Studio For Sale | Prime Location | High ROI
- The Lagoons
- Studio
- 341 sq ft
Asking price
AED 385,000
Estimated confidence
Low
The asking price. No benchmark yet.
There aren't enough recent sales or comparable listings in Mina Al Arab to estimate a market value. So we show no discount and no profit figure.
- AED 1,128 per sq ft asked
Estimated confidence
A 0–100 score modelled from five signals. An estimate, not advice.
- Location
- 60 / 100
- Developer record
- 55 / 100
- Price gap
- 0 / 100
- Market demand
- 45 / 100
- Floor and view
- 65 / 100
Property details
- Property type
- Apartments
- Status
- Ready
- Developer
- Not listed
- Bedrooms
- Studio
- Size
- 341 sq ft
- Floor
- Not listed
- View
- Not listed
- Building
- The Lagoons
- Asking price per sq ft
- AED 1,128
- Area average per sq ft
- Not listed
- Service charge
- Not listed
- Emirate
- Ras Al Khaimah
Cost breakdown
What it takes to close, fee by fee. Fees are estimated at standard rates.
- Asking price
- AED 385,000
- Broker fee (2%)
- AED 7,700
- RAKLD transfer fee (4%)
- AED 15,400
- NOC fee
- AED 5,000
- Legal and miscellaneous
- AED 4,000
- Total fees
- AED 32,100
- Total investment required
- AED 417,100
Things to check
Flags raised by this listing's own numbers. Worth a look before you move.
High transaction costs
Acquisition fees total AED 32,100 (~8.3% of the listed price) — factor this into your real entry cost.
No market benchmark available
There are not enough recent sold transactions or comparable listings to estimate a market value for this property, so no discount or profit figure is shown.
Moderate confidence score
AI confidence is 39/100 — below the 85+ "strong buy" band. Worth extra diligence before committing.
Comparable sales, The Lagoons
No comparable sales to show for this building yet.
Price per sq ft in Mina Al Arab
Modelled monthly average over the last 18 months.
Estimated rental yield
Based on average rents in Mina Al Arab.
Estimated net yield
4.1%
Estimated gross yield
5.3%
- Estimated monthly rent
- AED 1,707
- Estimated annual rent
- AED 20,479
- Service charge per year
- AED 3,072
- Net annual income
- AED 15,769
Assumes 92% occupancy. Real income varies with condition, furnishing and the market.
Three ways out. Compared.
No market benchmark yet, so each strategy starts from the asking price. Adjust the assumptions to match your view.
Quick flip
Sell within six months.
- Sale priceest.
- AED 385,000
- Total costs
- AED 32,100
- Net profit
- −AED 32,100
- Return
- −7.7%
- Time to exit
- about 6 months
Medium hold
Sell after 18 months.
- Sale priceest.
- AED 432,112
- Total costs
- AED 32,100
- Net profit
- +AED 15,012
- Return
- +3.6%
- Time to exit
- about 18 months
Hold and rent
Keep it. Let it earn.
- Annual rentest.
- AED 30,804
- Service chargeest.
- AED 6,545
- Gross yield
- 7.4%
- Payback period
- about 163 months
Appreciation plus gross rent over 18 months.
Projections are illustrative and depend on the assumptions above. Not financial advice.
Mina Al Arab, Ras Al Khaimah
Approximate area location. The exact address is on the source listing.
Verify with RAKLD.
FlipFinder surfaces opportunities. It does not confirm legal status. Check these first.
Registration
Confirm the unit and its ownership record with RAKLD.
Title deed
Ask the seller for the title deed and check it matches the unit.
Ownership type
Confirm whether the property is freehold or leasehold, and that you are eligible to buy.
The listing itself
Open the source listing and check its permit number, price and availability are current.
