Fortune Bay Residences

Fortune Bay Residences offers fully furnished 1, 2, and 3-bedroom apartments. Unit sizes range from 994 sq. ft to 3,365 sq. ft, with all layouts featuring sea-view balconies, powder rooms, and utility spaces.

The project is developed by Topero Properties, who drew design inspiration from Ras Al Khaimah's historical landmarks including Dhayah Fort and the Hajar Mountains. The architecture blends heritage aesthetics with energy-efficient, eco-conscious construction materials.

The complex is situated on Al Marjan Island in Ras Al Khaimah, RAK's premier waterfront destination. It sits 5 minutes by car from the Wynn Al Marjan Island resort, 25 minutes from RAK International Airport, and approximately one hour from Dubai.

Prices start from AED 2,500,000 for a 1-bedroom apartment. Units are delivered fully furnished, which adds significant value relative to comparable unfurnished projects in the area.

Topero Properties offers a 70/30 payment plan — 70% is paid during construction and 30% on handover. This structure allows buyers to manage cash flow while securing a fully furnished sea-view apartment ahead of Q4 2026 completion.

Handover is scheduled for Q4 2026. The proximity to the Wynn Al Marjan Island resort, opening in 2027, means residents and investors can benefit from rising demand in the area almost immediately after receiving their units.

Amenities include a luxury spa, world-class restaurant, beauty salon, 75-foot adult pool, a separate children's pool and playground, a fully equipped gym, and dedicated pilates and yoga zones. Residents also have direct private access to the beach.

As of Q4 2024, the average ROI on Al Marjan Island is 6%, with annual rents for 1-bedroom apartments starting from AED 42,000 (approximately USD 11,000). The upcoming Wynn resort is expected to drive tourism and push rental demand — and yields — higher from 2027 onward. Buyers of units priced at AED 2M or above also qualify for a 10-year UAE Golden Visa.