The Views by Ardee
ARDEE DOWNTOWN, AL MARJAN ISLAND, RAS AL KHAIMAHEarly access to Ardee Downtown on Al Marjan Island, beside the future Wynn resort. Studios from AED 888K, completion Q4 2029 and a 40/10/50 plan with post-handover terms.
01 — Developer
Ardee is a destination developer focused on premium integrated communities in the UAE. Founded on the journey of Romeo Abdo, whose career spans telecoms, banking, insurance and real estate since 1998, Ardee is building a portfolio valued at over AED 15 billion across 5.2 million square feet on Al Marjan Island. Its leadership team brings decades of experience from Emaar, Meraas, Nakheel, Omniyat and Majid Al Futtaim, and works with global partners including Accor and Pelli Clarke & Partners. As a newer developer, Ardee does not yet have a completed project track record, which I always point out to my clients.
02 — Location
Al Marjan Island is a 2.7 million square metre reclaimed island with 7.8 kilometres of beachfront, located in Ras Al Khaimah, about 45 minutes from Dubai. The island is home to the upcoming Wynn Al Marjan Island, scheduled to open in 2027. Around 8,500 hotel rooms are planned on the island, while Wynn’s own analysis points to a shortage of more than 25,000 rooms. Ras Al Khaimah holds an A+ rating from Fitch and an A rating from S&P, welcomed 1.35 million visitors in 2025 and targets 5 million by 2030.
03 — Project Description
The Views is the first residential release within Ardee Downtown, which is planned as the emirate’s first family-oriented downtown district. The master community includes over 4,000 residences, a 600,000 square foot mall, 350 luxury hotel keys, more than 50 dining outlets and a one-kilometre promenade with a central fountain show. The Views consists of two towers framed around a landscaped podium, with generous balconies and townhouses opening onto the pool deck. Interiors are finished in a calm palette of limestone-look porcelain, oak and soft greige. Completion is expected in Q4 2029.
What makes this project stand out for investors is the payment plan: 40% during construction, 10% on completion and 50% spread quarterly over three years after handover. This allows rental income to contribute to the remaining payments once the property is complete.
04 — Prices & Unit Sizes
Unit Type Residences Starting Price Size incl. Balcony
Studio 272 AED 888,000 368 to 386 sq.ft.
1 Bedroom 288 AED 1,300,000 666 to 837 sq.ft.
2 Bedroom 56 AED 2,085,000 1,028 to 1,082 sq.ft.
Payment plan: 40/10/50 with three years post-handover.
Expression of Interest: AED 30,000 for studios, 1 and 2 bedrooms.