Foreign ownership and resale fees
Freehold designations, parcel eligibility and transfer charges can change. Confirm the exact title and current written fee statement with RAK Municipality.
A practical, step-by-step guide from choosing your project to collecting the keys. Many steps can be completed remotely, though the exact requirements vary by developer and transaction.
This source review is due for renewal. Do not rely on earlier figures, area lists or residency terms; recheck the live official records before proceeding.
Freehold designations, parcel eligibility and transfer charges can change. Confirm the exact title and current written fee statement with RAK Municipality.
For an off-plan purchase, it is worth confirming the developer, project, current sales permission, project escrow, unit sub-account and initial unit registration with RERA. Escrow reduces risk but does not guarantee an outcome.
Residency thresholds, duration, financing and document conditions can change. Obtain case-specific confirmation from ICP before relying on a property purchase for residency.
General information only; it is not legal, tax, financial or immigration advice.
Many steps may be completed remotely, depending on the developer, identity checks and transaction.
Compare projects across Al Marjan Island, Mina Al Arab, Al Hamra Village and other RAK areas. Get to know each developer, then ask us for the latest availability, pricing and floor plans for the projects you like.
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Discuss your requirements and confirm the advisor's scope
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Ask for a dated availability sheet, reservation form, beneficiary details and written refund terms before paying. Reservation amount and hold period vary by developer and unit.
Use the payment instructions the developer gives you directly, and ask them to confirm in writing whether the reservation amount is refundable and how it is applied.
Where remote signing is offered, take the time to read the reservation form and SPA, and keep copies of the fully signed documents. Independent legal review is always worthwhile.
Receive the contract by email — review at your own pace
Where supported, confirm the identity, witnessing and signature process
Check the SPA, schedules, cancellation terms and governing law
Pay to the schedule set out in your signed contract. For an off-plan home, it is good practice to check the beneficiary details and the project's escrow account against the developer's official documents before each transfer.
Escrow reduces certain risks but is not a guarantee of delivery or refund. Confirm the named project escrow account in current official documents and obtain professional advice if anything differs.
At completion, inspect the unit, resolve documented defects, complete the required payments and registration, and receive the applicable title document. Leasing and resale outcomes depend on the contract, approvals and market.
Your luxury home on the RAK coastline
Model net income from dated comparable rents and all operating costs
Check the SPA, developer NOC rules, fees and current buyer demand
Accepted methods and beneficiaries vary. Use only transaction-specific instructions independently confirmed with the developer or authorised seller.
Match the beneficiary and account to current official instructions before every transfer.
Use a developer-authorised payment link only when the transaction permits card payment.
Payment acceptance and source-of-funds checks vary. Confirm compliance requirements before transferring money.
| Cost Item | Amount | When | Notes |
|---|---|---|---|
| Property Price | Unit-specific | Per signed schedule | Confirm against dated developer inventory |
| Buyer-side Commission | Confirm in writing | Before reservation | Check the transaction-specific engagement terms |
| Registration / Transfer | Authority-specific | As instructed | Obtain a current written fee statement |
| Developer Admin Fees | Project-specific | Reservation / registration | Check the reservation form and SPA |
| Tax | Buyer-specific | Before structuring | Seek qualified UAE and home-country tax advice |
| Service Charges | Project-specific | Usually after handover | Request the approved budget and charging basis |
Our team will guide you through every step. From choosing the right project to collecting your keys — we're with you all the way.
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