BNW Aqua Maya

Aqua Maya by BNW Developments is a boutique ocean-facing residential development on Al Marjan Island in Ras Al Khaimah, comprising 99 exclusive residences across two elegant towers rising 2 Basement + Ground + 9 Floors + Roof on a 120,800 sqft community plot. Launched on 2 October 2025 as BNW's sixth project on Al Marjan Island, Aqua Maya blends the peaceful motion of the ocean with soulful luxury and precision design. The wave-inspired balcony facade mirrors the rhythmic movement of the Arabian Gulf, while evening lighting emphasises the sculptural softness of the architecture. Residences feature open-plan layouts, cross-ventilation, natural lighting, floor-to-ceiling windows, warm earthy tones, soundproofed interiors, humidity-controlled cooling, and thermostat-controlled bedrooms. Penthouse units offer private pools. The development includes a world-class cafe, mini theatre, and clubhouse alongside resort-style outdoor amenities.

• Unit Types: 1BR, 2BR Apartments, 3BR and 4BR Penthouses with Private Pools

• Starting Price: AED 1,780,000

• Payment Plan: 50/50 with 10% Booking, 40% During Construction, 50% On Handover

• Handover: Q4 2027

• Total Units: 99 Residences + 1 Retail Unit

• Building Configuration: 2 Basement + Ground + 9 Floors + Roof, Twin Towers

• Land Area: 120,800 Sqft

• Design: Wave-Inspired Facade, Earthy Tones, Rhythmic Balconies, Coastal Silhouette

• Interior Finishes: Open-Plan, Floor-to-Ceiling Windows, Soundproofed Walls, Humidity-Controlled Cooling, Thermostat per Bedroom

• Special Features: World-Class Cafe, Mini Theatre, Clubhouse, Penthouse Private Pools

• BNW's sixth Al Marjan Island project, reflecting deep developer expertise and confidence in the corridor

• Wave-inspired architecture with world-class cafe, mini theatre, and clubhouse, setting it apart from standard island developments

• Only 3 penthouse units with private pools across the entire development, ensuring extreme scarcity at the premium end

• 5 to 10 minutes from Wynn Al Marjan Island Resort, UAE's first integrated gaming resort projected to attract 10M plus visitors annually

• Projected gross rental yields of 7% to 9%, with boutique design premium above standard island product

• Al Marjan Island property values rising 30% annually with 20 to 30% uplift projected from entry to Q4 2027 completion

• Flexible 50/50 payment plan with quarterly 5% instalments during construction, 50% only at handover

• All units above AED 2M qualify for UAE 10-Year Golden Visa, securing residency for buyer and family

• Soundproofed interiors, humidity-controlled cooling, and thermostat per bedroom for superior quality of living

• Freehold ownership, 100% foreign ownership permitted, zero income tax and zero capital gains tax

• Al Marjan Island Boulevard 5 Minutes Away

• Wynn Al Marjan Island Resort 5 to 10 Minutes Drive

• DoubleTree by Hilton within 5 Minutes

• Al Hamra Village and Marina 10 Minutes Drive

• Al Hamra Mall 10 Minutes Away

• Al Hamra Golf Club 13 Minutes Drive

• Waldorf Astoria Hotel 11 Minutes Away

• Cosmo Health Center 20 Minutes Drive

• Manar Mall 15 Minutes Away

• Ras Al Khaimah International Airport 35 Minutes

• Dubai International Airport 50 to 60 Minutes via Sheikh Mohammed Bin Zayed Road

Aqua Maya features a comprehensive resort-style amenity suite designed around wellness, family living, social connection and coastal leisure, all within a thoughtfully curated low-density twin-tower community of 99 residences with a human-centric design philosophy.

• Infinity Swimming Pool with Sunlit Deck

• Multi-Purpose Pool Deck and Poolside Lounge

• World-Class Cafe

• Mini Theatre

• Clubhouse

• State-of-the-Art Gymnasium

• Wellness and Fitness Zones

• Outdoor BBQ Area

• Family Seating Decks

• Kids Play Pavilion

• Landscaped Podium Gardens and Shady Courtyards

• Open Terraces with Sea Views

• Smart Entry System

• Soundproofed Interiors

• Humidity-Controlled Cooling Throughout

• EV Charging Stations in Basement Parking

• 24/7 Security

• Ground Floor Retail Outlet

• 1BR Apartment - Size: 678 to 1,017 Sqft, G+9, 1 Bedroom, 1-2 Bathrooms, Parking: 1 Space, Price AED 1,780,000

• 2BR Apartment - Size: 1,031 to 1,628 Sqft, G+9, 2 Bedrooms, 2-3 Bathrooms, Parking: 1 Space, Price AED 2,750,000

• 3BR Penthouse - Size: 2,476 to 3,821 Sqft, Roof Level, 3 Bedrooms, 3-4 Bathrooms, Private Pool, Parking: 2 Spaces, Price AED 6,380,000

• 4BR Penthouse - Size: 5,079 to 5,122 Sqft, Roof Level, 4 Bedrooms, 4-5 Bathrooms, Private Pool, Parking: 2 Spaces, Price AED 11,000,000

• Payment Plan: 50/50

• On Booking: 10%

• During Construction: 40% in equal 5% instalments every quarter over 20 months

• On Handover: 50% (Q4 2027)

Market Snapshot

Al Marjan Island is experiencing record growth, with property values rising 30% annually as of 2025 driven by the Wynn Resort effect and RAK's USD 10 billion tourism investment plan targeting 3.2 million visitors by 2030. BNW Developments launched Aqua Maya as its sixth Al Marjan Island project in September 2025, reflecting strong developer confidence in the corridor. With only 99 units across two towers on a 120,800 sqft plot, Aqua Maya offers boutique scarcity in a rapidly maturing market.

Rental Yield

Al Marjan Island waterfront residences are generating gross rental yields of 7% to 9% as of Q1 2026, supported by 80% plus occupancy driven by tourism, resort visitors, and corporate demand. Aqua Maya's wave-inspired design, mini theatre, world-class cafe, and clubhouse position it above standard island product for short-term rental premiums. Annual gross rental projections are estimated at AED 110,000 to AED 147,000 for 1BR units based on current island occupancy data.

Capital Appreciation

Buyers entering Aqua Maya at pre-completion stage are projected to see 20 to 30% value uplift by the time construction completes at Q4 2027, based on current Al Marjan Island price trajectory. The Wynn Resort opening coinciding with handover is the primary demand catalyst. Penthouse units with private pools represent the most scarce product on the island, with only 3 available across the entire development, giving strong re-rating potential on completion.

Price Per Sqft Value

At AED 1,780,000 starting for a fully designed 1BR with floor-to-ceiling windows, soundproofed interiors, and humidity-controlled cooling on Al Marjan Island, Aqua Maya offers compelling value versus comparable product in Dubai Marina or Palm Jumeirah at significantly higher price per sqft. The 50/50 structure with quarterly 5% instalments during construction reduces upfront capital deployment and maximises return on equity.

Key Risk to Note

The 50% balloon payment at Q4 2027 handover requires mortgage pre-planning from mid-2026. With 99 units, secondary market liquidity is moderate. A minimum 2 to 4 year hold post-handover is recommended for optimal capital returns. UAE residents access up to 80% LTV mortgages, non-residents up to 50% LTV.

Q1. What makes Aqua Maya unique on Al Marjan Island?

Aqua Maya is BNW's sixth Al Marjan Island project and one of the only developments on the island with a wave-inspired balcony facade, mini theatre, world-class cafe, and clubhouse alongside standard amenities. Only 3 penthouse units with private pools exist across the entire development, creating extreme scarcity at the top end.

Q2. How do I handle the 50% payment at handover in Q4 2027?

Start mortgage pre-approval by mid-2026. UAE residents access up to 80% LTV, non-residents up to 50% LTV. During construction you pay only 40% in manageable quarterly 5% instalments, giving comfortable time to plan the handover balance.

Q3. Will property values on Al Marjan Island appreciate?

Yes. Al Marjan Island property values are rising 30% annually with 20 to 30% uplift projected from entry to completion at Q4 2027. The Wynn Resort opening coincides with handover and is expected to be the single largest demand catalyst for the island.

Q4. What rental income can I expect after handover?

Gross yields on Al Marjan Island are tracking 7% to 9% as of Q1 2026. On a 1BR at AED 1,780,000 that is roughly AED 124,600 to AED 160,200 annually. Penthouse units with private pools command significantly higher premiums in the short-term rental market.

Q5. Who is BNW Developments?

BNW Developments is RAK's single largest private developer, co-founded by Dr. Ankur Aggarwal (Chairman) and Dr. Vivek Anand Oberoi (Managing Director), with AED 15 billion in assets under management and Aqua Maya being their sixth project on Al Marjan Island.