Al Marjan Island · Listing

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
5mo 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
Views201
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

Chic Tower

· Al Marjan Island
Leaflet © Mapbox © OSM

Deal Score™

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.

Asking AED/sqft

AED 1,243

DLD Market Avg

AED 1,326

Avg

AED 748,000

Median

AED 597,000

Range

472K–1277K

DLD Benchmark
Property priceAED 507,000
DLD transfer fee (4%)AED 20,280
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,268
Agency commission (2%)AED 10,140
Total to acquireAED 542,888

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

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

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 865K

Avg. Price

AED 1,280.77

Avg. /sqft

5

Transactions

AED 1.06M108.8% above this listing
28 May 2026 1 Bed 716 sqftAED 1,479/sqft
Completed Sale
AED 1.12M121.0% above this listing
29 Mar 2026 1 Bed 740 sqftAED 1,514/sqft
Completed Sale
AED 1.21M137.9% above this listing
29 Dec 2025 1 Bed 868 sqftAED 1,390/sqft
Completed Sale
AED 423K16.5% below this listing
29 Dec 2025 1 Bed 450 sqftAED 941/sqft
Completed Sale
AED 514K1.4% above this listing
29 Dec 2025 1 Bed 476 sqftAED 1,081/sqft
Completed Sale

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

Regulatory Compliance

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

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