Ras Al Khaimah, United Arab Emirates
Price from
≈ $985,402AED 3,618,888Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 31,745 / m²
+31% vs the city median (Ras Al Khaimah), sample of 37 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago
Properties
Condominium
Area
90 - 1345 m²
Bedrooms
1 - 5
Readiness
Under construction
Available
6 of 6
Dry season
May, Jul, Aug
Properties
Condominium
Area
90 - 1345 m²
Bedrooms
1 - 5
Readiness
Under construction
Is this expensive for the city
$8,644per m²pricier than 85% of city projects
+31% vs the city median (Ras Al Khaimah), sample of 37 projects
Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
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What it really costs
Payment plan
Step 1
On booking
10%$98,540
Step 2
Tax
4%$39,416
Step 3
Before commissioning
40%$394,161
Step 4
On transfer
50%$492,701
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$3,785
$45,418
5.7%
4.6%
$1,318,690
57%
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When is the season here
Driest months: May, Jul, Aug
Wettest months: Jan, Mar, Dec
Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.1 | 23 |
| Feb | 21.1 | 10 |
| Mar | 23.7 | 16 |
| Apr | 27.5 | 6 |
| May | 31.5 | 1 |
| Jun | 34.1 | 2 |
| Jul | 35.7 | 1 |
| Aug | 35.7 | 1 |
| Sep | 33.7 | 1 |
| Oct | 30.8 | 2 |
| Nov | 26.4 | 8 |
| Dec | 22.4 | 14 |
Source: NASA POWER, climate normal (2001-2020). Grid node 25.7, 55.8. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Total units
6
Available
6
Area
90 - 1345 m²
Properties
Condominium
Status
Under construction
Total units
6
Available
6
Area
90 - 1345 m²
Description
All six units at La Mer by Elie Saab remain available, in a two-building condo development by Arte Developments in Ras Al Khaimah, United Arab Emirates. The project is currently under construction in the Ras Al Khaimah region.
Unit sizes range from 90.48 sqm to 1,345.48 sqm, with bedroom counts from 1 to 5. Prices start at AED 3,618,888 and go up to AED 49,637,888, with an average price per sqm of AED 39,997. This spread covers everything from compact one-bedroom units to considerably larger residences.
With 6 of 6 units still on the market, buyers currently have access to the complete range of layouts and sizes on offer. The development is spread across two buildings, which sets the physical scale of the project. All figures for area, bedroom count, and pricing are stated as recorded, without rounding beyond the values given.
La Mer by Elie Saab is a condo property, still under construction, located in Ras Al Khaimah, in the UAE, within the Ras Al Khaimah region.
Location
Ras Al Khaimah, United Arab Emirates
Market context
Residential price growth
39% YoY
Apartment price level
Dh2,000 per sqft
Rental growth
5% YoY
Average gross rental yield
5.6%
Foreign buyer share
68%
Ras Al Khaimah’s residential market is on a sharp upward trajectory, with prices and rents both posting solid year‑on‑year gains and the emirate attracting a growing share of foreign investors. The momentum is underpinned by strong economic growth, new premium projects such as the Wynn Al Marjan Resort and expanding tourism, suggesting continued capital appreciation and robust rental demand into 2026.
Sources (6) · updated 21/08/2026
- UAE: RAK property rally continues in 2025 as prices near Dh2,000 per sqft | Khaleej Times
- UAE: RAK Property Rally Continues In 2025 As Prices Near Dh2,000 Per Sqft
- Why savvy investors are flocking to Ras Al Khaimah - Construction Week Online
- ValuStrat Launches Ras Al Khaimah ValuStrat Price Index - ValuStrat
- UAE Real Estate In 2025: Ras Al Khaimah Emerges As Hotspot
- Ras Al Khaimah Real Estate Investment 2025 | Growth & ROI Guide
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