Golden Visa Properties in Ras Al Khaimah — Waterfront Investment from AED 2,000,000

Yes. Properties in RAK’s designated freehold zones qualify for the UAE Golden Visa under the same conditions as Dubai. The minimum investment is AED 2,000,000. The visa is valid for 10 years and covers all seven emirates. The application is processed through RAK Municipality and the ICP rather than the DLD, but the eligibility criteria and visa terms are identical. Ready and off-plan properties from registered developers qualify.

Yes. The UAE Golden Visa is a federal residence permit. It is not restricted to the emirate in which the qualifying property is located. A Golden Visa obtained through a RAK property grants the right to live, work and travel freely across Dubai, Abu Dhabi, Sharjah, and all other emirates. The holder may reside anywhere in the UAE or travel internationally without the visa being cancelled.

Wynn Al Marjan Island is the UAE’s first fully integrated resort. The USD 5.1 billion development is on track to open in Spring 2027. Its construction has contributed to strong demand and price growth on Al Marjan Island — prime apartment prices rose 32% year-on-year in 2025. A direct road link to the Dubai highway network — the Wynn Bridge — is under construction and due for completion in late 2026, further improving connectivity for residents. The project reinforces the long-term investment case for Al Marjan Island waterfront property.

RAK offers more property per dirham at the AED 2,000,000 threshold. Prime apartment prices in RAK reached AED 2,428 per square foot in 2025, compared with AED 3,779 per square foot for branded residences in Dubai. At the qualifying threshold, a buyer in RAK typically secures a larger waterfront apartment with direct sea views. The price differential is particularly pronounced for waterfront and beach-adjacent units, where Dubai Marina and Palm Jumeirah prices are substantially higher for equivalent or smaller floor areas.

No. The Golden Visa application for RAK properties is processed through RAK Municipality and the ICP. The medical fitness examination can be completed at any approved health centre across the UAE, including in Dubai or Abu Dhabi. The Emirates ID is delivered to any UAE address. There is no requirement to attend a RAK-specific facility or to reside in RAK at any point during the application process.

Mira Developments supports buyers throughout the property acquisition and registration process, including documentation guidance and coordination with the relevant authority. Mira Developments is not a licensed visa agency or immigration adviser. The company’s support covers the property purchase and registration stage that forms the basis of the Golden Visa application. Buyers who require professional visa filing support should engage a licensed PRO or immigration advisory firm.

Mira Developments projects in RAK where units are priced at AED 2,000,000 or more qualify for the 10-year Golden Visa. Units priced below this threshold qualify for the 2-year investor visa at handover. Gianfranco Ferré Residences on Al Marjan Island starts from AED 1,600,000 — specific unit configurations priced at or above AED 2,000,000 are available within the project. Multiple properties may be combined to reach the threshold, provided all are registered under the same applicant’s name.

Gross rental yields on prime apartments in RAK averaged approximately 7,8% in 2025, at the upper end of the 6% to 8% range typical of Dubai’s premium freehold communities. Branded residences on Al Marjan Island generally command higher asking rents than non-branded equivalents in the same location. Apartment rents across RAK’s prime waterfront zones rose nearly 25% year-on-year in 2025, supported by sustained demand and the approach of the Wynn resort opening. Actual yields depend on the specific unit, entry price, and market conditions at the time of letting.

Yes. Off-plan properties qualify for the Golden Visa provided the total purchase value reaches AED 2,000,000 and the developer is registered with the relevant authority. Mira Developments is registered with RERA. All off-plan purchases in RAK are registered through RAK Municipality’s system. Visa eligibility applies from the date of registration, without waiting for handover or title deed issuance.

No. The UAE levies no personal income tax, no rental income tax and no capital gains tax. All rental revenue and proceeds from the sale of a RAK property are retained in full by the owner. The standard property registration fee in RAK is 4% of the purchase price, payable once at the point of registration. There is no annual property tax or recurring ownership levy.