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RAK boasts breathtaking natural scenery, a rich cultural heritage, and a range of activities and attractions. With its booming real estate market, Ras Al Khaimah offers investors a variety of real estate options, including residential and commercial properties. We provide the best residential and commercial property options from all of RAK.
Aljazeera Al Hamra, Ras Al Khaimah
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Mina Al Arab, Ras Al Khaimah
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Al Marjan Island, Ras Al Khaimah
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Al Hamra Village, Ras Al Khaimah
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Al Hamra Village, Ras Al Khaimah
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Al Hamra Village, Ras Al Khaimah
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Al Juwais, Ras Al Khaimah
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Al Qusaidat, Ras Al Khaimah
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Al Hamra Village, Ras Al Khaimah
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Ras Al Khaimah is one of the seven Emirates of the United Arab Emirates. The capital of the city is called Ras Al Khaimah city. Ras Al Khaimah translates to the ‘headland of the tent’. This Emirate shares the peninsula with Oman. The port city was established for navigation purposes. The port of Julfar is linked to the city. Ras Al Khaimah is known for its beaches, sand dunes and Hajar mountains. The blend of topographies of the city is one of the attractions drawing tourists to the city.
Ras Al Khaimah is an upcoming city in terms of infrastructural development. The city has one of the largest manmade marinas. Being the Northernmost Emirates of the UAE, Ras Al Khaimah used to be an area of conflict at the time of the existence of the East India Company due to piracy. Ras Al Khaimah joined the UAE in the year 1972 under the leadership of Sheikh Saqr bin Mohammad al-Qasimi.
Ras Al Khaimah has good residential and commercial real estate potential. Investment in the Ras Al Khaimah real estate market has seen a significant increase in the past few years. The residential real estate market in Ras Al Khaimah has seen a number of developments over the past decade. There has been a significant increase in investments across residential, commercial and industrial real estate markets.
The market has been buoyed by the Emirate’s strong economic growth, which has resulted in a growing population and increasing demand for housing. The government has invested heavily in the development of new residential projects, such as the Al Marjan Island and Al Hamra Village, which have been instrumental in driving growth in the real estate sector.
The commercial real estate market in Ras Al Khaimah is also growing, thanks to the Emirate’s robust economy and business environment. A number of new office and retail developments have been completed in recent years, including the recently opened RAK Mall and many free zones that have attracted several international businesses.
The industrial real estate market in Ras Al Khaimah is also growing, driven by the Emirate’s strategic location and its status as a hub for industry in the Middle East. The Emirate is home to some industrial parks, such as the RAK Free Trade Zone and RAK Investment Authority, which have attracted many businesses from around the world.
Ras Al Khaimah has been one of the Emirates which has seen significant growth in the past few years. Ras Al Khaimah has well-developed industrial areas. Recently the development has been focused on residential, agricultural and industrial aspects of infrastructure. Since manufacturing and mining are one of the strengths of Ras Al Khaimah, the opening up of such centres has also been credited for growing investment in real estate.
As far as connectivity is concerned Ras Al Khaimah is 45 minutes away from Dubai. The city has no public transport facilities. There are taxi and cab services which run on metres. People travel using their cars. The authorities of Ras Al Khaimah are in talks of introducing buses as a mode of transport within the city. Ras Al Khaimah is connected to other parts of the world through its international airport.
Ras Al Khaimah is the fourth largest Emirate. The population of Ras Al Khaimah is approximately 3,53,801. The male population of the Emirate is 2,18,534 and the female population is 1.35,258. There has been a 134.9% increase in population from 2000 to 2015. The city has a high percentage of expatriate population.
After the recent infrastructural development of Ras Al Khaimah, there has been an increase in population in the city. The median age of people in Ras Al Khaimah is 28.7 years. The median age of men is 31 years and women is 24 years.
Ras Al Khaimah is a city located in the United Arab Emirates and is known for its rich culture and history. The lifestyle of people living in Ras Al Khaimah is a unique blend of tradition and modernity. People in Ras Al Khaimah lead a comfortable and luxurious lifestyle with access to world-class amenities but also hold on to their customs and traditions. Family is at the heart of the culture, and most households are closely-knit and prioritise spending time together.
The city offers a range of leisure activities including outdoor sports, shopping malls, and fine dining experiences. Religion plays an important role in the lives of the people in Ras Al Khaimah, with Islam being the predominant faith. Overall, the lifestyle of people in Ras Al Khaimah is a reflection of their strong connection to their culture and tradition, while still embracing modernity and development.
Being the fourth largest Emirate and having a varied topography, Ras Al Khaimah has a large land which can be used for multiple purposes. In the last ten years, the Emirate has proved itself to be the hub for establishing industries, and residential, commercial and agricultural land. The manufacturing industries flourish in Ras Al Khaimah, therefore the real estate development is leaned towards the people who work in these industries. The economic prosperity of this Emirate is due to tourism and the influx of expats.
Many foreigners invest in RAK’s freehold area allowing the existence of short-term and long-term rental services. The city is known for its business-friendly environment, which has attracted many foreign companies to establish their operations there. This has created a need for commercial office space and industrial properties, such as warehouses and factories.
Ras Al Khaimah has a wealth of real estate investment opportunities for both local and international investors. The city's strategic location, growing economy, and business-friendly environment make it an attractive destination for those looking to invest in real estate. As demand continues to grow, the market is expected to remain strong, making Ras Al Khaimah a promising destination for real estate investment in the long term.
The top localities of Ras Al Khaimah are given below:
Al Mairid is one of the most sought-after localities in Ras Al Khaimah. The waterfront community has several traditional Arabic homes and modern apartments. The area is family-friendly. Since it is near the sea, there are several resorts and beaches which you can access. Most apartments in the area are low-rise which are mainly studio, one and two-bedroom homes. However, the villas in the area are ranging between five to six bedrooms.
A suburb, Khuzam’s residential area is away from the chaos of the city. The peaceful surroundings of the city highly attract residents to rent or buy villas and apartments in the area. Most properties have three to five bedrooms. You can have easy access to Sheikh Muhammad Bin Salem Road.
Ras Al Khaimah City is the capital of the Emirate of Ras Al Khaimah. Most properties in the area are mixed use. There is a blend of quaint apartments and office spaces in the area. If you are planning to move with your family, RAK City is a good option. Most apartments for rent and sale are one to two bedroom apartments.
Established in the north of RAK, Sha’am is a fishing village. The area is true to its Emirati roots. The area has both mountains as well as views of the Arabian Gulf, making it a good place for people who want to live close to the sea. Apartments for sale and rent include one to three bedroom apartments.
Al Zahra is a residential area that offers a peaceful lifestyle. There are several recreational areas in Al Zahra and it is well connected to the rest of the Emirates by road. Most apartments for rent and sale have three bedrooms. There are several schools, grocery stores and hospitals which are easily accessible to the residents of Al Zahra.
Al Nahdiya is a waterfront neighbourhood in Ras Al Khaimah. The beachfront area has almost negligible residential areas. Most areas are commercial designated to showrooms, offices, retail spaces, hotels and resorts. This is a good place to invest if you are looking for an office space.
There are several projects coming up in Ras Al Khaimah. The projects are mentioned below.
Why should you invest in Ras Al Khaimah's real estate? Ras Al Khaimah's real estate market offers investors a wide range of attractive features and benefits. Ras Al Khaimah has seen significant increases in property values over the past few years, with prices increasing by up to 20 percent in some areas. This makes it an attractive option for investors looking to capitalise on potential capital appreciation.
Compared to other cities in the region, Ras Al Khaimah has one of the lowest real estate prices. This makes it an ideal location for investors looking for lower entry costs. Investing in Ras Al Khaimah's real estate is considered to be a relatively safe investment, as the government has taken steps to ensure a stable and secure real estate market.
Ras Al Khaimah is one of the fastest-growing economies in the region, with a number of large-scale projects and initiatives in the works that could further fuel the growth of the real estate market.Investors in Ras Al Khaimah's real estate market can take advantage of tax benefits such as a 20-year tax-free status on rental income and capital gains.
The top real estate companies in Ras Al Khaimah are given below.
Al Hamra is headquartered in Ras Al Khaimah. Established in 2003, the company has indulged in several recreational, commercial and residential projects. They have established themselves in over 100 countries.
Some other top real estate companies are as follows:
Ras Al Khaimah is seeing a real estate boom currently. Investors are actively buying and renting commercial, residential and industrial properties.
The Infrastructure cost differs from area to area in Ras Al Khaimah.
The median age of people living in Ras Al Khaimah is 28 years. The Emirate is mostly populated by working professionals.
Ras Al Khaimah has 50% of the Emirati population and 50% expats.
Al Hamra is where you will get the highest ROI in Ras Al Khaimah.
Royal Breeze Residences is the best community in Ras Al Khaimah.
The biggest projects in Ras Al Khaimah are Al Hamra Townhouses, Athba Complex and Ghobash Building.
Al Hamra is the poshest area in Ras Al Khaimah.
The biggest advantages of investing in real estate in Ras Al Khaimah include cheaper properties than Emirati cities like Dubai, Abu Dhabi, Ajman and Sharjah. There is ample space in the area to commence new projects and the region has one of the fastest growing economies in the UAE.
