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In the real estate market of Ras Al Khaimah, a property development that has just been made public and is currently accepting reservations or pre-sale inquiries is referred to as a new launch project. These projects give purchasers the chance to acquire properties at introductory pricing and select from a larger number of units because they are usually in the early phases of construction or may not have started at all.
One can stay informed about the latest new launch projects in Ras Al Khaimah by following and researching the squareyards.ae website.
Apartments, villas, townhomes, penthouses, duplexes, triplexes, and serviced apartments are frequently offered in new construction projects in Ras Al Khaimah. Occasionally, commercial areas like offices and retail stores are also available.
Purchasing a unit in a new launch project in Ras Al Khaimah provides access to modern facilities and designs, competitive pricing, flexible payment options, great rental yield potential, and a high potential for capital growth. It also offers a wide selection of units and warranty advantages.
Yes, bank mortgages, developer-offered payment plans, and occasionally unique financing solutions in collaboration with financial institutions, catered to both UAE citizens and foreign investors, are available as financing choices for buying new launch properties in Ras Al Khaimah.
Depending on the size and complexity of the project, new launch projects in Ras Al Khaimah often take two to five years to complete.
Government fees are associated with buying new launch properties in Ras Al Khaimah. These fees consist of a 4% registration charge levied by the Dubai Land Department, a 0.25% registration fee for mortgages (if applicable), and administrative costs related to the delivery of title deeds and property registration.
One can get in touch with real estate developers directly to receive event notifications, keep up with real estate agencies and industry news, and keep an eye out for announcements of major real estate expos like Cityscape on their official websites and social media channels if you want to attend launch events or property expos for new projects in Ras Al Khaimah.