Astera: Luxury Beach Residences on Al Marjan Island

Welcome to The Astera, an exclusive collection of beach residences and villas with interiors designed by the iconic Aston Martin. Nestled on the serene Al Marjan Island in Ras Al Khaimah, this development offers a unique blend of luxury, comfort, and investment potential.

Property Highlights:

• Property Type: Beach Residences and Villas
• Status: Under Development
• Expected Completion Date: December 2028
• Units Available: 1 to 3-bedroom residences & 3-bedroom beach villas
• Area Range: 61 to 265 sqm

Unmatched Design and Amenities:

Each seafront residence at The Astera is a masterpiece, reflecting Aston Martin's commitment to precision and beauty. Residents will enjoy direct beach access and a host of premium amenities, including:

• 24/7 Security
• Fitness Center
• Spa and Infinity Pool
• Sauna and Pool Bar
• Indoor Cinema
• Yoga Lawn
• Multipurpose Hall
• Kids Play Area

Why Invest in The Astera?

Ras Al Khaimah, the fourth-largest emirate in the UAE, is rapidly becoming a hotspot for international investors. Al Marjan Island, in particular, offers luxurious amenities, breathtaking ocean views, and a resort-style community. Here are compelling reasons to invest:

1. 10-year Golden Visa: Available with an investment of 2 million AED.
2. Attractive Taxation: Benefit from 0% income and property tax.
3. Proximity to WYNN Resort: Just 5 minutes from the first Wynn Resort in the Middle East.
4. Direct Beachfront Access: Enjoy stunning beachfront residences.
5. Convenient Location: Only 45 minutes from Dubai International Airport.
6. 100% Business Ownership: Full ownership of your business.
7. High-Yield Opportunities: Potential yields beyond 9% due to saturation in Dubai beachfront locations.
8. Emerging Market: Significant growth with a 35% increase in apartment capital values last year.
9. High Hotel Occupancy Rates: Projected peak by 2027, indicating high demand for residential products.
10. Tourist Influx: Expected to attract 3-3.5 million tourists by 2030, boosting rental yields and capital values.
11. Strong Regulatory Framework: Ensures buyer protection and project completion.
12. Branded Residences: Higher returns with price premiums due to quality, prestige, and superior services.
     

Service charge: 18-20 AED/Sq Ft

Payment Plan

• Down Payment (Immediate):
  1,082,545 AED, payable to Turesta.
• Upon Reaching 6th Floor (Structure):
  206,199 AED, payable to DarGlobal.
• Upon Reaching 12th Floor (Structure):
  206,199 AED, payable to DarGlobal.
• Upon Completion of Structure:
  206,199 AED, payable to DarGlobal.
• Upon Completion of Exterior Cladding:
  206,199 AED, payable to DarGlobal.
• Upon 100% Completion:
  412,398 AED, payable to DarGlobal.

Total purchase price: 2,319,739 AED (634,237 USD)