Palazzo Tissoli on Al Marjan Island, Ras Al Khaimah

Palazzo Tissoli is located on Al Marjan Island in the emirate of Ras Al Khaimah and is being developed in collaboration with the Italian company Pininfarina. The developer is marketing fully furnished studios and one-bedroom apartments aimed at those who want to live by the sea.

The designer's touch is evident from the moment you enter: floor-to-ceiling stained glass windows, soft lines on the façade and wide terraces allow maximum daylight to enter. The Italian school of design is also evident in the finishes of the properties at Palazzo Tissoli: stone, wood, thoughtful lighting and tactile materials. Smart home technology allows you to control the climate, lighting and curtains from your smartphone.

The architecture and interiors of this property in Ras Al Khaimah deserve special attention. The project is distinguished by high ceilings, panoramic windows and a logical division of space: the studios have a clear zoning with a full-fledged mini-kitchen and a place to relax, while the one-bedroom apartments at Palazzo Tissoli have a private bedroom, living room and kitchen-dining room opening onto a terrace. The bathrooms are finished in light stone with an emphasis on texture and detail, from the taps to the mirror lighting.

Studios at Palazzo Tissoli start at 470 sqft (44 m²), with a starting price of 1 100 000 AED (299 500 $). One-bedroom apartments at Palazzo Tissoli start at 1000 sqft (93 m²) with prices starting at 2 300 000 AED (626 300 $). For buyers of these apartments on Al Marjan Island, there is a 70/30 interest-free instalment plan with a 20% down payment. It is also important to note that a specific date has been set for the completion of this property in Ras Al Khaimah — Q1 2028.

The infrastructure of the Palazzo Tissoli on Al Marjan Island is designed as an extension of the island's resort concept. The courtyard and terraces feature an infinity pool with lounges for relaxation, and nearby there is a fully equipped fitness centre, spa and wellness centre, and children's playground. Residents of the apartments at Palazzo Tissoli will have access to the island's private beach. The reception desk has a 24-hour concierge and security service, while the lower levels feature boutiques and restaurants, and landscaped gardens and quiet courtyards create intimate spaces for relaxation.

The location adds to the project's popularity. Al Marjan Island is a large resort area with promenades, walking areas and international brand hotels. The island is connected to the mainland by the emirate's main road network (including access to the E311). From here, it is less than an hour's drive to Dubai International Airport and about 45 minutes to Ras Al Khaimah Airport. Within a short drive are the Al Hamra Mall shopping and entertainment centre with brand boutiques, marinas and beach clubs.

Al Marjan Island already has a basic social infrastructure in place. A multi-speciality clinic, Saudi German Hospital, is planned for the island. The nearest major medical centres are RAK Hospital, Saqr Hospital and Al Arabi Hospital. There are international schools on the mainland, including RAK Academy Al Hamra. Schools and hospitals can be reached in 15-20 minutes by car.

The Emirate of Ras Al Khaimah has officially reported a record year for tourism: revenue growth, an increase in visitor numbers and the ambition to attract more than 3.5 million tourists by 2030 are creating a steady demand for rental apartments by the sea. An additional bonus will be provided by the integrated Wynn Al Marjan Island resort, which is scheduled to open in early 2027. It will be a large development with 1,542 hotel rooms, restaurants, retail outlets, conference facilities and a gaming area. The project has received the first commercial gaming operator licence in the UAE, which will directly increase tourist traffic and international interest in Al Marjan Island. For investors in property in Ras Al Khaimah, this means not only the prospect of price growth, but also more stable occupancy rates for short-term rentals — and therefore a more predictable return on investment for properties on Al Marjan Island.

On Al Marjan Island, typical returns (ROI) on apartments are currently estimated at 7-9% per annum from rental income. With the steady rise in prices for apartments on Al Marjan Island, the total return over several years could reach 15-20% and above, depending on the location, quality of the project and tourist traffic.

Frequently Asked Questions of Palazzo Tissoli