Al Marjan Island · Listing

Stunning 2BR | Open Plan | Balcony | Apartment in Al Marjan Island

AED 1,474,000

AED 1,271 per sqft

Stunning 2BR | Open Plan | Balcony | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
3mo ago
2
Beds
2
Baths
1,160
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Gateway Residences, Al Marjan Island. This 1160 sqft property offers excellent value at AED 1,474,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views96
Referenced7876176-4f5e-4697-8a92-e7e1a08c325c

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

Deal Score™

AI-powered price analysis vs DLD transactions

5.5/ 10
Fair Price0.0% below market

At AED 1,271/sqft vs 1,271/sqft market average in Al Marjan Island, this listing is 0% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,271

DLD Market Avg

AED 1,271

Avg

AED 1,471,500

Median

AED 1,456,500

Range

1096K–1968K

DLD Benchmark
Property priceAED 1,474,000
DLD transfer fee (4%)AED 58,960
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 3,685
Agency commission (2%)AED 29,480
Total to acquireAED 1,570,325

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 3 rental comparables in Al Marjan Island

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.82%
After charges
Estimated Rental Income
Monthly
AED 12,283
Annual
AED 147,400
Service Charge: AED 17,400/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average12.4% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 6,887

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 294,800)
5%80%
4.99%
2%8%
Property PriceAED 1,474,000
Loan AmountAED 1,179,200
Total InterestAED 886,785
Total Cost (Principal + Interest)AED 2,065,985

Estimated Upfront Costs

Down PaymentAED 294,800
DLD Registration (4%)AED 58,960
Agency Fee (2%)AED 29,480
Total UpfrontAED 383,240

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 1.55M

Avg. Price

AED 1,328.32

Avg. /sqft

5

Transactions

AED 1.41M4.4% below this listing
20 May 2026 2 Bed 1,236 sqftAED 1,140/sqft
Completed Sale
AED 1.62M9.7% above this listing
20 May 2026 2 Bed 1,135 sqftAED 1,425/sqft
Completed Sale
AED 1.83M24.2% above this listing
21 Mar 2026 2 Bed 1,315 sqftAED 1,392/sqft
Completed Sale
AED 1.23M16.8% below this listing
19 Feb 2026 2 Bed 997 sqftAED 1,231/sqft
Completed Sale
AED 1.66M12.5% above this listing
19 Feb 2026 2 Bed 1,140 sqftAED 1,454/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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