Bright Studio | Open Kitchen | Great Investment | Apartment in Al Marjan Island
AED 472,000

AED 1,326 per sqft

Bright Studio | Open Kitchen | Great Investment | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 141 days ago
1
Beds
1
Baths
356
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Chic Tower, Al Marjan Island. This 356 sqft property offers excellent value at AED 472,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views135
Referenceb7dad6d4-777c-4c2f-8326-f65dcb9aca1e

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

5.5/ 10
Fair Price0.0% below market

At AED 1,326/sqft vs 1,326/sqft market average in Al Marjan Island, this listing is 0% below recent transaction values — reasonably priced.

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

Price Transparency

Estimate
This listing
AED 1,326/sqft
Area benchmark unavailable
Asking priceAED 472,000
DLD transfer fee (4%)AED 18,880
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 1,175
Agency commission (2%)AED 9,440
Est. total transaction costAED 503,595

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 - 26% Below Market!

This property is priced significantly below the Al Marjan Island average of AED 1800/sqft. You could save AED 168,744 compared to market rate.

Price per sqft comparisonAl Marjan Island · 1 BR apartment
This PropertyAED 1,326/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
9.83%
Excellent Yield
Net Yield
8.7%
After charges
Estimated Rental Income
Monthly
AED 3,866
Annual
AED 46,397
Service Charge: AED 5,340/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average72% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,205

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 94,400)
5%80%
4.99%
2%8%
Property PriceAED 472,000
Loan AmountAED 377,600
Total InterestAED 283,964
Total Cost (Principal + Interest)AED 661,564

Estimated Upfront Costs

Down PaymentAED 94,400
DLD Registration (4%)AED 18,880
Agency Fee (2%)AED 9,440
Total UpfrontAED 122,720

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 864K

Avg. Price

AED 1,308.02

Avg. /sqft

5

Transactions

AED 999K111.6% higher
16 Mar 2026 1 Bed 716 sqftAED 1,395/sqft
Completed Sale
AED 652K38.2% higher
14 Feb 2026 1 Bed 476 sqftAED 1,370/sqft
Completed Sale
AED 991K109.9% higher
15 Jan 2026 1 Bed 740 sqftAED 1,339/sqft
Completed Sale
AED 1.21M156.6% higher
16 Dec 2025 1 Bed 868 sqftAED 1,395/sqft
Completed Sale
AED 468K0.8% lower
16 Nov 2025 1 Bed 450 sqftAED 1,041/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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