What it costs to buy
in Ras Al Khaimah
Every fee you pay on top of the price when buying off-plan, what the building costs each year, and the figure published for each project.
By Nadeem Ahmad · Last reviewed
Price, plus about 4%, plus a fixed admin fee.
In short: on a direct off-plan purchase in Ras Al Khaimah the buyer normally pays a registration fee of 4% of the purchase price and a fixed developer admin fee, and then pays the building’s service charge each year. The amounts differ by project, so this page lists the published figure for each one.
Fees, promotions and service charges change. Your reservation form, Sale and Purchase Agreement and payment schedule are the controlling documents.
How buying direct from a developer worksA 4% registration fee on AED 2,000,000 is AED 80,000. Adding a typical published admin fee of AED 5,250 gives AED 85,250 of fees on top of the price. This is an illustration, not a quote: use the exact figures in your own contract.
One-off costs when buying off-plan
| Cost | Amount | When it is paid | Notes |
|---|---|---|---|
| Buyer registration fee | 4% of the price | Normally at handover, unless the project documents say otherwise | Some developers waive it as a promotion. Confirm the amount it covers, the expiry date and the approval in writing. |
| Developer admin fee | AED 3,000 to AED 8,250 | As set in the payment schedule | A fixed amount that differs by project. See the table below. |
| Booking amount | Set per project | At reservation | Not automatically refundable. It depends on the reservation deed, payment status, deadlines and the reason for cancellation. |
| RAKcompare fee | AED 0 | Not applicable | The developer pays us a commission when a purchase completes. How we are paid. |
Not included: a lawyer to read the contract, and any bank or mortgage fees if you borrow. Ask for quotes in writing.
Service charges
Service charges pay for running the building: maintenance, security, shared facilities. They are quoted per square foot a year and set by each building. In the projects we have published, they range from AED 6 to AED 38 per sq ft a year. A 1,000 sq ft apartment at AED 20 per sq ft would pay AED 20,000 a year. Confirm the current rate for the exact building before you buy, and ask how it can change.
Published fees by off-plan project
50 off-plan projects. Fees are subject to change.
| Project | Registration fee | Admin fee | Service charge per sq ft a year |
|---|---|---|---|
| Aila Homes Al Hamra Village | 2% | None | AED 15,000 to AED 16,000 a year per home |
| Al Hamra Greens | 2% | None | AED 12 |
| Al Hamra Waterfront | 2% | None | AED 12 |
| Arthouse Residence | 4% | AED 5,250 | AED 20 |
| Azure by Lapis | 4% | AED 5,000 | AED 18 |
| Colibri Views | 4% | AED 5,250 | AED 17 |
| Costa Mare | 4% | AED 3,000 | AED 19 |
| Danah Bay | 4% | AED 5,250 | AED 16 |
| Fairmont Residences | 4% | AED 5,250 | AED 35 |
| Falcon Island | 4% | AED 5,250 | AED 6 |
| Fortune Bay Residences | 4% | AED 3,000 | AED 18 |
| Gianfranco Ferré Residences | 4% | AED 3,250 | AED 26 |
| Ice Beach | 4% | AED 5,250 | AED 20 |
| Island Heights | 4% | AED 5,250 | AED 20 |
| JW Marriott Residences | 4% | AED 5,250 | AED 30 |
| Karl Lagerfeld Beach Residences | Not published | AED 5,250 | AED 24 |
| La Mazzoni | 4% | AED 5,250 | AED 25 |
| Le Château | 4% | AED 4,330 | AED 20 |
| Lunara Ras Al Khaimah | 4% | AED 3,000 | AED 16 |
| Manta Bay | 4% | AED 5,250 | AED 21 |
| Miraggio | 4% | AED 5,250 | AED 16 |
| Mondrian Residences | 4% | AED 5,250 | AED 25 |
| NH Collection | 4% | AED 5,250 | AED 33.5 |
| Nikki Beach Residences | 4% | AED 5,250 | AED 17 |
| Nobu Hotel and Residences | 4% | AED 5,250 | AED 25 |
| One RAK Central | 4% | AED 5,000 | AED 22 |
| Oystra | 4% | AED 5,250 | AED 28 |
| Palazzo Tissoli | 4% | AED 5,250 | AED 25 |
| Playa Del Sol | 4% | AED 3,150 | AED 16 |
| Playa Viva | 4% | AED 3,000 | AED 18 |
| Radisson Blu Hotel & Residences RAK Central | Not published | AED 5,250 | AED 30 |
| Ritz-Carlton Residences Al Wadi Desert | 2% | None | AED 33 |
| Rosso Bay | 4% | AED 5,250 | AED 17 |
| Shoreline by DAMAC | 4% | AED 5,250 | AED 22 |
| Soleva Beach Residences | 4% | AED 5,250 | AED 18 |
| Soto Grande | 4% | AED 3,150 | AED 16 |
| Taj Wellington Mews | 4% | AED 5,250 | AED 30 |
| The Beach House | 4% | AED 5,000 | AED 20 |
| The Beach Residences | 4% | AED 5,250 | AED 20 |
| The Beach Vista | 4% | AED 5,250 | AED 20 |
| The Luxury Collection - Nasim Al Bahr | 4% | AED 8,250 | AED 35 |
| The Residences at Sheraton | 4% | AED 3,525 | AED 35 |
| The Unexpected Hotel and Res. | None | AED 5,250 | AED 35 |
| The Views by ARDEE | 4% | AED 5,250 | AED 22 |
| Trio Isle | 4% | AED 8,000 | AED 18 |
| Uno Luxe | 4% | AED 5,250 | AED 18 |
| Vienna House - Wyndham Resorts | 4% | AED 5,250 | AED 25 |
| W Hotels and Residences | 4% | AED 5,250 | AED 35 |
| Waldorf Astoria Residences Ras Al Khaimah | 2% | None | AED 38 |
| Wyndham Residences | 4% | AED 5,250 | AED 32 |
Fee data last updated . Fees are subject to change. The figures are taken from the RAKcompare project data, which we keep in step with the developers’ published terms, and cover off-plan projects only. Check them against your reservation form before you pay. “Not published” means we do not have a confirmed figure yet.
Check the numbers in writing.
Fees are easy to miss in a payment schedule. Before you pay a deposit, check each item below against the developer’s own documents.
Registration fee. The amount, the due date and whether any promotion covers it.
Admin fee. The exact figure and whether it sits inside the payment schedule.
Service charge. The current rate per square foot and how it can change.
Resale and assignment. Any thresholds, NOC rules and fees if you sell before handover.
Costs and fees FAQs
How much are the fees when buying off-plan property in Ras Al Khaimah?
For direct off-plan purchases the buyer’s registration fee is normally 4% of the purchase price, plus a fixed developer admin fee set per project. Both are listed project by project in the table on this page. Some developers cover part or all of the registration fee as a promotion, so confirm it in writing.
When is the registration fee paid?
On direct off-plan purchases it is normally collected at handover unless the project documents state otherwise. Check the reservation form, the Sale and Purchase Agreement (SPA) and the payment schedule for the amount and the due date.
What is the developer admin fee?
A fixed amount the developer charges the buyer, set separately for each project, so the amount differs between developments. The figure for each project is in the table on this page. Ask for the exact amount and whether it is included in the payment schedule.
What are service charges and who sets them?
Service charges are yearly building costs, quoted per square foot. They differ by building, so confirm the current rate for the exact project before you buy. The published rates in our project data are in the table on this page.
Does RAKcompare charge buyers a fee?
No. When a buyer completes a purchase through us, the developer pays us a commission, and the buyer pays RAKcompare nothing extra. We earn only when a purchase completes, which is a commercial interest you should weigh. Read how we are paid on our About page.
Are these figures final?
No. Fees, promotions and service charges change. Treat the figures here as a guide and check the reservation form, SPA and payment schedule for the project you are buying.
Buying direct from a developer
The reservation, SPA, payments and registration, step by step.
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