Furnished Studio | Prime Location | High ROI | Apartment in Al Marjan Island
AED 507,000

AED 1,243 per sqft

Furnished Studio | Prime Location | High ROI | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 136 days ago
1
Beds
1
Baths
408
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Chic Tower, Al Marjan Island. This 408 sqft property offers excellent value at AED 507,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views196
Reference42ac60e2-9153-4acd-a631-232299abe68a

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

Al Marjan Island Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in Al Marjan Island
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

6.4/ 10
Good Value6.3% below market

At AED 1,243/sqft vs 1,326/sqft market average in Al Marjan Island, this listing is 6% below recent transaction values — reasonably priced.

Price per sqft comparisonAl Marjan Island · 1 BR apartment
AskingAED 1,243/sqft
DLD Market AvgAED 1,326/sqft

Price Transparency

Estimate
This listing
AED 1,243/sqft
Area benchmark unavailable
Asking priceAED 507,000
DLD transfer fee (4%)AED 20,280
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,241
Agency commission (2%)AED 10,140
Est. total transaction costAED 542,861

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Excellent Deal

Exceptional Value - 31% Below Market!

This property is priced significantly below the Al Marjan Island average of AED 1800/sqft. You could save AED 227,256 compared to market rate.

Price per sqft comparisonAl Marjan Island · 1 BR apartment
This PropertyAED 1,243/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Al Marjan Island Market Intelligence

Full Report
Avg Price/SqftAED 1,321
Active Listings38
Trendup
Price History (per sqft)
AED 1,393
Dec
AED 1,379
Jan
AED 1,171
Feb
AED 1,374
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 3 rental comparables in Al Marjan Island

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.79%
After charges
Estimated Rental Income
Monthly
AED 4,225
Annual
AED 50,700
Service Charge: AED 6,120/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average69.9% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,369

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 101,400)
5%80%
4.99%
2%8%
Property PriceAED 507,000
Loan AmountAED 405,600
Total InterestAED 305,020
Total Cost (Principal + Interest)AED 710,620

Estimated Upfront Costs

Down PaymentAED 101,400
DLD Registration (4%)AED 20,280
Agency Fee (2%)AED 10,140
Total UpfrontAED 131,820

Regulatory Compliance

Permit not required for non-Dubai / non-Abu Dhabi listings — governed by local emirate authority.

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 861K

Avg. Price

AED 1,304.12

Avg. /sqft

5

Transactions

AED 1.20M137.3% higher
15 Apr 2026 1 Bed 868 sqftAED 1,386/sqft
Completed Sale
AED 998K96.9% higher
14 Feb 2026 1 Bed 716 sqftAED 1,395/sqft
Completed Sale
AED 569K12.3% higher
14 Feb 2026 1 Bed 476 sqftAED 1,196/sqft
Completed Sale
AED 999K97.0% higher
16 Dec 2025 1 Bed 740 sqftAED 1,349/sqft
Completed Sale
AED 538K6.0% higher
16 Dec 2025 1 Bed 450 sqftAED 1,195/sqft
Completed Sale

Transactions shown are for similar apartments in Al Marjan Island. Prices may vary based on floor, view, and finishing.

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