Fortune Bay Residences Al Marjan Island
Fortune Bay Residences is a boutique beachfront development by Topero Properties on Island 2 of Al Marjan Island in Ras Al Khaimah.
The project contains only 180 fully furnished 1, 2, and 3-bedroom apartments within a ground-plus-nine-floor residential building. Fortune Bay combines direct access to a private residents-only beach with spacious layouts, large terraces, high ceilings, and selected views toward Wynn Al Marjan Island.
Current Fortune Bay Residences prices start from approximately AED 2,900,000, equivalent to around USD 790,000, for selected 1-bedroom apartments. Prices vary according to the apartment size, floor, terrace, orientation, and view.
Fortune Bay Residences Project Details
- Project: Fortune Bay Residences
- Developer: Topero Properties
- Location: Island 2, Al Marjan Island
- Emirate: Ras Al Khaimah
- Property type: Beachfront residential apartments
- Building: Ground floor plus nine residential floors
- Total residences: 180
- Unit mix: 1, 2, and 3-bedroom apartments
- 1-bedroom apartments: 99 residences
- 2-bedroom apartments: 63 residences
- 3-bedroom apartments: 18 residences
- Furnishing: Fully furnished
- Beach: Direct private residents-only beach
- Payment plan: Standard 50/50
- Post-handover plan: No standard post-handover plan
- Completion: Expected Q2 2027
- Service charge: Approximately AED 18 per sq ft
- Resale eligibility: Generally after 40% has been paid
- Short-term rentals: Permitted, subject to licensing and building rules
- Pet policy: Pet friendly
- Wynn Al Marjan Island: Approximately six minutes by car
Fortune Bay Residences Prices
Current Fortune Bay Residences prices start from approximately AED 2,900,000, equivalent to around USD 790,000, for selected one-bedroom apartments.
One-bedroom apartments currently start from approximately AED 2,900,000, or USD 790,000, with sizes ranging from around 982 to 1,513 sq ft.
Two-bedroom apartments currently start from approximately AED 4,050,000, or USD 1,100,000, with sizes ranging from around 1,407 to 2,262 sq ft.
Three-bedroom apartments currently start from approximately AED 8,250,000, or USD 2,250,000, with sizes ranging from around 2,462 to 3,365 sq ft.
Prices are indicative and may change as units are reserved, released, or offered under a promotion.
The price difference between Fortune Bay apartments is influenced by more than the number of bedrooms. Larger terraces, higher floors, direct sea exposure, sunset orientation, and views toward Wynn Al Marjan Island may carry a higher price.
Buyers should request the latest Fortune Bay availability list before selecting a unit because earlier launch prices shown in brochures may no longer reflect the apartments currently available.
Fortune Bay Apartments and Floor Plans
Fortune Bay floor plans include spacious 1, 2, and 3-bedroom apartments designed around large living spaces, private terraces, and waterfront views.
The project’s 1-bedroom apartments range from approximately 982 to 1,513 sq ft. This is larger than many compact 1-bedroom properties on Al Marjan Island and may appeal to buyers seeking a holiday home with more practical internal and outdoor space.
Two-bedroom apartments range from approximately 1,407 to 2,262 sq ft. These residences provide larger living and dining areas and may suit families, longer stays, or buyers who want an additional bedroom for guests.
Three-bedroom apartments range from approximately 2,462 to 3,365 sq ft. With only 18 three-bedroom residences planned, this is the most limited apartment category within Fortune Bay. The total advertised area may include a substantial terrace. Buyers should therefore compare the internal area and outdoor area separately when reviewing Fortune Bay floor plans.
A Boutique Development With 180 Residences
Fortune Bay Residences is positioned as a lower-density alternative to the larger resort towers and multi-building developments on Al Marjan Island.
The project includes:
- 99 one-bedroom apartments
- 63 two-bedroom apartments
- 18 three-bedroom apartments
Limiting the project to 180 residences may create a quieter residential environment and reduce the number of owners sharing the beach and common facilities.
The development is not a hotel-branded residence. It is a private residential project by Topero Properties, which may appeal to buyers who want a beachfront home without hotel rental restrictions or mandatory hotel participation.
Fortune Bay Private Beach
Fortune Bay Residences has direct access to a private residents-only beach.
This is an important distinction from developments that are located near a beach but require residents to walk through a wider community or use a public shoreline. The developer brochure positions the residences approximately 10 meters from the shoreline, with the building, terraces, and leisure areas oriented toward the surrounding water.
The private beach may appeal to end users seeking direct access to the sea as well as investors comparing beachfront apartments for short-term rental use in Ras Al Khaimah.
Fortune Bay Views
Fortune Bay apartments can have different outlooks depending on their position within the building.
Available orientations may include:
- Open-sea views
- Channel views
- Sunrise views
- Sunset views
- Selected Wynn-facing views
- Internal or community-facing views
Not every Fortune Bay apartment has a direct Wynn view. Buyers should confirm the exact stack, floor, terrace direction, and current view reference for the selected residence.
A lower-floor apartment may provide closer visual access to the beach, while a higher-floor property may offer a wider sea or island outlook.
Fully Furnished Fortune Bay Apartments
Fortune Bay apartments are planned to be delivered fully furnished and equipped with integrated appliances.
The interiors use a combination of natural-looking materials, neutral finishes, glass, stone, and wood-inspired details. Apartments are designed with ceilings of approximately 3.4 meters, supporting a more open internal environment.
Fully furnished delivery may reduce the time and initial cost required to prepare a property for personal use or rental. However, buyers should verify the final written furniture, appliance, lighting, sanitaryware, and kitchen schedule attached to the Sales and Purchase Agreement.
Marketing images are illustrative and should not replace the contractual furnishing specification.
Fortune Bay Payment Plan
The standard Fortune Bay Residences payment plan is structured as 50% during the purchase and construction period and 50% at handover.
The current standard schedule is:
- 5% on booking
- 15% on signing the Sales and Purchase Agreement
- 30% during construction
- 50% on handover
There is no standard post-handover payment plan under the 50/50 structure.
Selected apartments may be offered with different promotional terms, including a possible 40/60 payment structure or a unit-specific discount. Buyers should rely only on the approved sales offer issued for the exact apartment.
The booking payment, SPA deadline, construction installments, and handover balance should all be confirmed before making a reservation.
Fortune Bay Handover Date
The expected Fortune Bay Residences handover date is Q2 2027, subject to construction progress and the contractual terms of the SPA.
Buyers should review the contractual completion window rather than relying only on the marketing date. The SPA should explain any permitted extension period, completion notice, inspection process, final payment, and handover procedure.
For buyers planning to operate a furnished holiday home, the practical rental start date may also depend on snagging, utility activation, title registration, property-management setup, and short-term rental licensing.
Fortune Bay Service Charges
The indicative Fortune Bay service charge is approximately AED 18 per sq ft annually.
The final charge should be confirmed before handover because the approved community budget may change.
For an apartment of 1,000 sq ft, a service charge of AED 18 per sq ft would represent approximately AED 18,000 per year. Larger apartments and residences with extensive terrace areas may have higher annual ownership costs depending on how the chargeable area is calculated.
Buyers should confirm whether balconies and terraces are included in the service-charge calculation.
Reselling a Fortune Bay Apartment
Resale is generally permitted after 40% of the purchase price has been paid, subject to approval from Topero Properties and the terms of the SPA.
Owners considering a resale before completion should check:
- The required payment threshold
- Developer approval
- Administrative charges
- Outstanding installments
- NOC requirements
- Transfer procedures
- Any restriction on advertising or assigning the property
The resale terms written in the SPA will take priority over general marketing information.
Short-Term Rentals at Fortune Bay Residences
Short-term rentals are indicated as permitted at Fortune Bay Residences, subject to Ras Al Khaimah licensing requirements and the final building rules. The fully furnished delivery, private beach, large terraces, and proximity to Wynn Al Marjan Island may support the project’s appeal to holiday-home guests.
Rental-management support may also be available. Buyers should confirm:
- Management fee
- Revenue share
- Minimum contract period
- Owner-use restrictions
- Cleaning charges
- Booking-platform fees
- Maintenance responsibilities
- Furniture replacement costs
Any rental-return projection should be treated as an estimate and not as a guaranteed income.
Fortune Bay Location on Al Marjan Island
Fortune Bay Residences is located on Island 2 of Al Marjan Island in Ras Al Khaimah.
The location provides direct beachfront access while remaining connected to the island’s hotels, restaurants, leisure venues, and upcoming developments.
The developer brochure provides the following approximate travel times:
- Around six minutes to Wynn Al Marjan Island
- Around 10 minutes to Al Hamra Golf Club
- Around 25 minutes to Ras Al Khaimah International Airport
- Around 40 minutes to Dubai International Airport
- Around 60 minutes to central Dubai
Travel times are approximate and depend on traffic and the selected route.
Fortune Bay Near Wynn Al Marjan Island
Fortune Bay Residences is approximately six minutes by car from Wynn Al Marjan Island.
Selected apartments may have views in the direction of the Wynn resort, while other residences face the sea, channel, sunrise, or sunset.
The project is not directly connected to Wynn, and Fortune Bay owners do not receive automatic privileges at the resort. Its relevance is based on its nearby Island 2 location and the potential demand created by the wider growth of tourism and hospitality on Al Marjan Island.
Fortune Bay Amenities
The strongest lifestyle feature at Fortune Bay is its direct private beach and waterfront setting.
The development is also planned with residential leisure areas, a waterfront swimming pool environment, landscaped social spaces, and facilities intended for residents and their guests.
Because amenity schedules can be updated during construction, buyers should request the latest official list and confirm:
- Which facilities are residents-only
- Whether any amenities have additional charges
- The operating hours
- Guest-access rules
- Beach-use conditions
- Pet restrictions within shared areas
- Whether rental guests receive the same access as owners
Is Fortune Bay Residences a Good Investment?
Fortune Bay may suit buyers searching for a private-beach apartment in Ras Al Khaimah with larger layouts, fully furnished delivery, and proximity to Wynn Al Marjan Island.
Its main strengths are the limited collection of 180 residences, direct private beach, generous apartment sizes, large terraces, 3.4-meter ceilings, and selected Wynn-facing views.
The main considerations are the amount payable at handover, the absence of a standard post-handover plan, annual service charges, unit-specific view quality, and the final short-term rental management costs.
Fortune Bay may be more suitable for buyers who prioritize space, privacy, beach access, and a boutique residential environment. Buyers who prefer hotel branding, a lower entry price, or an extended post-handover payment plan should compare other Al Marjan Island developments.
Who Should Consider Fortune Bay Residences?
Fortune Bay Residences may suit end users seeking a spacious furnished beachfront home, families who need larger apartment layouts, and investors considering short-term rental property near Wynn Al Marjan Island.
It may also appeal to buyers who prefer a lower-density development rather than a very large resort or hotel-led residential community. The project may be less suitable for buyers seeking studios, small entry-level apartments, hotel-branded services, or a long post-handover payment plan.
Why Fortune Bay Residences Stands Out
Fortune Bay Residences stands out through its combination of a private residents-only beach, only 180 apartments, larger floor plans, fully furnished delivery, and a sea-open position on Island 2.
Many Al Marjan Island projects offer sea proximity, but not every development has its own private shoreline. Fortune Bay’s lower residential count may also provide a more private environment than larger developments containing several hundred residences. Its location near Wynn, Q2 2027 expected completion, and potential short-term rental use add to its positioning for buyers comparing beachfront apartments in Ras Al Khaimah.
Compare Fortune Bay Residences on RAKcompare
Fortune Bay Residences can be compared with other Al Marjan Island beachfront projects by current price, apartment size, beach access, furnishing, payment plan, service charge, view, handover date, and rental flexibility.
Current Fortune Bay prices start from approximately AED 2,900,000, equivalent to around USD 790,000.
Availability and promotions can change. Buyers should request the latest Fortune Bay unit list, floor plans, payment schedule, and sales offer before reserving.
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