Fortune Bay Residences

Al Marjan Island 2, Ras Al Khaimah · by Topero Properties

Starting priceAED 2,840,000

Explore Al Marjan Island

See Fortune Bay Residences, locations & distance to Wynn.

View Interactive Map

Key Project Information

Official Project Name
Fortune Bay Residences
Location
Al Marjan Island 2, Ras Al Khaimah
Developer
Topero Properties
Property Type
Residential
Residential Units
180
Building Configuration
G+9
Residence Types
1 Bed, 2 Bed, 3 Bed
Furnishing
Fully Furnished
Beach Access
Direct Beach
Standard Payment Plan
5 / 35 / 605 / 35 / 60
Handover
Q2 2027
Short-term Rental
Allowed
Est. Service Charges
AED 18 / sq ft / yr
Resale
40%
Pets Allowed
Yes
Interactive Al Marjan Island Map
Exclusive advantageSpecial deals on certain units - Check with your Advisor

About

Fortune Bay Residences Al Marjan Island Fortune Bay Residences by Topero Properties is a boutique private-beach development on Al Marjan Island, Ras Al Khaimah. The project is limited to 180 fully furnished residences and combines large layouts, expansive terraces,…

About

Fortune Bay Residences Al Marjan Island

Fortune Bay Residences by Topero Properties is a boutique private-beach development on Al Marjan Island, Ras Al Khaimah. The project is limited to 180 fully furnished residences and combines large layouts, expansive terraces, approximately 3.4-metre ceilings and selected Wynn-facing views.

The supplied availability starts from AED 2,840,000for a 1-bedroom residence. Fortune Bay is positioned for buyers comparing private-beach apartments on Al Marjan Island, fully furnished residences near Wynn and new projects by Topero Properties in RAK.

Latest Fortune Bay Prices and Sizes

Developer availability snapshot: 20 listed residences across three categories, not the complete development inventory. All sizes are rounded to whole sq ft.

  • 1 Bed: AED 2,836,122–3,128,039; 982–1,124 sq ft; 10 listed units
  • 2 Bed: AED 4,049,827–4,296,298; 1,403–1,488 sq ft; 8 listed units
  • 3 Bed: AED 8,265,908–8,335,348; 2,460–2,481 sq ft; 2 listed units

The project has 180 residences overall. These availability figures represent only the units in the supplied list and may change.

A Boutique Collection of 180 Residences

The development comprises 99 one-bedroom apartments, 63 two-bedroom apartments and 18 three-bedroom apartments. Topero positions Fortune Bay as a lower-density alternative to larger resort towers, with privacy and a more residential atmosphere as central parts of the concept.

Private Residents-Only Beach

The developer brochure describes Fortune Bay as one of the select Al Marjan Island developments with its own private residents-only beach. It places the residences about 10 metres from the shoreline, with terraces and leisure areas designed around the surrounding water.

Fully Furnished Turnkey Apartments

All apartments are described in the brochure as fully furnished and delivered turnkey with selected furniture, high-quality finishes and integrated appliances. The interiors use a natural material palette and the apartments are designed with approximately 3.4-metre ceiling heights.

Views and Wynn Proximity

Every residence is designed around water views. Depending on the exact unit, outlooks may include open sea, channel, sunrise, sunset and selected Wynn-facing views. The brochure lists Wynn Al Marjan Island at approximately 6 minutes by car.

Fortune Bay Amenities

The amenity programme includes a 23-metre infinity pool, children's pool, kids play area, sea-view gym, yoga and Pilates zones, sauna, hammam, spa and wellness spaces, a signature restaurant, beachfront juice bar, café, fine dining and a wine and cigar club.

Fortune Bay Payment Plan and Handover

Payment plan: 5 / 35 / 60. Pay 5% on booking, 15% on SPA, 10% four months from booking, 10% nine months from booking, and 60% on handover. The RAK registration charge is 4% of the property net price, with an additional AED 3,000 Oqood fee. The existing CMS handover estimate is Q2 2027; the supplied unit offers do not specify an exact completion date.

About Topero Properties

Fortune Bay Residences is developed by Topero Properties. The current brochure includes a buyer letter from founder Igor Snegurov and presents Fortune Bay as a deliberately limited beachfront community focused on space, privacy, turnkey quality and direct connection to the sea.

Who May Prefer Fortune Bay?

  • Buyers seeking a private-beach residence on Al Marjan Island
  • Families wanting larger 1, 2 or 3-bedroom layouts
  • Owners who prefer fully furnished turnkey delivery
  • Buyers comparing residences near Wynn without a hotel-branded ownership structure
  • Investors prioritising lower-density supply and large terraces
More from RAKcompare

Explore More Property Guides

CONNECT & COMPARE

Get Project Details & Explore Market Prices

Check Project Availability

Ask about current availability, floorplans, prices and payment plans for this project.

Market Prices by Area

Compare property prices and payment plans across Al Marjan Island, Marjan Beach, Al Hamra and RAK Central.

View Market Prices
Residences & availability

Prices & Floorplans

Floorplans
UnitsPrice rangeSize rangesq ftAvg. price/ sq ftFloorplansCheck AvailabilityPayment plan
1 BedPayment plan: 5 / 35 / 60AED 2.84M to AED 3.13M982 – 1,124AED 2,832Payment Plan5 / 35 / 60i
2 BedPayment plan: 5 / 35 / 60AED 4.05M to AED 4.3M1,403 – 1,488AED 2,886Payment Plan5 / 35 / 60i
3 BedPayment plan: 5 / 35 / 60AED 8.27M to AED 8.34M2,460 – 2,481AED 3,359Payment Plan5 / 35 / 60i
Interested in this project?

Check current availability and offers

Get the latest prices, floor plans and developer incentives.

Fortune Bay Residences Payment Plan and Cost

Fortune Bay Residences · Based on an average unit price of AED 2,990,000

1 Bed
Starting PriceAED 2,840,000
Illustrative Average PriceAED 2,990,000
iInstalments and fees below use this amount, not the starting price.
Land Dept. Fee · 4%AED 119,600
Admin feeAED 3,000
Total purchase costAED 3,120,000
Payment schedule
Down payment2026
5%AED 150K
During constructionInstalments relative to booking
35%AED 1.05M
On handoverQ2 2027
60%AED 1.79M
5%AED 150K
Down payment2026
35%AED 1.05M
During constructionInstalments relative to booking
60%AED 1.79M
On handoverQ2 2027
Annual service charge: AED 18,954Illustrative figuresFees shown separately from instalment amounts

Trade-offs to know

  • Annual cash-flow projections assume booking this month. Instalments remain due relative to booking; confirm the final schedule against the expected handover.
  • Fully Furnished: confirm the final furniture and appliance schedule for the selected unit.
  • Beach: Direct Beach.
  • Short-term (holiday home) rental is allowed.
  • Resale allowed once 40% has been paid.
  • A limited-time developer offer currently applies.

Amenities

Facilities listed in the project record.

Wellness & Leisure

23-Meter Infinity Pool
Children's Pool
Sea-View Gym
Yoga Zone
Sauna
Spa & Wellness Spaces

Dining & Social

Signature Restaurant
Beachfront Juice Bar
Wine & Cigar Club
Coastal Café
Fine Dining

Family & Recreation

Kids Play Area

Outdoor & Beach

Private Residents-Only Beach
Landscaped Waterfront Areas

Lifestyle & Convenience

Pilates Zone
Hammam

Project Media

project video, brochure, construction update and interactive Al Marjan Island map in one place.

Interactive Al Marjan Island MapExplore Al Marjan Island and nearby landmarks

Your location at a glance

Key destinations within easy reach.

Drive to Wynn5 mins
Al Hamra Golf Club10 mins
RAK International Airport25 mins
Road distance to Wynn2.9 km

RAKcompare score

Overall score22.5/24
Location3/3
Views3/3
Beach access3/3
Amenities2/3
Payment plan2.5/3
Value per sq ft3/3
Developer track record3/3
Construction progress3/3

RAKcompare score out of 3, based on our advisors' assessment.

Buyer questions answered

Fortune Bay Residences FAQs

Key answers on pricing, ownership, payment plans, resale and availability.

Where is Fortune Bay Residences located?

Fortune Bay Residences is on Al Marjan Island in Ras Al Khaimah, with direct access to a private residents-only beach. The developer brochure lists Wynn Al Marjan Island at approximately 6 minutes by car.

Who is the developer of Fortune Bay Residences?

Fortune Bay Residences is developed by Topero Properties. The developer brochure is signed by founder Igor Snegurov and positions the project as a boutique collection of 180 residences.

How many residences are in Fortune Bay?

Fortune Bay has 180 residences: 99 one-bedroom apartments, 63 two-bedroom apartments and 18 three-bedroom apartments.

What are the latest Fortune Bay prices and sizes?

The supplied availability list has 10 one-bedroom units from AED 2,836,122 to 3,128,039 and 982–1,124 sq ft; eight two-bedroom units from AED 4,049,827 to 4,296,298 and 1,403–1,488 sq ft; and two three-bedroom units from AED 8,265,908 to 8,335,348 and 2,460–2,481 sq ft. These are listed available units, not total project inventory. Sizes are rounded to whole square feet.

What is the Fortune Bay payment plan?

The developer sales offers confirm 5 / 35 / 60: 5% booking, 15% SPA signing, 10% four months after booking, 10% nine months after booking, and 60% on handover. There is no post-handover instalment in this plan. The registration fee is 4% plus AED 3,000 Oqood fee.

When is Fortune Bay expected to hand over?

The current project information targets Q2 2027 for handover, subject to the SPA and construction progress.

Does Fortune Bay have a private beach?

Yes. The brochure describes Fortune Bay as a private residents-only beachfront development and states the shoreline is about 10 metres from the residences.

Are Fortune Bay apartments fully furnished?

Yes. The brochure states that all apartments are fully furnished and delivered turnkey with selected furniture, high-quality finishes and integrated appliances.

What are the ceiling heights at Fortune Bay?

The brochure states approximately 3.4-metre ceiling heights, designed to increase the sense of space and natural light.

What amenities are included at Fortune Bay?

Amenities shown in the brochure include a 23-metre infinity pool, children's pool, kids play area, sea-view gym, yoga and Pilates zones, sauna, hammam, spa and wellness spaces, a signature restaurant, beachfront juice bar, café, fine dining and a wine and cigar club.

Do Fortune Bay apartments have Wynn views?

Selected residences have views toward Wynn, while other homes are positioned for sea, channel, sunrise or sunset views. Buyers should verify the exact unit, stack, floor and terrace orientation before reserving.

How far is Fortune Bay from Wynn Al Marjan Island?

The developer brochure lists Wynn at approximately 6 minutes by car from Fortune Bay Residences.

What makes Fortune Bay different from larger Al Marjan projects?

Fortune Bay is intentionally boutique, with only 180 residences, a private residents-only beach, larger layouts, broad terraces and 3.4-metre ceilings. The brochure emphasises lower density, privacy and panoramic water exposure.

What is the service charge at Fortune Bay?

The current comparison uses approximately AED 18 per sq ft per year. This figure is not stated in the supplied brochure, so buyers should confirm the final approved service charge before purchase and handover.

Can Fortune Bay be used for short-term rentals?

The current project record indicates short-term rentals are permitted, subject to Ras Al Khaimah licensing and final building rules. The supplied brochure describes the residences as suitable for personal use or rental from day one but does not set out the licensing terms.

Can I resell a Fortune Bay apartment before handover?

The current project record uses resale eligibility after 40% of the purchase price has been paid, subject to developer approval and the SPA. The supplied brochure does not restate this threshold, so the signed documents take priority.