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Projects·Ras Al Khaimah·Al Marjan Island
Sunshine Bay, apartments in Al Marjan Island, Ras Al Khaimah, by Source of Fate Properties
Off-PlanApartments

Sunshine Bay

Al Marjan Island · Ras Al Khaimah · by Source of Fate Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 1.4M
entry price
Bedrooms
Studio-2BR
Apartments
Handover
Q1 2027
Off-Plan
Est. gross yield
On ask

Sunshine Bay is an apartment development by Source of Fate Properties in Al Marjan Island, Ras Al Khaimah. The project offers Studio to 2BR homes. Unit sizes run from 439 to 2,307 sqft. Launch pricing starts at AED 1,400,000. The published payment plan is 80/20, with the split confirmed by the developer at reservation. Handover is scheduled for Q1 2027. Amenities include parking spaces, swimming pool, kids play area, barbeque area. Ras Al Khaimah is freehold for all nationalities, with no annual property tax, and a purchase at AED 2 million or above supports a ten year Golden Visa.

Why it makes the list
  • Launch price from AED 1,400,000
  • 80/20 payment plan
  • Handover Q1 2027
  • Studio-2BR homes
Payment structure
80/20
Modelled on entry price AED 1.4M

Payment plan as published on the developer's project listing. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Sunshine Bay: the down payment plus government and trustee costs, before the mortgage question.
Down payment0%
AED 140,000
DLD fee4%
AED 56,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 200,500
Down payment 0% + DLD 4% + trustee. Indicative, not financial advice.
Location
Al Marjan Island · Ras Al Khaimah
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SO
Developer
Source of Fate Properties
Data provenance

Details for Sunshine Bay are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Source of Fate Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

Same set · Ras Al Khaimah

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