Kolaboro / Projects / Ras Al Khaimah
Fortune Bay Residences: reviews and facts
What is published about Fortune Bay Residences in Al Marjan Island, Ras Al Khaimah, UAE, what official registers and other sources say, and what changed over time. Facts only, each with its source.
- Developer
- Topero Properties metropolitan.realestate
- Location
- Al Marjan Island, Ras Al Khaimah, UAE
- Stage
- under construction · active metropolitan.realestate
- Handover on record
- December 2026 metropolitan.realestate
- Permit or licence number
- not published
- Deposit protection
- not researched yet
- Page we read
- metropolitan.realestate metropolitan.realestate
- Last checked
- 31 Oct 2026
- Open data record
- RAK-017
In short
- Fortune Bay Residences is listed as under construction in Al Marjan Island, Ras Al Khaimah, UAE, by Topero Properties. metropolitan.realestate
- The handover date on record is December 2026. metropolitan.realestate
- No permit or licence number is published in the sources we read. propertyfinder.ae
- Of 9 developer claims we checked, 1 are confirmed by a register or an independent source, 6 are not yet verified and 2 are contradicted by another source. Open data record
What is promised
As published by the developer or on listing pages, in the wording of the source.
- Price from: AED 2,500,000 metropolitan.realestate
- Units: 180 metropolitan.realestate
- Unit sizes: 91 - 313 m² metropolitan.realestate
- Unit types: 1BR, 2BR, 3BR metropolitan.realestate
- Payment plan: 5/45/50 (portal) metropolitan.realestate
- Ownership: Freehold (Al Marjan Island is open to foreign buyers) metropolitan.realestate
- Permit authority: Ras Al Khaimah Municipality RERA metropolitan.realestate
- Deposit: 5% metropolitan.realestate
- Construction start: December 2024 metropolitan.realestate
- Handover promised: Q4 2026 metropolitan.realestate
- portal: launch price AED 2.5M (1BR), 2BR from AED 4.1M, 3BR from AED 7.7M propertyfinder.ae
- portal: construction start 17 Dec 2024, completion Dec 2026 propertyfinder.ae
- portal: floor plan images per layout propertyfinder.ae
- agency: 180 units, 1 to 3 bedrooms propertyfinder.ae
- registry: listed on RAK RERA off-plan project list under TOPERO Properties LLC propertyfinder.ae
Delivery and delay record
Every dated promise we found, how it changed and whether the date has passed. Status rules: promise tracker.
- Handover or completion: December 2026 date still ahead
our research record of 1 Nov 2026 metropolitan.realestate
Permits and licences
- No permit or licence number is published in the sources we read.
- On the RAK RERA off-plan list, but no registration or permit number published propertyfinder.ae
Live check in the official registers
Queries the official registers we can reach for this country now and shows what each returns. Each answer is hashed (SHA-256); nothing is invented, a register with no data says so.
The six buyer checks
Public means the information is published. The level says who confirms it. Method: how we score.
| Check | Public | Who confirms it | What we found |
|---|---|---|---|
| Permit or licence number | no | confirmed in an official register | On the RAK RERA off-plan list, but no registration or permit number published propertyfinder.ae |
| Deposit protection | no | not published | No escrow bank stated anywhere propertyfinder.ae |
| Construction progress | no | not published | Portal gives construction start date only; no progress figure or dated photos propertyfinder.ae |
| Floor or site plans | yes | stated only by the developer | Property Finder shows floor plan images per layout propertyfinder.ae |
| Developer track record | no | not published | Metropolitan lists Fortune Bay as Topero's only project; no delivered projects found propertyfinder.ae |
| No guaranteed returns | yes | not published | No guaranteed return; everhomes calls it a 'high-return investment' with expected yields but no figure propertyfinder.ae |
Developer claims we tested
| Claim (source wording) | Result | Checked against | Source |
|---|---|---|---|
| Project registered on RAK RERA off-plan list under TOPERO Properties LLC | verified | registry | sanad.mun.rak.ae |
| Construction started 17 Dec 2024 | not verified yet | propertyfinder.ae | |
| Completion December 2026 | not verified yet | everhomes.ae | |
| Payment plan 5/45/50 | contradicted | everhomes.ae | |
| Prices from AED 2.5M | not verified yet | propertyfinder.ae | |
| Launch price averages AED 1.70M | contradicted | metropolitan.realestate | |
| 180 units | not verified yet | metropolitan.realestate | |
| Developer has a reputation for quality | not verified yet | propertyfinder.ae | |
| Deposits held in escrow | not verified yet | propertyfinder.ae |
What changed, with dates
- No dated change recorded yet.
Public reports
What public sources report, with the link. We list reports; we do not judge the developer.
- No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read.
About the developer
- Legal entity: TOPERO Properties LLC (RAK RERA list) metropolitan.realestate
- Metropolitan lists Fortune Bay as Topero's only project; no delivered projects found metropolitan.realestate
Similar projects
- Nobu Hotel and Residences Al Marjan Island Ras Al Khaimah · under construction
- Shoreline by DAMAC Ras Al Khaimah · under construction
- Pelagia Ras Al Khaimah · under construction
- Oystra Ras Al Khaimah · under construction
- Nasim Al Bahr Residences (The Luxury Collection) Ras Al Khaimah · under construction
Market context: Ras Al Khaimah
- We track 24 projects in Ras Al Khaimah. 0% publish a permit or licence number and 4% state deposit protection. kolaboro.com/m
Buyer reviews
There are no verified buyer reviews of Fortune Bay Residences yet. We publish a review only from a buyer who proves the purchase (fingerprint of the contract or receipt, signed with a passkey) and only after a moderator has read it.
Reviews waiting for moderation are not shown.
Right of reply
Are you the developer? Send documents and we add your reply to this page. Found a wrong fact? Tell us and we correct it with a dated note.
Reply as the developer Report a correction Questions to ask the developer
Before you pay
Paste the project link for a free live check of what official registers say. For a full desk review and a site visit by a local agent, order the pre-purchase check.
Questions buyers ask
Is Fortune Bay Residences legit?
Kolaboro does not label projects or developers. What the public record shows: No permit or licence number is published in the sources we read. Of 9 developer claims we checked, 1 are confirmed by a register or an independent source, 6 are not yet verified and 2 are contradicted by another source. The handover date on record is December 2026. No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read. Check the sources on this page and ask the developer for documents before paying.
When will Fortune Bay Residences be delivered?
The handover date on record is December 2026.
Who is the developer of Fortune Bay Residences?
Topero Properties, according to the sources listed on this page.
Does Fortune Bay Residences have a permit or licence?
A permit or licence is confirmed in an official register (see Permits and licences).
Are there reviews of Fortune Bay Residences?
There are no verified buyer reviews yet. Buyers who prove their purchase can submit one; it is published after moderation.
Sources
Every fact on this page links to its source. Pages we read are fingerprinted and kept by date.
- metropolitan.realestate https://metropolitan.realestate/al-marjan-island/fortune-bay-residences
- propertyfinder.ae https://www.propertyfinder.ae/en/new-projects/topero-properties/fortune-bay-residences
- everhomes.ae https://everhomes.ae/off-plan/fortune-bay-residences
- sanad.mun.rak.ae https://sanad.mun.rak.ae/docs/en/rera-updated-developers-list
Last checked 31 Oct 2026. How we collect data: data policy. Facts quoted from sources are shown in the language of the source.