THE TOURISM 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.
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 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.
