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Bab Al Bahr is a residential complex with over 500 apartments developed by Al Hamra Real Estate Development. The apartments are designed to create a united closed community with world-class amenities. Studio surface areas start at 430 sq. ft, while one-bedroom apartment surface areas start at 559 sq. ft.
The residential complex is located on the Al Marjan Island and is surrounded by white-sand beaches of the Persian Gulf. The apartments have everything to provide comfortable living for families with children. Each apartment is equipped with a centralized air conditioning system, a full kitchen furniture set, and sliding door wardrobes.
Community swimming pool and children’s playground
Gate access control system with round-the-clock security
Bar at the swimming pool and a diner
Fitness center and gym
Themed swimming pools
Children’s playground and play center
Closed parking for 800 vehicles with round-the-clock security
The residential complex consists of three pyramidal buildings. The buildings are surrounded by gardens, green spaces, and racetracks, and there’s a large outdoor swimming pool right in the middle of the complex.
Property for sale in Bab Al Bahr includes studio apartments, apartments with 1, 2, and 3 bedrooms, and penthouses. All apartments have balconies, terraces, or open areas that provide a captivating view of the Persian Gulf, the Al Marjan island, and the Ras Al Khaimah beach.
Studios and 1-3BR apartments from 430 sq. ft to 2637 sq. ft are sold in the complex at prices starting at AED 224 999 or about USD 61 000. Penthouses of the complex have a surface area of 3444 sq.ft and cost from AED 2.9 million or about USD 790 000.
The complex is located on Al Marjan Island. Besides residential apartments, there are 3 five-star hotels on the territory: Rixos Bab Al Bahr, Hilton by Double Tree, and Marjan Island Resort and Spa.
Bab Al Bahr is located 40 minutes away from Ras Al Khaimah International Airport, 70 min from Dubai International Airport and 90 minutes from Al Maktoum International Airport.
To understand the profitability of the purchase of Bab Al Bahr apartments, let’s try to calculate the ROI percentage. For example, 1-bedroom apartment with a surface area of 430 sq. ft costs AED 467 321. The rental price of the same apartment is AED 38 000 annually.
Return on investment is essentially the ratio of income and expenses. Rent represents income. As for expenses, they include the registration fee (AED 4000 fixed) and the Dubai Land Department fee (2% of the price, which is AED 9346 in our case) as well as housing maintenance costs (if it’s AED 5.5 per square foot, then the total cost will sum up to about AED 2400 annually).
Considering the data that we have, ROI = (38,000 / 467,321) * 100% = 8.1%.
Even approximate calculations show that investing in Bab Al Bahr real estate is a reliable way of increasing one’s savings.
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