As the UAE’s strong market fundamentals continue to draw foreign direct investment, Ras Al Khaimah (RAK) is making waves in the global real estate market due to spectacular new developments – particularly on Marjan Island – and the arrival of the first ever Wynn Resort and casino in the Middle East.
The emirate enjoys a great location – just a short 45-minute drive from Dubai International Airport, offering excellent connectivity to major international hubs. You can get to Europe in 6 hours, India in 3, and China in 7.
It also has easy access to major highways and transportation networks, while its proximity to key amenities such as schools, healthcare facilities, and shopping centres, enhances its appeal as a place to live and work.
But what sets RAK apart as a destination?
Firstly, it’s a historical gem, boasting archaeological sites that date back over 7,000 years. It is also an area of stunning natural beauty, with miles of pristine white beachfront and crystal-clear sea filled with life.
RAK is also the first city in the world to earn the ‘Safeguard Assurance’ label from Bureau Veritas and the World Travel and Tourism Council (WTTC) – underscoring the city’s commitment to safety and security.
Then there is the rise of RAK Central, which is capturing the attention of international investors.
This ambitious project features over 4,000 residential apartments, luxurious office spaces, hotels, parks, and retail facilities, all designed to create a self-sustaining ecosystem and grow a vibrant community.
With a population of about 400,000 in Ras Al Khaimah, the demand for residential and commercial spaces in RAK Central is rising fast and the area is set to become the largest business hub in the emirate.
RAK Central is truly designed with community in mind, offering cultural spaces, parks, walking trails, and community centres to encourage outdoor activities and social interactions.
Showcasing eco-friendly living spaces and energy-efficient technologies, RAK Central is not only good for the environment but is also expected to drive long-term value appreciation.
Moreover, the ongoing developments in Ras Al Khaimah – such as the expansion of the tourism sector and the introduction of new attractions – are expected to drive foot traffic and increase demand for this kind of premium real estate.
For investors, it all adds up to an irresistible prospect.