Luxury Living | Branded Residences | Sea View

Fortune Bay Residences is an upcoming luxury residential development by Topero Properties, situated on Al Marjan Island in Ras Al Khaimah, United Arab Emirates. This project offers a selection of fully furnished 1, 2, and 3-bedroom apartments, each designed to blend modern aesthetics with traditional Arabian architectural elements.
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Key Features:

Prime Location: The residences are strategically located with direct beach access, providing residents with stunning views of the Arabian Gulf. The development is also in close proximity to the upcoming Wynn Al Marjan Island resort and casino, enhancing its appeal for both residents and investors.
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Design Inspiration: The architecture draws inspiration from Ras Al Khaimah's historic Dhayah Fort and the Hajar Mountains, incorporating traditional patterns and handwoven details into the design.

Amenities: Residents can enjoy a range of premium amenities, including a private beach, swimming pools, fitness centers, and landscaped gardens. The development aims to provide a serene and luxurious coastal lifestyle.

Investment Potential: With the anticipated influx of tourists due to the nearby Wynn resort, the area is expected to experience increased demand, potentially enhancing rental yields for investors. As of Q4 2024, the average return on investment (ROI) on Al Marjan Island is approximately 6%, with annual rental prices for 1-bedroom apartments starting from AED 42,000.
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Pricing and Payment Plan:

Starting Price: Apartments are available starting from AED 2,500,000 (approximately USD 681,000).
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Payment Plan: The development offers a flexible 70/30 payment plan, with a 5% down payment upon booking, 65% during construction, and the remaining 30% upon handover.
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Handover Date:

The project is scheduled for handover in Q4 2026

Property details

Property Type

Apartment

Property Size

2,936 sqft / 273 sqm

Bedrooms

3 + Maid

Bathrooms