Mondrian Phases 1 and 2

Mondrian Phases 1 and 2 is a beachfront residential development by Elevate, situated on Al Marjan Island in Ras Al Khaimah, currently under construction and available for purchase. Spread across two buildings, the project comprises 23 residences ranging from one-bedroom apartments to a five-bedroom penthouse, with asking prices from approximately AED 2.74 million to AED 34 million.

# The two buildings and their position on Al Marjan Island

Al Marjan Island is a purpose-built archipelago extending into the Arabian Gulf, developed over the past two decades as Ras Al Khaimah's primary waterfront address. It occupies a different register to Dubai's busier shoreline: lower density, quieter streets, and a longer horizon.

Mondrian sits directly on the beachfront. The architecture responds to its setting through stacked balconies and extensive glazing, both of which orient the interior spaces towards the water. The two buildings share a single address and a connected set of amenities, functioning as one community rather than two separate schemes.

At 23 units across two buildings, this is a deliberately small release. That scale shapes how the project sits in the market: closer to a boutique residence than a large-scale tower.

# Residences: layouts, sizes and finish

The unit mix runs from one-bedroom apartments at around 800 to 865 square feet through to a five-bedroom residence of 8,582 square feet. Two-bedroom layouts sit between roughly 1,270 and 1,323 square feet; three-bedroom units span a notable range, from approximately 1,733 square feet up to 2,562 square feet, reflecting two distinct product tiers within that bedroom category. Four-bedroom residences reach 5,047 square feet at the upper end.

Kitchens come fitted as standard. The broader specification includes high ceilings, natural stone surfaces, custom cabinetry, and appliances from Miele and Gaggenau. Balconies are a consistent feature across the range, with the larger units offering meaningfully generous outdoor terraces relative to their floor areas.

The furnishing position is kitchen-only, which gives buyers the latitude to appoint the interiors to their own standard rather than working around a developer furniture package.

# Amenities on-site

The amenities list is concise but purposefully assembled for a coastal address. A sky pool and a ground-level pool provide two distinct aquatic settings. The Sky Lounge sits alongside the upper-level pool, creating an elevated social space separate from the beach level.

Fitness provision covers both an indoor gym and an outdoor gym. The Filia Restaurant and Beach Club brings a dining and beach destination directly into the development, which removes the need to leave the address for a quality meal or a beach afternoon.

Service charges are set at AED 25 per square foot annually.

# Al Marjan Island and the wider Ras Al Khaimah context

Ras Al Khaimah International Airport serves the island, and the road network connects directly to Dubai via the Emirates Road corridor, placing central Dubai roughly an hour's drive away depending on traffic. That distance reads differently for residents of Al Marjan than for someone based in, say, Business Bay: the island functions as a destination in its own right rather than a commuter address.

The most significant near-term development in the area is Wynn Al Marjan Island, a large-scale resort and casino project from Wynn Resorts, scheduled to open in 2027. Its arrival is expected to sharpen international attention on Al Marjan considerably, adding a layer of hospitality infrastructure that the island has not previously had.

Ras Al Khaimah's broader geography also distinguishes the emirate from Dubai: the Hajar Mountains are accessible within thirty to forty minutes, and the coastline stretches north with considerably less development pressure than anything closer to Dubai.

# Who this development is built for

Mondrian Phases 1 and 2 occupies a specific gap in the current Dubai-region market. Buyers seeking a branded, beach-fronting residence in a low-density environment, at a price point below what comparable square footage would cost on Palm Jumeirah, will find the proposition straightforward to read. One-bedroom units at AED 2.6 to 2.9 million represent entry into a beachfront branded scheme; the five-bedroom penthouse at AED 34 million competes in a category where the scarcity of inventory is itself part of the value argument.

The project suits buyers for whom the Wynn opening in 2027 is a near-term catalyst, as well as those seeking a second home or income-generating asset in a market that has attracted sustained GCC and European interest over the past three years. The kitchen-only furnishing standard and the small unit count both point towards an owner who intends to specify carefully, rather than a buyer seeking a turnkey investment product.