One Central in RAK Central
One Central · RAK Central, Dubai
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Launch Price
AED 699,900
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
20/40/5/35
Handover
Q4 2027
Projected Yield
6.0 to 8.2%
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
From AED 3,500/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 139,980 Due on signing SPA |
|
| Construction Phase 1 | 40% | AED 25,451/mo 11 monthly instalments |
|
| Construction Phase 2 | 5% | AED 3,500/mo 10 monthly instalments |
|
| On Handover | 35% | AED 244,965 Due at Q4 2027 |
|
| Total | AED 699,900 | ||
On Booking
20%
AED 139,980
Due on signing SPA
Construction Phase 1
40%
AED 25,451/mo
11 monthly instalments
Construction Phase 2
5%
AED 3,500/mo
10 monthly instalments
On Handover
35%
AED 244,965
Due at Q4 2027
Total
100%
AED 699,900
Questions about One Central
What payment plan does One Central offer?
One Central uses a 20/40/5/35 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether One Central fits your budget and send you comparable alternatives.
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