Ras Al Khaimah: Resort Properties in the UAE
If we are talking about buying a home in the UAE, then most often we mean Dubai, although in this country there is Ras al-Khaimah – a very interesting region that has not yet gained world fame, but it has every chance of gaining it over time.
Ras al-Khaimah – the emirate, which is located in the north of the UAE, where about 300,000 people live. Half of them are foreigners, the number of which is increasing every year, since today about 60% of real estate buyers in Ras al-Khaimah are representatives of other states – India, Europe, CIS, USA, etc. An exception is the eponymous city-center of the emirate, where square meters are acquired mainly by local residents.
Buy property in Ras Al Khaimah
Ras al-Khaimah is located between the picturesque Hajar mountains in the east and the Persian Gulf in the west, thanks to which the emirate successfully and actively develops the tourism industry and is becoming an increasingly popular destination for foreign tourists and buyers of local housing, including Russians.
The main advantage that distinguishes Ras al-Khaimah from the popular Dubai is the excellent environmental performance of the region, thanks to which he won the fame of the resort. A lot of those who own real estate in Dubai, Abu Dhabi and other places, and are tired of endlessly standing in traffic jams, global construction and want to enjoy the clean air, acquire resort property in Ras al-Khaimah. That is, you can call these parts a kind of Arab cottage. In addition, the average cost per square meter in Ras al-Khaimah may be lower by 20-30% than for housing with similar characteristics, but in Dubai. While from one point to another you can get there by car in one hour (about 115 km).
Sought after areas
Al Hamra Village is a new large elite resort agglomeration, which is located in the emirate of Ras Al Khaimah. The project consists of more than 4,000 residential units, five luxury hotels, a golf course (extends through four interconnected open water lagoons), a 200 berth marina, a yacht club and Al Hamra Mall. Now Al Hamra Village is considered the most prestigious community in the Northern Emirates, which covers an area of more than 7 million square meters and has 1.5 km of pristine beaches.
This “city in the city”, offering an excellent resort infrastructure, a wide range of services and amenities, many offers for entertainment and relaxation, is a safe gated community. Due to this, not only those buyers who want to have property in the resort part of the UAE, but also families with children, are buying property here, they reduced electricity tariffs by about 30%. A pleasant bonus for local property owners may be the fact that Al Hamra Village has reduced electricity tariffs by about 30%.
Perhaps the most popular object among foreigners who acquire square meters in Ras al-Khaimah is Bab Al Bahar – a new resort residential complex with its own infrastructure and beach, located on the first line of the sea on the islands of Al Marjan, artificial the Gulf archipelago, consisting of four alluvial islands, which is owned by Al Marjan Island.
The complex includes the premium Rixos Bab Al Bahr hotel and apartments, offering, thereby, excellent living conditions, as well as a favorable atmosphere for relaxation and a healthy lifestyle. The object consists of three cross-shaped pyramidal buildings – the architecture and location of the buildings allow you to enjoy the view of the bay from all the apartments. It is worth noting that the complex has apartments of various sizes – ranging from 81 to 326 square meters. m. The objects are sold with luxury finishes, panoramic windows, balconies and terraces and are ready to move in.
In the vicinity of Bab Al Bahar, excellent infrastructure has been created: round-the-clock service, a private beach, swimming pools, shops and restaurants, a business center, spa and fitness centers, security, parking and much more. In addition to premium features, the complex is an interesting place for investment due to the fact that it is located on an artificial island that will not grow, which is why the property on it is exclusive.
Despite the fact that real estate in Ras al-Khaimah is widely represented by premium properties, this does not mean that more affordable options cannot be found here. If you wish, you can find fully furnished studios and one-room apartments for $ 100,000. For real estate with several bedrooms you will have to pay 200,000 – 400,000 dollars. Premium apartments can cost $ 1-2 million, but it’s very interesting that with special luck you can find similar offers almost half the price if the owner put it on an urgent sale (the so-called “stressful” objects).