One Central in RAK Central
One Central introduces studio, 1 - 2 beds apartments to RAK Central, Ras Al Khaimah, starting from AED 699,900. The project is scheduled for completion in Q4 2027, with payment plan details available through the developer. Gross rental yield is projected 6.0 to 8.2% annually, reflecting typical market returns for this property type and location. This project is accessible to buyers working with monthly instalments from AED 5,000. Use MonthlyDubai to check if it fits your budget.
Payment Plan Breakdown
Minimum monthly instalment during construction: AED 3,500. No mortgage or bank approval required.
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 139,980 Due on signing SPA | |
| Construction Phase 1 | 40% | AED 25,451/mo 11 months | |
| Construction Phase 2 | 5% | AED 3,500/mo 10 months | |
| On Handover | 35% | AED 244,965 Due at Q4 2027 | |
| Total | 100% | AED 699,900 |
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