Mondrian Phases 1 and 2
Ras Al Khaimah · Al Marjan Island
Mondrian Phases 1 and 2 is an Apartments, Penthouse and Townhouse development in Al Marjan Island, Ras Al Khaimah, built by Elevate. Prices start at AED 2,744,192. Homes are 1 to 5 bedroom Apartments, Penthouse and Townhouse, from 835 to 8,583 square feet. The development is under construction, with handover scheduled for Q4 2028.
Key facts
- Handover
- Q4 2028
- Status
- Under construction
- Property types
- Apartments, Penthouse, Townhouse
- Availability
- Available
How Mondrian Phases 1 and 2 compares
Entry here is AED 2.7M, against a median of AED 2.7M across the 43 priced projects in Al Marjan Island, which puts it above 22 of them and below 20. The plan opens at 30% down, against a Dubai median of 20%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2028, alongside 121 other projects completing in the same quarter.
Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.
Payment plan
Payment Plan 30/70
30%
Down payment
70%
On handover
Payment Plan 60/40
20%
Down payment
40%
During construction
40%
On handover
Available units
| Type | Area (sqft) | Layouts | Starting price |
|---|---|---|---|
| 1 bedroom Apartments | 834.96 | 1 | AED 2,744,192 |
| 2 bedroom Apartments | 1,323.11 | 1 | AED 4,129,398 |
| 3 bedroom Penthouse | 1,804.8 - 2,562.35 | 2 | AED 5,749,526 |
| 4 bedroom Penthouse | 5,047.95 | 1 | AED 20,000,000 |
| 5 bedroom Penthouse | 8,582.6 | 1 | AED 34,000,000 |
Amenities
- Gym
- Sky Lounge
- Filia Restaurant & Beach Club
- Sky Pool
- Gym Outdoor
- Pool
Location
Mondrian Phases 1 and 2 sits in Al Marjan Island.
Master plan
The developer’s own site plan for Mondrian Phases 1 and 2, showing how the buildings, roads and open space sit together.
What you pay, and when
The payment plan published for it runs 30% on booking and 70% at handover. At the AED 2,744,192 entry price, that is AED 823,000 to reserve a unit, and AED 1,921,000 due on completion.
What the entry price works out at
The cheapest unit with a published size is 835 square feet at AED 2,744,192, which works out at AED 3,287 per square foot. Stated sizes run from 835 to 8,583 square feet.
Ownership and residency
The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.
Who it suits
The development is Apartments, Penthouse and Townhouse in 1 to 5 bedroom layouts. 1 bedroom units start at AED 2,744,192 and 5 bedroom units at AED 34,000,000, so one building covers a first rental purchase and a family home.
What is on site
Among the shared facilities recorded for Mondrian Phases 1 and 2 are gym, sky lounge, filia restaurant & beach club, sky pool, gym outdoor and pool. The development is 6 units in total. 6 floor plans are published for it.
Frequently asked
What is the starting price at Mondrian Phases 1 and 2?+
Mondrian Phases 1 and 2 starts at AED 2,744,192. The cheapest unit with a published size is 835 square feet, which is AED 3,287 per square foot.
When does Mondrian Phases 1 and 2 hand over?+
Mondrian Phases 1 and 2 is scheduled to hand over in Q4 2028, alongside 121 other projects we track in the same quarter.
What is the payment plan at Mondrian Phases 1 and 2?+
The published plan at Mondrian Phases 1 and 2 is 30% on booking and 70% at handover, so AED 823,000 reserves a unit at the AED 2,744,192 entry price.
What sizes are available at Mondrian Phases 1 and 2?+
Mondrian Phases 1 and 2 is Apartments, Penthouse and Townhouse in 1 to 5 bedroom layouts, from 835 to 8,583 square feet. The development is 6 units in total.
Which community is Mondrian Phases 1 and 2 in?+
Mondrian Phases 1 and 2 is in Al Marjan Island, Ras Al Khaimah. We track 51 projects in Al Marjan Island.
Who is building Mondrian Phases 1 and 2?+
Mondrian Phases 1 and 2 is developed by Elevate, who have 1 project in our catalogue.
Before you commit
Ask about Mondrian Phases 1 and 2
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Mondrian Phases 1 and 2 is an off-plan development by Elevate in Al Marjan Island, priced from AED 2,744,192 with handover in Q4 2028. See more Elevate projects or all 51 off-plan projects in Al Marjan Island. Developer data, verified by our team on 4 Sept 2026. Confirm current details with us before making a decision.