Monday, October 19, 2009

Ras Al Khaimah Property

Ras Al Khaimah Property Overview:

Ras Al Khaimah(RAK) is one of the 7 Emirates which form the UAE. Located on the most northern tip of the Arab peninsular, and covering around 650 square miles, RAK is home to around a quarter of a million inhabitants. Whilst at present, RAK is clearly not as large or prosperous as its fellow emirates of Dubai and Abu Dhabi, plans are currently in motion to encourage the Emirate to build upon the on the spotlight presently aimed towards the UAE given the attention being generated by Dubai and Abu Dhabi. And a lot of this will be undertaken in the form of property projects being developed here in RAK.

Ras Al Khaimah Property

Ras Al Khaimah properties was the second Emirate to permit foreign ownership of property within the UAE, and was in fact the first Emirate to put into motion freehold property law back in 2005. It is therefore no stranger to the ins and outs of freehold property developments and foreign property investment. It should therefore come as no surprise to find a number of substantial developments already completed, and many more are on the way within Ras Al Khaimah.

La Hoya Bay is one such development, built on a man made island at an estimated cost of around 800 Million USD, this development can boast a wide range of waterfront property. Being constructed in six stages, La Hoya Bay's first phase will bring to the market over 700, studio, one, two and three bedroom apartments, which can be found in sub developments such as La Hoya Bay Residence. Here buyers can expect a resort style living environment, with a number of swimming pools, restaurants, sports facilities and shops, all set on the beach.

Property Ras Al KhaimahLa Hoya Bay properties also offers commercial real estate as well as residential. With La Hoya Bay Business Village, one can select offices with Mediterranean design and varying size, from the 500,000 square foot of commercial space on offer. And with another 5 stages under construction, La Hoya Bay looks set to become one of the best places to live within the UAE.

Ras Al Khaimah has a number of other noteworthy property developments, with Al Hamra Village being the first freehold property development to be constructed within the city. This beach side resort has set a high standard for other RAK developments to follow. With over 1,350 residential units set to be built here, including 3 bedroom townhouses, 4 and 5 bedroom villas, plus studio, one two and three bedroom apartments, there is a suitable property to meet all investors needs. And with its own Marina, 18-hole Golf course and a handful of hotels, Al Hamra village is a great place to call home.

Other RAK development includes Julfar Towers, The Cove and Mina Al Arab Port. With so much going on here, Ras Al Khaimah looks to have produced another great place to live within the UAE.

Buy Ras Al Khaimah Property:

For the best prices on the market today in Ras Al Khaimah, get in touch with the experts and contact us now. We will assign one of our dedicated real estate consultants to advise you on every aspect of your property purchase making it stress free and easy in the following projects Al Hamra Village, The Cove, Julfar Towers, Saraya Islands, Mina Al Arab, Al Marjan Island, Yasmin Village, La Hoya Bay, Al Marjan Island, Mangrove Island, Khor Al Qarm Resort, Al Noor Project and Hulaya Island.

Sell Ras Al Khaimah Property:

If you are looking to sell an apartment or villa that you have bought in Ras Al Khaimah then please get in contact with us so that we can give you a current market price and offer it to our many clients and investors who may be looking for such property.

No comments:

Post a Comment