Ras Al Khaimah is rapidly emerging as a prime hotspot for residential investment and lifestyle living. With its serene coastline, mountainous landscapes, and growing infrastructure, RAK is capturing the attention of both end-users and investors seeking value and future growth. Government initiatives aimed at boosting tourism and residential occupancy, alongside competitive off-plan prices and flexible payment plans, further enhance RAK’s appeal. As demand rises for high-quality yet affordable developments, these upcoming projects offer excellent timing for market entry.
Top New Residential Projects
For property investors that are eying RAK’s real estate market, below are a few of the top upcoming residential projects in Ras Al Khaimah with insights from Bayut, a leading property portal in the UAE.
Shoreline by DAMAC
Shoreline by DAMAC is an ambitious beachfront development offering a blend of leisure and residential living. Set along RAK’s pristine coast, it promises resort-style amenities and elegant waterfront living. The project offers a range of apartments and townhouses, with layouts ranging from studios to 3-bedroom units, designed for families and holiday-home buyers. DAMAC Properties is known for its luxury portfolio in the UAE, interested buyers can explore more DAMAC off plan projects.
- Handover date: Q3 2028
- Launch price: AED 1.83M
- Payment plan: 70/30
Address Residences Al Marjan Island
A branded residential offering under the Address Hotels + Resorts, located on Al Marjan Island and developed by the prestigious Emaar. It combines five-star service with residential comfort. Address Residences offer premium apartments ranging from 1- to 3-bedrooms, with high-end finishes and sweeping sea views. Buyers interested in similar projects can explore Emaar new projects on Bayut.
- Handover date: Q1 2028
- Launch price: AED 1.7M
- Payment plan: 90/10
NB Collection
NB Collection by RAK Properties seeks to blend modern elegance with a relaxed RAK lifestyle. Situated in Hayat Island, it provides residents with a vibrant, contemporary living environment. The project offers 1- and 2-bedroom apartments with open-plan layouts and high-quality fittings.
- Handover date: Q4 2026
- Launch price: AED 17M
- Payment plan: 60/40
Nikki Beach Residences
Nikki Beach Residences by Aldar brings a glamorous, beachclub-style ambiance to Al Marjan Island, ideal for lifestyle-oriented buyers and holiday-let investors. The project offers 1- to 3-bedroom apartments and penthouses with designer interiors and direct beach access.
- Handover date: Q4 2028
- Launch price: AED 2.37M
- Payment plan: 60/40
Nobu Residences
Developed by RAK Properties, Nobu residences promise refined living with exclusive dining, wellness, and lifestyle services paired with minimalist yet luxurious design. The project offers sleek studios, 1- and 2-bedroom apartments focused on modern minimalism and high-end finishes.
- Handover date: Q1 2028
- Launch price: AED 3.6M
- Payment plan: 70/30
Risks & Considerations: Market Cycles, Fees, Policies & Resale Liquidity
Investing off-plan in RAK carries both opportunity and risk. While attractive pricing and flexible payments are strong draws, buyers should remain mindful of:
- Market cycles: Property values can fluctuate; the RAK market is growing but still maturing.
- Service fees and developer charges: Budget for annual service charges, maintenance, and community fees.
- Resale liquidity: Off-plan units in developing areas may face resale delays or price sensitivity, especially during construction.
- Regulatory changes: Always stay updated on RAK’s real-estate policies, foreign ownership rules, and visa-linked incentives.
How to Reserve: Documents Checklist & Purchase Steps for Non-Residents
- Passport copy: Valid international passport and page with photo.
- Proof of address: Utility bill or bank statement.
- Payment documents: Funds for booking deposit (typically 10–15 %).
- Off-plan agreement: Review contract thoroughly with a legal advisor.
- Developer KYC: Submit any required Know-Your-Customer forms.
- Title deed registration: Post-handover, register your title with RAK Lands Department.
- Payments during construction: Monitor project updates and milestones to trigger progress payments.
- Final handover inspection: Hire a qualified inspector to review finishes.
FAQs About Buying Off-Plan in Ras Al-Khaimah
- Can foreigners buy off-plan property in RAK?
Yes, RAK offers designated free-hold zones and supports long-term residency linked to property ownership.
2. Are there UAE-wide mortgage options for these projects?
Yes, both UAE-based banks and selected international lenders provide financing for off-plan purchases, though terms depend on property size and developer.
3. What about rental income and holiday letting?
Branded projects like Address, Nikki Beach, and Nobu can offer more attractive short-let returns, subject to licensing and regulatory approval. Always check local rules on holiday rentals.
