Residential properties in RAK Tower vary in price, depending on size and type. The project is basically a freehold property, so both expats and foreigners can buy flats and penthouses in it, thus investing either in their residential opportunities or their future capital. The prices for apartments for sale in RAK Tower are as follows:
- 1-bedroom apartments cost from AED 600,000 to AED 800,000 (about USD 163,400 to USD 217,800);
- 2-bedroom flats cost from AED 1.2 million to AED 1.8 million (about USD 326,700 to USD 490,000);
- 3-bedroom units cost from AED 1.9 million to AED 2.3 million (about USD 517,300 to USD 626,200);
- Penthouses are the most expensive option and averagely cost about AED 5 million (about USD 1.4 million).
The prices on residential properties in RAK Tower can change over time, depending on RAK Properties' sales politics and the overall situation on the real estate market in the country.