Costs & Fees

Administrative / Registration Charges

Most off-plan projects include a fixed registration or administration fee, commonly ranging between AED 3,000 and AED 5,250, depending on the Developer and project.

4% Registration Fee

A 4% registration fee is generally calculated based on the original purchase price of the property and is payable to the Ras Al Khaimah Land Department or the relevant registration authority prior to handover and title registration. There are a few Developers who take this fee upfront, but not common is Ras Al Khaimah.

RAK Land Department transfer fees are typically 4% for ready properties. The fee is usually borne by the Buyer.

Please note that applicable registration fees, charges, and procedures are subject to change in accordance with the relevant authority regulations.

Service charges in Ras Al Khaimah typically range from AED 12 to AED 35 per sq ft per year, depending on the development, location, amenities and level of service provided. Branded residences and beachfront communities with extensive facilities generally sit at the higher end of the range.

These fees contribute towards the maintenance and operation of common areas, including security, landscaping, swimming pools, gyms, private beach access and other shared facilities available to residents.

Service charges are usually invoiced and paid quarterly in advance. Please note that service charge rates and payment schedules vary between developments and are subject to change by the developer or owners' association

No. The UAE has no annual property tax, no capital gains tax and no income tax on rental income for individuals. The only tax-equivalent cost is the one-time RAK Land Department 4% of the purchase price payable before handover. This makes Al Marjan Island one of the most tax-efficient property markets globally.

No. Rental income earned by individuals is not taxed in the UAE. There is no personal income tax, no capital gains tax and no withholding tax on residential rental income.

Note: corporate ownership structures may trigger 9% corporate tax under the post-2023 UAE corporate tax regime - speak with a tax advisor.

Al Marjan Island prices currently range from AED 1,800 to AED 4,500 per sq ft, depending on developer, brand and proximity to Wynn. Branded residences and beachfront stock command the highest prices. Analysts forecast prices could exceed AED 10,000 per sq ft by 2030 as Wynn matures.