Al Marjan Island, Ras Al Khaimah
Mondrian Residences
- From
- AED 2.55M
- Handover
- Q4 2028
- Plan
- 60/40
Off-plan · by Major Developments
Manta Bay
Al Marjan Island, Ras Al Khaimah
Under construction · handover Q2 2027
- Starting price
- AED 1,300,000
- Handover
- Q2 2027
- Payment plan
- 60/40
- Property types
- Apartment
- Bedrooms
- Studio, 1, 2 Beds
Payment plan
5 / 55 / 40
- 5%On bookingDown payment to reserve
- 55%During constructionPaid in instalments while it is built
- 40%On handoverWhen you get the keys, Q2 2027
Indicative payment plan. Plans can change by unit and launch phase, so your advisor confirms the current one with the price list.
About Manta Bay
Manta Bay is an off-plan residential project by Major Developments in Al Marjan Island, Ras Al Khaimah. It offers studio to 2-bedroom apartments, with handover expected in Q2 2027.
Payment plan
The payment plan is 60/40: 5% down payment, 55% during construction, 40% on handover. Plans can change by unit and launch phase, so your CBA advisor confirms the current plan with the price list.
Prices
Prices start from around AED 1,300,000. The exact price depends on the unit, floor and view. Ask your advisor for the latest price list and availability.
Buying with CBA
CBA Real Estate (RERA ORN 39665) helps you choose the right unit, reserves it with the developer, handles the sale agreement and registration with the Ras Al Khaimah land authority, and stays with you through to handover and snagging.
The developer
Major Developments
Major Developments, trading as Major Developers, is a UAE developer whose projects are all in Ras Al Khaimah. In April 2024 it announced Manta Bay, an AED 1 billion residential project on Al Marjan Island, describing it as its first in the emirate, with chief executive Andrei Charapenak leading the company. It has since launched Manta Bay Phase 2, Colibri Views in RAK Central and Ice Beach at Marjan Beach. The company markets some projects through celebrity partners, including footballers Francesco Totti and Patrice Evra. Little is published about its founding or ownership.
Questions buyers ask
Where is Manta Bay?
Manta Bay is in Al Marjan Island, Ras Al Khaimah.
Who is the developer of Manta Bay?
Manta Bay is developed by Major Developments.
When is the handover of Manta Bay?
Handover is expected in Q2 2027. Your advisor confirms the latest construction update.
What is the payment plan for Manta Bay?
The payment plan is 60/40: 5% down payment, 55% during construction, 40% on handover.
What types of homes are available in Manta Bay?
Studio to 2-bedroom apartments.
What is the starting price of Manta Bay?
Prices start from around AED 1,300,000, depending on the unit.
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