What is the payment plan for Armani Beach Residences by RAK?

Armani Beach Residences by RAK by RAK Properties is sold on a 5/45/50 plan: 5% on booking, 45% during construction, 50% upon handover, as published by the developer.

How much is the booking amount for Armani Beach Residences by RAK?

5% of the price. On the cheapest unit at AED 26.7M that is AED 1,333,900.

How much do I pay before I get the keys to Armani Beach Residences by RAK?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 26.7M that is AED 26.7M by handover in Q1 2029.

Does Armani Beach Residences by RAK have a post-handover payment plan?

No. The published plan completes at handover in Q1 2029.

What are the registration fees on Armani Beach Residences by RAK?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 26.7M that is AED 1,067,120. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Armani Beach Residences by RAK?

RAK Properties publishes Q1 2029, which is 30 months from now.

RAK Properties · Mina Al Arab · handover Q1 2029

Armani Beach Residences by RAK payment plan

Armani Beach Residences by RAK by RAK Properties in Mina Al Arab, Ras Al Khaimah is sold on a 5/45/50 payment plan. On the cheapest unit, starting from AED 26.7M, that is AED 26.7M (100%) paid by handover in Q1 2029. Handover is 30 months away.

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The Armani Beach Residences by RAK payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	5%
During construction	45%
Upon Handover	50%

On the cheapest unit (4–6 BR, AED 26.7M)

On booking	AED 1,333,900
During construction	AED 12,005,100
Upon Handover	AED 13,339,000
Total (100%)	AED 26,678,000
Months to handover	30

Percentages as published by RAK Properties. Dirham figures are those percentages applied to the published starting price of AED 26,678,000. Registration and other fees are not included.

The Armani Beach Residences by RAK instalment schedule, line by line

Every instalment RAK Properties publishes for Armani Beach Residences by RAK, in order, with the charges listed alongside the plan.

Payment Plan

Published by RAK Properties

Stage	Instalment	Share	On AED 26,678,000
On booking5%	Admin Feefee	fixed	AED 3,000
	On Booking	5%	AED 1,333,900
During construction45%	On SPA Signing	15%	AED 4,001,700
	Installment to Installment	3 × 10%	AED 2,667,800 each
Upon Handover50%	RLD Feefee	4%	AED 1,067,120
	Upon Handover	50%	AED 13,339,000
Total of the plan		100%	AED 26,678,000

Lines marked fee (Admin Fee, RLD Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by RAK Properties; the dirham column applies each percentage to the published starting price of AED 26,678,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Armani Beach Residences by RAK

The same plan, applied to the starting price RAK Properties publishes for each size in the building.

Unit	From	On booking (5%)	During construction (45%)	Upon Handover (50%)
4 bedfrom 8,631 sq ft	AED 26,678,000	AED 1,333,900	AED 12,005,100	AED 13,339,000
5 bedfrom 9,378 sq ft	AED 30,146,000	AED 1,507,300	AED 13,565,700	AED 15,073,000
6 bedfrom 10,931 sq ft	AED 41,363,000	AED 2,068,150	AED 18,613,350	AED 20,681,500

Starting price per size as published by RAK Properties; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Armani Beach Residences by RAK

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to RAK Properties and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
4 bed	AED 26,678,000	AED 1,067,120
5 bed	AED 30,146,000	AED 1,205,840
6 bed	AED 41,363,000	AED 1,654,520

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Armani Beach Residences by RAK

Armani Beach Residences by RAK payment plan: questions buyers ask

What is the payment plan for Armani Beach Residences by RAK?: Armani Beach Residences by RAK by RAK Properties is sold on a 5/45/50 plan: 5% on booking, 45% during construction, 50% upon handover, as published by the developer.
How much is the booking amount for Armani Beach Residences by RAK?: 5% of the price. On the cheapest unit at AED 26.7M that is AED 1,333,900.
How much do I pay before I get the keys to Armani Beach Residences by RAK?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 26.7M that is AED 26.7M by handover in Q1 2029.
Does Armani Beach Residences by RAK have a post-handover payment plan?: No. The published plan completes at handover in Q1 2029.
What are the registration fees on Armani Beach Residences by RAK?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 26.7M that is AED 1,067,120. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Armani Beach Residences by RAK?: RAK Properties publishes Q1 2029, which is 30 months from now.