Ras Al Khaimah’s luxury waterfront districts witness historic boom

Ras Al Khaimah’s luxury waterfront districts witness historic boom

Ras Al Khaimah, UAE : Bayut, the UAE’s leading property portal, has released its first-ever Ras Al Khaimah Real Estate Market Report, covering H1 of 2023.

Over recent years, RAK has established itself as a promising hub of real estate investment opportunities, a fact which is reflected in the data reported in Bayut’s Ras Al Khaimah H1 2023 report.

The statistics within the report illustrate a consistently steady demand for properties in the emirate’s most popular residential areas, which is contributing to price increases across both the rental and sales sectors.

Sustainable growth outlooks:

Bayut’s data also suggest that investor interest has largely been concentrated upon existing and upcoming waterfront/island developments in Ras Al Khaimah. This interest comes as no surprise considering the attractive lifestyle the emirate has to offer and the promise of exciting projects in the pipeline.

The healthy state of Ras Al Khaimah’s real estate market is expected to sustain for many years, especially with the Wynn Al Marjan Island resort, inclusive of a ‘gaming area’, due to open its doors in 2027.

Sale Apartments

When it comes to apartments for sale in Ras Al Khaimah, Al Hamra Village has been the top choice for investors:

- Apartments for sale in Al Hamra Village have