Premium Studio Apartment | New Icon of Ras Al Khaimah by Lapis Properties

Enjoy elevated coastal living with the Premium Studio Apartment, crafted for those who value style and space. Located on Marjan Island, this studio offers a smartly designed interior that blends comfort with functionality, ideal for professionals and investors.

Spanning 580 sq.ft., the Premium Studio is larger than the standard, offering more room for living, dining, and relaxation while maintaining an affordable entry point into waterfront living.

🔹 Details:

Payment Plan: 75% – 25% (2 years post-handover)

Type: Premium Studio Apartment

Size: Approx. 580 sq.ft.

Starting Price: AED 1.1 Million

Completion / Handover: Upcoming development

🔹 Apartment Details:

• Type: 1 Bedroom Apartment
• Size: Approx. 805 sq.ft.
• Starting Price: AED 1.35 MillionRAK Presentation (1)
• Year Built / Completion: New Icon of RAK – Under development (with handover planned in the coming phases)
• Payment Plan: 75% – 25% (with 2 years post-handover flexibility)

🔹 Lifestyle & Amenities:

• Prime Marjan Island waterfront location
• Open sea views and landscaped surroundings
• Modern interiors with premium finishes
• Community leisure spaces and beachfront living
• Proximity to luxury resorts, retail promenades, and entertainment zones

🔹 Why Invest in Ras Al Khaimah?

• 100% foreign ownership
• 0% personal tax and 0–9% corporate tax
• Long-term residency options through investment
• Thriving hospitality & tourism market with strong returns
• One of the UAE’s most naturally beautiful and fast-growing emirates