1. What is Mondrian Residences in Ras Al Khaimah?

Mondrian Residences is a luxury branded beachfront residential development located on Al Marjan Island, offering hotel-style living with premium sea views and resort facilities.

2. Who is the developer of Mondrian Residences?

The project is developed by Elevate Developments in collaboration with global hospitality brand Mondrian under Ennismore/Accor lifestyle group.

3. Where is Mondrian Residences located?

It is located on Al Marjan Island in Ras Al Khaimah, a prime beachfront destination close to the upcoming Wynn Resort.

4. What types of units are available in Mondrian Residences?

The project offers:

• 1-bedroom apartments

• 2-bedroom apartments

• 3-bedroom apartments

• Townhouses

• Duplexes

• Penthouses and sky villas

5. What are the unit sizes in Mondrian Residences?

Unit sizes range from approximately 799 sq. ft. to over 8,500 sq. ft., depending on the unit type.

6. Is Mondrian Residences a branded residence?

Yes, it is a branded development under the Mondrian hospitality brand operated by Ennismore/Accor group.

7. What is the starting price of Mondrian Residences?

Prices start from approximately AED 2.5M – AED 2.7M depending on unit type and availability.

8. What is the payment plan for Mondrian Residences?

The typical payment structure is:

• 20% down payment

• 40% during construction

• 40% on handover

9. What is the expected handover date?

The project is expected to be completed around Q4 2028.

10. Does Mondrian Residences offer beach access?

Yes, it offers direct private beach access for residents.

11. What amenities are available in Mondrian Residences?

Amenities include:

• Infinity pools

• Beach club

• Fitness & wellness facilities

• Spa and recovery zones

• Rooftop lounges

• Concierge services

12. Is Mondrian Residences freehold?

Yes, the project is freehold, allowing full foreign ownership.

13. Is Mondrian Residences a good investment?

Yes, due to its branded status, beachfront location, and proximity to Wynn Resort, it has strong potential for rental yield and capital appreciation.

14. Is Mondrian Residences suitable for end-users or investors?

It is suitable for both:

• End-users seeking luxury beachfront living

• Investors targeting high-end rental income

15. What makes Mondrian Residences unique in Al Marjan Island?

It combines branded hospitality living, architectural design by Gensler, and resort-style services in a prime tourism destination.

16. What are the risks of investing in Mondrian Residences?

Main considerations include high entry price and dependency on future tourism growth in Ras Al Khaimah.

17. Will property prices in Al Marjan Island increase?

Yes, growth is expected due to major developments like Wynn Resort which is significantly boosting demand.