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
Listed 125 days 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
Views57
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

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.

Price Transparency

Estimate
This listing
AED 1,375/sqft
Area benchmark unavailable
Asking priceAED 1,532,000
DLD transfer fee (4%)AED 61,280
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,163
Agency commission (2%)AED 30,640
Est. total transaction costAED 1,631,283

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 473,450 compared to market rate.

Price per sqft comparisonAl Marjan Island · 2 BR apartment
This PropertyAED 1,375/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
9.48%
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

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 1.66M

Avg. Price

AED 1,432.39

Avg. /sqft

5

Transactions

AED 2.10M37.3% higher
15 Apr 2026 2 Bed 1,315 sqftAED 1,599/sqft
Completed Sale
AED 1.61M5.2% higher
15 Apr 2026 2 Bed 1,135 sqftAED 1,420/sqft
Completed Sale
AED 1.61M4.9% higher
16 Mar 2026 2 Bed 1,160 sqftAED 1,386/sqft
Completed Sale
AED 1.18M22.9% lower
14 Feb 2026 2 Bed 997 sqftAED 1,184/sqft
Completed Sale
AED 1.79M17.0% higher
16 Dec 2025 2 Bed 1,140 sqftAED 1,572/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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