Looking to buy property in Ras Al Khaimah? Write to us on WhatsApp and we will select the best options for you. Everybody buys from us!
Strategy 1: Buying an apartment in a building under construction to live in.
Step 2: Choosing a reliable real estate agency in Ras Al Khaimah.
Buying an apartment in a building under construction in Ras Al Khaimah is a complex and risky process that requires professional guidance and assistance. Therefore, it is essential to choose a reliable and reputable real estate agency that can help you find the best apartment for your needs, preferences, and budget, and facilitate the legal and financial procedures involved in the purchase. A good real estate agency can also provide you with after-sales services, such as maintenance, management, and resale or rental of your apartment.
However, choosing a real estate agency in Ras Al Khaimah is not an easy task, as there are many agencies that operate in the market, and not all of them are trustworthy and competent. Therefore, you need to do some research and evaluation before you select a real estate agency to work with. Here are some tips from Real Estate Group on how to choose a reliable real estate agency in Ras Al Khaimah in 2023:
1. Check the license and registration of the agency. The agency should have a valid license and registration from the Ras Al Khaimah Department of Economic Development (RAK DED) and the Ras Al Khaimah Real Estate Regulatory Authority (RAK RERA). These authorities regulate and monitor the activities and conduct of the real estate agencies and agents in Ras Al Khaimah and ensure that they comply with the laws and regulations of the emirate. You can verify the license and registration of the agency by visiting the websites of the RAK DED and the RAK RERA or by contacting them directly.
2. Check the reputation and experience of the agency. The agency should have a good reputation and a proven track record of delivering high-quality and satisfactory services to its clients. You can check the reputation and experience of the agency by reading the reviews and testimonials of its previous and current clients on its website, social media platforms, or online forums. You can also ask for referrals and recommendations from your friends, relatives, or acquaintances who have bought or sold properties in Ras Al Khaimah with the help of the agency. You should avoid the agencies that have negative feedback, complaints, or disputes with their clients or the authorities.
3. Check the specialization and expertise of the agency. The agency should have a specialization and expertise in the type of property and the area that you are interested in buying. For example, if you want to buy a luxury apartment in an under-construction building in Al Hamra Village, you should look for an agency that has extensive knowledge and experience in dealing with luxury apartments and under-construction projects in Al Hamra Village. The agency should also have a team of qualified and skilled agents who can provide you with accurate and updated information, advice, and assistance regarding the property and the area. You should avoid the agencies that have a general or vague approach to the real estate market and do not have a clear focus or niche.
4. Check the services and fees of the agency. The agency should offer a range of services and fees that suit your needs, preferences, and budget. The services and fees of the agency may vary depending on the type and the value of the property, the stage and the duration of the transaction, and the level and the quality of the service. Some of the common services and fees that a real estate agency can offer to a buyer of an apartment in an under-construction building in Ras Al Khaimah are:
4.1. Property search and selection: The agency can help you find and select the best apartment for your needs, preferences, and budget from the available and upcoming projects in the area. The agency can provide you with detailed and comprehensive information, such as the location, the size, the layout, the design, the view, the facilities, the price, and the payment plan of the apartment. The agency can also arrange for site visits and inspections of the apartment and the project. The fee for this service is usually a percentage of the value of the property, ranging from 1% to 3%, payable upon signing the reservation or the sales agreement.
4.2. Legal and financial assistance: The agency can help you with the legal and financial procedures involved in buying an apartment in an under-construction building in Ras Al Khaimah. The agency can provide you with guidance and assistance regarding the documents that you need to provide and sign, such as the passport, the visa, the bank account, the reservation agreement, the sales agreement, the power of attorney, and the title deed. The agency can also help you with the payment plan and the escrow account system, and advise you on the taxes, fees, and charges that you need to pay additionally, such as the registration fee, the service charge, the maintenance fee, and the VAT. The fee for this service is usually a fixed amount, ranging from AED 5,000 to AED 10,000, payable upon completion of the transaction.
4.3. After-sales service: The agency can provide you with after-sales service, such as maintenance, management, and resale or rental of your apartment. The agency can help you with the handover and the snagging of the apartment, and ensure that the apartment is in good condition and meets the standards and specifications of the developer and the authority. The agency can also help you with the management and the maintenance of the apartment, and ensure that the apartment is clean, secure, and functional. The agency can also help you with the resale or the rental of the apartment, and find suitable buyers or tenants for your apartment. The fee for this service is usually a percentage of the value or the income of the property, ranging from 5% to 10%, payable upon delivery or occupancy of the apartment.
Strategy 1: Buying an apartment in a building under construction to live in.
Step 3: Choosing the best apartment to live in.
Choosing the best apartment to live in is one of the most important and challenging steps in buying an apartment in a building under construction in Ras Al Khaimah. You need to consider various factors that affect the quality, value, and comfort of the apartment, such as the size, the layout, the design, the view, the facilities, and the finishing. You also need to compare and contrast the different options and offers that are available and upcoming in the area that you have chosen. Here are some tips from Real Estate Group on how to choose the best apartment to live in 2023:
1. Size: The size of the apartment refers to the total area of the apartment, measured in square feet or square meters. The size of the apartment determines the number and the dimensions of the rooms, such as the bedrooms, the bathrooms, the living room, the kitchen, and the balcony or the terrace. The size of the apartment also affects the price and the value of the apartment, as larger apartments tend to be more expensive and valuable than smaller apartments. You should choose the size of the apartment that suits your needs, preferences, and budget. You should also consider the future needs and plans of your family, such as having children, guests, or pets. You should avoid the apartments that are too small or too large for your lifestyle and expectations. The average size of a luxury apartment in Ras Al Khaimah in 2023 is 1,500 square feet (139 square meters).
2. Layout: The layout of the apartment refers to the arrangement and the distribution of the rooms and the spaces within the apartment. The layout of the apartment affects the functionality, the convenience, and the aesthetics of the apartment, as it determines the flow, the accessibility, and the appearance of the apartment. You should choose the layout of the apartment that suits your needs, preferences, and taste. You should also consider the orientation and the direction of the apartment, such as the north, the south, the east, or the west, as it affects the exposure, the ventilation, and the lighting of the apartment. You should avoid the apartments that have a poor or a complicated layout that compromises the quality and the comfort of the apartment. The average layout of a luxury apartment in Ras Al Khaimah in 2023 is open-plan or semi-open-plan, which means that the living room, the dining room, and the kitchen are connected or partially separated by walls or partitions.
3. Design: The design of the apartment refers to the style and the theme of the apartment, such as the colors, the materials, the furniture, and the decorations. The design of the apartment affects the mood, the atmosphere, and the personality of the apartment, as it reflects the preferences and the taste of the owner and the developer. You should choose the design of the apartment that suits your needs, preferences, and taste. You should also consider the possibility and the cost of customizing and personalizing the design of the apartment, such as requesting changes and modifications from the developer before the handover, or renovating and redecorating the apartment after the handover. You should avoid the apartments that have a bland or a mismatched design that does not suit your style and expectations. The average design of a luxury apartment in Ras Al Khaimah in 2023 is modern or contemporary, which means that the apartment has a sleek and minimalist look, with neutral or bright colors, and high-quality and durable materials, such as wood, metal, glass, and marble.
4. View: The view of the apartment refers to the scenery and the landscape that the apartment overlooks, such as the sea, the mountains, the city, or the garden. The view of the apartment affects the beauty, the value, and the enjoyment of the apartment, as it provides a pleasant and relaxing sight for the eyes and the mind. You should choose the view of the apartment that suits your needs, preferences, and budget. You should also consider the availability and the exclusivity of the view, as some views may be more common or more rare than others, and some views may be shared or blocked by other buildings or structures. You should avoid the apartments that have a bad or a boring view that does not suit your taste and expectations. The average view of a luxury apartment in Ras Al Khaimah in 2023 is sea view or lagoon view, which means that the apartment overlooks the Arabian Gulf or the artificial lagoon that surrounds the island or the village.
5. Facilities: The facilities of the apartment refer to the amenities and the services that the apartment and the project offer, such as the pool, the gym, the spa, the playground, the parking, the security, and the other additional features. The facilities of the apartment affect the convenience, the comfort, and the enjoyment of the apartment, as they provide various options and opportunities for leisure, recreation, and relaxation. You should choose the facilities of the apartment that suit your needs, preferences, and budget. You should also consider the quality and the quantity of the facilities, as some facilities may be more luxurious or more comprehensive than others, and some facilities may be more limited or more crowded than others. You should avoid the apartments that have poor or insufficient facilities that do not suit your lifestyle and expectations. Real Estate Group lists the average amenities of a luxury apartment in Ras Al Khaimah in 2023:
5.1. Pool: A large and clean outdoor or indoor swimming pool that is heated and cooled according to the season and the weather. The pool has a separate area for children and a jacuzzi for adults. The pool has a sun deck and a lounge area with sunbeds, umbrellas, and tables. The pool has a lifeguard and a pool attendant who provide safety and service.
5.2. Gym: A spacious and well-equipped gym that has a variety of machines and equipment for cardio, strength, and flexibility training. The gym has a personal trainer and a fitness instructor who provide guidance and assistance. The gym has a sauna and a steam room for relaxation and detoxification.
5.3. Spa: A luxurious and relaxing spa that offers a range of treatments and therapies, such as massages, facials, manicures, and pedicures. The spa has a professional and friendly staff who provide quality and service. The spa has a beauty salon and a barber shop for grooming and styling.
5.4. Playground: A fun and safe playground that has a variety of toys and games for children of different ages and interests. The playground has a soft and colorful surface and a fence that protect the children from injuries and strangers. The playground has a supervisor and a nanny who provide care and supervision.
5.5. Parking: A secure and convenient parking that has enough spaces for the residents and the visitors of the apartment and the project. The parking has a covered and underground area that protects the cars from the sun and the rain. The parking has a valet and a security guard who provide service and security.
5.6. Security: A high and reliable security that ensures the safety and the privacy of the apartment and the project. The security has a CCTV system and an intercom system that monitor and control the access and the movement of the people and the vehicles. The security has a gate and a reception that check and register the identity and the purpose of the visitors. The security has a patrol and an emergency team that respond and intervene in case of any incident or problem.
Looking to buy property in Ras Al Khaimah? Write to us on WhatsApp and we will select the best options for you. Everybody buys from us!
6. Finishing: The finishing of the apartment refers to the quality and the standard of the materials and the workmanship that are used and applied in the construction and the decoration of the apartment, such as the flooring, the ceiling, the walls, the doors, the windows, the fixtures, and the fittings. The finishing of the apartment affects the durability, the functionality, and the appearance of the apartment, as it determines the strength, the performance, and the style of the apartment. You should choose the finishing of the apartment that suits your needs, preferences, and budget. You should also consider the warranty and the maintenance of the finishing, as some finishing may be more durable or more easy to maintain than others, and some finishing may have a longer or a shorter warranty period than others. You should avoid the apartments that have a low or a faulty finishing that compromises the quality and the comfort of the apartment. The average finishing of a luxury apartment in Ras Al Khaimah in 2023 is high-end or premium, which means that the apartment has a superior and flawless finishing, with high-quality and durable materials, such as ceramic, granite, marble, wood, metal, glass, and leather, and high-standard and precise workmanship, such as painting, polishing, installing, and testing.
