Sunshine Bay
Sunshine Bay, by Source of Fate Properties, is a 12-story luxury residential project on Al Marjan Island, Ras Al Khaimah. Featuring 240 spacious apartments with breathtaking Gulf views, this sailboat-inspired architectural gem blends modern design, sustainability, and a tranquil coastal ambiance, offering premium amenities and seamless island living close to urban conveniences.
Starting at 980,000 AED ($267,000)
Purchase directly from the developer, without brokerage fees!
Enjoy the benefit of 0% interest on your payment plan
3-Year Payment Plan!
Sunshine Bay offers a great investment opportunity that allows you to earn a good return on rent. You also have the option to sell the property and earn capital gains, even during the development period, once you have paid at least 30% to the developer company.
10%
Secure your unit with an initial down payment.
30%
Make periodic payments during the development phase of the project.
60%
On Handover. 100% Completion.
4%
As per regulations, there is a one-time payment to the Land Department for property registration.
Modern lifestyle
What does the Sunshine Bay project offer?
Sailboat-Inspired Design
A striking architectural concept inspired by yachts, featuring sleek lines, undulating balconies, and elegant contemporary aesthetics.
Eco-Friendly Living
Sustainable design with lush greenery, biophilic elements, and innovative water features for a refreshing environment.
Premium Gulf Views
240 spacious apartments offering stunning vistas of the Arabian Gulf, ensuring tranquility and unmatched beauty.
World-Class Amenities
State-of-the-art gym, children’s play areas, rooftop garden, pool, and a stylish lobby café for ultimate comfort.
Strategic Location
Situated on Al Marjan Island, less than an hour from Dubai International Airport, with proximity to major attractions.
Flexible Payment Plans
Structured payment options including post-handover installments, making luxury living accessible to diverse buyers.
Sunshine Bay, developed by Source of Fate Properties, is a premium residential project located on the picturesque Al Marjan Island, Ras Al Khaimah. Designed as a 12-story architectural masterpiece inspired by the silhouette of a sailboat, it offers a perfect blend of luxury, modern aesthetics, and coastal tranquility.The development features 240 spacious apartments, ranging from studios to 2-bedroom units, each boasting stunning views of the Gulf.
Sustainability is at the core of Sunshine Bay, incorporating biophilic design elements, lush greenery, and innovative water features that enhance its eco-friendly charm.Residents enjoy state-of-the-art amenities, including a lobby café, fitness facilities, children’s play areas, an expansive pool, and a rooftop garden with panoramic views. Located less than an hour from Dubai International Airport and near major attractions, Sunshine Bay combines the best of island living and urban convenience, redefining luxury with sophistication and sustainability.
Watch the Sunshine Bay Video
Photo Gallery
3 Years Until the Key Handover!
- Developer Company: Fate Properties
- Completion Date: Q1 2027
- Project type: Residential building (Off-Plan)
- Location: Al Marjan Island, Ras al Khaimah
1, 2, 3, 4 and 5-bedroom apartments
Various options to choose from
Studio Unit
Starting at 1,289,000 AED
1-Bedroom
Starting at 1,988,888 AED
2-Bedroom
Starting at 2,988,888 AED
Easy access to all points in Ras al Khaimah
Short distance to all possible destinations
Al Hamra Mall
10 minutes by car
Flamingo Beach
15 minutes by car
Rak Airport
15 minutes by car
Dubai Airport
45 minutes by car
The Casino City of the UAE
Ras al Khaimah, a city poised for transformation, anticipates a tourism boom with the Middle East’s first casino opening in 2027. This development promises to elevate property values and increase tourist footfalls. Nestled in the UAE, Ras al Khaimah boasts pristine beaches, rugged mountains, and a rich cultural heritage. With burgeoning tourism, it’s an ideal destination for investors and tourists alike. Enjoy the blend of tradition and modernity as this city transforms into a vibrant global hub, making it an attractive choice for property investments with promising returns in the near future.
Location on the map
High return potential!
How can you make a profit from investing in the project?
Rental income
Rent prices in Dubai have jumped by 28.5% in the past year alone. A quiet, family-friendly neighborhood with parks, schools, and shopping areas will always attract families, couples, and individuals looking to rent a studio or apartment for the long term. You can use a property management company to take care of all the maintenance and management. You just have to sit back and relax.
Resale after key delivery
Dubai's population, which currently stands at 3.6 million (an increase of 1.4% in one year), continues to grow steadily, with the number expected to reach 5.8 million by 2040. More and more foreigners are moving to Dubai and looking to buy a ready-to-move-in apartment.
Flip deal
The developer company allows you to sell the property during its development phase after paying 40% + 4% to the Dubai Land Department (DLD). You don't have to wait for the development to be completed in Q4 2026. You can sell it after a year for a higher price.
Investment for living in Dubai
If you buy a property worth more than $205,000, you can get a residence visa simply because you have a property in Dubai. Many people do this because of the high standard of living, low crime rate, and opportunities that Dubai has to offer for workers and business people.
Full guidance from a professional agent throughout the purchase process
An easy and swift
purchasing process!
#1 Choosing the Right Unit
#2 Reserving the Unit
#3 Signing the Online Contract
#4 Making the Down Payment
Payment Solutions Selection
Payment Options
Bank Transfer
Direct bank transfer to escrow bank account.
Credit Card Payment
Payment via credit card through the link provided by Fate Properties.
Cash Payment
Cash can be directly handed over at the developer company's offices.
External Company
Transfer to a local bank account of Covercy company.
Cryptocurrency Payment
Transfer of payment using digital currencies.
Interest-Free Payments for 3 Years
Payment Plan
10%
30%
20%
40%
Leading projects with availability of units for investment
Other projects from Samana
Samana Skyros
Starting at $220,000 USD
IVY Gardens
Starting at $265,000 USD
Waves Phase II
Starting at $181,000 USD
About The Developer
Fate Properties
Source of Fate Properties is a leading real estate developer celebrated for transforming visionary concepts into exquisite residential communities. Known for their commitment to luxury, innovation, and sustainability, they craft projects that redefine modern living standards. Beyond real estate, the company’s expertise spans diverse investments, project and capital management, and fostering strategic partnerships.
This multifaceted approach ensures long-term value and growth for stakeholders. With a focus on blending architectural brilliance with functionality, Source of Fate Properties delivers homes that cater to the evolving needs of discerning buyers. Their projects stand as a testament to quality, elegance, and customer satisfaction.
FQA
Frequently Asked Questions
When you purchase a property, you pay a one-time fee of 4% of its price to the Land Department. You do not pay any taxes on profits when you decide to sell the property. The entire return on the property’s appreciation is yours!
Several payment options are available for purchasing a property in the project. You can pay in cash, use cryptocurrencies, credit cards, or make a bank transfer. In UAE, there is no limit on the amount of cash, and there is no need to declare the source of the funds. Important: the payment goes directly to the construction company and not through the real estate agent!
Yes, definitely. When you purchase the property, you become the owner of the property and the land forever until you decide to sell it.
The funds you transfer to the construction company are held in an escrow account with bank support, ensuring the safety of investors’ funds until the property is delivered. In UAE, there are strict government oversight, control, and enforcement mechanisms in place to fully protect investors’ funds. You do not need to open a bank account or get involved in the matter as everything is handled by the construction company.
No, there is no need. In UAE, there is a uniform property purchase contract for all construction companies, which cannot be changed.
We are here to help you!
Do you have a question? We are happy to provide you with full advice and support without any obligation!
Easy and fast purchase with the support of a professional agent!
Why choose us?
- Quick response to all your inquiries and questions.
- Full support throughout the purchase process.
- Assistance in choosing the right investment strategy.
- Help in selecting the most affordable unit.
- Guidance for future property renting or selling.
- Arrangement of a visit to sales center in Dubai, if needed.
- Full assistance in property registration with the Land Department.
- Regular updates during the project's development period.
- Support in obtaining a residence permit and opening a bank account, if required.
- No brokerage commission.
Choose us for a hassle-free and professional purchasing experience. Let us assist you every step of the way.