Family 3BR | Park View | Well Maintained | Apartment in Al Marjan Island
AED 2,544,000

AED 1,355 per sqft

Family 3BR | Park View | Well Maintained | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 118 days ago
3
Beds
3
Baths
1,878
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Gateway Residences, Al Marjan Island. This 1878 sqft property offers excellent value at AED 2,544,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views49
Reference63018316-a65a-488c-a415-9fa10c92ed93

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

8.3/ 10
Great Deal18.7% below market

Priced at AED 1,355/sqft vs market avg of AED 1,665/sqft in Al Marjan Island. This property is 19% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonAl Marjan Island · 3 BR apartment
AskingAED 1,355/sqft
DLD Market AvgAED 1,665/sqft

Price Transparency

Estimate
This listing
AED 1,355/sqft
Area benchmark unavailable
Asking priceAED 2,544,000
DLD transfer fee (4%)AED 101,760
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 5,060
Agency commission (2%)AED 50,880
Est. total transaction costAED 2,705,900

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 - 25% Below Market!

This property is priced significantly below the Al Marjan Island average of AED 1800/sqft. You could save AED 835,710 compared to market rate.

Price per sqft comparisonAl Marjan Island · 3 BR apartment
This PropertyAED 1,355/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
9.62%
Excellent Yield
Net Yield
8.51%
After charges
Estimated Rental Income
Monthly
AED 20,396
Annual
AED 244,757
Service Charge: AED 28,170/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average51.1% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 11,886

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 508,800)
5%80%
4.99%
2%8%
Property PriceAED 2,544,000
Loan AmountAED 2,035,200
Total InterestAED 1,530,517
Total Cost (Principal + Interest)AED 3,565,717

Estimated Upfront Costs

Down PaymentAED 508,800
DLD Registration (4%)AED 101,760
Agency Fee (2%)AED 50,880
Total UpfrontAED 661,440

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 2.75M

Avg. Price

AED 1,694.99

Avg. /sqft

5

Transactions

AED 2.57M0.9% higher
15 Apr 2026 3 Bed 1,438 sqftAED 1,784/sqft
Completed Sale
AED 3.04M19.3% higher
15 Apr 2026 3 Bed 1,394 sqftAED 2,177/sqft
Completed Sale
AED 2.76M8.6% higher
15 Jan 2026 3 Bed 1,996 sqftAED 1,384/sqft
Completed Sale
AED 2.64M3.8% higher
15 Jan 2026 3 Bed 1,670 sqftAED 1,581/sqft
Completed Sale
AED 2.74M7.6% higher
16 Dec 2025 3 Bed 1,767 sqftAED 1,548/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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