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:
- 10-year Golden Visa: Available with an investment of 2 million AED.
- Attractive Taxation: Benefit from 0% income and property tax.
- Proximity to WYNN Resort: Just 5 minutes from the first Wynn Resort in the Middle East.
- Direct Beachfront Access: Opportunity to own residences on an exceptional stretch of beachfront.
- Easy Accessibility: Only 45 minutes from Dubai International Airport.
- 100% Business Ownership: Full ownership of your business.
- High-Yield Opportunities: Potential rental yields above 9% due to saturation in Dubai’s beachfront areas.
- Emerging Market: Strong growth with a 35% increase in apartment capital values last year.
- High Hotel Occupancy Rates: Expected to reach peak levels by 2027, increasing demand for residential products.
- Tourist Influx: 3–3.5 million tourists expected by 2030, projected to boost rental yields and capital values.
- Strong Regulatory Framework: Regulations that ensure buyer protection and project completion.
- Branded Residences: Higher returns with price premiums driven by quality, prestige, and superior services.
Payment Plan
- Down Payment (Immediate): 158,458.00 USD (Payable to Turesta)
- March 2025: 51,693.00 USD (Payable to DarGlobal)
- June 2025: 51,693.00 USD (Payable to DarGlobal)
- Upon Completion of the 6th Floor Structure: 51,693.00 USD (Payable to DarGlobal)
- Upon Completion of the 12th Floor Structure: 51,693.00 USD (Payable to DarGlobal)
- Upon Completion of the Structural Framework (Top Out): 51,693.00 USD (Payable to DarGlobal)
- Upon Completion of the External Facade: 51,693.00 USD (Payable to DarGlobal)
- Handover (100% Completion): 103,384.00 USD (Payable to DarGlobal)
Total Purchase Price: 572,000.00 USD