Al Marjan Island · Listing

Upgraded Studio | Community View | Vacant | Apartment in Al Marjan Island

AED 550,000

AED 1,418 per sqft

Upgraded Studio | Community View | Vacant | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
6mo ago
1
Beds
1
Baths
388
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Gateway Residences, Al Marjan Island. This 388 sqft property offers excellent value at AED 550,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views74
Referencecffb9cb9-0aa6-43bd-bec7-5e408db3a095

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

Gateway Residences

· Al Marjan Island
Leaflet © Mapbox © OSM

Premium Property

Positioned above market average

This is a premium-positioned property in Al Marjan Island. Asking AED 1,418/sqft vs market average of AED 1,326/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Investment ROI Calculator

Based on 3 rental comparables in Al Marjan Island

Excellent Yield
Gross Yield
9.19%
Excellent Yield
Net Yield
8.14%
After charges
Estimated Rental Income
Monthly
AED 4,214
Annual
AED 50,568
Service Charge: AED 5,820/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average67.3% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,570

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 110,000)
5%80%
4.99%
2%8%
Property PriceAED 550,000
Loan AmountAED 440,000
Total InterestAED 330,890
Total Cost (Principal + Interest)AED 770,890

Estimated Upfront Costs

Down PaymentAED 110,000
DLD Registration (4%)AED 22,000
Agency Fee (2%)AED 11,000
Total UpfrontAED 143,000

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 885K

Avg. Price

AED 1,302.22

Avg. /sqft

5

Transactions

AED 429K21.9% below this listing
28 May 2026 1 Bed 450 sqftAED 954/sqft
Completed Sale
AED 1.09M98.9% above this listing
28 Apr 2026 1 Bed 740 sqftAED 1,479/sqft
Completed Sale
AED 513K6.7% below this listing
28 Apr 2026 1 Bed 476 sqftAED 1,079/sqft
Completed Sale
AED 1.37M149.2% above this listing
29 Mar 2026 1 Bed 868 sqftAED 1,579/sqft
Completed Sale
AED 1.02M84.9% above this listing
28 Jan 2026 1 Bed 716 sqftAED 1,420/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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