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Here are the most frequently asked questions about selling your home
My quick take on why 2025 is a seller’s market in Ras Al Khaimah
Ras Al Khaimah’s residential prices jumped an eye-catching 39 % year-on-year in Q1 2025, fuelled by luxury launches on Al Marjan Island and a record AED 2.4 billion in off-plan sales. Sellers who list now can ride that momentum while comparable stock is still scarce. cbre.ae
Demand is visibly running ahead of supply: off-plan units are selling out before handover, and developers report 15–20 % price hikes across key segments this spring alone. Buyers feel the urgency to lock in before the next wave of appreciation, giving vendors strong negotiating leverage. Khaleej Times
Add the macro tailwinds—Wynn’s $3.9 billion resort, airport expansion, and 4 % annual GDP growth forecasts—and the window to crystallise gains looks compelling. If you’ve held your asset for a few years, the current spike offers a rare chance to capture outsized capital appreciation with minimal time on market. In short: list, price realistically, and you’re likely to close quickly and profitably.
Essentials a buyer must have on hand when completing a property purchase in Ras Al Khaimah (RAK)
| Category | Documents / information | Notes & when they are checked |
|---|---|---|
| Identity & legal status | • Original passport (foreign buyers) or Emirates ID + residency visa page (residents) • Up-to-date contact details (UAE mobile & e-mail) | Needed from day-one (reservation) and again at Land Department transfer. mun.rak.ae |
| If buying through a company | • Trade licence • Memorandum & Articles of Association • Board resolution naming the authorised signatory | All must be stamped originals or MOFA-attested copies. mun.rak.ae |
| Proof of funds / finance | • Manager’s cheque(s) for the 10 % deposit and transfer fees (2 % of price) • Bank statements or source-of-funds declaration for AML • Mortgage pre-approval / offer letter and valuation (if financed) | Banks will also issue their own No-Objection Certificate (NOC) before transfer. |
| Contract package | • Signed Memorandum of Understanding (Form F) or Sale & Purchase Agreement • No-Objection Certificate from the developer (for free-hold communities) • Original title deed / unit SPA from seller (your broker verifies before transfer) | Without the developer NOC the Land Department will not process the deal. TopLuxuryProperty.com |
| Powers of Attorney | • Notarised & MOFA-attested POA if someone will sign for you | The original POA must be shown at the transfer counter. |
| Special circumstances | • Inheritance certificate / guardianship order (if heirs or minors involved) • Sheikh Zayed Housing Programme finance letter (if applicable) | Listed in the municipality’s required-documents schedule. mun.rak.ae |
Quick timeline — when you actually hand these over
- Reservation / offer signing: broker takes passport/EID copy + 10 % deposit cheque.
- Developer NOC stage: pay the NOC fee (usually AED 500-1 000) and submit passport/EID + signed Form F.
- Transfer appointment at RAK Land & Properties Sector (Customer Happiness Centre): bring all originals listed above; pay 2 % transfer fee, AED 250 title-deed issuance, and AED 3 000 registration fee for ready units (off-plan transfers follow the escrow route).
- Title deed issued on the spot (average counter time ≈ 20 minutes if paperwork is complete).
Tip: RAK Land Department now accepts the UAE Pass digital ID for some verifications, but always carry the physical documents in case the system is offline.
Having these items prepared in advance keeps the transaction smooth and prevents last-minute delays at the transfer counter.
Typical pricing for a buyer-side home inspection in Ras Al Khaimah (2025)
| Property size | What you get (standard snagging scope) | Typical fee |
|---|---|---|
| Studio / 1-bed apartment (≤ 600 sq ft) | Visual snag list, MEP checks, photo report | AED 500 – 1,000 (some firms advertise “from AED 800”) urbangrid.ae |
| 2- to 3-bed apartment or small townhouse (≈ 900–1,600 sq ft) | Full snagging + basic thermal/moisture scan | AED 1,500 – 2,000 (RAK market guide lists a flat AED 2,000 line-item for “home inspection report”) eplogoffplan.com |
| Villa / large penthouse (2,000 – 4,500 sq ft) | Comprehensive snagging, roof & façade, A/C balancing | AED 2,500 – 4,000 (rates mirror Dubai averages) Land Sterling |
| Very large villas (5,000 sq ft +) or bespoke RICS Level 3 survey | Adds drone roof survey, thermal imaging, structural engineer review | AED 4,000 – 6,000 + (often quoted at ≈ AED 1 per sq ft) austenitetech.ae |
What drives the quote?
Square footage & bedroom count – most inspectors bundle time on site and report length around size bands or charge ≈ AED 1 / sq ft for anything above 4,000 sq ft. bso.ae
Scope of extras – thermal imaging, mould or pest swabs, and re-inspection visits (usually 30-40 % of the first fee) push the total up.
Turn-around speed – “same-day PDF report” or weekend slots often add AED 200-300.
Certification level – RICS-chartered or ISO-accredited firms price ~10-15 % higher than smaller outfits.
Rule of thumb: Budget ≈ 0.25 – 0.5 % of the purchase price for a professional inspection. On a AED 1 million villa that’s AED 2,500–5,000—well below what one hidden structural or A/C issue can cost to fix.
Tips to keep costs in check
Get at least two quotes and ask for a sample report to compare depth of findings.
Confirm whether a re-inspection is included (many firms give a discounted follow-up once the developer fixes snags).
Verify insurance & credentials; reputable companies carry PI insurance and issue RAK-municipality–compliant reports.
Align the booking with your developer’s NOC or mortgage valuation visit to avoid paying twice for site access.
