Al Marjan Island · Listing

Corner 2BR | Skyline View | Best Deal | Apartment in Al Marjan Island

AED 1,968,000

AED 1,497 per sqft

Corner 2BR | Skyline View | Best Deal | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
5mo ago
2
Beds
2
Baths
1,315
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in The Address Al Marjan Island, Al Marjan Island. This 1315 sqft property offers excellent value at AED 1,968,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views48
Reference4b72aa9f-db7c-4b5e-9129-021372f149a9

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

The Address Al Marjan Island

· Al Marjan Island
Leaflet © Mapbox © OSM

Premium Property

Positioned above market average

This is a premium-positioned property in Al Marjan Island. Asking AED 1,497/sqft vs market average of AED 1,271/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Investment ROI Calculator

Based on 3 rental comparables in Al Marjan Island

Excellent Yield
Gross Yield
8.71%
Excellent Yield
Net Yield
7.71%
After charges
Estimated Rental Income
Monthly
AED 14,282
Annual
AED 171,382
Service Charge: AED 19,725/yr15 AED/sqft
AqarSouq AI service-charge estimatemedium confidence
AED 12–18/sqftannual

Area-level fallback: [object Object] · Mid-tier development with standard amenities and facilities typical of newer Dubai communities, moderate maintenance requirements.

Source: AqarSouq AI (Claude). Always verify with the OA / DLD Mollak schedule before transacting.

Capital Appreciation (Ras Al Khaimah)
vs Area Average16.9% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 9,195

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 393,600)
5%80%
4.99%
2%8%
Property PriceAED 1,968,000
Loan AmountAED 1,574,400
Total InterestAED 1,183,985
Total Cost (Principal + Interest)AED 2,758,385

Estimated Upfront Costs

Down PaymentAED 393,600
DLD Registration (4%)AED 78,720
Agency Fee (2%)AED 39,360
Total UpfrontAED 511,680

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 1.53M

Avg. Price

AED 1,343.11

Avg. /sqft

5

Transactions

AED 1.63M17.2% below this listing
1 Jun 2026 2 Bed 1,160 sqftAED 1,405/sqft
Completed Sale
AED 1.43M27.6% below this listing
2 May 2026 2 Bed 1,236 sqftAED 1,153/sqft
Completed Sale
AED 1.83M6.8% below this listing
2 May 2026 2 Bed 1,140 sqftAED 1,609/sqft
Completed Sale
AED 1.11M43.4% below this listing
1 Feb 2026 2 Bed 997 sqftAED 1,118/sqft
Completed Sale
AED 1.62M17.5% below this listing
2 Jan 2026 2 Bed 1,135 sqftAED 1,431/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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