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ARTICLE · 26 OCTOBER 2026

RAK’s New Real Estate Development Law: What Developers With Active Projects Should Review

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Ras Al Khaimah has introduced Law No. 10 of 2026, replacing the previous real estate development framework and establishing new requirements for developers with active projects. The Amended Law affects existing off-plan contracts, escrow arrangements, purchaser default procedures, and development structures across RAK, including Economic Zones. Developers must now review their registration requirements, broker agreements, financing arrangements, and sale documentation to ensure compliance with provisions th

United Arab EmiratesReal Estate and Construction
Farina Iqbal
Farina Iqbal
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Ras Al Khaimah has introduced a new framework for real estate development under Law No. 10 of 2026 (the “Amended Law”), replacing Law No. 12 of 2023.

Issued on 21 July 2026 and taking effect 60 days from issuance, the Amended Law applies to real estate development projects across Ras Al Khaimah, including RAK Economic Zones. It covers off-plan sales, project escrow accounts, purchaser defaults, developer and sub-developer arrangements, project financing and delivery.

For projects already underway, the significance of the Amended Law goes beyond future launches. Certain provisions apply to existing off-plan contracts, while other changes may affect funding arrangements, development structures and sale documentation already in place.

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