Off-plan
Sunshine Bay
by The Source of Fate Real Estate Development in Al Marjan Island
From AED 980,00040/60 payment planHandover Q1 2027
- From
- AED 980,000
- Handover
- Q1 2027
- Homes
- Studio to 2 bed
- Sizes
- 439 to 2,307 sq ft
- Payment plan
- 40/60
About Sunshine Bay
The Source of Fate Real Estate Development builds Sunshine Bay, a sailboat-inspired apartment complex on Al Marjan Island, Ras Al Khaimah, with one- and two-bedroom homes.
The apartments range from 790 to 2,307 square feet. The development has 240 units.
Amenities include an indoor swimming pool, landscaped gardens, gymnasium, and children's pool. A barbecue area, yoga room, jacuzzi and steam facilities, and rooftop garden are also on the grounds.
Sunshine Bay sits on Al Marjan Island in Ras Al Khaimah, a waterfront resort community. The island is known for its beaches and scenic setting.
Homes
Payment plan
- 10%Down payment
- 30%During construction
- 20%On handover
- 40%Post handover
Amenities
- Indoor pool
- Children's pool
- Jacuzzi
- Gym
- Yoga and meditation
- Children's play area
- Landscaped gardens
- Barbecue area
Construction and dates
- Planned handover
- Q1 2027
Location
About Al Marjan Island
Al Marjan Island in Ras Al Khaimah contains apartments, duplexes, penthouses, villas, and townhouses built by multiple developers.
Sunshine Bay is a freehold project.
Masterplan
The 12-story building integrates landscaped gardens and a rooftop garden throughout its design. Biophilic elements and sustainability features extend across the grounds.

Brochure
Questions about Sunshine Bay
- What is the price of Sunshine Bay?
Sunshine Bay starts from AED 980,000, as of 24 September 2026. By home: Studio Apartment from AED 980K; 1 Bed Apartment from AED 1.4M; 2 Bed Apartment from AED 2.49M.
- Is Sunshine Bay expensive for Al Marjan Island?
From AED 2,233 a square foot, against a median of AED 2,935 for 38 new projects in Al Marjan Island.
- What is the payment plan for Sunshine Bay?
The developer’s payment plan for Sunshine Bay is 40/60: 10% down payment, 30% during construction, 20% on handover and 40% post handover, as of 24 September 2026.
- When is Sunshine Bay handed over?
Handover is planned for Q1 2027.
- Are there floor plans for Sunshine Bay?
Yes. The floor plans for Studio Apartment, 1 Bed Apartment and 2 Bed Apartment are on this page under Homes.
About the developer
The Source of Fate Real Estate Development
3 projects selling in the UAE · founded 2024
About The Source of Fate Real Estate Development
The Source of Fate Real Estate Development builds apartments in Al Marjan Island. The company prioritises modern design and sustainable construction.
Also by The Source of Fate Real Estate Development in Al Marjan Island: Miraggio, Miraggio Phase 2 by Source Of Fate




