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Properties Under AED 5 Million for Sale in Ras al-Khaimah

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Last Updated: April 20, 2024

Looking for affordable and luxury property options in Ras al-Khaimah? Square Yards UAE has 2+ properties for sale in Ras al-Khaimah under 5 million. Whether you're a first-time buyer or an investor, these properties offer excellent value for money. Our verified agents and owners have posted multiple houses below 5 million for sale in Ras al-Khaimah, ensuring you get reliable and trustworthy information. A range of possibilities is open for your choosing from over 1+ in Mina Al Arab. Browse through the options and find your dream home or investment property near Ras al-Khaimah without breaking the bank.


Top Localities in Ras al-Khaimah having Properties Under 5 Million for Sale

Dive into the beating heart of Ras al-Khaimah real estate by exploring its top localities with properties for Sale. Uncover the multitude of options in lively neighborhoods like Mina Al Arab. Find your perfect fit with prices ranging from AED 2.47 Million to 2.47 Million


Locality Min Price (AED) Max Price (AED) Avg Price Per Sq.Ft. Property Count
Mina Al Arab2.47 Million2.47 Million14431

Property Types Available in Ras al-Khaimah having properties Under 5 Million for Sale

Explore the diversity of property types available in Ras al-Khaimah for Sale. Whether you're seeking Apartment, Villa, Ras al-Khaimah has it all. With prices ranging from AED 2.47 Million to 2.47 Million for Apartment, find the perfect property that aligns with your preferences.


Property Type Min Price (AED) Max Price (AED) Avg Price Per Sq.Ft. Property Count
Apartment2.47 Million2.47 Million14431
Villa4.91 Million4.91 Million12861

BHK Types Available in Ras al-Khaimah having properties Under 5 Million for Sale

Experience the range of BHK options available in Ras al-Khaimah for Sale, offering everything from snug 1 BHK units to expansive 6+ BHK residences. Ras al-Khaimah real estate market features an array of choices, including 1 BR, 2 BR, 4 BR, 5 BR, 6 BR. Prices span from AED 784.99 Thousand to 1.72 Million for 1 BR ,AED 2.47 Million to 9.2 Million for 2 BR and beyond, ensuring a diverse selection for discerning buyers.


Unit Type Min Price (AED) Max Price (AED) Avg Price Per Sq.Ft. Property Count
1 BR784.99 Thousand1.72 Million17583
2 BR2.47 Million9.2 Million35533
4 BR4.91 Million5.89 Million12862
5 BR8.99 Million15 Million2
6 BR1

Budget-Wise Properties Available in Ras al-Khaimah for Sale

Immerse yourself in the dynamic real estate market of Ras al-Khaimah, where budget segments unfold a variety of choices. Whether you're considering the budget-friendly AED Under 2 Million options or exploring the premium listings AED Under 20 Million the city's offerings span a wide spectrum. With 1 properties available, find the ideal home for your budget.


Budget (AED) From (AED) To (AED) Property Count
Under 2 Million02 Million6
Under 7.5 Million5 Million7.5 Million1
Under 10 Million7.5 Million10 Million2
Under 20 Million10 Million20 Million1

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4 BR  Villa For Sale in Al Marjan Island, Ras al-Khaimah - 6135218

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9
Al Marjan Island, Ras al-Khaimah

4 BR Villa for Sale in Al Marjan Island, Ras al-Khaimah - 6135218

AED 4,914,000
  • 4 Bedrooms
  • 6 Bathrooms
  • 3819 Sq.Ft.

Marbella Villas Phase 2 at Mina Al Arab is the newest addition Where hundreds of amenities that include entertainment, health, leisure, fun and more

SEKENKOUM REAL ESTATE

Properties Under 5 Million for Sale in Top Localities in Ras al-Khaimah

2 BR  Apartment For Sale in Mina Al Arab, Ras al-Khaimah - 6135216

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14
Mina Al Arab, Ras al-Khaimah

2 BR Apartment for Sale in Mina Al Arab, Ras al-Khaimah - 6135216

AED 2,475,000
  • 2 Bedrooms
  • 3 Bathrooms
  • 1715 Sq.Ft.

Cape Hayat by RAK Properties is a new residential development that beckons you to experience the luxury studios, 1 & 2 bedroom apartments, 4 bedro

SEKENKOUM REAL ESTATE

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Frequently Asked Questions

What types of properties are available for sale in Ras Al Khaimah?

Ras Al Khaimah has a wide range of properties for sale, from affordable studio apartments to lavish penthouses, villas and townhouses for families. The emirate also offers commercial properties such as office spaces, hotels, etc.

Are there any restrictions for foreigners buying property in Ras Al Khaimah?

If you are a citizen of the UAE or GCC, you have the right to buy real estate in Ras Al Khaimah. However, foreigners, whether residents or non-residents, can only purchase property in areas designated for foreign ownership.

What are the popular areas to buy property in Ras Al Khaimah?

Popular areas to buy property in Ras Al Khaimah are Al Hamra Village, Mina Al Arab, Al Marjan Island, Cove Rotana Resort, and Dafan Al Nakheel.

What is the typical price range for properties in Ras Al Khaimah?

Property prices in Ras Al Khaimah range between AED 165,000 to AED 222,180,000 or higher, depending on the property type. 

Who can buy property in Ras Al Khaimah?

The Land Registration Law governs the regulations in Ras Al Khaimah. Article 4 of this law outlines the eligibility requirements for acquiring real estate in Ras Al Khaimah. If you are a UAE or Gulf Cooperation Council citizen, you meet the qualifications for purchasing real estate in Ras Al Khaimah.

Can non-residents sell property in Ras Al Khaimah?

Non-residents or foreigners can sell property in Ras Al Khaimah.

Is purchasing property in Ras Al Khaimah a worthwhile investment?

Yes, it is a worthwhile investment to purchase a property in Ras Al Khaimah, as the place has developed rapidly over the years. This emirate offers an attractive lifestyle and provides different types of properties with luxury amenities. The emirate has several exciting projects lined up.

Is it possible for a non-citizen to acquire property in Ras Al Khaimah?

Foreign investors, even if they are non-GCC citizens, can purchase properties in specific freehold regions of Ras Al Khaimah that showcase some of the city’s most impressive real estate developments.

Is the process of purchasing property in Ras Al Khaimah straightforward?

The process of buying a property in Ras Al Khaimah is easy. It typically involves researching about the property, arranging finances, signing a sales agreement, obtaining an NOC and  completing the necessary paperwork.

How much is the property tax in Ras Al Khaimah?

In Ras Al Khaimah, a property municipal tax is calculated based on the property’s annual rental value. Tenants usually pay this tax at a rate of 1% for residential properties (with a minimum fee of AED 300) and 5% for certain commercial properties.

Is a visa granted upon purchasing property in Ras Al Khaimah?

Yes, Ras Al Khaimah offers a 12-year visa for purchasing a property in the Emirates.

What is the extent of property tax imposed on foreigners buying property in Ras Al Khaimah?

No direct property tax is applied when purchasing a property in Ras Al Khaimah. Nonetheless, there is a municipal tax imposed on rented properties. Typically, this tax is levied on tenants, but there are occasional instances where tenants and landlords may be liable for it.

How is property valuation done for a sale in Ras Al Khaimah?

In Ras Al Khaimah, when selling a property, it is common to have a certified property expert evaluate the property. These experts meticulously assess various aspects, including the property’s location, size, and prevailing market rates. Based on this assessment, the expert estimates the property’s market value, which is the basis for establishing its sale price.

Can I sell my Ras Al Khaimah property directly to a buyer?

Yes, you can sell your Ras Al Khaimah property directly to a buyer without involving a real estate agent or an intermediary.

Are there taxes or fees when selling property in Ras Al Khaimah?

When selling property in Ras Al Khaimah, one should expect to pay various fees. These include transfer fees, commissions for real estate agents, and possible mortgage settlement fees.

Top Real Estate Companies in Ras al-Khaimah

Seeking assistance from property developers in Ras al-Khaimah is essential if you're interested in investing in or purchasing a new property in Ras al-Khaimah. Here is a list of the best real estate companies in Ras al-Khaimah to consult with for all your requirements, from budget and property variations to the top neighbourhoods in Ras al-Khaimah.

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