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Ras al Khaimah (RAK)

Ras Al Khaimah, Ras Al Khaimah, Dubai, UAE

July 27, 2024

Property Description
For Rent AED50000

Ras Al Khaimah (RAK), the northernmost emirate of the United Arab Emirates, is rapidly emerging as a prime destination for property investment and luxurious living. Known for its stunning natural landscapes, including pristine beaches, majestic mountains, and lush mangroves, RAK offers a serene and vibrant lifestyle that is attracting both local and international investors.

  • At 18,500 sq. m., Wynn Al Maran will be larger than Wynn
    Las Vegas.
  • Currently gaming contributes 43% of Nevada’s GDP in
    2023 and 50.9% to Macau’s GDP in 2019.
  • Gaming is a significant catalyst in attracting MICE events
    and drawing in business travellers too.

Location

  • Geographical Advantage: Located approximately an hour’s drive from Dubai, RAK provides a peaceful retreat from the hustle and bustle of city life while maintaining easy access to Dubai’s business and entertainment hubs.
  • Natural Beauty: Home to the UAE’s highest peak, Jebel Jais, RAK is famous for its breathtaking views, adventure activities, and outdoor lifestyle.
  • Accessibility: Well-connected by road, air, and sea, with the RAK International Airport offering flights to various global destinations and a modern road network linking it to other emirates.

Real Estate Market

  • Diverse Property Options: RAK offers a wide range of properties including waterfront villas, luxury apartments, townhouses, and commercial spaces. Developments like Mina Al Arab, Al Hamra Village, and Marjan Island are highly sought after.
  • Affordable Luxury: Properties in RAK are often more affordable compared to Dubai and Abu Dhabi, providing excellent value for money without compromising on quality and luxury.
  • Investment Potential: With a growing tourism sector, a favorable business environment, and upcoming infrastructure projects, RAK’s real estate market is poised for significant growth, offering attractive returns on investment.

Lifestyle and Amenities

  • Recreational Activities: RAK is a haven for outdoor enthusiasts with activities such as hiking, water sports, and golfing. The emirate also boasts luxurious resorts, wellness centers, and cultural attractions.
  • Education and Healthcare: RAK provides excellent educational institutions and healthcare facilities, ensuring a high standard of living for families.
  • Retail and Dining: Residents can enjoy a variety of shopping malls, local markets, and dining options that cater to diverse tastes and preferences.
  • Type

    Apartment
  • Build

    NA
  • Size

    18500 m²
  • Lot Size

    NA
Property Virtual Tour
Property Map
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