Projects·Ras Al Khaimah·Al Marjan Island

Off-PlanApartments

Sunshine Bay

Al Marjan Island · Ras Al Khaimah · by Source of Fate Properties

Details are indicative, confirm with our desk before transacting

4 photos of Sunshine Bay. Renders and photography supplied by Source of Fate Properties.

Price from

AED 1.4M

entry price

Bedrooms

Studio-2BR

Apartments

Handover

Q1 2027

Off-Plan

Est. gross yield

On ask

Sunshine Bay sits in Al Marjan Island, Ras Al Khaimah, an apartment project from Source of Fate Properties, built out as Studio-2BR. Of the 52 priced Al Marjan Island projects on file, 3 start at AED 1,400,000, this one among them. AED 1,150,000 to AED 4,720,000 was the live spread over 6 units at our September 2026 check.

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

Open in Google Maps →

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 Spotted something out of date?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

More projects worth pricing

Browse all →

Off-Plan

Al Marjan Island

Sunshine Bay

More projects worth pricing

Miraggio

Tonino Lamborghini Residences (Al Marjan Island)

Rosso Bay Residences