Radisson Blu Residences RAK Central

By BNW Developments in RAK Central, Ras Al Khaimah

Price from: AED 1,120,000; about £230K or $305K
Payment plan: 10/40/50; 50% before handover
Handover: Q4 2029
Status: Under construction

Architectural rendering of the Radisson Blu Residences and hotel towers in RAK Central

Architectural rendering of the podium entrance plaza at Radisson Blu Residences

Architectural rendering of the rooftop infinity pool at Radisson Blu Residences

Rendering of the lobby lounge at Radisson Blu Residences

Interior rendering of a living room and kitchen at Radisson Blu Residences

Interior rendering of a bedroom at Radisson Blu Residences

Rendering of the gym at Radisson Blu Residences

Rendering of the bar at Radisson Blu Residences

Rendering of a restaurant at Radisson Blu Residences

Payment plan

10/40/50

50% due before handover

Booking depositImmediate10%AED 120,000
Instalment 11 month from booking5%AED 60,000
Instalment 22 months from booking5%AED 60,000
Instalment 35 months from booking5%AED 60,000
Instalment 48 months from booking5%AED 60,000
Instalment 511 months from booking5%AED 60,000
Instalment 614 months from booking5%AED 60,000
Instalment 717 months from booking5%AED 60,000
Instalment 820 months from booking5%AED 60,000
On completionQ4 202950%AED 600,000
Paid before handoverAED 600,000

As published by BNW Developments; Property Finder shows the same 10/40/50 split in eight instalments.

Amounts are worked on a studio apartment at its starting price of AED 1,200,000. Change home type

Model your own price How payment plans work

For studio apartments

Homes and prices

Radisson Blu Residences RAK Central offers studio apartments, 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

Studio apartmentsFrom AED 1.2M421 sq ft, AED 2,850 per sq ft, Price and size from Property Finder; BNW quotes the residences from AED 1.12 million.1-bedroom apartmentsFrom AED 1.6M610 to 886 sq ft, AED 2,623 per sq ft, Price and sizes from Property Finder.2-bedroom apartmentsFrom AED 3M1,244 sq ft, AED 2,412 per sq ft, Price and size from Property Finder.3-bedroom apartmentsFrom AED 3.2M1,373 sq ft, AED 2,331 per sq ft, Price and size from Property Finder.

The headline price of AED 1,120,000 is the published starting price for Radisson Blu Residences RAK Central as a whole. Some starting prices are Property Finder listings, as noted against each home type; the others come from the sources listed on this page. Checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

Apartments
Studio to 3 bed
421 to 1,373 sq ft
222 homes
Freehold

Developer: BNW Developments
Location: RAK Central, Ras Al Khaimah
Sales launched: February 2026
Brand: Radisson Blu
Golden Visa: Prices reach the AED 2 million threshold

Overview

222 Radisson Blu branded apartments beside a 361-key Radisson Blu hotel in RAK Central, the new business district by Marjan. From AED 1.12 million, with handover due Q4 2029.

Radisson Blu Residences is the residential half of a two-part scheme by BNW Developments in RAK Central, the business and mixed-use district that Marjan, master developer of Al Marjan Island, is building beside Al Hamra Village. Announced in February 2026 with Radisson Hotel Group, it pairs 222 branded residences and 13 shops with a separate Radisson Blu hotel of 361 keys, which BNW also sells as hotel units from AED 1.35 million. The hotel side is to have five food and beverage venues, a rooftop terrace and pool bar, meeting space, a spa and gym, a business lounge and a kids' club, and residents receive hotel-delivered services.

BNW quotes the residences from AED 1.12 million. Property Finder lists studios of about 421 sq ft from AED 1.2 million, one-bedroom apartments of 610 to 886 sq ft from AED 1.6 million, two-bedroom apartments of about 1,244 sq ft from AED 3 million and three-bedroom apartments of about 1,373 sq ft from AED 3.2 million. Construction started in March 2026 on Property Finder's record, and both sources give completion at the end of 2029.

The plan is 10% on booking, eight instalments of 5% over 20 months and 50% on completion. With handover three years away, that schedule means most of the instalments fall due in the first two years, while half the price waits until the building is finished.

Who it suits: investors who prefer a branded, serviced apartment in a planned business district rather than a beach address, and who are prepared to wait until late 2029. What to weigh: RAK Central is at an early stage, so demand depends on offices and businesses arriving as planned; this is the longest wait of BNW's projects; and the residents' service charges and any rental arrangements with the hotel operator should be read carefully before booking. BNW gives about 15 minutes to Ras Al Khaimah International Airport and 45 to Dubai International.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Ras Al Khaimah the registration authority is the RAK Municipality.

Purchase priceEntry price at Radisson Blu Residences RAK CentralAED 1,120,000

Registration fee (2%, indicative)Ras Al Khaimah's buyer registration fee is most often quoted at 2%, but published sources disagree and master developers can apply their own registration charges. Confirm the figure for the specific project before budgeting.AED 22,400

Estimated total to completeAED 1,142,400about £234K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Registration fees in Ras Al Khaimah are quoted inconsistently by official and market sources, so treat this as indicative. Adjust the assumptions in the buying cost calculator.

Golden Visa. Larger unit types here are priced above AED 2 million, the threshold for the 10-year visa by property. Check eligibility

Location

In RAK Central, Ras Al Khaimah, the planned business district beside Al Hamra Village. BNW gives eight minutes to Al Marjan Island.

Al Hamra Mall: 5 min
Al Hamra Golf Club: 7 min
Al Marjan Island: 8 min
Wynn Al Marjan Island: 10 min
Ras Al Khaimah International Airport: 15 min
Dubai International Airport: 45 min

Approximate drive times in normal traffic.

About RAK Central

Listed as a freehold area by Ras Al Khaimah Municipality.
Entry prices well below Al Marjan Island: studios listed from about AED 800,000.
Planned by Marjan with offices, hotels and a university campus, not housing alone.
About 7 minutes by road from the Wynn resort site and next to Al Hamra Village.

RAK Central area guide

Amenities

Swimming pool
Rooftop pool bar
Outdoor bar
Gym
Spa and sauna
Kids' club and play areas
Cinema
Barbecue areas

Developer: BNW Developments

A young private developer led by Ankur Aggarwal and actor Vivek Anand Oberoi, with a large branded pipeline on Al Marjan Island and no completed project yet.

Headquarters: Ubora Tower, Business Bay, Dubai
Ownership: Privately held; founded by Ankur Aggarwal with Vivek Anand Oberoi as co-founder and managing director

BNW Developments profile and track record

Adviser's view

What works

An international hotel brand, with the residences next to a 361-key Radisson Blu hotel.
Lower entry prices than BNW's beachfront projects, from AED 1.12 million.
Half the price is deferred to completion under the published plan.
Close to Ras Al Khaimah International Airport on the developer's figures.

What to weigh

Handover is not due until Q4 2029, the latest of BNW's projects.
RAK Central is a new district; office and retail demand there is not yet proven.
Unit prices and sizes come from Property Finder; BNW publishes only the starting price and totals.
Hotel-serviced residences carry service fees that reduce net rental income; ask for the expected charges.
BNW Developments has a short delivery record and many projects running at once.

Questions buyers ask

How many residences are there?

222 branded residences and 13 retail units, next to a separate 361-key Radisson Blu hotel, according to BNW Developments.

When is handover?

BNW gives the fourth quarter of 2029. Property Finder lists December 2029.

What is the payment plan?

10% on booking, eight instalments of 5% over 20 months, and 50% on completion.

How much do homes at Radisson Blu Residences RAK Central cost?

Prices at Radisson Blu Residences RAK Central start from AED 1,120,000 (published figures, checked 13 November 2026). By unit type: studio apartments from AED 1,200,000, 1-bedroom apartments from AED 1,600,000, 2-bedroom apartments from AED 3,000,000 and 3-bedroom apartments from AED 3,200,000. Developers reprice as phases sell, so ask for the current list before budgeting.

Who is the developer of Radisson Blu Residences RAK Central?

Radisson Blu Residences RAK Central is being developed by BNW Developments. About BNW Developments: A young private developer led by Ankur Aggarwal and actor Vivek Anand Oberoi, with a large branded pipeline on Al Marjan Island and no completed project yet.

Can foreigners buy at Radisson Blu Residences RAK Central?

Yes. RAK Central is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the RAK Municipality.

What fees are payable on top of the price at Radisson Blu Residences RAK Central?

The main cost is the registration fee (2%, indicative). On the entry price of AED 1,120,000 that comes to about AED 22,400, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on 13 November 2026. Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

Start your enquiry

Starting prices are from the developer and from Property Finder, as each home type notes, checked 13 November 2026.

Choose a home type

Studio apartments

10/40/50 plan

Due on booking: AED 120,000
Paid before handover: AED 600,000 (50%)
Registration fees, estimate: AED 24,000
Total to complete: AED 1,224,000

The registration fee is the rate most often quoted for this emirate; confirm it for the project. Developers usually collect them at or soon after booking and can add their own administration charge. Every stage