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.

Mondrian Phases 1 and 2 vs Fortune Bay Residences: key figures compared
DetailMondrian Phases 1 and 2Fortune Bay Residences
DeveloperElevateTopero Properties
LocationAl Marjan Island, Ras Al KhaimahAl Marjan Island, Ras Al Khaimah
Starting priceAED 2,744,192 – AED 34,000,000AED 2,836,122 – AED 8,335,348
Price per sqftAED 3,120 – 3,962AED 2,782 – 3,359
Unit typesApartments, Penthouse, TownhouseApartments
Unit sizes835 sqft – 8,583 sqft982 sqft – 2,481 sqft
HandoverQ4 2028Q2 2027
Down payment
Post-handover planNoNo
Amenities listed68
StatusUnder ConstructionUnder 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