#properties in ras al khaimah

[realestateinsight1]

As we venture into 2024, Ras Al Khaimah’s real estate market is experiencing an unprecedented boom Known for its picturesque landscapes and serene beaches, this emirate has become a hotspot for…

[fortunebayresidences]

Buy Property in Ras Al Khaimah

Fortune Bay Residences is an exclusive residential development offering luxurious living spaces in a prime location. With elegant design, state-of-the-art amenities, and stunning views, it provides a perfect blend of comfort and sophistication. Residents can enjoy a tranquil, secure environment, complemented by modern features that cater to a premium lifestyle.

[dubairealestate2024]

Explore the iconic JW Marriott Residences Al Marjan Island, a stunning development by WOW Resorts. This luxurious property features a selection of spacious apartments, duplexes, and penthouses, all offering breathtaking ocean views.

[building-arabia]

Address Residences Al Marjan Island by Emaar, Ras Al Khaimah

Address Residences Al Marjan Island by Emaar, Ras Al Khaimah:

Dubai #dxb #mydubai #دبي #дубай #uae #properties #apartment #realestate #invest #freehold #rak #uaq #ajman #sharjah

[hudsonmckenzie]

Is it possible for expats to buy property in UAE?

The UAE real estate industry offers fantastic opportunities for capital gains and investment. This market has been more accessible as a result of several modifications to the laws governing property ownership, particularly for foreign investors and expats. Foreigners are subject to different restrictions regarding property ownership than domestic owners, nevertheless. An UAE immigration lawyer summarises the applicable laws and numerous Emirate-specific laws for expats interested in real estate investment in the UAE.

In the UAE, foreigners could not purchase real estate until 2001 or 2002. Dubai originally allowed foreigners to purchase 99-year leasehold properties in 2001, and then allowed them to invest in freehold homes in 2002. Soon after, Ras Al Khaimah, Abu Dhabi, Sharjah, and Ajman appeared.In some designated regions, freehold and leasehold properties may be owned by expatriates in the UAE. Properties with a lease have a fixed-term possession agreement. According to the leasing agreement, the property is owned by the foreign owner but not the land. Properties that are freehold suggest that the expat owns both the building and the land on which it is situated.

Leaseholder ownership implies that for the duration of the contract, the expatriate only owns the unit and not the land. When the period is over, the agreement may be extended, and the foreigner is only partially liable for repairs. Only the consent of the freehold owner is required for any significant improvements. Additionally, with limitations, the expat may sublease the house or keep pets.

Freehold, on the other hand, grants the owner total authority over both his property and the land. If a project complies with the developer's specifications and local legislation, owners are free to make significant alterations like renovations and remodelling as they see fit. After the owner passes away, the property is given to the heir. The owner can benefit from the high ROI by leasing or selling the property.

Specific guidelines for purchasing real estate in each of the Emirates

It's interesting how different emirates have different property ownership laws. Here is a quick summary of the unique regulations of the various Emirates:

Purchasing a home in Dubai

According to a leading UAE immigration lawyer, expats are permitted to own freehold properties in specified freehold regions and leasehold properties in Dubai. There is no restriction on age to buy real estate in Dubai; the laws are the same for both resident foreigners and non-resident investors. The title deeds are issued by the Land Department.

Article 3 of Regulation No. 3 of 2006 Determining Areas for Ownership by Non-Nationals of Real Property in the Emirate of Dubai applies to freehold properties.

In nine authorised investment districts in Abu Dhabi, foreign nationals are permitted to purchase flats and villas. Al Reef, Lulu, Masdar City, Mariya, Reem, Saadiyat, Sayh Al Sedairah, and Yas Islands are among them. However, Abu Dhabi does not allow foreigners to own or purchase land.

In this Emirate, there are four types of property ownership systems:

Ownership - For 99 years, the expat enjoys complete ownership of the flat or floor, and he or she is free to sell it. The deed does not, however, mention the ground on which the property is situated.

The Musalaha system allows foreigners to purchase residential properties in accordance with the Masataha contract. After the first 50-year term expires, it may be renewed. Owners are free to use the property during the period and carry out upgrades, alterations, constructions, renovations, etc.

Usufruct: For a period of 99 years, the expatriates may own and use the apartment, but they are prohibited from making any changes to the building.

Long-term lease: In Abu Dhabi, foreigners are permitted to lease homes for up to 25 years.

Law No. 19 of 2005 Concerning the Regulation of the Real Estate Sector, which is applicable in Abu Dhabi, sets down the rules governing foreigners' ownership of real estate. A few changes were made to the Abu Dhabi Real Estate Law in April 2019. There were changes to Articles 3 and 4. According to Article 3(i), foreign nationals are only permitted to acquire one of three types of property:

· UAE nationals, whether they be legal or natural individuals.

· Not more than 49% of public holding businesses owned by non-nationals.

·If the President of the Executive Council of Abu Dhabi makes a choice for someone.

Non-UAE nationals are permitted to own real estate properties in the aforementioned defined locations, in accordance with Article 3(ii). Original and in-kind legal rights to real estate are also permitted. According to Article 4, musataha and usufruct owners who have owned a property for more than 10 years are allowed to sell or mortgage it without the landlord's permission. In contrast, the landlord is not permitted to mortgage the flat without the holder of the usufruct or the musataha's consent.

[performance1020]

Pros and Cons of Living in Ras Al Khaimah: A Complete Guide

Ras Al Khaimah, often abbreviated as RAK, is a beautiful emirate located in the northern part of the UAE. Known for its natural beauty, affordable living, and strong sense of community, it has become an attractive destination for expatriates looking to settle down. However, like any place, there are pros and cons of living in Ras Al Khaimah that should be considered before making the move.

Pros of Living in Ras Al Khaimah

Affordable Housing One of the key pros of living in Ras Al Khaimah is the affordable housing. The cost of living here is significantly lower than in other emirates like Dubai and Abu Dhabi. This makes it an ideal place for families, professionals, and retirees looking to reduce their housing costs. Properties for sale in Ras Al Khaimah are available at much lower prices than in more developed parts of the UAE, making it a viable option for those seeking spacious homes at reasonable rates.

Peaceful Environment and Proximity to Nature RAK is known for its peaceful surroundings, away from the hustle and bustle of larger cities. The emirate is home to stunning natural landscapes, from its majestic mountains to its serene beaches. Residents enjoy a calm lifestyle, with easy access to nature, making it a great place for those seeking a peaceful retreat.

Low Crime Rate and Safety Ras Al Khaimah is one of the safest places in the UAE, with an incredibly low crime rate—almost 0%. This is a huge draw for families and individuals who value safety and security. The police are always available and can be contacted quickly in case of an emergency (dial 999 or 998).

Career Opportunities While Ras Al Khaimah may not offer the same level of job opportunities as Dubai, the emirate still has a thriving economy with opportunities in various sectors, including manufacturing, tourism, and real estate. For those who are looking for job security in a growing region, RAK presents an excellent opportunity to build a successful career.

Strong Sense of Community Living in Ras Al Khaimah means becoming part of a welcoming and friendly community. With a mix of expatriates and locals, RAK offers a unique cultural experience, making it easy to build lasting relationships.

Cons of Living in Ras Al Khaimah

Limited Entertainment Options While Ras Al Khaimah is peaceful, it does have fewer entertainment options compared to larger cities like Dubai and Abu Dhabi. For those who are used to a bustling nightlife or a variety of shopping and entertainment venues, RAK may feel a bit quiet. However, for those who prefer a slower pace of life, this may be considered an advantage.

Public Transport RAK has limited public transportation options. While taxis and private cars are readily available, the lack of a comprehensive public transport system may be a downside for those who don’t want to rely on personal vehicles.

Weather While the weather in Ras Al Khaimah is generally pleasant, the summer months can be extremely hot, with temperatures often exceeding 40°C (104°F). For newcomers, this might take some getting used to, especially if they are not accustomed to the desert climate.

Real Estate in Ras Al Khaimah

If you're considering relocating to Ras Al Khaimah, you may be wondering about the availability of properties. The good news is that properties for sale in Ras Al Khaimah are plentiful, and you can find everything from apartments to luxury villas. Many people are looking to invest in properties for sale in Hayat Island, a newly developed area that offers stunning views and premium living spaces. Additionally, Al Marjan Island property for sale is also an attractive investment for those who prefer waterfront living with modern amenities.

Whether you're looking to purchase a home or make a real estate investment, Ras Al Khaimah offers a range of properties that cater to different tastes and budgets.

Conclusion

In conclusion, the pros and cons of living in Ras Al Khaimah depend largely on your lifestyle preferences. If you are looking for affordable housing, a peaceful environment, low crime rates, and access to nature, RAK is an excellent choice. However, if you're seeking a bustling city with constant entertainment options, it may not be the ideal place. For those interested in real estate, properties for sale in Ras Al Khaimah, including areas like Hayat Island and Al Marjan Island, provide excellent opportunities for investment and living.

[realestateinsight1]

The United Arab Emirates UAE is renowned for its booming real estate market, attracting investors from across the globe Among its seven emirates, Ras Al Khaimah RAK is emerging as a key player…

[marjanisland]

Emaar Address Residences Al Marjan Island

Address Residences is an off-plan development on Al Marjan Island in Ras Al Khaimah that features an 80,000sq m beachfront with multiple swimming pools, sports facilities, lounge area and children's play area - as well as restaurants, diving centre and kayaking facilities. Furthermore, fitness options such as gymnasium and yoga deck will also be offered by Address Residences.

Here is the ultimate guide to the Emaar Address Residences through which you can have a look at the Al-Marjan Island.

About Emaar Address Residences

Emaar Address Residences at Al Marjan Island is the latest offering from Emaar Properties and features luxury 1, 2, 3 Bed Apartments & 4 Bed Penthouses as well as Luxurious 2 & 3 Bed Townhouses on Views Island of Al Marjan Island's four island mega development, marking Emaar Hospitality Group's Address Hotels + Resorts' expansion into Ras Al Khaimah with high-rise marvel that seamlessly combines hotel suites and residential apartments across six podium levels while providing family-oriented amenities - perfect for growing families looking for their first home!

Al Marjan Island in Ras Al Khaimah is an exclusive island development offering both completed and off-plan residential and hospitality projects, as well as retail outlets, dining establishments, fitness centers, bars, educational facilities, entertainment venues and business hubs to create a vibrant community - one that offers luxury meets tranquility on the shores of Arabian Gulf. Experience all that this natural haven has to offer you today.

Key Highlights

Property Type: Apartments/Townhouses/Penthouses

Unit Type: 1 to 4 Bed

Payment Plan: 90:10

Down Payment: 10%

Price: AED 1,700,000

Handover: Q1. 2028

Location: Al Marjan

Master Plan

Address Residences by Emaar Properties are an integral component of Al Marjan Island, a world-class luxury resort destination. Comprised of Breeze, Treasure, Dream and View Islands - each meticulously planned - Address Residences comprise an integral component of Al Marjan's grand vision and provide 7.8 kilometers of pristine beaches along 23 kilometers of waterfront; residential units planned as hotel rooms; wellness retreats as well as holiday residences will complete its offering.

Work-play infrastructure models enable international investors to acquire land plots with development rights for residential units, community facilities and retail purposes on Al Marjan Island - with this approach providing an ideal blend of nature and luxury that has quickly established Al Marjan Island as one of the fastest-growing business and leisure hubs in the region.

FloorPlan

Emaar Address Residences offer 1, 2, and 3-Bed Apartments, 4 Bedroom Penthouses and luxurious 2 & 3-Bed Townhouses to choose from, each providing luxury, comfort, and privacy - whether that means choosing from 1 Bed to a 4-Bed Penthouse/Townhouse!

1-Bed Apartments

Address Residences offers 1-bedroom apartments that include a bathroom, living area, kitchen and balcony covering an area between 659 sq. ft. and 811 sq. ft.

2-Bed Apartments

Address Residences' two-bedroom apartments will come equipped with two bathrooms, living areas, kitchens and balconies ranging in covered area from 1,131 to 1,425 sq. ft.

3-Bed Apartments

Address Residences will feature three-bedroom apartments featuring three bathrooms, living areas, kitchens and balconies that cover areas between 1,646 sq. ft. and 2,160 sq. ft.

4-Bed Penthouses

Address Residences will offer 4-bedroom penthouses featuring four bathrooms, a powder room, living area, kitchen and balcony spanning approximately 2,896 sq. ft of covered areas.

2-Bed Townhouses

Address Residences 2-bedroom townhouses will include two levels, each featuring three bathrooms, a powder room, living area, dining area and kitchen - along with two balconies and terrace space - on each level. Each unit will cover an area between 2,458 sq. ft. and 2,769 sq. ft.

3-Bed Townhouses

Address Residences Al Marjan Island RAK offers three-bedroom townhouses on two floors that boast three bathrooms, a powder room, living and dining spaces, kitchen facilities, two balconies and terrace areas that cover an approximate total area between 2,455 to 2,772 sq. feet.

Pricing and Payment Plan

Address Residences by Emaar is an off-plan project located on Al Marjan Island that features 1, 2 and 3-bed apartments as well as 4-bed penthouses starting at AED 1,700,00.

Address Residences By Emaar Al Marjan Island offers you an exceptional payment plan to acquire an apartment, penthouse or villa on their island community. Starting with 10% down payment and nine equal instalments until construction completion - this allows you to secure your unit with minimal upfront payment while paying the balance back via convenient, small payments according to an established schedule.

Down Payment: 10%

Construction: 80%

After Completion: 10%

Location and Connectivity

Address Residences' primary advantage lies in its location at Al Marjan Island in Ras Al Khaimah, providing easy access to nature as well as many retail stores, malls, shops, and recreational zones nearby. This location combines luxury living with modern infrastructure in close proximity to nature for a truly ideal living experience.

Connectivity

InterContinental Mina Al Arab - 5 minutes

Al Naeem Mall - 7 minutes

Al Hamra Village - 10 minutes

RAK Mall - 11 minutes

Ras Al Khaimah International Airport - 15 minutes

Downtown Ras Al Khaimah - 33 minutes

Dubai International Airport - 45 minutes

Accessibility

Sheikh Mohammed Bin Salem Road (E11) is only about 6 minutes away, providing residents access to public transport near Address Residences. Al Hamra Mall Bus Stop can be found nearby - residents can board Red Route buses here!

Lifestyle and Amenities

Emaar Address Residences at Ras Al Khaimah offers luxurious lifestyle amenities to fulfill every desire, with resort-style facilities like swimming pools, parks, gyms, playgrounds, retail shops and entertainment all located within its development. Some of the key amenities of Emaar Address Residences Ras Al Khaimah include:

Gym

Swimming Pool

Parking and Security

Kids Play Area

Gardens

Dining Options

Residents will find dining options within Address Residences that are easily accessible: restaurants such as those near Address Residences will provide tasty dining options within their project and will provide easy dining access for residents. Serenata Restaurant & Bar, Al Forno and Rbg Restaurant can all be reached within four minutes of driving on Al Marjan Island RAK and offer an assortment of cuisines.

Retail Options

Popular supermarkets near Address Residences include:

Leptis Fresh Supermarket

Al Sanad Supermarket

Zoom Market

One can reach these stores within seven minutes by car.

Nearby Attractions

Turtle Beach

Al Hamra Mall

Al Hamra Beach

Conclusion

Address Residences in Al Marjan Island, Ras Al Khaimah is an off-plan development. Situated on View Island, this complex will comprise six residential towers and a hotel building - apartments, penthouses and townhouses can all be booked with as little as 10% down payment - Emaar Properties are expected to complete their project by February 2028, so get your dream home today!!

[topluxuryproperty]

Middle East Real Estate Market Predictions 2025

The Middle East's real estate sector will enter a major transformation phase during 2025 as Dubai emerges as the leading market in the region. The ongoing Middle East real estate market transformation creates exceptional prospects for investors who want to advance their wealth.

Dubai: Real Estate in Dubai Brings New Opportunities

The real estate sector in Dubai shows better results than New York and London by being top in global rankings. Dubai represents the ideal location to put your money into real estate because you can earn 7% higher returns on your investment. The emirate's real estate sector should generate 8% residential price growth and 5% growth for luxury properties through 2025. The two best investment areas for buyers seeking top-tier properties are Dubai Creek Harbour and Downtown Dubai .

The high residential property demand in 2025 will reach 30,000-57,000 homes, but developers expect to build just 53,000 units, showing an ongoing imbalance between what people want and what is available to buy. The hospitality industry in Dubai expects 80% room occupancies next year, which will fuel tourism and boost the local economy.

Abu Dhabi: The Market Combines High-Quality Attributes with Investment Opportunities

Abu Dhabi stands out as a major real estate player in the Middle East through expanding sectors, including hospitality, residential projects, and industrial operations. Buyers continue to invest in Abu Dhabi property markets with a total spend of AED 47.92 billion during 2024 and forecasted expansion to 2025, primarily due to demand in Yas Island and Al Reem Island neighborhoods. Investors explore Abu Dhabi's premium waterfront and luxury villa investments because of their rising resale values.

The industrial sector will expand by a projected 7.7% during 2025. Abu Dhabi attracts global investors who want to spread their assets with its friendly business settings and carefully planned projects.

Ras Al Khaimah and Sharjah: Affordable Gems

Property investors looking to save money while earning good returns should watch Ras Al Khaimah and Sharjah. European investors choose Ras Al Khaimah because they find its cheap homes and easy access to Dubai appealing. RAK endured record development in real estate when buying and selling transactions reached AED 11.95 billion during the initial nine months of 2024.

The retail and hospitality market of Sharjah goes through substantial changes at this time. The upcoming decade will bring substantial growth in retail sales to both Aljada and Masaar, where investment opportunities will flourish.

What Makes the Middle East Real Estate Market a Smart Place to Invest?

Investors find multiple investment avenues throughout the Middle Eas,t from Dubai's high-end real estate market to Ras Al Khaimah's advancing hotel sector. Stable conditions combined with targeted public initiatives make this area an attractive destination for both regional and international investors.

Dubai’s unmatched growth: Real estate transactions will hit the AED 170.2 billion mark next year.

High yields: Properties in Dubai and Abu Dhabi deliver returns of 7%, which rank among the highest yields globally.

Tourism boost: Across all hospitality businesses in UAE, the industry is preparing for substantial increases in demand.

Conclusion

As an investment destination for the Middle East real estate market 2025 welcomes investors from all backgrounds. Investors looking for strong returns will find key opportunities in the UAE markets, including high-return properties in Dubai alongside luxury Abu Dhabi waterfronts and budget-friendly choices in Ras Al Khaimah. Profitability in this industry environment depends heavily on how well investors study market trends and make their choices. Discover all real estate opportunities in the Middle East to build your market exposure.

[overcoast-travel-and-tourism]

Exploring UAE Tourism Services You Shouldn't Miss

Jan 19, 2025·By Overcoast Travel and tourism

Discover the Vibrant Culture of UAE

Exploring Iconic Landmarks

No trip to the UAE would be complete without visiting its iconic landmarks. The Burj Khalifa in Dubai is the world's tallest building, offering breathtaking views from its observation decks. Nearby, the Dubai Mall invites visitors to explore its vast array of shops and entertainment options. Meanwhile, the Sheikh Zayed Grand Mosque in Abu Dhabi stands as an architectural masterpiece, showcasing stunning Islamic art and design.

The Louvre Abu Dhabi is another must-see attraction, housing an impressive collection of art from around the world. These landmarks not only highlight the UAE's architectural prowess but also reflect its commitment to cultural and artistic expression.

Experiencing Traditional Souks

Exploring these souks provides a glimpse into the rich heritage of the region, allowing visitors to engage with local vendors and discover unique souvenirs.

Adventure and Outdoor Activities

The UAE is not just about luxury and shopping; it also offers a plethora of outdoor activities for adventure enthusiasts. The desert safari is a popular choice, where visitors can experience dune bashing, camel rides, and traditional Bedouin camps. For those seeking water-based adventures, the UAE's coastline offers opportunities for snorkeling, scuba diving, and jet skiing.

Hiking enthusiasts can explore the Hajar Mountains, which boast scenic trails and breathtaking views. Whether on land or sea, the UAE provides a thrilling backdrop for outdoor exploration.

Indulging in Culinary Delights

Don't forget to try Emirati specialties such as shawarma, falafel, and luqaimat—a sweet treat that you won't want to miss.

Relaxing at Luxurious Resorts

After a day of exploration, unwind at one of the UAE's luxurious resorts. With options ranging from opulent beachfront properties to serene desert getaways, there's a perfect retreat for every traveler. The Palm Jumeirah in Dubai offers some of the most lavish accommodations with stunning views of the Arabian Gulf.

In Ras Al Khaimah, resorts nestled amidst the mountains provide tranquility away from the bustling city life. These resorts offer world-class amenities and spa treatments, ensuring a rejuvenating experience.

Conclusion: A Destination Like No Other

The UAE is a destination that captivates with its blend of modern marvels and cultural treasures. From exploring iconic landmarks to indulging in culinary delights, there is an endless array of experiences waiting for travelers. Whether you seek adventure or relaxation, the UAE promises unforgettable memories and a journey like no other.