Fortune Bay Residences, located on Al Marjan Island, offers a seamless blend of Ras Al Khaimah’s rich heritage and modern living.
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Key details about Fortune Bay Residences at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of Fortune Bay Residences.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
Fortune Bay Residences plan lets you secure a premium unit with a modest upfront payment. During construction, your property can appreciate significantly — and you can even resell after paying 30% to the developer.
Detailed breakdown based on starting price AED 2,502,663
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 20% | AED 500,533 | Initial payment on booking | On booking |
| Installment 1 | 10% | AED 250,266 | Construction progress payment | 6 months |
| Installment 2 | 10% | AED 250,266 | Construction progress payment | 12 months |
| Installment 3 | 10% | AED 250,266 | Construction progress payment | 18 months |
| Installment 4 | 10% | AED 250,266 | Construction progress payment | 24 months |
| Installment 5 | 10% | AED 250,266 | Construction progress payment | 30 months |
| Handover Payment | 30% | AED 750,799 | Final payment upon key collection | Q1 2028 |
| Total | 100% | AED 2,502,663 | Full purchase price | |
* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.
Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with Fortune Bay Residences and know every unit, floor plan, and payment option inside out.
Pick the configuration that fits your investment goals.
Al Marjan Island is one of the UAE's premier investment destinations. With the Wynn Resort casino opening nearby in 2027, this area is set for explosive growth in tourism and property values.
Est. 2014 • Dubai, UAE
Topero Properties is a leading real estate developer known for crafting visionary concepts into luxurious living experiences. With a commitment to excellence, the company seamlessly integrates Emirati cultural heritage with modern sophistication, resonating with contemporary lifestyles. Beyond real estate, Topero Properties excels in diverse investments, project management, and strategic partnerships, ensuring sustainable growth and value creation.Their innovative approach reflects a dedication to quality and authenticity, designing spaces that embody elegance, functionality, and cultural significance. Trusted by stakeholders and residents alike, Topero Properties continues to set new benchmarks in the UAE’s real estate industry, delivering projects that inspire and endure.
View All Projects by Topero PropertiesRas Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.
AI-based studies predict up to 58% return on investment over five years for premium Ras Al Khaimah properties, driven by the Wynn Resort effect.
The first casino resort in the UAE, opening on Al Marjan Island in spring 2027. Property values in RAK already rose 20-35% in 2024.
UAE offers 0% income tax, 0% property tax, and 0% capital gains tax. Pay only a one-time 4% registration fee to the Land Department.
RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.
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