OffplanIndex
Prices on this site were last read 30 July 2026, 64 days ago.New launches added up to 30 September 2026.
Ras Al Khaimah · Off-plan project · July 2026

The Ritz Carlton Residences

Al Wadi Desert · by RAK Hospitality · Ras Al Khaimah

Sold outUnder constructionHandover Q1 20273 priced units1 payment planLimited data

This project sits outside the full evidence tier: it is in Ras Al Khaimah, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.

Price from
AED 15.7M
AED 15,700,000, in the Above AED 10M band
Median AED/sqft
2,769
across 3 priced records
Paid before handover
60%
from its published plan, nothing after the keys
Scheduled handover
Q1 2027
developer-published date for 2027
Everything the corpus holds on this project

The record

Developer
RAK Hospitality
Community
Al Wadi Desert
City
Ras Al Khaimah
Sale status
Sold out
Construction
Under construction
Classification
Off-plan
Property types
Villa
Bedrooms offered
3, 4, 5
Priced unit records
3
Payment plans listed
1
Sub-community
The Ritz-Carlton Residences
Published price range
AED 15.7M to AED 23.2M
Ownership
Freehold

StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30

Blank means the developer published nothing, not that the answer is zero.

This project against its community and against Dubai

Where this price sits

AED 2,769 per sqft, level with the Al Wadi Desert median, and 37% above the Dubai median.

AED 2,769
This project, AED 2,769Al Wadi Desert median, AED 2,769Middle half of Al Wadi Desert, AED 2,751 to 2,775Dubai median, AED 2,021
Against Al Wadi Desert
+0%
on a median of AED 2,769 from 3 priced units
Against Dubai
+37%
on a median of AED 2,021 from 42,490 priced units

AED per sqft of built-up area, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions.

SourceOffplanIndex corpus, July 2026n = 3 priced records for this projectMethod

Cite this: OffplanIndex, The Ritz Carlton Residences price per sqft, AED 2,769, July 2026, https://offplanindex.com/projects/rak-hospitality-holding-the-ritz-carlton-residences

Share of the price at each stage, as the developer publishes it

The published payment plan

PlanDown paymentDuring constructionOn handoverAfter handoverStructure
Standard10%50%40%none60/40

Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape. Its handover quarter has a payment calendar page for Q1 2027: what every tracked project owes in that quarter.

What is due before the keys, and what is not

The payment plan

What the plan is worth
1.43%
plan discount at 5.0% a year
15,475,081AED
effective price, against AED 15,700,000 headline
2,729AED/sqft
effective rate

This plan spreads the price over the months to handover and beyond, and money you have not paid yet is money you still have. Valuing every instalment on the day it actually falls due, at 5.0% a year, this schedule is worth 1.43% less than the headline, or AED 224,919 on the published entry price. It is not a discount anyone will give you at the counter, and the total you sign for does not change. It is what the timing is worth, and it is the number to compare against another project handing over at the same time.

Computed from the published schedule and the stated handover date, at a 5.0% annual cost of money compounded monthly. It credits no rent, no capital growth and no allowance for a handover delay. Definition and the reason for the rate: methodology. Where this project sits against every other: the plan discount ranking.

The Ritz Carlton Residences
60%
40%
60%
Before handover
40%
On handover
0%
After handover

On the published entry price of AED 15,700,000 that is AED 9,420,000 before handover. Run other prices through the payment plan calculator.

Median plan structure across 1 published plans in Al Wadi Desert
50%
40%
On booking 10%During construction 50%On handover 40%

Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 0% of plans in Al Wadi Desert schedule instalments after the keys.

Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Al Wadi Desert, Ras Al Khaimah in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.