How to Buy Property
in Ras Al Khaimah

A complete step-by-step guide to purchasing off-plan real estate in RAK. Everything from choosing a project to collecting your keys — and you can do it all remotely.

5 Simple Steps to Ownership

The entire process can be completed remotely. No need to visit the UAE.

1

Choose Your Project

Browse our curated selection of 40+ off-plan projects across Al Marjan Island, Mina Al Arab, and Al Hamra. Our team will help you match your budget, goals, and preferences with the best available options.

Browse Online

Explore all projects on our website with detailed info and pricing

Book a Consultation

Free video call with our investment advisor

Get Brochures

Download detailed brochures and floor plans

2

Reserve Your Unit

Found the perfect unit? Reserve it in minutes. Send us a photo of your passport to hold the unit for 24 hours. During this time, make an initial deposit of AED 50,000 to continue holding your unit until the contract is signed.

Good to Know

It's recommended to pay the initial deposit using a credit card through a secure link provided by the developer. The deposit is applied toward your down payment.

3

Sign the Contract Remotely

The developer will send you an email with a link to the online contract. You can review and sign it electronically from anywhere in the world — no need to visit the UAE. You'll receive the fully signed contract for your records.

Electronic Contract

Receive the contract by email — review at your own pace

Digital Signature

Sign remotely from any device, anywhere in the world

Legally Binding

Full legal protection under UAE real estate law

4

Make Your Payments

Transfer the down payment (minus the initial deposit already paid) directly to the developer. Payments go into an escrow bank account for full protection. Follow the payment plan schedule — typically 70/30 or 60/40 split between construction and handover.

Escrow Protection

All funds are transferred directly to the developer's escrow bank account — never through any agent. UAE has strict government oversight to fully protect investors' funds until property delivery. Your money is bank-secured at all times.

5

Handover & Start Earning

On completion, pay the final installment and receive your keys. You're now the full owner of the property and the land (freehold, forever). You can live in it, rent it out for 15-20% yields, or sell it for capital gains.

Live In It

Your luxury home on the RAK coastline

Rent It Out

15-20% gross yields on short-term rentals

Sell for Profit

Sell anytime after 30% paid — even pre-handover

Flexible Payment Options

Multiple ways to pay. All payments go directly to the developer — never through an agent.

Bank Transfer

Direct transfer to escrow bank account. Most common method for large amounts.

Credit Card

Secure payment link provided by the developer. Ideal for initial deposits.

Cash

No limit on cash payments in UAE. No requirement to declare the source of funds.

Cryptocurrency

Select developers accept crypto payments. Ask us for details on specific projects.

What You'll Pay — No Hidden Fees

Cost ItemAmountWhenNotes
Property PriceFrom AED 750,000Per payment planFull price paid in installments
Agent Commission0% — FREEN/AWe never charge commission
Land Dept. Registration4% of property priceOn handoverOne-time fee; you own forever
Annual Property Tax0% — NONEN/ANo annual property tax in UAE
Capital Gains Tax0% — NONEN/AKeep 100% of your profit
Income Tax (on rent)0% — NONEN/ATax-free rental income
Service Charges~AED 10-18/sq ft/yrAfter handoverBuilding maintenance & amenities

Common Questions

Yes! RAK offers 100% freehold ownership for all nationalities in designated areas including Al Marjan Island, Mina Al Arab, and Al Hamra. You own the property and the land forever until you decide to sell.
No. The entire process — from reservation to contract signing to payment — can be done remotely. The developer sends you an electronic contract that you sign online. We guide you through every step.
Yes! Once you've paid at least 30% to the developer, you can resell the property on the secondary market. Many investors take advantage of price appreciation during the construction period to sell at a profit before handover.
Your funds are held in an escrow account supervised by the UAE government. If the developer fails to deliver, investors' funds are protected and can be returned. RAK's Real Estate Regulatory Agency (RERA) provides additional oversight and enforcement.
Yes. Property owners in the UAE can apply for a residency visa. Investment of AED 750,000+ qualifies for a 2-year Golden Visa, while AED 2,000,000+ qualifies for a 10-year Golden Visa. This applies to the investor and their immediate family.
Short-term rental yields in prime RAK areas currently range from 15-20% gross. Long-term rentals yield 8-10%. With the Wynn Casino opening in 2027 and tourism projected to nearly triple by 2030, rental demand is expected to increase significantly.

Ready to Start
Your Journey?

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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