Stunning 3BR | Full Sea View | Upgraded | Apartment in Al Marjan Island
AED 2,933,000

AED 2,040 per sqft

Stunning 3BR | Full Sea View | Upgraded | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 74 days ago
3
Beds
3
Baths
1,438
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in The Address Al Marjan Island, Al Marjan Island. This 1438 sqft property offers excellent value at AED 2,933,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views56
Reference6e6ad226-b883-49a8-9767-b4727b67971f

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

Premium Property

Positioned above market average

This is a premium-positioned property in Al Marjan Island. Asking AED 2,040/sqft vs market average of AED 1,665/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 2,040/sqft
Area benchmark unavailable
Asking priceAED 2,933,000
DLD transfer fee (4%)AED 117,320
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 5,789
Agency commission (2%)AED 58,660
Est. total transaction costAED 3,118,969

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

Above Average

Above Average - 13% Premium

This property is priced above the area average. Consider negotiating or comparing similar units.

Price per sqft comparisonAl Marjan Island · 3 BR apartment
This PropertyAED 2,040/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

Good Yield
Gross Yield
6.39%
Good Yield
Net Yield
5.65%
After charges
Estimated Rental Income
Monthly
AED 15,618
Annual
AED 187,413
Service Charge: AED 21,570/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average74.2% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 13,703

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 586,600)
5%80%
4.99%
2%8%
Property PriceAED 2,933,000
Loan AmountAED 2,346,400
Total InterestAED 1,764,546
Total Cost (Principal + Interest)AED 4,110,946

Estimated Upfront Costs

Down PaymentAED 586,600
DLD Registration (4%)AED 117,320
Agency Fee (2%)AED 58,660
Total UpfrontAED 762,580

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 2.87M

Avg. Price

AED 1,649.07

Avg. /sqft

5

Transactions

AED 3.20M9.3% higher
15 Apr 2026 3 Bed 1,996 sqftAED 1,606/sqft
Completed Sale
AED 2.78M5.3% lower
16 Mar 2026 3 Bed 1,967 sqftAED 1,412/sqft
Completed Sale
AED 3.01M2.7% higher
14 Feb 2026 3 Bed 1,767 sqftAED 1,705/sqft
Completed Sale
AED 2.60M11.3% lower
16 Dec 2025 3 Bed 1,670 sqftAED 1,558/sqft
Completed Sale
AED 2.74M6.6% lower
16 Nov 2025 3 Bed 1,394 sqftAED 1,965/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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