Fortune Bay Residences in Al Marjan Island
Fortune Bay Residences · Al Marjan Island, Dubai
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Launch Price
AED 2.5M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
20/30/50
Handover
Q4 2026
Projected Yield
6.6 to 9.2%
Fortune Bay Residences introduces 1 - 3 beds apartments to Al Marjan Island, Ras Al Khaimah, starting from AED 2.5M. The payment plan is 20/30/50: 20% secures the unit, 30% is paid during construction, and 50% falls due at handover in Q4 2026. Gross rental yield is projected 6.6 to 9.2% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Fortune Bay Residences and similar projects across Ras Al Khaimah based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 83,333/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 500,000 Due on signing SPA |
|
| During Construction | 30% | AED 83,333/mo 9 monthly instalments |
|
| On Handover | 50% | AED 1,250,000 Due at Q4 2026 |
|
| Total | AED 2,500,000 | ||
On Booking
20%
AED 500,000
Due on signing SPA
During Construction
30%
AED 83,333/mo
9 monthly instalments
On Handover
50%
AED 1,250,000
Due at Q4 2026
Total
100%
AED 2,500,000
Questions about Fortune Bay Residences
What payment plan does Fortune Bay Residences offer?
Fortune Bay Residences uses a 20/30/50 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2026.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Fortune Bay Residences fits your budget and send you comparable alternatives.
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