What properties are currently compared under USD 350K in Ras Al Khaimah?

This guide compares studio-entry options at Playa Viva, Wyndham Residences Al Marjan Island, Azure by Lapis in RAK Central and Island Heights Al Marjan Island. Prices and availability can change as developer inventory is released or sold.

Which is the lowest-priced property in this comparison?

Based on the starting prices checked in July 2026, Playa Viva has the lowest displayed entry price at approximately AED 1.1 million or USD 297,000, subject to the available unit, floor, size and view.

Are all four projects located on Al Marjan Island?

No. Playa Viva, Wyndham Residences and Island Heights are on Al Marjan Island. Azure by Lapis is in RAK Central, a master-planned business and residential district close to Al Marjan Island and Al Hamra Village.

How do the payment plans compare up to handover?

Playa Viva shows 10% at booking, 10% during construction and 1.34% at handover. Wyndham follows a 20/30/50 structure. The Azure by Lapis payment plan allocates 20% at booking, 43% during construction and 12% at handover, while Island Heights shows 20% at booking, 50% during construction and 30% at handover.

Can foreigners buy properties on Al Marjan Island?

Yes. Foreign nationals can purchase qualifying freehold property in designated areas including Al Marjan Island and RAK Central. Buyers should confirm the title structure, registration costs and developer terms for the specific unit.

How close are these projects to Wynn Al Marjan Island?

Playa Viva is on Island 2, while Wyndham Residences and Island Heights are on Island 4; Azure by Lapis is in nearby RAK Central. Exact travel time to Wynn Al Marjan Island varies by route and traffic, so compare road access, floor, orientation and whether any advertised view can be protected.

Are there studio apartments for sale under USD 350K in Ras Al Khaimah?

Studios are the main entry type below USD 350K in this comparison, including selected Al Marjan Island studios and RAK Central apartments. Buyers searching for waterfront apartments in RAK should confirm whether the specific unit has a direct sea, marina or community view; larger layouts may also exceed the price limit.

When are these projects expected to complete?

Current targets are Q4 2026 for Playa Viva, Q1 2028 for Island Heights and Q1 2029 for Wyndham Residences. The current Azure by Lapis completion date is Q4 2028. Developer timelines can change.

Can these off-plan properties be resold before handover?

Resale is subject to the sale and purchase agreement and developer approval. Current project information indicates resale thresholds of approximately 30% paid for Wyndham and Azure, and 40% paid for Playa Viva and Island Heights.

Which off-plan properties off-plan properties offer post-handover payment plans in Ras Al Khaimah?

Playa Viva spreads 78.66% across five years after handover, while Azure by Lapis schedules 25% across two years after handover. Wyndham Residences and Island Heights currently show no post-handover balance.

Are these properties suitable for short-term rentals?

Short-term rental potential varies by project and building rules. Playa Viva, Wyndham Residences and Island Heights currently highlight short-stay or short-term rental flexibility. Buyers should confirm the final operator, licensing, management and owner-use conditions.

What additional costs should buyers compare?

Compare the registration fee, service charge, furnishing status, payment dates, transfer or resale fees, mortgage costs where applicable, and any holiday-home or rental-management charges rather than relying only on the starting price.

Is Al Marjan Island a good investment for a lower-entry buyer?

Al Marjan Island may suit buyers seeking a resort-market location near Wynn Al Marjan Island, but suitability depends on the entry price, holding period, service charges, future supply, rental rules and exit liquidity. Compare those factors with RAK Central and assess the exact unit rather than assuming every project will perform the same.

June 9, 20264 mins

Off-Plan Property Prices in Ras Al Khaimah 2026

Indicative off-plan pricing across RAK's four key investment areas - Al Marjan Island, Marjan Beach, RAK Central and Al Hamra Village. Covering residential, branded and hotel residence categories