Ras Al Khaimah under AED 1.5 million: 57 listings, and how much space each area gives you

On napinvest.me, 57 listings of entry-level property in Ras Al Khaimah cost AED 1.5 million or less, and how much space that buys depends on the area. In the four areas with the most listings, the median size runs from about 410 to 600 sq ft. The median is the middle value: half the listings are bigger, half are smaller.

On 4 November we counted every one of the 156 Ras Al Khaimah listings on napinvest.me. 57 of them cost AED 1.5 million or less, and 25 cost AED 1 million or less. A listing of entry-level property in Ras Al Khaimah is either a single home or a project page. On a project page, price and size are the project’s starting figures: the from-price and the size of the smallest unit. Larger units in the same project aren’t in this count.

Ras Al Khaimah is the northernmost of the seven emirates of the United Arab Emirates. On napinvest.me the emirate is split into seven areas.

Which areas have entry-level property in Ras Al Khaimah up to AED 1.5 million?

Of the 57 listings up to AED 1.5 million in Ras Al Khaimah, 25 are on Al Marjan Island, 11 in RAK Central, 10 in Mina Al Arab and 4 in Al Hamra Village.

Al Jazirah Al Hamra and Raha Island have two each and Hayat Island has one. That puts 55 listings in seven areas, and two more only give Ras Al Khaimah as the location.

For 25 of these, entry-level property in Ras Al Khaimah costs AED 1 million or less, about £202,900 or €243,400 at the 3 November rate.

You’ll find the listings for the four biggest areas on our area pages for Al Marjan Island, RAK Central, Mina Al Arab and Al Hamra Village.

How much space does entry-level property in Ras Al Khaimah give you?

Up to AED 1.5 million, entry-level property in Ras Al Khaimah has a median size between about 410 sq ft in RAK Central and 600 sq ft in Al Hamra Village, across the four areas with the most listings.

We converted from square metres at 10.76 sq ft each, rounded to the nearest ten. Mina Al Arab sits in between at about 450 sq ft.

Al Marjan Island has the most listings and 16 different developers. But among the four areas with the most listings, it’s only just ahead of RAK Central, at about 430 sq ft against 410.

Al Hamra Village rests on only four listings, a small sample. Al Jazirah Al Hamra and Raha Island (two each) and Hayat Island (one) are smaller still.

Most median sizes sit between about 370 and 470 sq ft, the kind of size you’d know from studios and small one-bedroom flats. We don’t count bedrooms, because many project pages leave that field empty.

In Mina Al Arab, sizes up to AED 1.5 million run from about 340 to 1,400 sq ft, and on Al Marjan Island from about 300 to 670 sq ft. So when you compare entry-level property in Ras Al Khaimah, ask for the exact size of each unit.

What is AED 1.5 million in pounds and euros?

At the UAE Central Bank’s rate for 3 November 2026, AED 1.5 million came to about £304,400, or about €365,100, against about £299,500 or €349,700 on 21 August.

That’s about £4,900 or €15,400 more for the same dirham amount, and all of it comes from the exchange rate. The figures come from the UAE Central Bank exchange rates. We don’t forecast where they go next.

Our guide to the EUR to AED exchange rate shows how this plays out across instalments. The pound isn’t tied to the dollar, so if you budget in sterling, your cost moves with the pound against the dollar.

What changes if you’re buying from the UK?

For a buyer based in the United Kingdom, UAE lending rules and UK tax rules matter as much as the asking price.

If you’re buying from the UK, two more things change the maths. UAE banks lend at most 50% on an off-plan home, so you pay at least half of the price yourself, in cash or through the developer’s payment plan. And the rent isn’t tax-free for you: as a UK resident you declare it to HMRC, and there’s no UAE tax to set against it.

The 50% limit on off-plan lending is part of the UAE Central Bank’s mortgage regulation. The UAE levies no income tax on individuals, as the UAE government portal sets out. A UK tax adviser can tell you how that applies to you.

What doesn’t the price of entry-level property in Ras Al Khaimah show?

What the price of a listing in Ras Al Khaimah doesn’t show: when you get the keys, how much is due before then, and what service charges add every year. Those three points often separate two listings at the same price more than the size does.

Off-plan means buying before the building is finished. The developer’s payment plan sets which part of the price falls due when, and the handover date is the month you’re meant to receive the keys. For Al Marjan Island we’ve sorted the listings’ handover dates by period.

What are service charges?

Service charges are the yearly fees an owner in Ras Al Khaimah pays for running and maintaining a building’s shared areas. The developer or the building’s management can tell you the amount, so ask before you compare two listings.

If you’re comparing entry-level property in Ras Al Khaimah on a fixed budget, pick the area by size, ask which unit the from-price belongs to, and get the handover date, payment plan and service charges in writing.

Budgeting in pounds or euros from the UK? Send us a message and we’ll share the shortlist for the area that fits you.