--- title: "Pelagia by BNW Developments" canonical: https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island/pelagia markdown: https://www.uaepropertyagents.com/md/ras-al-khaimah/al-marjan-island/pelagia.md type: development description: "A single building of 158 apartments on Al Marjan Island by BNW Developments, due Q4 2027. Mostly one-bedroom homes from AED 2.3 million, with half the price payable on completion." last_verified: 2026-11-13 sources: 4 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Pelagia by BNW Developments > A single building of 158 apartments on Al Marjan Island by BNW Developments, due Q4 2027. Mostly one-bedroom homes from AED 2.3 million, with half the price payable on completion. Facts last verified 13 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Developer | [BNW Developments](https://www.uaepropertyagents.com/developers/bnw-developments) | | Location | [Al Marjan Island](https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island), Ras Al Khaimah | | Status | under construction | | Developer's handover target | Q4 2027 | | Tenure | freehold | | Price | From AED 2,300,000 to AED 17,400,000 (published figure, 13 November 2026) | | Average price per sq ft | AED 2,853 | | Home types | 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments | | Total units | 158 | | Buildings | 1 | | Golden Visa value test | Some homes are priced at or above AED 2,000,000 | ## Overview Pelagia is a single residential building on [Al Marjan Island](https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island) by [BNW Developments](https://www.uaepropertyagents.com/developers/bnw-developments). The developer publishes an exact mix: 158 apartments, of which 112 are one-bedroom, 32 two-bedroom, 12 three-bedroom and two four-bedroom, plus two shops on the ground floor. Property Finder records a construction start in February 2025 and expected completion at the end of December 2027, which matches BNW's Q4 2027 handover target. The apartments are generous for the island. One-bedroom units run from 854 to 1,405 sq ft and start at AED 2.3 million, two-bedroom units from 1,211 sq ft and AED 3.3 million, and three-bedroom units from 2,381 sq ft and AED 6.2 million. The two four-bedroom homes, which Property Finder calls penthouses, start at AED 17.4 million on BNW's figures. Shared facilities include a rooftop infinity pool and bar, a second pool at ground level, a gym, sauna and steam rooms, and indoor and outdoor play areas. The plan BNW publishes is 10% on booking, 40% during construction and 50% on completion. Keeping half the price back until the keys are ready limits what a buyer has at stake during the build, but it also means arranging the larger part of the money, or a mortgage, for late 2027. On location, BNW gives five minutes to Al Marjan Island Boulevard and eight minutes to the Wynn resort, which Wynn Resorts now expects to open in September 2027, a few months before Pelagia's own target. The building has no connection with the resort. Ras Al Khaimah International Airport and Dubai International Airport are both within an hour by road. Who it suits: a buyer who wants a larger one- or two-bedroom on the island for holiday letting or a second home, and who is comfortable paying a premium per square foot for that space. What to weigh: BNW is a young developer with several projects under way on the island at once, and one-bedroom units, the bulk of this building, are also the most heavily supplied type across Al Marjan Island. Ask for the project's registration and escrow account details, and a current site progress report, before paying a deposit. ## Unit types and prices | Unit type | Price from | Price to | Size | Bathrooms | Availability | | --- | --- | --- | --- | --- | --- | | 1-bedroom apartments | AED 2,300,000 | | 854 to 1,405 sq ft | | available | | 2-bedroom apartments | AED 3,300,000 | | 1,211 to 3,602 sq ft | | available | | 3-bedroom apartments | AED 6,200,000 | | 2,381 to 4,014 sq ft | | available | | 4-bedroom apartments | AED 17,400,000 | | 5,132 to 5,747 sq ft | | available | Prices are published starting prices from the developer or Property Finder, as each type's note says, checked 13 November 2026. ## Payment plans ### 10/40/50 - Booking deposit: 10% (On booking) - During construction: 40% (Instalments to completion) - On completion: 50% (Q4 2027) Paid before handover: 50%. As published by BNW Developments. Property Finder's FAQ also describes a 10/50/10/30 plan with 30% after handover; confirm which plan is on offer. ## What works - A published unit count and mix: 158 homes in one building, small by the island's standards. - Completion is targeted for Q4 2027, close to the Wynn resort's expected September 2027 opening. - The developer's 10/40/50 plan keeps half the price back until completion. - Larger floor areas than most one- and two-bedroom apartments on the island. ## What to weigh - BNW Developments has several Al Marjan Island projects under construction at the same time and a short delivery record. - One-bedroom prices from AED 2.3 million for 854 sq ft work out at roughly AED 2,700 per sq ft, a premium price for the emirate. - Seven in ten homes are one-bedroom units, the type most heavily supplied across the island. - 50% is due on completion; arrange finance early, as lenders can be cautious with new developers and non-resident buyers. - Two payment structures appear in listings; make sure the sale agreement matches the one you were quoted. ## Location On Al Marjan Island, Ras Al Khaimah. BNW gives five minutes by car to Al Marjan Island Boulevard and eight minutes to the Wynn resort site. - Al Marjan Island Boulevard: about 5 minutes - Wynn Al Marjan Island: about 8 minutes - Waldorf Astoria Ras Al Khaimah: about 11 minutes - Al Hamra Golf Club: about 14 minutes - Al Hamra Village: about 15 minutes - Dreamland Aqua Park: about 16 minutes - The Ritz-Carlton Ras Al Khaimah: about 25 minutes - Dubai International Airport: about 56 minutes ## Amenities - Rooftop infinity pool - Rooftop pool bar - Ground-floor pool - Children's pool and splash pad - Jacuzzi - Gym - Steam room and sauna - Yoga deck - Indoor and outdoor children's play areas - Barbecue area ## Questions and answers ### What is the starting price at Pelagia? BNW Developments quotes one-bedroom apartments from AED 2.3 million, two-bedroom from AED 3.3 million, three-bedroom from AED 6.2 million and four-bedroom from AED 17.4 million. Prices were checked on 12 November 2026. ### When will Pelagia be handed over? The developer's target is the fourth quarter of 2027. Property Finder lists expected completion on 30 December 2027. ### What is the payment plan at Pelagia? 10% on booking, 40% during construction and 50% on completion, according to BNW Developments. A variant with 30% after handover also appears in Property Finder's FAQ, so confirm the plan in writing. ### How many apartments are in Pelagia? 158: 112 one-bedroom, 32 two-bedroom, 12 three-bedroom and two four-bedroom apartments, plus two retail units. ### When is Pelagia due for handover? BNW Developments' current target for Pelagia is Q4 2027. Handover dates on off-plan projects are estimates and can move; the sale and purchase agreement sets out the contractual completion date and what happens if it is missed. ### Who is the developer of Pelagia? Pelagia is being developed by [BNW Developments](https://www.uaepropertyagents.com/developers/bnw-developments). About BNW Developments: A young private developer led by Ankur Aggarwal and actor Vivek Anand Oberoi, with a large branded pipeline on Al Marjan Island and no completed project yet. ### Can foreigners buy at Pelagia? Yes. Al Marjan Island is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the RAK Municipality. ### Does buying at Pelagia qualify for a Golden Visa? Homes priced at AED 2 million or more can support an application for the UAE's 10-year Golden Visa. At Pelagia, every unit type starts above that level. Approval is at the authorities' discretion and off-plan purchases have their own conditions: see our [Golden Visa guide](https://www.uaepropertyagents.com/guides/uae-golden-visa-property). ### What fees are payable on top of the price at Pelagia? The main cost is the registration fee (2%, indicative). On the entry price of AED 2,300,000 that comes to about AED 46,000, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our [buying cost calculator](https://www.uaepropertyagents.com/tools/purchase-cost-calculator) itemises it. ## Sources Facts on this page were last checked against these sources on 13 November 2026. - [BNW Developments: Pelagia](https://bnw.ae/en/projects/pelagia-marjan-island) - [Property Finder: Pelagia](https://www.propertyfinder.ae/en/new-projects/bnw-developments/pelagia) - [Property Finder: BNW Developments new projects](https://www.propertyfinder.ae/en/new-projects/dev/bnw-developments) - [Khaleej Times: Wynn Al Marjan Island pushes opening to September 2027 (5 August 2026)](https://www.khaleejtimes.com/business/wynn-al-marjan-island-pushes-opening-to-september-2027-amid-regional-conflict-fallout) --- Source page: https://www.uaepropertyagents.com/ras-al-khaimah/al-marjan-island/pelagia. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.