Sunshine Bay
Ras Al Khaimah · Al Marjan Island · Sunshine Bay
Sunshine Bay is an apartment development by The Source of Fate Real Estate Development in Al Marjan Island, Ras Al Khaimah. Prices start at AED 980,000. Homes are studio to 2 bedroom apartments, from 790 to 2,307 square feet. The development is under construction, with handover scheduled for Q1 2027. Ownership is freehold.
Key facts
- Handover
- Q1 2027
- Status
- Under construction
- Ownership
- freehold
- Property types
- apartment
- Availability
- Available
Payment plan
Standard
10%
Down payment
30%
During construction
20%
On handover
40%
after handover
During construction, in five instalments
- at 30% construction5%
- at 50% construction5%
- at 70% construction5%
- at 90% construction5%
- Instalment 510%
after handover, in four instalments
- 6 months from booking10%
- 12 months from booking10%
- 18 months from booking10%
- 24 months from booking10%
Available units
| Type | Area (sqft) | Bathrooms | Layouts | Starting price |
|---|---|---|---|---|
| Studio | On request | 1 | 7 | AED 980,000 |
| 1 bedroom | 790 - 1,538 | 2 | 8 | AED 1,400,000 |
| 2 bedroom | 1,342 - 2,307 | 2 | 8 | AED 2,490,000 |
Amenities
- Yoga room
- Jacuzzi & Steam
- Landscaped Gardens
- Gymnasium
- Indoor Swimming Pool
- Children's Play Area
- Barbecue Area
- Children's Pool
Location
Sunshine Bay sits in Sunshine Bay.
Master plan
The developer’s own site plan for Sunshine Bay, showing how the buildings, roads and open space sit together.
How Sunshine Bay compares
Entry here is AED 980,000, against a median of AED 1.8M across the 67 priced projects in Al Marjan Island, which puts it above 3 of them and below 63. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q1 2027, alongside 132 other projects completing in the same quarter. The Source of Fate Real Estate Development has 3 projects in our catalogue, 3 of them in Al Marjan Island.
Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.
What you pay, and when
The published payment plan is 10% on booking, 30% during construction, 20% at handover and 40% after handover. The 30% due during construction falls in five instalments of 5% to 10%. At the AED 980,000 entry price, that is AED 98,000 to reserve a unit, AED 294,000 across the build, and AED 196,000 due on completion.
What the entry price works out at
The cheapest unit with a published size is 790 square feet at AED 1,400,000, which works out at AED 1,772 per square foot. Stated sizes run from 790 to 2,307 square feet.
Ownership and residency
Sunshine Bay is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa, though 2 bedroom units here start at AED 2,490,000 and clear it on their own.
Who it suits
The development is apartments in studio to 2 bedroom layouts.
What is on site
Shared facilities recorded for Sunshine Bay lead with yoga room, jacuzzi & steam and children's pool, alongside the landscaped gardens, gymnasium, indoor swimming pool, children's play area and barbecue area that most Dubai developments carry. 23 floor plans are published for it.
Frequently asked
What is the starting price at Sunshine Bay?+
Sunshine Bay starts at AED 980,000. The cheapest unit with a published size is 790 square feet, which is AED 1,772 per square foot.
When does Sunshine Bay hand over?+
Sunshine Bay is scheduled to hand over in Q1 2027, alongside 132 other projects we track in the same quarter.
What is the payment plan at Sunshine Bay?+
The published plan at Sunshine Bay is 10% on booking, 30% during construction, 20% at handover and 40% after handover, so AED 98,000 reserves a unit at the AED 980,000 entry price.
What sizes are available at Sunshine Bay?+
Sunshine Bay is apartments in studio to 2 bedroom layouts, from 790 to 2,307 square feet.
Can a foreign buyer own a home at Sunshine Bay?+
Sunshine Bay is freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 threshold for the 10 year UAE golden visa.
Which community is Sunshine Bay in?+
Sunshine Bay is in Al Marjan Island, Ras Al Khaimah. We track 71 projects in Al Marjan Island.
Who is building Sunshine Bay?+
Sunshine Bay is developed by The Source of Fate Real Estate Development, who have 3 projects in our catalogue.
Before you commit
Ask about Sunshine Bay
Payment plan, availability, floor plates, or a viewing of the show unit. It reaches an advisor with this project already attached, so the first reply answers the question rather than asking which one you meant.
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Sunshine Bay is an off-plan development by The Source of Fate Real Estate Development in Al Marjan Island, priced from AED 980,000 with handover in Q1 2027. See more The Source of Fate Real Estate Development projects or all 71 off-plan projects in Al Marjan Island. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.