Range Ras Al Khaimah, a preeminent real estate developer in the UAE, recently forged a partnership with Marjan to construct three new ventures in Ras Al Khaimah. These projects encompass The Beach House at Al Marjan Island, featuring 88 apartments, The Beach Residences at Al Marjan Island with 421 apartments and 11 townhouses, and The Beach Vista at Al Marjan Island.
Boasting sleek, contemporary designs and interiors, these properties are priced starting at Dh1.1 million, offering substantial potential returns. Collectively, these projects hold a gross development value nearing Dh1.5 billion.
Ras Al Khaimah, renowned for its scenic beauty, boasts one of the UAE’s most dynamic real estate markets.
“We foresee immense potential in Ras Al Khaimah,” states Mohammed Asaria, Managing Director and Board Member of Range Developments. “It possesses all the attributes we value, such as a robust and diversified economy.”
Attractive Pricing and Potential Returns
Compared to other emirates, Ras Al Khaimah offers more enticing property prices with significant upside potential. This affordability not only draws individual investors but also appeals to institutional investors and real estate funds. With anticipated appreciation in property values over time, investing in Ras Al Khaimah real estate promises substantial returns on investment, both in capital gains and income generation.
Based in Dubai, Range Developments boasts an unparalleled record in constructing high-quality resorts in the Caribbean, providing investors access to exceptional real estate projects. Over a decade, Range Developments has completed prestigious projects such as the Park Hyatt St. Kitts and the InterContinental Dominica Cabrits Resort & Spa, with more developments underway, including the Six Senses in Grenada and the InterContinental Grenada Resort.
Strategic Site Selection and Design
“Our site selection, building design, and interior aesthetics have been meticulously curated to cater to both end users and investors,” says Riaz Shariff, Managing Director and Board Member of Range Developments.
Strong Market Demand
Ras Al Khaimah is experiencing substantial infrastructure development, including expansions of airports, ports, and road networks, enhancing its economic potential. Consequently, demand for residential and commercial properties is rising, making the emirate an attractive investment prospect.
As tourism flourishes, demand for hotels, resorts, and vacation homes is expected to soar, creating lucrative opportunities for real estate investors.
High Rental Yields
The rental market in Ras Al Khaimah is robust, offering high rental yields compared to other UAE markets. The blend of affordable property prices and growing demand for rental properties makes it an appealing choice for investors seeking passive income. Whether investing in residential properties or commercial spaces, rental yields in Ras Al Khaimah promise steady cash flow.
Emergence of a Strong Secondary Market
A positive indicator of Ras Al Khaimah’s property market maturity and stability is the development of a strong secondary market. This trend reflects investor confidence in the emirate’s long-term potential, fostering a robust market ecosystem.
Governance and Economic Vision
Ras Al Khaimah’s strong governance structure and clear vision for economic growth ensure stability and security for investors, making it a safe investment destination.
Conclusion
Investing in Ras Al Khaimah real estate presents a lucrative opportunity for both individual and institutional investors, especially with a proven developer like Range Ras Al Khaimah. With its economic stability, affordable property prices, booming tourism sector, tax benefits, and high rental yields, Ras Al Khaimah stands as an ideal investment destination.
For more information, visit Rangerak.ae or email info@rangerak.ae.