3BR + Study | Marina View | Exclusive | Apartment in Al Marjan Island
AED 2,651,000

AED 1,500 per sqft

3BR + Study | Marina View | Exclusive | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 77 days ago
3
Beds
4
Baths
1,767
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Gateway Residences, Al Marjan Island. This 1767 sqft property offers excellent value at AED 2,651,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views192
Reference9aae9dd9-83db-473c-9900-65a2a375f764

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

7/ 10
Good Value9.9% below market

At AED 1,500/sqft vs 1,665/sqft market average in Al Marjan Island, this listing is 10% below recent transaction values — reasonably priced.

Price per sqft comparisonAl Marjan Island · 3 BR apartment
AskingAED 1,500/sqft
DLD Market AvgAED 1,665/sqft

Price Transparency

Estimate
This listing
AED 1,500/sqft
Area benchmark unavailable
Asking priceAED 2,651,000
DLD transfer fee (4%)AED 106,040
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 5,261
Agency commission (2%)AED 53,020
Est. total transaction costAED 2,819,521

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 - 17% Below Market!

This property is priced significantly below the Al Marjan Island average of AED 1800/sqft. You could save AED 530,100 compared to market rate.

Price per sqft comparisonAl Marjan Island · 3 BR apartment
This PropertyAED 1,500/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
8.69%
Excellent Yield
Net Yield
7.69%
After charges
Estimated Rental Income
Monthly
AED 19,191
Annual
AED 230,291
Service Charge: AED 26,505/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average57.5% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 12,386

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 530,200)
5%80%
4.99%
2%8%
Property PriceAED 2,651,000
Loan AmountAED 2,120,800
Total InterestAED 1,594,890
Total Cost (Principal + Interest)AED 3,715,690

Estimated Upfront Costs

Down PaymentAED 530,200
DLD Registration (4%)AED 106,040
Agency Fee (2%)AED 53,020
Total UpfrontAED 689,260

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 3.02M

Avg. Price

AED 1,799.26

Avg. /sqft

5

Transactions

AED 2.57M3.0% lower
15 Apr 2026 3 Bed 1,394 sqftAED 1,844/sqft
Completed Sale
AED 3.59M35.5% higher
14 Feb 2026 3 Bed 1,996 sqftAED 1,799/sqft
Completed Sale
AED 3.16M19.3% higher
15 Jan 2026 3 Bed 1,967 sqftAED 1,607/sqft
Completed Sale
AED 3.04M14.6% higher
16 Dec 2025 3 Bed 1,438 sqftAED 2,112/sqft
Completed Sale
AED 2.73M2.9% higher
16 Dec 2025 3 Bed 1,670 sqftAED 1,634/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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