Description
The plot with an area of about 6,000 m² for construction a 6-storey residence.
Financial performance
The price is about 10,454,080 AED.
Joint venture is also possible (the land belongs to the investor, the construction part is taken over by another investor).
Transaction costs
Federal tax (VAT) — 5%.
Registration fee (Dubai Land Department transfer fee) — 4%.
Brokerage fee — 2%.
Location and nearby infrastructure
The property is located near a casino, on the second sea line (2 minutes walk from the coast).
Ras Al Khaimah is an emirate in northern UAE. The population is about 300,000 people. In 2000 the free-trade zone was opened in the emirate. The region is of great interest for tourist business.
