Sunshine Bay at Al Marjan Island | Luxury Waterfront Apartments by Source of Fate Properties in RAK

STARTS FROM

980,000 AED

Sunshine Bay at Al Marjan Island is a premium, 12-storey residential building by Fate Properties in Ras Al Khaimah. This particular architectural masterpiece showcases a sailboat-inspired design with undulating balconies, offering 240 luxury apartments (Studio, 1 & 2 BR) with breathtaking views of the Arabian Gulf.

The project blends modern aesthetics with a tranquil seaside ambiance, incorporating biophilic elements, lush greenery, plus innovative water features for a refreshing, eco-friendly environment. Its strategic location gives the best of island living and urban convenience, making it an ideal choice for both homeowners and investors. The interior spaces feature a grand lobby, café lounge, state-of-the-art fitness facilities, children’s play areas, an expansive pool area, and a rooftop garden with panoramic views. The project is confirmed to be a Freehold property.

Property Details

FeatureDetails
DeveloperSource of Fate Properties
Property TypeApartment
Unit TypeStudio, 1 & 2 Bedroom
Size Range439 to 2,300 SQ. FT.
Floors12 Storeys
Total UnitsApprox. 240 Residences
Starting PriceAED 980,000
Handover (Expected)Q1 – 2027 (Some sources also mention Q4 2027)
Title TypeFreehold
ArchitectureSailboat-inspired design

Features & Amenities

  • Infinity Swimming Pool for adults
  • Children’s Pool and Kid’s Playground
  • State-of-the-art Indoor Gym / Fitness Facilities
  • Outdoor Fitness Area / Outdoor Yoga Area
  • Atrium Garden with reflective ponds and cascading gardens (47m high)
  • BBQ Area / Sun Lounge
  • Sauna and Steam Room
  • Billiard Room / Business Lounge
  • Café Lounge
  • High-speed elevators and dedicated covered parking
  • 24-hour CCTV monitoring and security
  • The Bay Collection (First-floor units) offer private pools/jacuzzis and gardens.

Location & Connectivity

Sunshine Bay is located on Al Marjan Island’s central islet (also known as Treasure Island) along the picturesque northwestern coastline of Ras Al Khaimah.

  • Wynn Al Marjan Island Resort (Upcoming Casino): 5-15 minutes walk / short drive.
  • Al Marjan Island Beach: 5 Minutes
  • Al Hamra Mall: 10 Minutes drive.
  • Al Hamra Marina & Yacht Club: 15 Minutes drive.
  • Ras Al Khaimah Corniche: 20 Minutes drive.
  • Ras Al Khaimah International Airport (RAK Airport): Approx. 30 Minutes drive.
  • Dubai International Airport (DXB): Less than an hour’s drive (approx. 45-60 minutes).
  • General Access: Direct waterfront access, surrounded by world-class resorts and luxury residences.

Payment Plan

StagePercentageNotes
Down Payment10%On Booking Date
During Construction30%1st to 5th Installment
On Handover20%100% Completion (Expected Q1 – 2027)
Post-Handover40%Within 24 Months (2 Years P.H.O)
Total100%60% During Construction/Handover, 40% Post-Handover

Floor Plans

Unit TypeSize Range (SQ. FT.)
Studio439.00 to 792.00
1 Bedroom790.00 to 1,538.00
2 Bedrooms1,342.00 to 2,307.00
Bay CollectionStudios, 1 & 2 BR with Private Pools/Gardens


Why Invest in Sunshine Bay at Al Marjan

  • Prime Waterfront Location: Situated on Al Marjan Island, offering direct sea views and beach access.
  • Proximity to Wynn Resort: Located just a short walk (approx. 15 minutes) from the highly anticipated Wynn Al Marjan Island, the UAE’s first casino resort, promising significant capital appreciation and rental demand.
  • Freehold Ownership: Allows for 100% foreign ownership, making it highly attractive to international investors.
  • Strong Investment Potential: Al Marjan Island is a booming real estate market with high demand, and the property’s value exceeds the threshold for a potential UAE Golden Visa application (AED 2M), subject to current government criteria.
  • Unique Design & Luxury Amenities: Sailboat-inspired architecture and resort-style facilities, including a stunning atrium garden and infinity pool.

FAQs About Sunshine Bay at Al Marjan

Q: Who is the developer of Sunshine Bay?

A: The developer is Source of Fate Properties.

Q: When is the expected completion date for the project?

A: The expected handover is in Q1 – 2027 (some sources indicate Q4 2027).

Q: Is Sunshine Bay a freehold property?

A: Yes, Sunshine Bay is a Freehold property, allowing full ownership for all nationalities.

Q: What is the main appeal of the location?

A: Its prime waterfront location on Al Marjan Island’s central islet, offering sea views and proximity to the new Wynn Al Marjan Island resort.

Q: What is the post-handover payment structure?

A: The payment plan is 60/40, with 40% of the total price due in installments within 2 years post-handover.

Contact Cresco Real Estate Today

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What Our Clients Say About Cresco

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Samer A.
03:46 17 Apr 25
Rania A.
20:03 15 Apr 25
Umer is very professional and efficient. He helped us find our home.
Raza N.
12:04 15 Apr 25
Dilshad Ali K.
17:16 13 Apr 25
They are Great Company to work with through professional approach with end to end services to Property business in Dubai
Specialised in Offplan & secondary consultancy
Malik C.
16:25 13 Apr 25
Sachin M.
16:25 13 Apr 25
I had a fantastic experience with Cresco Real Estate LLC. Their support and guidance helped me find the perfect home in Dubai. Extremely professional, knowledgeable, and always available with the right advice. Truly one of the best in the business – I highly recommend Cresco Real Estate to anyone looking to buy property in Dubai!
Malik K.
06:39 20 Nov 24
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Imran R.
11:33 19 Nov 24
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Faheem A.
10:57 19 Nov 24
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