Ras Al Khaimah Property Gains Popularity

A rising number of property investors in the UAE are spending money on property options in Ras Al Khaimah. So much so that Ras Al Khaimah property is selling like hot cakes today!
Advantages of buying property in Ras Al Khaimah:

• Property prices are quite reasonable in Ras Al Khaimah.
• The property available in this emirate bears a freehold ownership.
• There are a number of property options available for investors, both in terms of budget as well as property types.
• Ras Al Khaimah property is complemented with world-class leisure amenities.
• Sprawling lush green landscapes make this place a foil to the hectic lifestyle of Dubai. Property in Ras Al Khaimah is ideal for those desirous of living in a peaceful and stress-free atmosphere.
• Ras Al Khaimah property has dual benefits for the buyer. One acquires beautiful holiday homes in addition to having made a lucrative property investment.
• As the emirate is still under initial stages of economic growth, property investors are seizing the golden opportunity with high hopes of making huge profits from Ras Al Khaimah property sector in future.
• Many Ras Al Khaimah property projects have hotel apartments on offer. These have a positive impact on the tourism industry and provide good investment option in the form of short-term rentals.
• Ras Al Khaimah is undergoing rapid commercial development.
Ras Al Khaimah Property News Snippets:
• Rakeen, a major property developer in Ras Al Khaimah, is expanding its business to other parts of the Middle East as well as to Europe, Africa and India.
• RAK Properties and Darwish Engineering Emirates have entered into a 340 million AED deal for Mina Al Arab property project.
• Hilton Hotels Corporation – a leading hotel chain in the US – has entered into a management agreement with RAK Properties for a resort in Ras Al Khaimah.
Economic Matrix:
The economy of Ras Al Khaimah is predominantly fed by property investment sector and tourism industry. The economic matrix in Ras Al Khaimah is witnessing rapid industrial and commercial development. Last year, there has been 100 billion AED worth of investments in Ras Al Khaimah through tourism and property sectors.
Most popular property options:
• The Cove
• Al Hamra Village
• La Hoya Bay
• Mina Al Arab
• Julfar Towers
Location:
Ras Al Khaimah is the northernmost emirate in the UAE.
Connectivity:
• From Dubai Airport, one can reach Ras Al Khaimah by a 40 minutes drive.
• Ras Al Khaimah International Airport provides passenger and cargo services to various destinations in the Middle East, Africa and Asia.
• Saqr Port in Ras Al Khaimah is the main seaport providing container and bulk services.
• Ras Al Khaimah is connected with other emirates by taxis and rented cars.
• The main means of transport within Ras Al Khaimah is metered taxis.
• Buses ply on long routes connecting faraway towns of this emirate.