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Townhouses for Sale in Ras Al Khaimah

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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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