Modern Studio | Near Metro | Investor Deal | Apartment in Al Marjan Island
AED 594,000

AED 1,248 per sqft

Modern Studio | Near Metro | Investor Deal | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 69 days ago
1
Beds
1
Baths
476
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Bab Al Bahr, Al Marjan Island. This 476 sqft property offers excellent value at AED 594,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views35
Reference574c9d62-6d89-431d-b6d5-9f2f5295b261

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 Value5.9% below market

At AED 1,248/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 1,248/sqft
DLD Market AvgAED 1,326/sqft

Price Transparency

Estimate
This listing
AED 1,248/sqft
Area benchmark unavailable
Asking priceAED 594,000
DLD transfer fee (4%)AED 23,760
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,404
Agency commission (2%)AED 11,880
Est. total transaction costAED 635,244

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 262,752 compared to market rate.

Price per sqft comparisonAl Marjan Island · 1 BR apartment
This PropertyAED 1,248/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
8.8%
After charges
Estimated Rental Income
Monthly
AED 4,950
Annual
AED 59,400
Service Charge: AED 7,140/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average64.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,775

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 118,800)
5%80%
4.99%
2%8%
Property PriceAED 594,000
Loan AmountAED 475,200
Total InterestAED 357,361
Total Cost (Principal + Interest)AED 832,561

Estimated Upfront Costs

Down PaymentAED 118,800
DLD Registration (4%)AED 23,760
Agency Fee (2%)AED 11,880
Total UpfrontAED 154,440

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 953K

Avg. Price

AED 1,305.9

Avg. /sqft

5

Transactions

AED 1.16M95.9% higher
16 Mar 2026 1 Bed 740 sqftAED 1,573/sqft
Completed Sale
AED 787K32.6% higher
14 Feb 2026 1 Bed 790 sqftAED 997/sqft
Completed Sale
AED 1.04M74.7% higher
15 Jan 2026 1 Bed 716 sqftAED 1,450/sqft
Completed Sale
AED 433K27.1% lower
15 Jan 2026 1 Bed 450 sqftAED 962/sqft
Completed Sale
AED 1.34M126.3% higher
16 Dec 2025 1 Bed 868 sqftAED 1,549/sqft
Completed Sale

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