Arab real estate is popular with foreign nationals. The most common housing choice is to invest in or move to Dubai, considered a symbol of luxury living in the UAE. However, other Emirates also have many advantages and opportunities. Let us consider real estate for sale in Ras al Khaimah as an investment or relocation option.
Advantages and infrastructure of the Emirate
Ras al Khaimah is located in the northern part of the country. Due to the climatic conditions, it is greener than Dubai, where the landscapes are man-made. The region has access to the coast and numerous well-groomed beaches with tourists. The Emirate differs from Dubai, the most popular with foreigners, with:
- a calm rhythm of life;
- more favorable prices for foreign real estate.
The Emirate is focused on tourism development and is more Europeanized. For example, there is no strict ban on alcoholic beverages in the territory, generally negatively perceived in the country. The Emirate began to develop later than in Dubai, so the infrastructure here is modern. This also includes architectural buildings. Tourists not only live in numerous hotels, which belong to many world networks but also rent apartments. Therefore, investments in rental apartments are very profitable. Since 2000, the territory has been classified as a freehold zone, so that citizens of any country can own a home and use it they want in this area.
The cost of real estate in Ras al Khaimah
The apartment over 100 sq. m. is available for purchase for $170,000. Housing up to 100 sq. m. will be cheaper, but you can find options a little more expensive than $100,000. The price of a one-room apartment starts at $50,000. This is a convenient option for buying a home for rent.
The prices of villas and townhouses are also attractive. You can buy a house with one, two, three bedrooms for $200,000 to $500,000. Thus, the average cost per square meter is about $2,000, while in Dubai, these figures are much higher.
Investments in affordable properties are much more profitable.
Professional assistance in buying real estate in the UAE
When concluding foreign real estate transactions, a professional agency acts as a guarantor of its security and legality. The specialists of the portal https://emirates.estate/ publish ads from developers and local agencies. The database covers not only Ras al Khaimah but also other emirates in the country. Intuitive search makes it easier to choose a home in the UAE’s desired region. You can find out prices in real time and get advice on choice, purchase, and real estate registration.