Modern 3 Bedroom | Open Layout | Bright | Apartment in Al Marjan Island
AED 2,781,000

AED 1,665 per sqft

Modern 3 Bedroom | Open Layout | Bright | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 70 days ago
3
Beds
3
Baths
1,670
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Chic Tower, Al Marjan Island. This 1670 sqft property offers excellent value at AED 2,781,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views53
Reference5037f432-56cf-4177-8a52-75da962b8af5

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

5.5/ 10
Fair Price0.0% below market

At AED 1,665/sqft vs 1,665/sqft market average in Al Marjan Island, this listing is 0% below recent transaction values — reasonably priced.

Price per sqft comparisonAl Marjan Island · 3 BR apartment
AskingAED 1,665/sqft
DLD Market AvgAED 1,665/sqft

Price Transparency

Estimate
This listing
AED 1,665/sqft
Area benchmark unavailable
Asking priceAED 2,781,000
DLD transfer fee (4%)AED 111,240
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 5,504
Agency commission (2%)AED 55,620
Est. total transaction costAED 2,957,564

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

Good Price

Good Value Property

Slightly below market average for Al Marjan Island. Competitive pricing.

Price per sqft comparisonAl Marjan Island · 3 BR apartment
This PropertyAED 1,665/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
7.83%
Excellent Yield
Net Yield
6.93%
After charges
Estimated Rental Income
Monthly
AED 18,137
Annual
AED 217,649
Service Charge: AED 25,050/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average65.2% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 12,993

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 556,200)
5%80%
4.99%
2%8%
Property PriceAED 2,781,000
Loan AmountAED 2,224,800
Total InterestAED 1,673,100
Total Cost (Principal + Interest)AED 3,897,900

Estimated Upfront Costs

Down PaymentAED 556,200
DLD Registration (4%)AED 111,240
Agency Fee (2%)AED 55,620
Total UpfrontAED 723,060

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 2.94M

Avg. Price

AED 1,747.55

Avg. /sqft

5

Transactions

AED 3.37M21.2% higher
15 Apr 2026 3 Bed 1,996 sqftAED 1,688/sqft
Completed Sale
AED 2.78M0.0% higher
15 Apr 2026 3 Bed 1,767 sqftAED 1,574/sqft
Completed Sale
AED 2.74M1.5% lower
16 Mar 2026 3 Bed 1,967 sqftAED 1,393/sqft
Completed Sale
AED 3.04M9.4% higher
14 Feb 2026 3 Bed 1,438 sqftAED 2,115/sqft
Completed Sale
AED 2.74M1.4% lower
14 Feb 2026 3 Bed 1,394 sqftAED 1,967/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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