BNW Pelagia

Pelagia by BNW Developments is a luxury waterfront residential project on Al Marjan Island in Ras Al Khaimah, offering 158 residential apartments across 1, 2, 3 and 4-bedroom configurations including penthouse units, plus 2 retail units. The 13-storey building is inspired by ancient Indian Vastu principles and features wave-inspired facades, curved balconies, a rooftop infinity pool, and a full suite of resort-style amenities. It is positioned directly on the island with panoramic uninterrupted Arabian Gulf views from every unit.

The one-bedroom apartments range from 854 to 1,405 sqft with a starting price of AED 2,300,000. The two-bedroom apartments range from 1,211 to 3,602 sqft starting from AED 3,300,000. The three-bedroom apartments range from 2,381 to 4,014 sqft starting from AED 6,200,000. The four-bedroom penthouses are the largest units at 5,132 to 5,747 sqft and are priced on request. All units come with dedicated parking and smart home technology.

Pelagia offers a straightforward 50/50 payment plan. You pay 10% on booking to secure your unit, 40% in staged instalments during the construction period, and the remaining 50% on handover in Q4 2027. This structure makes it accessible for buyers to enter a premium Al Marjan Island waterfront project without requiring the full payment upfront, with no interest charged on the instalment schedule.

Al Marjan Island property values rose 20 to 35% in 2024 alone, with AI-based projections indicating up to 58% ROI over five years for premium RAK properties. The primary catalyst is the Wynn Al Marjan Island Resort, the UAE's first integrated gaming and entertainment resort, which is expected to attract over 10 million visitors annually. Pelagia's Q4 2027 handover aligns with this opening period, positioning buyers for maximum capital appreciation at the point of delivery.

Yes. Pelagia is exceptionally well-suited for short-term holiday rental investment. Al Marjan Island's growing tourism infrastructure, proximity to the Wynn Resort, and beachfront lifestyle credentials drive strong Airbnb and holiday rental demand. The rooftop infinity pool, kids amenities, smart home technology, and panoramic Gulf views are all premium features that command above-average nightly rates. Gross yields of 7% to 10% on the island put Pelagia among the highest-yielding waterfront assets in the Northern UAE.

Residents of BNW Pelagia will enjoy a curated collection of world-class amenities including a rooftop infinity pool with panoramic Arabian Gulf views, a scenic rooftop pool bar, ground floor swimming pool, kids pool with splashpad, intimate jacuzzi, upscale gymnasium, rejuvenating steam room and sauna, peaceful yoga deck, soothing zen corner, gourmet BBQ area, indoor and outdoor kids play areas, water features and landscaped gardens, smart home system throughout, sophisticated drop-off area, 24/7 security, and ground-level retail units.

Yes. All units at BNW Pelagia above AED 2 million qualify for the UAE 10-Year Golden Visa, securing residency for the buyer and their family. This makes Pelagia an excellent choice for investors seeking long-term residency benefits alongside a premium waterfront property investment.