
Playa Del Sol
Al Marjan Island, Treasure Island • by Ellington Properties
Starting Price
Payment Plan
60/40 (Milestone-based)
Handover
Q4 2027
Why Invest Here?
The Gaming Proxy Strategy
Al Marjan Island is currently the most strategic land bank in the UAE. The macro thesis relies on the transition from a local tourism spot to a global gaming hub. This asset sits four minutes from the upcoming Wynn Resort. We view this project as a direct play on the anticipated 'Wynn Effect' on land values. Infrastructure shifts in Treasure Island are creating a supply-demand gap for high-quality boutique residences. Our analysis identifies the private yacht jetty as a significant liquidity driver. Maritime access is rare for mid-rise residential blocks. Ellington maintains a track record of secondary market premiums over volume developers. The low-density configuration—only 14 floors—ensures better long-term asset preservation. We expect higher tenant retention due to the superior fit-out quality compared to neighboring stock.
If you require immediate rental yields, pass on this. Capital will remain illiquid during the multi-year construction cycle. Ras Al Khaimah is an emerging market. It lacks the decades of transactional data found in Dubai. Investors must be comfortable with the speculative nature of a new gaming jurisdiction. This is not a safe-haven play for conservative income seekers. Our verdict is a definitive 'Buy' for capital appreciation. We recommend focusing on the one and two-bedroom units. These layouts align with the projected housing needs of resort executives and professional operators. The entry price per square foot remains attractive relative to Dubai waterfront prices. To run the exact ROI projections for your specific budget, request a strategy session below.
Masterplan & Layout

Location & Connectivity
4 Min
Wynn Resort
9 Min
RAK Central
10 Min
Al Hamra Golf Club
60 Min
Dubai International Airport
World-Class Amenities
Floor Plans
Available Now
Limited Availability
Register Interest
Download brochure & floor plans.
*Estimates only. Service charges vary by project.
Note: Pre-launch units sell out fast. Pre-Registering ensures you get first choice of layout.