Ras Al Khaimah, United Arab Emirates
Uniestate has confirmed that its waterfront residential development, Playa Viva on Al Marjan Island, Ras Al Khaimah, is on track for handover in the second quarter of 2027. This positions Playa Viva as the first residential project scheduled for completion on the island prior to the opening of the Wynn Al Marjan Island integrated resort. The project has entered its final sales phase following high investor demand.
Delivered as a complete turnkey product, each unit will be fully furnished and equipped with home automation technology from ABB, making residences ready for immediate occupancy or rental upon handover. The development features lifestyle amenities including a swimming pool, health club, steam and sauna facilities, and water features.
International and regional investors account for approximately 85% of purchasers—spanning Europe, Asia-Pacific, the United States, and the wider Middle East—while end-users represent 15%. To support sales, Uniestate recently launched the Playa Viva Experience Centre offering flexible payment options, with plans to release exclusive mortgage structures for non-resident buyers.
Ebrahim AlZaabi, CEO of Uniestate, noted that delivering the only residential project ahead of the Wynn resort opening presents buyers with a strategic opportunity to capture early rental demand as Al Marjan Island enters its next phase of growth.
The development aligns with Ras Al Khaimah’s broader tourism strategy, which registered 1.35 million visitors in 2025 and targets over 3.5 million annual visitors by 2030. The growth will be further accelerated by the 2027 launch of Wynn Al Marjan Island, featuring 1,530 rooms and suites alongside 22 food, beverage, and entertainment venues.
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