Mondrian Phases 1 and 2 vs Fortune Bay Residences
A neutral, data-only comparison of Mondrian Phases 1 and 2 in Al Marjan Island and Fortune Bay Residences in Al Marjan Island, built from published developer figures. No project is recommended over the other; the table simply puts the numbers side by side.
| Detail | Mondrian Phases 1 and 2 | Fortune Bay Residences |
|---|---|---|
| Developer | Elevate | Topero Properties |
| Location | Al Marjan Island, Ras Al Khaimah | Al Marjan Island, Ras Al Khaimah |
| Starting price | AED 2,744,192 – AED 34,000,000 | AED 2,836,122 – AED 8,335,348 |
| Price per sqft | AED 3,120 – 3,962 | AED 2,782 – 3,359 |
| Unit types | Apartments, Penthouse, Townhouse | Apartments |
| Unit sizes | 835 sqft – 8,583 sqft | 982 sqft – 2,481 sqft |
| Handover | Q4 2028 | Q2 2027 |
| Down payment | — | — |
| Post-handover plan | No | No |
| Amenities listed | 6 | 8 |
| Status | Under Construction | Under Construction |
Mondrian Phases 1 and 2 vs Fortune Bay Residences — Frequently Asked Questions
- Which is cheaper, Mondrian Phases 1 and 2 or Fortune Bay Residences?
- Mondrian Phases 1 and 2 has the lower published entry price at AED 2,744,192, versus AED 2,836,122 at the other project. Entry price alone can be misleading: compare price per sqft, which is AED 3,120 – 3,962 at Mondrian Phases 1 and 2 and AED 2,782 – 3,359 at Fortune Bay Residences.
- Which hands over first, Mondrian Phases 1 and 2 or Fortune Bay Residences?
- Fortune Bay Residences is scheduled for handover in Q2 2027, ahead of the other project.
- Do Mondrian Phases 1 and 2 and Fortune Bay Residences offer post-handover payment plans?
- Mondrian Phases 1 and 2: no post-handover instalments published. Fortune Bay Residences: no post-handover instalments published.
Mondrian Phases 1 and 2 full details · Fortune Bay Residences full details

