Land for Development
We offer plots of land, designated for industrial, logistic and service industry purposes and ranging from 2,500 to 100,000+ m², to investors for short or long term lease.
| Item |
Description |
| Facility Size |
|
| Facility Features |
- Option to develop up to 60% of the total area
- Well-paved roads at all locations
- Ability to connect with electrical grid (FEWA)
- Ability to connect with telecommunication services (Etisalat)
|
| Facility Incentives |
- Flexibility to construct facility according to client's requirements, with approval from RAK FTZ Engineering Department
- Competitely priced labour accommodation
- Proximity to Saqr Port (Industrial Park)
- Proximity to Dubai and RAK International Airport (Technology Park)
- Private postal address through Empost (available at extra cost)
|
| Location |
- RAK FTZ Industrial Park and Technology Park
|
| Rent Cost |
- AED 20 - 30 per m² per annum
|
| Utility Costs |
- Client should bear the costs as per the FEWA rate:
- Electricity: AED 0.40 per kWh
- Water: AED 0.04 per gallon
|
| Lease Terms |
- Payment of a full year's rent at the time of registering the company
- Increment policy: 15% increment after every 3-year period
- 60% of the construction should be built-up area as per the current standards in the UAE
- For national industrial licence, the client will have to apply directly to UAE Ministry of Economy
|
Additional fees are required when applying for other services such as registration, licence, visas and postal services.
