Ras Al Khaimah (RAK) is rapidly emerging as a luxury real estate hotspot, driven by soaring demand for high-end beachfront properties and its proximity to Dubai. Off-plan luxury projects are experiencing overwhelming interest, often selling out before launch, with developers racing to meet demand by offering fully furnished, sea-facing residences with premium amenities. This surge is bolstered by RAK's evolving identity as a high-end investment and hospitality destination, exemplified by developments like Sora Beach Residences, Pelagia, and Mirasol. Prices for luxury properties have risen by 39% year-on-year, particularly in prime areas like Al Marjan Island, Mina Al Arab, and Al Hamra Village. Key factors fueling growth include the emirate's serene lifestyle, more affordable entry points compared to Dubai, and mega projects like the $3.9 billion Wynn casino and upcoming Etihad Rail expansion. High-net-worth individuals and international investors from the US, UK, Europe, CIS, and China are showing strong interest, while government incentives—such as full foreign ownership, zero taxes, and the Golden Visa—are further attracting long-term investment. RAK's continued infrastructure upgrades, branded residences, and focus on eco-tourism and smart development are positioning it as one of the UAE's most promising real estate markets. (ICE DUBAI)

Fonte notizia: https://mail.google.com/mail/u/0/#inbox/FMfcgzQbfLbQJwfHQWKwLrXVSSlFnmxH?project