Al Marjan Island · Listing

2BR + Maids | Marina View | Furnished | Apartment in Al Marjan Island

AED 1,532,000

AED 1,375 per sqft

2BR + Maids | Marina View | Furnished | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
5mo ago
2
Beds
2
Baths
1,114
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Gateway Residences, Al Marjan Island. This 1114 sqft property offers excellent value at AED 1,532,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views62
Referenced18a5e3e-58f3-4ca1-94eb-6a198c224488

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

Premium Property

Positioned above market average

This is a premium-positioned property in Al Marjan Island. Asking AED 1,375/sqft vs market average of AED 1,271/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
9.48%
Excellent Yield
Net Yield
8.39%
After charges
Estimated Rental Income
Monthly
AED 12,099
Annual
AED 145,186
Service Charge: AED 16,710/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average9% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,158

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 306,400)
5%80%
4.99%
2%8%
Property PriceAED 1,532,000
Loan AmountAED 1,225,600
Total InterestAED 921,679
Total Cost (Principal + Interest)AED 2,147,279

Estimated Upfront Costs

Down PaymentAED 306,400
DLD Registration (4%)AED 61,280
Agency Fee (2%)AED 30,640
Total UpfrontAED 398,320

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 1.54M

Avg. Price

AED 1,333.91

Avg. /sqft

5

Transactions

AED 1.48M3.2% below this listing
30 May 2026 2 Bed 1,135 sqftAED 1,307/sqft
Completed Sale
AED 1.27M17.4% below this listing
30 Apr 2026 2 Bed 997 sqftAED 1,269/sqft
Completed Sale
AED 1.37M10.4% below this listing
1 Mar 2026 2 Bed 1,160 sqftAED 1,183/sqft
Completed Sale
AED 1.89M23.5% above this listing
31 Dec 2025 2 Bed 1,315 sqftAED 1,438/sqft
Completed Sale
AED 1.68M9.5% above this listing
31 Dec 2025 2 Bed 1,140 sqftAED 1,472/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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