Al Marjan Island · Listing

Premium 3BR | High Floor | Panoramic View | Apartment in Al Marjan Island

AED 3,244,000

AED 1,625 per sqft

Premium 3BR | High Floor | Panoramic View | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
3mo ago
3
Beds
3
Baths
1,996
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Chic Tower, Al Marjan Island. This 1996 sqft property offers excellent value at AED 3,244,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views10
Referencee396072e-c82a-442c-b29a-c0aebbe0098a

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

Chic Tower

· Al Marjan Island
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

5.9/ 10
Fair Price2.4% below market

At AED 1,625/sqft vs 1,665/sqft market average in Al Marjan Island, this listing is 2% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,625

DLD Market Avg

AED 1,665

Avg

AED 2,873,833

Median

AED 2,857,000

Range

1896K–3497K

DLD Benchmark
Property priceAED 3,244,000
DLD transfer fee (4%)AED 129,760
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 8,110
Agency commission (2%)AED 64,880
Total to acquireAED 3,450,950

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
8.02%
Excellent Yield
Net Yield
7.1%
After charges
Estimated Rental Income
Monthly
AED 21,678
Annual
AED 260,136
Service Charge: AED 29,940/yr15 AED/sqft
Capital Appreciation (Ras Al Khaimah)
vs Area Average92.7% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 15,156

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 648,800)
5%80%
4.99%
2%8%
Property PriceAED 3,244,000
Loan AmountAED 2,595,200
Total InterestAED 1,951,649
Total Cost (Principal + Interest)AED 4,546,849

Estimated Upfront Costs

Down PaymentAED 648,800
DLD Registration (4%)AED 129,760
Agency Fee (2%)AED 64,880
Total UpfrontAED 843,440

Recent Apartment Transactions

Similar apartments sold in Al Marjan Island

AED 2.54M

Avg. Price

AED 1,572.7

Avg. /sqft

5

Transactions

AED 2.64M18.6% below this listing
17 May 2026 3 Bed 1,967 sqftAED 1,342/sqft
Completed Sale
AED 2.30M29.0% below this listing
17 Apr 2026 3 Bed 1,394 sqftAED 1,652/sqft
Completed Sale
AED 3.06M5.6% below this listing
17 Jan 2026 3 Bed 1,438 sqftAED 2,130/sqft
Completed Sale
AED 2.44M24.7% below this listing
17 Jan 2026 3 Bed 1,670 sqftAED 1,463/sqft
Completed Sale
AED 2.26M30.5% below this listing
18 Dec 2025 3 Bed 1,767 sqftAED 1,277/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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