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Palm JumeirahAED 3,615/sqftDubai Maritime CityAED 3,133/sqftDowntown DubaiAED 2,914/sqftDubai IslandsAED 2,755/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,554/sqftDubai MarinaAED 2,495/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,285/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,045/sqftJumeirah Village TriangleAED 1,662/sqftDubai SouthAED 1,647/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,502/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm JumeirahAED 3,615/sqftDubai Maritime CityAED 3,133/sqftDowntown DubaiAED 2,914/sqftDubai IslandsAED 2,755/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,554/sqftDubai MarinaAED 2,495/sqftDubai Hills EstateAED 2,444/sqftJumeirah Lakes TowersAED 2,285/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,045/sqftJumeirah Village TriangleAED 1,662/sqftDubai SouthAED 1,647/sqftArjanAED 1,594/sqftJumeirah Village CircleAED 1,502/sqftDubai Sports CityAED 1,330/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
Development LandAl Maireed, Ras Al KhaimahAED 80,000,000

Strategic Tourism Plot — Al Maireed, Ras Al Khaimah

A waterfront tourism plot at Al Maireed, Ras Al Khaimah: 58,197.93 sq ft, G+4, FAR 2.5, GFA 145,494.83 sq ft, AED 80,000,000 — AED 1,374.62 per sq ft of plot.

Register investor interest
Asking priceAED 80,000,000For the plot outright. Freehold, per the owner's terms
Plot area58,197.93 sq ftThe land itself. This is the area the headline rate below is quoted on
RateAED 1,374.62 per sq ft of plotOn PLOT area. On the 145,494.83 sq ft of GFA the same price is AED 549.85 per sq ft of GFA — our own arithmetic
GFA145,494.83 sq ftPlot area × FAR 2.5, which is the figure the owner quotes and the figure our own arithmetic returns
HeightG + 4Per the owner's particulars, at an FAR of 2.5
PermissionTourism / hospitalityPer the owner's particulars. The permitted envelope is confirmed with the Ras Al Khaimah authorities as part of a buyer's own due diligence
FrontageWaterfront, with sea frontagePer the owner's particulars

Overview

The opportunity

This plot is in Ras Al Khaimah, not Dubai. It is a waterfront site with sea frontage at Al Maireed, of 58,197.93 square feet, permitted for tourism and hospitality use at G+4 and an FAR of 2.5 — a gross floor area of 145,494.83 square feet. It is available, offered freehold, at AED 80,000,000, which is AED 1,374.62 per square foot of plot. That rate is on the land, not on the buildable area; on the GFA the same price is AED 549.85 per square foot of GFA, and both bases are labelled everywhere they appear on this page.

The figures below are the owner's, and we re-derived each of them before publishing: the GFA is the plot area times the FAR to the hundredth, and the rate is the price divided by the plot area to the fenn. Ras Al Khaimah sits outside the Dubai Land Department record that anchors the rest of this site, so this page carries no Dubai comparable and none is implied by anything on it; title, the freehold designation, the permitted envelope and the approvals position are established with the Ras Al Khaimah authorities as part of a buyer's own due diligence.

THE ASKING PRICE — AED 80,000,000

The asking price is AED 80,000,000 for the plot. It is the price the owner is asking, not a price anything has traded at.

On the plot area of 58,197.93 square feet that is AED 1,374.62 per square foot of plot, and the six words after the figure are the load-bearing part of the sentence. Land is priced on the land here. The same AED 80,000,000 measured against the 145,494.83 square feet of gross floor area the plot supports is AED 549.85 per square foot of GFA — our own arithmetic, given so that the two rates sit beside each other rather than one of them being met later as a surprise. The ratio between them is exactly the FAR, 2.5.

Both are correct. Which one is relevant depends on what is being compared: a buyer testing this against other land is comparing plot rates, and a developer testing it against a build budget and a sale price is comparing GFA rates. A rate quoted without its basis is not a figure at all, which is why no rate appears anywhere on this page without one.

Key information

The asset, the income & the terms

Emirate
Ras Al Khaimah, United Arab Emirates — not Dubai
Location
Al Maireed, Ras Al Khaimah
Frontage
Waterfront, with sea frontage
What is offered
The development plot, outright. The owner is also open to a joint venture
Status
Available
Permitted use
Tourism / hospitality
Plot area
58,197.93 sq ft
Height
G + 4
FAR
2.5
GFA
145,494.83 sq ft
Asking price
AED 80,000,000
Rate on plot area
AED 1,374.62 per sq ft of plot
Rate on GFA
AED 549.85 per sq ft of GFA — our own arithmetic on the two figures above
Tenure
Freehold, per the owner's terms

Plot area, height, FAR, GFA, permitted use, tenure and the asking price are the owner's particulars. The rate on GFA is our own arithmetic, and the rate on plot area and the GFA itself were both re-derived from the owner's figures and agree with them — see Sources.

THE PLOT, AND WHAT IT PERMITS

The site runs to 58,197.93 square feet with sea frontage, and the permission is tourism and hospitality at G+4 with a floor area ratio of 2.5. At that ratio the consented gross floor area is 145,494.83 square feet — the owner's figure, and the figure the multiplication returns.

G+4 against an FAR of 2.5 is a low-rise envelope spread broadly across the site rather than concentrated into a tower on part of it, which is the usual shape of a resort or hotel scheme rather than a high-rise one. On a plot with sea frontage the first design question is how much of that frontage the scheme turns to the water and how much it holds back for arrival, service and parking, and that decision drives both the build cost and the achievable rate more than the height does.

The permitted envelope, the setbacks, the coverage and the approvals position are confirmed with the Ras Al Khaimah authorities by the buyer's own advisers before the development allowance is priced into an offer. Contact us and we will request the owner's drawings and the approvals he holds alongside the title documents.

OUTRIGHT PURCHASE, OR JOINT VENTURE

The plot is listed for sale outright at AED 80,000,000, and that is the straightforward route: buy the land, take the consent, build the scheme.

The owner is also open to a joint venture, and the JV details are confirmed with him directly. The ratio is not quoted upfront because it is set by the feasibility — the scheme, the operator, the build cost, the phasing and the sales or operating assumptions behind them. A ratio agreed before any of that is known is a number agreed in the dark, and on a hospitality site the operator agreement usually moves it more than the land value does.

If you would rather come to the owner with a scheme and a structure than with a cheque, tell us what you have in mind and we will take it to him with you.

RAS AL KHAIMAH — WHAT IS DIFFERENT ABOUT BUYING HERE

Ras Al Khaimah is a separate emirate with its own land and real estate regulatory authorities. That is not a footnote on this page; it decides what this page is able to show you.

Every market figure Mitchell's publishes — every transaction band, every price index, every rental benchmark, every project comparable — is drawn from the Dubai Land Department record, and that record covers Dubai. It does not reach Ras Al Khaimah, and nothing this site holds does. So the figures on this page are the owner's particulars and our own arithmetic on them, and there is no register join underneath them of the kind a Dubai plot on this same hub would carry.

What follows from that is practical rather than cautionary. Title, the freehold designation of this specific plot, the registered plot area against the 58,197.93 square feet quoted, the permitted envelope behind the G+4 and the FAR of 2.5, and the approvals position on any proposed scheme are all established with the Ras Al Khaimah authorities by the buyer's own advisers. We will assemble the document set with the owner and sit on your side of the table through it.

WHERE IT SITS

The plot is at Al Maireed, in Ras Al Khaimah, and it is a waterfront site with sea frontage.

The map on this page is drawn from that place line rather than from a measured pin, because no coordinates have been supplied and none has been invented. For the plot boundary and its exact position and frontage, ask us and we will request the owner's boundary drawing.

Location

Where the asset is located — Al Maireed, Ras Al Khaimah

Al Maireed, Ras Al Khaimah

Location

Strategic Tourism Plot — Al Maireed, Ras Al Khaimah — Al Maireed, Ras Al Khaimah, United Arab Emirates

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Got questions?

Get Answers!
Questions

COMMON QUESTIONS

Is AED 1,374.62 per square foot the price of buildable area?

No — and the difference is large enough to change a decision. AED 1,374.62 is the asking price divided by the PLOT area of 58,197.93 square feet. It is the rate for the land.

The buildable area is the GFA: 145,494.83 square feet at an FAR of 2.5. Divide the same AED 80,000,000 by that instead and the rate is AED 549.85 per square foot of GFA — our own arithmetic, shown so the two cannot be confused. Every rate on this page names the area it is quoted on, and where a rate appears without that label it should be assumed to be wrong.

Do the owner's figures reconcile?

Yes, and we re-derived them rather than taking them on trust. 58,197.93 square feet at an FAR of 2.5 is 145,494.825 square feet, which is the 145,494.83 of GFA he quotes to the hundredth. AED 80,000,000 divided by 58,197.93 square feet is AED 1,374.6193, which is the AED 1,374.62 per square foot of plot he quotes to the fenn.

There is no contradiction anywhere in the set, so nothing on this page had to be chosen between two figures. Where a figure below is ours rather than his — the GFA rate, principally — it is labelled as ours at the point it is printed.

Is this plot in Dubai?

No. It is in Al Maireed, in the emirate of Ras Al Khaimah. That matters beyond geography: every market figure this site publishes is drawn from the Dubai Land Department record, and that record covers Dubai.

So this page carries no transaction comparable, no price band, no index and no rental benchmark — not because the plot is weak, but because the register that anchors the rest of this site does not reach it. Ras Al Khaimah has its own land and regulatory authorities, and title, the freehold designation of the specific plot, the permitted envelope and the approvals position are all established with them by the buyer's own advisers.

Can it be taken as a joint venture rather than bought outright?

It is listed for sale, and the owner is open to a joint venture; the JV terms are confirmed with him directly.

The ratio is not quoted upfront, and that is the right way round: on a tourism plot the split follows the feasibility — the scheme, the operator, the build cost and the phasing — rather than the feasibility being fitted to a ratio agreed before any of it is known. Bring us a scheme, or ask us to help shape one, and we will take the structure to the owner with it.

What does G+4 at an FAR of 2.5 actually allow?

Ground plus four floors, with total gross floor area capped at 2.5 times the plot — 145,494.83 square feet on this site. The permission is tourism and hospitality.

A low height against a generous floor area ratio is the shape of a low-rise resort or hotel scheme spread across the site rather than a tower on part of it, and on a plot with sea frontage the massing question is how much of that frontage the scheme presents to the water. The permitted envelope, the setbacks and the coverage are confirmed with the Ras Al Khaimah authorities before an offer is priced; contact us and we will request the owner's own drawings and approvals alongside the title documents.

Please note. The above is general information about how transactions work in Dubai, not legal, tax or financial advice, and it is not a recommendation to buy. Fee rates, tenure rules and residency requirements change, and your own position may differ. Take your own independent legal and tax advice before you commit to a purchase.

Small print

Sources, provenance & what is not published

Every figure on this page is traceable

SOURCES

  • The owner's particulars for the plot, supplied to Mitchell's and published on this site on 17 September 2026. The location, the sea frontage, the availability, the tourism and hospitality permission, the plot area of 58,197.93 sq ft, the height of G+4, the FAR of 2.5, the GFA of 145,494.83 sq ft, the freehold tenure, the asking price of AED 80,000,000 and the rate of AED 1,374.62 per sq ft of plot all come from that source, as does the position that the plot is listed for sale with joint venture terms to be agreed with the owner and the ratio set by the feasibility.
  • Mitchell's own arithmetic, recomputed 17 September 2026, on the owner's figures. 58,197.93 × 2.5 = 145,494.825, i.e. the 145,494.83 sq ft of GFA quoted, to the hundredth. AED 80,000,000 ÷ 58,197.93 sq ft = AED 1,374.6193, i.e. the AED 1,374.62 per sq ft of plot quoted, to the fenn. AED 80,000,000 ÷ 145,494.83 sq ft = AED 549.8477, i.e. AED 549.85 per sq ft of GFA — this last figure is ours and is not quoted by the owner. Every figure the owner supplied agrees with every other one, so no figure on this page was chosen between competing versions.
  • No Dubai Land Department source is cited, and none could be. The DLD record that anchors every market figure elsewhere on this site covers Dubai; this plot is in Ras Al Khaimah. No transaction comparable, price band, index or rental benchmark is published on this page, and no Dubai figure has been used to support anything on it.
  • The basis of every rate is printed beside it. AED 1,374.62 is per square foot of PLOT area; AED 549.85 is per square foot of GFA. The ratio between them is the FAR of 2.5. A rate on this asset quoted without its basis should be treated as wrong.
  • This page is not legal, tax or investment advice, and it is not a valuation. Contact us and we will put you in front of the owner's documents.

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