How overseas buyers buy property in Ras Al Khaimah

What to know first

• Wynn Al Marjan Island — the UAE's first federally licensed casino resort — confirmed opening September 2027, a $5.7 billion integrated development
• Ranked the UAE's 4th most popular destination for global HNWI property investment, after Dubai, Abu Dhabi and Sharjah
• Same federal tax and residency framework as Dubai — 0% income/capital gains tax, AED 2M Golden Visa threshold — at a materially lower entry price point
• Major developer presence already on Al Marjan Island: Emaar, Aldar, DAMAC, Ellington and Beyond
• A newer, smaller freehold market than Dubai — expect thinner resale liquidity until the Wynn resort opens and the island's track record lengthens

The general process

1. Confirm what foreigners may own in Ras Al Khaimah and in which areas.
2. Set your budget in AED, including taxes, fees and currency costs.
3. Shortlist areas and check the developer or seller.
4. Appoint an independent local lawyer before paying anything substantial.
5. Reserve, sign the contract, and pay through the approved channel.
6. Complete registration, and take tax advice in both countries on any rent or sale.

The exact steps and order differ by country and by project.

Financing for foreign buyers

Maximum loan to value

Up to 50% for non-residents (same UAE-wide framework as Dubai/Abu Dhabi)

Typical rate

4.5–6.5% p.a.

Notes

Same major UAE banks active as in Dubai; a newer freehold market so fewer RAK-specific mortgage products than Dubai

Residency through property

Programme

UAE Golden Visa (federal program, same as Dubai/Abu Dhabi)

Threshold

AED 2M+ property investment

Taxes and running costs

Income tax on rent

0%

Capital gains tax

0%

Annual property costs

Service charge varies by development

Area guides in Ras Al Khaimah