Fortune Bay Residences
Off-Plan

Fortune Bay Residences

From AED 2.84M·Handover Dec 2026·20% down payment Payment
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AED 2.84M
Starting Price
Dec 2026
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Fortune Bay Residences is a luxury building from developer Topero Properties. This project embodies the unique heritage of the region, combining tradition, natural landscapes and modern comfort. The building consists of two basement floors, a ground floor and nine residential floors. Apartments with 1, 2 or 3 bedrooms are available for sale. Fortune Bay Residences is inspired by ancient forts and the majestic Hajar Mountains. Architectural elements include traditional patterns and minimalistic designs that reflect the spirit of the Emirate. Zigzag mountain shapes are integrated into the interior through wall textures, lighting and ceiling details, creating a harmonious space. Residents of Fortune Bay Residences can enjoy a luxury spa, a world-class restaurant, and a beauty salon. There is also a 23-meter swimming pool for adults, a separate children's pool, a play area for children, a gym and a pilates and yoga space. Just a few steps away is the private beach, which creates the perfect balance between relaxation and an active lifestyle. Fortune Bay Residences is conveniently located in the picturesque Emirate of Ras Al Khaimah on Al Marjan Island. Wynn Casino is just 6 minutes 'walk away, while Camel Farm is 17 minutes' walk away. Due to its strategic location, residents can easily reach SHJ Airport in 28 minutes.

Project Specifications
DeveloperTopero Properties
LocationAl Marjan Island
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaAl Marjan Island
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 122,379 / year
Cash-on-Cash
2.2%
Levered cashflow AED 28,787
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 184,348 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Fortune Bay Residences launch basis3,151AED 2.84MCurrent launch / asking basis
Al Marjan Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Marjan Island premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Fortune Bay Residences official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Topero Properties.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
Central A/C
Children’s pool
Concierge Service
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Kids Play Area
Leisure areas
Lift
Lobby
Parking
Prayer room
Private beach access
Retail outlets
SPA
Sauna
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Smart home
Social zone
Walking paths
Yoga studio

Location

Al Marjan Island

Nearby Destinations

Dubai Miracle Garden — 5 mins
Butterfly Garden — 5 mins
Mall of the Emirates — 12 mins
Dubai Hills Mall — 10 mins
Al Marjan IslandAl Marjan IslandDubai, UAE

Developer Track Record

01

Fortune Bay Residences by Topero Properties

02

Located in Al Marjan Island

03

Starting from AED 2,836,122

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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