museum of Ras Al Khaimah and Al Nakheel Square can be reached within 20-30 minutes by car. The first Wynn Casino Resort in the UAE is located 2.3 km from the project.

5 mins Wynn Al Marjan Island

10 mins Al Hamra Mall

27 mins Ras Al Khaimah International Airport

1 hour Dubai International Airport (DXB)

1.5 hours Al Maktoum International (DWC)

Playa Viva — Floor Plans

Studios Number of bedrooms
Apartments Number of bedrooms

Studio

850,000 AED

Studio
    Bathrooms 1 Total area 245 sqft

    1 bedroom apartment

    1,800,000 AED

    1 bedroom apartment
      Bathrooms 1 Total area 501 sqft

      2 bedroom apartment

      3,000,000 AED

      2 bedroom apartment
        Bathrooms 2 Total area 861 sqft

        3 bedroom apartment

        4,600,000 AED

        3 bedroom apartment
          Bathrooms 4 Total area 1233 sqft

          Playa Viva — Payment Plan

          • 20% 01

            Down payment

          • 20% 02

            During construction

          • 1% 03

            On handover in Q1 2026

          • 59% 04

            Post-handover for 5 years until Q1 2031

          Buy property at the developer prices

          0%

          our commission

          Amenities

          • Equipped pool
          • Sports courts
          • BBQ area
          • Fine dining restaurants
          • Outdoor cafe
          • Watersports
          • Gym
          • Spa & yoga
          • Coffee shop
          • Outdoor cinema
          • Shops
          • Beauty salon
          • Supermarket
          • Luxury finishing and equipment

            Luxury finishing and equipment

            Each apartment at Playa Viva is finished using high-quality materials, including modern finishes and built-in kitchens. All apartments are equipped with smart home systems. Bedrooms, living rooms, and kitchens are designed in neutral tones with elements that create an atmosphere of calm and comfort. Large windows allow maximum natural light and offer stunning sea views.

          • 12+ amenities

            12+ amenities

            Playa Viva offers residents full infrastructure for comfortable living and recreation, including a luxurious spa, gym, tennis and volleyball courts, as well as BBQ areas for outdoor parties. For leisure, there are outdoor cafes and restaurants, as well as an open-air cinema. All necessary amenities are within walking distance — supermarkets, beauty salons, shops, and wellness centers.

          • Unique opportunities for watersports

            Unique opportunities for watersports

            Playa Viva is located in one of the most scenic areas on Al Marjan Island's coastline, where various watersports are available. For active leisure enthusiasts, there are special areas for watersports such as jet surfing and paddleboarding. Clean sandy beaches and crystal-clear water make this place perfect for water sports lovers.

          • Post-handover for 5 years

            Post-handover for 5 years

            Playa Viva offers favorable installment terms with post-payment for 5 years! The down payment is 20%. During construction, an additional 20% is due. When the property is handed over in Q1 2026, 1% is payable. The remaining 59% can be paid over 5 years after the property is handed over, until Q1 2031.

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          FAQs

          Prices for studios start from AED 850,000, 1-bedroom apartments from AED 1,800,000, 2-bedroom apartments from AED 3,000,000, and 3-bedroom apartments from AED 4,600,000. These prices are as of April 25, 2025. For the latest information, please consult Everhomes experts.

          Studios range from 245 to 615 sq. ft. (22.7 to 57.1 m²). 1-bedroom apartments range from 501 to 809 sq. ft. (46.5 to 75.2 m²). 2-bedroom apartments range from 861 to 1,154 sq. ft. (80 to 107.3 m²), and 3-bedroom apartments range from 1,233 to 1,650 sq. ft. (114.5 to 153.3 m²).

          Playa Viva is located in the prestigious Al Marjan area of Ras Al Khaimah. Investors can expect steady rental income, both long-term and short-term, as well as property value growth, especially after the opening of the first Wynn casino in 2027.

          Dubai International Airport and Al Maktoum International Airport can be reached in 1.5-2 hours, as the distance is approximately 90-100 km.

          Playa Viva is expected to be completed in Q1 2026.

          The payment plan for Playa Viva includes a 20% down payment, 20% during construction, and 1% on handover in Q1 2026. The remaining 59% can be paid over 5 years after handover.

          Playa Viva stands out from other coastal projects with its unique architecture, sea views, and modern smart technologies in every apartment. Unlike many other complexes, this project offers over 12 amenities, including a spa, outdoor cinema, sports zones, and restaurants.

          Yes, properties in Playa Viva are profitable to resell, especially after construction is completed and property prices rise due to the opening of the Wynn casino and the development of the Al Marjan area.

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