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Are you looking to buy property in Dubai? Specifically, are you interested in villas for sale in Ras Al Khaimah? If so, you’ve come to the right place! Whether you’re looking for a vacation home, investment property, or primary residence, RAK has fantastic options when it comes to villas.
In this blog post, we will highlight everything you need to know about the top Ras Al Khaimah areas for villas, including:
- Overview of the RAK property market
- Benefits of buying a villa in Ras Al Khaimah
- Most popular areas for RAK villas
- Types of villas available
- Average prices and rents
- Amenities and infrastructure
- How to buy an RAK villa We will also share insider tips and recommendations to help you make the best property purchase decision when buying your dream Ras Al Khaimah villa.
So let’s get started!
Overview of Buying Property and Villas in Ras Al Khaimah
Over the past few years, Ras Al Khaimah has witnessed massive growth as an investment destination for real estate in the UAE. Offering a tranquil and nature-rich lifestyle, it has become a top choice for luxury holiday homes and primary residences.
Property prices in Ras Al Khaimah are still very attractive and affordable compared to Dubai. You can find exclusive 4 and 5-bedroom beachfront villas between AED 1M to 4M. Compared to Dubai, that price would only get you a small apartment!
The types of buyers interested in RAK properties include:
- Expat investors and end-users looking for vacation homes and second homes
- Emiratis buying weekend getaway villas
- Foreign investors seeking high rental yields
- Retirees and remote workers prioritizing lifestyle over work Now let’s look at the main areas in Ras Al Khaimah that are ideal for buying villas in Dubai.
Best Areas to Buy Villas in Ras Al Khaimah
The northern Emirates offers tranquillity and seafront living at affordable prices compared to the buzzing city life in Dubai. You have several premium lifestyle community options when searching where to buy property in Ras Al Khaimah.
Here are the most popular master-planned areas for villas for sale In Ras Al Khaimah:
Al Hamra Village
Al Hamra Village is undoubtedly the top area for RAK villas. This mixed-use luxury community features scenic views of the Arabian Gulf and neighbouring Al Marjan Island. This upscale development is home to attractions like the Al Hamra Marina & Yacht Club, Al Hamra Beach, Al Hamra Golf Club, and the Waldorf Astoria Ras Al Khaimah, which epitomizes luxury living. The community also has supermarkets, schools, hospitals, and clinics nearby, offering residents an integrated and convenient lifestyle.
You can access a golf course, private beach, yacht club, water sports, and plenty more amenities for an active lifestyle.
Property options in Al Hamra Village include:
- 3 to 5-bedroom beachfront villas
- Sea-view townhouses and duplexes
- Residential plots if you wish to build a custom home
Several sub-communities exist for those looking to purchase a home in Al Hamra Village, including Bayti Homes, Al Hamra Village Townhouses, and semi-detached duplexes.
Villas here cost between AED 1.5M to 8M, depending on size and location. A 3-bedroom Al Hamra Village villa sells for approx. AED 2M.
It offers fantastic ROI potential between 5-8%.
Mina Al Arab
Mina Al Arab is another sought-after area south of Al Hamra Village along the coast. It comprises luxury villas for sale In Ras Al Khaimah, enveloped by lush mangroves and the beach. Being a beautiful waterfront community along the shoreline of RAK, It is surrounded by pristine beaches and natural wetlands. These natural features attract a variety of beautiful and diverse marine species, which has increased the area’s popularity with tourists.
Popular communities here with Ras Al Khaimah villas for sale include:
- Flamingo Villa Residences
- Granada Residences
- Malibu Residences
- Bermuda Residences To buy villas for sale in Mina Al Arab, you have to pay an average sales price of AED 3.6M. The average property prices in Mina Al Arab start from AED 1M for a townhouse to AED 2.3 million and AED 6.1 million for 3- and 4-bedroom villas, respectively. At these prices, buyers have achieved an estimated ROI of 4.43%.
It offers everything you’d want within the community, from entertainment to retail therapy, nature trails and parks. Families love Mina Al Arab!
Marjan Island
Another developing freehold area In Ras Al Khaimah is Al Marjan Island. It is a man-made archipelago of four smaller islets and spans an area of 2.7M square kilometers. Al Marjan Island is accessible via the E11 highway that connects the UAE’s seven emirates. It is home to freehold apartments and luxury beach villas for sale In Ras Al Khaimah.
Al Marjan Island is one of the Ras Al Khaimah freehold areas still developing but already features waterfront villas, boulevards, play areas, lush green spaces, and amenities like supermarkets. You can find modern villas and townhouses on Al Marjan Island with unobstructed views of the sea and mangroves.
Plus, Al Marjan Island properties tend to appreciate faster due to massive development activities, high occupancies, and the area’s popularity.
The average sales price of villas in Al Marjan Island has been AED 7.8M. The price of a 3-bedroom villa has been AED 5.7M and AED 7.8M for a 4-bedroom villa.
Cove Rotana Resort
The Cove Rotana Resort features 66 premium villas designed in a contemporary Arabesque style. Each villa exudes luxury, comfort, and beachfront living at its best.
It is one of the top luxury hospitality developments in Ras Al Khaimah and is located on an idyllic beach inlet.
Property prices – 2-bedroom villas at Cove Rotana start from AED 2M and 3 bedrooms upwards of AED 3M.
Buyers receive complimentary access to Cove Rotana’s amenities like swimming pools, gyms, restaurants, and lounges. It also offers visa-free access when visiting RAK. Cove Rotana suits those seeking a vacation home or long-term residence with 5-star service and facilities.
Types of Ras Al Khaimah Villas For Sale
When searching properties in Ras Al Khaimah, you’ll come across different villa types catering to all needs and budgets. Let’s look at what’s available:
Beachfront Villas
As the name suggests, beachfront villas directly overlook the sea and offer majestic views that cannot be obstructed.
Usually, these villas have private pools, rooftop lounges, direct beach access, premium fittings and finishes. Naturally, they are the most exclusive and expensive villas you can buy in RAK.
Sea View Villas
Sea-view villas are set back from the beachfront but still offer gorgeous vistas overlooking the Arabian Gulf or mangroves.
Their positioning allows for more privacy whilst delivering panoramic sea views from terraces and rooftops.
Sea-view villas are marginally cheaper than beachfront options.
Golf Course Villas
Many master-planned communities in RAK feature signature golf courses surrounded by spacious villas.
These residential compounds target golf enthusiasts who wish to live near the greens.
You’ll find golf course villas in Al Hamra Village, Cove Rotana, and Jais Hills, among other luxury developments.
Townhouses
Townhouses are ideal for mid-range buyers with 2 to 4-bedroom configurations available.
Their main appeal lies in spacious interiors blending comfort, style, and functionality. Most townhouses have ample courtyards or rear gardens, allowing more open space.
Moreover, buying a townhouse in Dubai costs 30-50% less than a similarly sized villa. Expect prices from AED 500k onwards in RAK.
Factors Impacting Ras Al Khaimah Villa Prices
RAK Villa rimarily depend on location, community, size, bedrooms, amenities and additional benefits like beach access or golf course views.
Here are the main factors determining property rates when buying villas in Ras Al Khaimah:
- Location – Beachfront sites are the most premium, followed by sea-view areas. Inland or second-row plots are cheaper.
- Type of villa – As seen earlier, townhouses are lower priced than actual villas. Villa sizes and room counts also impact pricing.
- Community – Residing in an established community with recreation, retail, and schooling, adds value compared to isolated developments.
- View – Uninterrupted sea views or golf course views command higher price tags.
- Additional features –Villas with private gardens, pools, and parking get better rates. Turnkey with high-end fittings also fetch higher sales prices. While searching properties online you’re bound to see a wide range of prices for RAK villas. Applying these parameters, you can better understand what contributes to the property’s rate.
This allows you to zero in on villas that suit your needs and budget.
Amenities & Infrastructure Supporting RAK Villas
Let’s look at the amenities and infrastructure upgrades supporting the property boom for RAK villas:
- Multi-billion-dollar developments like Mina Al Arab, Cove Rotana Resort, and Al Hamra Village (expansion)
- Luxury hospitality projects like Waldorf Astoria, Rixos Bab Al Bahr, Jais Adventure Peak
- Leisure attractions such as Jebel Jais Flight and Jais Sky Maze
- Upcoming healthcare projects – Aster Hospital, Moorfields Eye Hospital
- Accelerated infrastructure projects like highways, road networks
- Attractive residency benefits and low cost of living As you can see, Ras Al Khaimah is undergoing massive upgrades to match Dubai’s premium lifestyle offerings.
For buyers, this translates into better amenities, rental demand from tourists/professionals, and infrastructure adding value.
How to Buy a Villa in Ras Al Khaimah as an Expat
After knowing popular villa areas, and types of Ras Al Khaimah villas, It’s time to know the step-by-step process of buying villas in Ras Al Khaimah:
Step 1 – Determine Your Budget
To establish your budget, factor in purchasing costs, transfer fees, and monthly expenses associated with a Ras Al Khaimah villa.
As a guideline, total buying costs range between 5% to 7% of the property rate.
Step 2 – Find a Property
Leverage reputable listing sites in the UAE (like TopLuxuryProperty.com of course!) to shortlist villas matching your requirements.
Filter by number of bedrooms, community, price range and any other aspects important to you.
Step 3 – Visit the Villa
Schedule site visits for your shortlisted properties in RAK. Meet with the agent, inspect every corner of the villa and don’t hesitate to ask questions.
Step 4 – Negotiate an Offer Price
Make an offer considering market price trends, area benchmarks, and property conditions. Assume a 10-20% bargaining range when negotiating RAK villa prices.
Step 5 – Due Diligence
Once the seller accepts your price, conduct due diligence checking ownership title, project handover status, payment plans, and facilities management.
Step 6 – Make Down Payment
Officially register the sale by paying up to 20% of the agreed amount in manager’s cheques. Both parties sign the initial contract.
Step 7 – Settle Remaining Payment
Over the next 60-90 days, complete outstanding payments via cheques, wire transfers etc. Once paid in full, the title deed gets registered under your name.
We suggest consulting a reputable real estate agency to guide the transaction process. Their services and expertise prove invaluable, ensuring your interests remain fully protected.
And done! You now own a fabulous Ras Al Khaimah villa to call home. Time for housewarming!
Bottomline
We hope this extensive guide gives you complete clarity on buying villas in Ras Al Khaimah as a foreign investor or end-user.
To recap the key benefits of owning RAK villas:
- Exclusive master-planned communities with extensive amenities
- Affordable prices compared to Dubai – more bang for your buck!
- High-quality build and finishes suit luxury lifestyles
- Excellent ROI with tourist and resident demand for rentals
- Dubai proximity for work plus tranquillity of slower-paced RAK living Finding the perfect villa that matches your aspirations can get overwhelming.
As experienced Ras Al Khaimah real estate advisers, we will simplify the process while securing ideal investment or self-use options.
We’ll search all listings across the northern Emirates matching your needs, arrange private viewings, run checks on ownership status and payment plans, and evaluate market rates to negotiate good deals on your behalf.Get in touch today to kickstart your property search or ask any other questions! We’re always happy to help new clients.
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