Large 1BR | Balcony | Near Metro | Apartment in Al Marjan Island
AED 1,013,000

AED 1,369 per sqft

Large 1BR | Balcony | Near Metro | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 116 days ago
1
Beds
1
Baths
740
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Bab Al Bahr, Al Marjan Island. This 740 sqft property offers excellent value at AED 1,013,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views14
Reference91fc1d54-bc53-4f4e-b7c8-ddee42d896c2

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/ 10
Fair Price3.2% above market

Listed at AED 1,369/sqft against a 1,326/sqft market average in Al Marjan Island. Priced 3% above recent transactions — fair but room for negotiation.

Price per sqft comparisonAl Marjan Island · 1 BR apartment
AskingAED 1,369/sqft
DLD Market AvgAED 1,326/sqft

Price Transparency

Estimate
This listing
AED 1,369/sqft
Area benchmark unavailable
Asking priceAED 1,013,000
DLD transfer fee (4%)AED 40,520
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,189
Agency commission (2%)AED 20,260
Est. total transaction costAED 1,080,169

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 - 24% Below Market!

This property is priced significantly below the Al Marjan Island average of AED 1800/sqft. You could save AED 318,940 compared to market rate.

Price per sqft comparisonAl Marjan Island · 1 BR apartment
This PropertyAED 1,369/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
9.52%
Excellent Yield
Net Yield
8.42%
After charges
Estimated Rental Income
Monthly
AED 8,037
Annual
AED 96,443
Service Charge: AED 11,100/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average39.8% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,733

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 202,600)
5%80%
4.99%
2%8%
Property PriceAED 1,013,000
Loan AmountAED 810,400
Total InterestAED 609,439
Total Cost (Principal + Interest)AED 1,419,839

Estimated Upfront Costs

Down PaymentAED 202,600
DLD Registration (4%)AED 40,520
Agency Fee (2%)AED 20,260
Total UpfrontAED 263,380

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 805K

Avg. Price

AED 1,227.87

Avg. /sqft

5

Transactions

AED 865K14.6% lower
15 Apr 2026 1 Bed 716 sqftAED 1,209/sqft
Completed Sale
AED 1.31M29.4% higher
14 Feb 2026 1 Bed 868 sqftAED 1,511/sqft
Completed Sale
AED 544K46.3% lower
16 Dec 2025 1 Bed 450 sqftAED 1,209/sqft
Completed Sale
AED 637K37.1% lower
16 Nov 2025 1 Bed 790 sqftAED 807/sqft
Completed Sale
AED 668K34.0% lower
16 Nov 2025 1 Bed 476 sqftAED 1,404/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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