Seafront Apartments Near the First Casino Resort in the UAE. Sunshine Bay is situated in a prime location on the islands of Ras Al Khaimah, making it ideal for investment through rental or resale. The payment plan includes 60% upon handover.
Sunshine Bay by Source of Fate Properties consists of 12 residential floors housing 240 apartments equipped with kitchen appliances. The project is located on Treasure Island, part of the artificial archipelago Al Marjan Island in Ras Al Khaimah. Sunshine Bay’s internal infrastructure includes a swimming pool, fitness area, and play areas, while its proximity to Pullman Resort and the future Wynn Al Marjan Island casino resort makes it attractive for investors.
Sunshine Bay, Al Marjan Island
The Sunshine Bay residential complex is located on Al Marjan Island, an artificial archipelago renowned for its resorts and prestigious residential properties. The project occupies a central position on Treasure Island, providing easy access to entertainment and tourist facilities, including the UAE's first casino resort, Wynn Al Marjan Island, set to open in 2026. This development is expected to increase property values on the island, making investments especially profitable. Average rental yields on Al Marjan Island were around 9% from 2022 to 2024, an excellent figure for investors.
Nearby transport hubs include Ras Al Khaimah International Airport (30-minute drive) and Dubai International Airport (60-minute drive). A public transport stop is just a few minutes from the complex, ensuring convenient connectivity to the mainland of the emirate.
Close facilities include Al Hamra Mall (10-minute drive), prestigious educational institutions such as RAK Academy – British School Al Hamra (12 minutes), and medical facilities like Al Afia Medical Center (15 minutes).
| Price from | AED 980,000 |
|---|---|
| Handover | Q1 2027 |
| Status | Off-plan |
| Developer | Source of Fate |
| Community | Al Marjan Island |
| Emirate | Ras Al Khaimah |
| Property type | Apartment, Studio |
| Bedrooms | Studio, 1, 2 |
Facts updated: 2025-01-30
during construction
on handover
980,000AED
Sunshine Bay stands out for its modern, maritime-inspired architecture. Each apartment has spacious balconies with flowing lines, creating a sail-like effect, with wooden finishes reminiscent of yacht decks.
The complex offers a smart design that ensures sea views for most apartments, thanks to angled balconies.
The development includes modern sports and wellness areas, along with a stylish lobby featuring greenery that enhances the microclimate.
The developer offers a flexible 40/60 payment plan, allowing investors to manage their investments efficiently.
Artur Galliamov
Emirabiz
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