Spacious 2BR | Full Sea View | Upgraded | Apartment in Al Marjan Island
AED 152,000/year

AED 121 per sqft

Spacious 2BR | Full Sea View | Upgraded | Apartment in Al Marjan Island

Al Marjan Island, Ras Al Khaimah
Listed 70 days ago
2
Beds
2
Baths
1,258
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in The Address Al Marjan Island, Al Marjan Island. This 1258 sqft property offers excellent value at AED 1,796,000. Located in the heart of Ras Al Khaimah, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views60
Referencef67619ce-ecc0-488f-a08a-8ae04859ea95

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

Price Transparency

Estimate
This listing
AED 121/sqft
Area benchmark unavailable
Annual rentAED 152,000
Security deposit (est. 5%)AED 7,600
Ejari registrationAED 220
Agency commission (5% one-off)AED 7,600
Est. first-year cash outlayAED 167,420

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.

Rental Market Comparison

Fair Market Rent

Fair Market Rent

Priced in line with Al Marjan Island rental market average of AED 117/sqft/year.

Area Avg Rent
AED 117
per sqft/year
This Property
AED 121
3% above avg
Area Yield
6.5%
rental return
Monthly
AED 13K
per month

Investor Insight

Est. Property Value

AED 2.3M

Implied Yield

6.71%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • 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

Regulatory Compliance

Permit not required for non-Dubai / non-Abu Dhabi listings — governed by local emirate authority.

Rental Cost Analysis

Monthly Rent

AED 12,667

Annual: AED 152,000

AED 121/sqft per year

AED 152,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 7,600
Agency Commission(5% of annual rent)
AED 7,600
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 17,420

Recent Apartment Rental Transactions

Similar apartments rented in Al Marjan Island

AED 144K

Avg. Annual Rent

AED 114.5

Avg. /sqft (yr)

5

Rentals

AED 149K2.3% lower
16 Mar 2026 2 Bed 1,258 sqftAED 118/sqft
Rental Agreement
AED 133K12.3% lower
16 Mar 2026 2 Bed 1,258 sqftAED 106/sqft
Rental Agreement
AED 157K3.0% higher
14 Feb 2026 2 Bed 1,258 sqftAED 124/sqft
Rental Agreement
AED 146K3.9% lower
17 Sept 2025 2 Bed 1,258 sqftAED 116/sqft
Rental Agreement
AED 136K10.8% lower
17 Sept 2025 2 Bed 1,258 sqftAED 108/sqft
Rental Agreement

Transactions shown are for similar apartments in Al Marjan Island. Prices may vary based on floor, view, and finishing.

Similar Properties

2-Bedroom apartment in Al Marjan Island