Al Marjan Island · Listing

Premium 2BR | Pool View | Near Metro | Apartment in Al Marjan Island

AED 1,096,000

AED 1,070 per sqft

Premium 2BR | Pool View | Near Metro | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
5mo ago
2
Beds
2
Baths
1,024
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Chic Tower, Al Marjan Island. This 1024 sqft property offers excellent value at AED 1,096,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views94
Reference884ab5c5-9eca-4da0-b294-1c25b7fe5376

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

Chic Tower

· Al Marjan Island
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

7.9/ 10
Great Deal15.8% below market

Priced at AED 1,070/sqft vs market avg of AED 1,271/sqft in Al Marjan Island. This property is 16% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,070

DLD Market Avg

AED 1,271

Avg

AED 1,471,500

Median

AED 1,456,500

Range

1096K–1968K

DLD Benchmark
Property priceAED 1,096,000
DLD transfer fee (4%)AED 43,840
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 2,740
Agency commission (2%)AED 21,920
Total to acquireAED 1,168,700

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 3 rental comparables in Al Marjan Island

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.6%
After charges
Estimated Rental Income
Monthly
AED 9,133
Annual
AED 109,600
Service Charge: AED 15,360/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 Average34.9% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 5,121

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 219,200)
5%80%
4.99%
2%8%
Property PriceAED 1,096,000
Loan AmountAED 876,800
Total InterestAED 659,373
Total Cost (Principal + Interest)AED 1,536,173

Estimated Upfront Costs

Down PaymentAED 219,200
DLD Registration (4%)AED 43,840
Agency Fee (2%)AED 21,920
Total UpfrontAED 284,960

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 1.46M

Avg. Price

AED 1,267.37

Avg. /sqft

5

Transactions

AED 1.84M67.9% above this listing
1 Apr 2026 2 Bed 1,315 sqftAED 1,399/sqft
Completed Sale
AED 1.33M21.3% above this listing
2 Mar 2026 2 Bed 1,160 sqftAED 1,146/sqft
Completed Sale
AED 1.35M23.6% above this listing
31 Jan 2026 2 Bed 1,135 sqftAED 1,194/sqft
Completed Sale
AED 1.23M11.9% above this listing
1 Jan 2026 2 Bed 997 sqftAED 1,230/sqft
Completed Sale
AED 1.56M42.3% above this listing
1 Jan 2026 2 Bed 1,140 sqftAED 1,368/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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