Investing in Al Marjan Island: Yields, Appreciation & Ownership
Who can buy, how ownership works, and the taxes and duties for buying property in Al Marjan Island.
Who can buy in Al Marjan Island
Ras Al Khaimah offers freehold property ownership in designated zones including Al Marjan Island, Al Hamra Village, Mina Al Arab and Dafan Al Nakheel. Foreigners over 21 qualify under Article 12 of the Real Estate Register Law, with oversight from RERA-RAK.
| Buyer | Permitted | Tenure | Conditions |
|---|---|---|---|
| UAE / GCC National | Yes | Freehold | Anywhere in emirateApproval: RERA-RAK |
| Foreign National (freehold zones) | Yes | Freehold | Freehold in designated areas; age 21+Approval: RERA-RAK registration |
Ras Al Khaimah rule, applies in Al Marjan Island.
Stamp duty and registration in Ras Al Khaimah
In Ras Al Khaimah, property transfer fees are typically around 4% of the property's purchase price. This fee is payable to the Ras Al Khaimah Land Department.
| Property value | Stamp duty | Registration |
|---|---|---|
| All property values | N/A | 4% of purchase price |
Ras Al Khaimah rule, applies in Al Marjan Island.
Capital gains on a sale
The UAE does not impose capital gains tax on individuals, regardless of residency. Capital gains are taxed as part of regular business profits for companies.
| Holding period | Classification | Tax rate | Indexation |
|---|---|---|---|
| N/A | Individual | 0% | N/A |
| N/A | Corporate (as business profit) | 9% | N/A |
UAE rule, applies in Al Marjan Island.
Always consult a licensed real estate attorney before purchase. Rules change; verify current law. Always confirm with a qualified tax professional. Rules change; verify with a professional before you transact.
Frequently asked questions about Al Marjan Island
Yes. Freehold in designated areas; age 21+
Buying or selling in Al Marjan Island?
Tell us once. Our team connects you with the right homes, or the right buyers.