218 000 $
Ras al-Khaimah, UAE (United Arab Emirates)
Start of sales of apartments in Ellington Views 2 right by the sea in Ras al-KhaimahWho will suit: Exactly investors: the project is located a couple of minutes walk from...
Flat in Ras al-Khaimah. City - Ras al-Khaimah
Azure by Lapis — an innovative residential project in the emirate of Ras Al Khaimah with a focus on style, comfort and investment!
The Azure by Lapis project by the developer Lapis Properties is located in the Al Hamra Industrial / RAK Central area (Emirate of Ras Al Khaimah).
The project's amenities include: a pool (or pools), fitness room, children's area, yoga/meditation. This provides not just a home, but a full-fledged environment for relaxation and an active lifestyle.
Location and transport accessibility
Azure by Lapis is located very close to the key points of the Ras Al Khaimah area:
- to Marjan Island — approximately 10 minutes' drive.
- the RAK Central growth corridor plays its role, which strengthens the area's prospects as an investment zone.
Given the newness of the area, the housing format and the quality of execution — one can aim for a rental yield of ≈ 7-9% per annum (approximate) and value growth as the project and infrastructure are completed.
Contact now to receive the Azure by Lapis brochure, get acquainted with the layouts, clarify payment terms and reserve the best lots at launch.
This property will suit those who today are choosing apartments in Dubai and studying current offers on the real estate market in 2025–2026.
In UAE (United Arab Emirates) a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ras al-Khaimah; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in UAE (United Arab Emirates) finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of UAE (United Arab Emirates) takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Ras al-Khaimah short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (228 179 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Ras al-Khaimah: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).