The Luxe in Al Marjan Island
83 priced unit records across 2 The Luxe off-plan projects in Al Marjan Island, Ras Al Khaimah. The median asking price is AED 3,208,646 for a median 1,182 sqft, which is AED 2,480 per sqft. The middle half of the book runs AED 2,537,736 to AED 3,722,077.
That rate is 18% below the Al Marjan Island median of AED 3,039 per sqft, on 5.3% of the priced records this address publishes. 6 of the 7 other builders benchmarked here ask more per square foot. Against The Luxe across the UAE, at AED 2,480 per sqft, this address is 0% dearer.
What The Luxe asks here
| Universe | Records | Median price | Median sqft | AED/sqft |
|---|---|---|---|---|
| The Luxe in Al Marjan Island | 83 | AED 3.21M | 1,182 | 2,480 |
| Every builder in Al Marjan Island | 1,552 | AED 3.59M | 1,161 | 3,039 |
| The Luxe across the UAE | 83 | AED 3.21M | 1,182 | 2,480 |
| Every project in Ras Al Khaimah | 2,429 | AED 2.73M | 1,016 | 2,721 |
Each row is a median over unit records carrying both a price and a floor area, so a scheme publishing 400 rows weighs 400 times. A builder can sit above a community rate purely on product mix, which is why the bedroom and type splits below matter more than the headline.
The other builders in Al Marjan Island
| Developer | Records | Projects | Median price | Median sqft | AED/sqft | vs The Luxe |
|---|---|---|---|---|---|---|
| The Luxe | 83 | 2 | AED 3.21M | 1,182 | 2,480 | this page |
| Ellington | 30 | 3 | AED 4.26M | 1,272 | 3,324 | +34% |
| WOW Resorts | 44 | 3 | AED 4.13M | 1,118 | 3,174 | +28% |
| Durar | 47 | 4 | AED 2.22M | 691 | 3,130 | +26% |
| BNW | 406 | 9 | AED 4.71M | 1,214 | 3,115 | +26% |
| Aldar | 27 | 2 | AED 12.9M | 3,620 | 2,926 | +18% |
| Major | 110 | 3 | AED 1.93M | 824 | 2,804 | +13% |
| Range | 52 | 4 | AED 2.00M | 950 | 2,361 | -5% |
Every builder at this address carrying 25 or more priced records across two or more projects. The rate column is not a like for like comparison of finish or floor plan, and a cheaper name may simply be selling smaller units further from the water.
By bedroom count
| Bedrooms | Records | Median price | Median sqft | AED/sqft |
|---|---|---|---|---|
| 1 BR | 39 | AED 2.53M | 1,056 | 2,377 |
| 2 BR | 30 | AED 3.62M | 1,334 | 2,699 |
| 3 BR | 11 | AED 4.80M | 1,743 | 2,754 |
Rungs with fewer than 10 priced records are held back. A linked rung opens the same bedroom count across every builder in Al Marjan Island, which is the fair way to read whether this one is asking a premium for the room.
The The Luxe projects in Al Marjan Island
| Project | Records | Median price | Median sqft | AED/sqft | Handover | Status |
|---|---|---|---|---|---|---|
| La Mazzoni | 82 | AED 3.23M | 1,183 | 2,482 | Q4 2028 | On sale |
| Oceano | 1 | AED 2.07M | 938 | 2,209 | Q2 2026 | Sold out |
Up to 30 projects, largest published book first. 50% of the 2 schemes carrying a sale status are already marked sold out, so the prices above are a record of what was asked rather than a live availability list.
Terms on these projects
Plans are counted once per project and only where the published stages sum to between 90 and 110 percent. Model one against a real ticket in the payment plan calculator.
Questions buyers ask
Across 83 priced unit records in 2 projects, the median asking price is AED 3,208,646 for a median 1,182 sqft, or AED 2,480 per sqft. The middle half of the book runs AED 2,537,736 to AED 3,722,077.
On the rate it asks AED 2,480 per sqft against AED 3,039 for Al Marjan Island as a whole, 18% below it. The Luxe carries 5.3% of the priced records this address publishes.
7 other builders are deep enough here to benchmark: Ellington at AED 3,324 per sqft, WOW Resorts at AED 3,174 per sqft, Durar at AED 3,130 per sqft, BNW at AED 3,115 per sqft, Aldar at AED 2,926 per sqft, Major at AED 2,804 per sqft. 6 of them ask more per square foot.
Across 2 published plans from these projects the median booking deposit is 5%, with 70% due before handover and 0% of plans carrying a post-handover tail.
The same address across every builder is on the Al Marjan Island page, and this builder across every address is on the The Luxe page. Its largest product here is Apartment, at AED 2,480 per sqft. Why a builder's own average travels badly between addresses: a developer premium does not travel. Why a community median rarely describes the product a buyer came for: the community median is priced for the flat next door.
The full report: every community, every developer, ranked.
The Luxe in Al Marjan Island in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
Aggregates computed by OffplanIndex from developer-published inventories, 83 priced records observed to 2026-07-30. Asking prices, not transactions. Not investment advice.