Property In Ras Al Khaimah

 

Ras Al KhaimahRas Al Khaimah is situated at the far north of the United Arab Emirates, and is widely acknowledged as being the most naturally beautiful of the seven emirates of the UAE. A fertile region covering approximately 1,700 square kilometres, Ras Al Khaimah is dominated by the majestic Hajjar Mountains on one side, whilst on the other lies the crystal clear waters of the beautiful Arabian Gulf.
 
Recent years have seen a considerable increase in demand for property in Ras Al Khaimah, as pro-foreign direct investment initiatives and infrastructure investment gradually began to pay dividends. Today, Ras Al Khaimah is a modern, and fully equipped emirate, which offers residents a full range of amenities including new international schools and hospitals.

 

Without doubt, one of the main reasons for the increase in foreign direct investment in Ras Al Khaimah was its declaration as a ‘Free Trade Zone.’ Considerable research went into the launch of the Ras Al Khaimah Free Trade Zone, and it quickly achieved its aim of becoming one of the fastest growing trading hubs in the UAE. Commercial benefits such as permission for 100% foreign ownership, coupled with total exemption from personal or corporate taxation, have resulted in a large influx of companies into the region. As such, the population in the emirate has risen consistently in recent years, and subsequently the demand for property in Ras Al Khaimah is currently at an all time high.

 

As a result of this increase in demand for property in Ras Al Khaimah, a number of developments have been launched in the emirate. Easy access to the busy commercial centre of Dubai, coupled with the stunning natural surroundings of this picturesque emirate have ensured that the major new developments at Al Marjan Islands, La Hoya Bay and Mina Al Arab have proven highly successful.