Northern Emirates investment key factors
Emerging Markets Emerging Opportunities
Dubai, Abu Dhabi and the UAE is the most emerging and dynamic freehold real estate market on Earth.
- Strong political and economic growth
- Population growth underpinning property market
- Booming Economy: growth currently at 15% compared to 2.5% in the UK
- 365 Sunny days
- Future Supply: All master-planning is Government controlled to carefully manage the demand-supply ratio thus maintain strong growth & returns
- Considered approach to growth and property market
- Market right at the beginning of international investor interest
- Airport expansion
- Industrial Firms, Investment and Labor by Industrial Activity growing in the Emirate of Ras Al Khaimah
- Hotels, Rooms, Beds and Occupation Percentage growing with increasing tourism
- Longest stretch of coastline in the Emirates, sparkling turquoise waters and picturesque mountains
- Low crime rate
- 45 minute drive from Dubai International Airport.
- Growing tourist destination - the new holiday destination of the Middle East
- RAK airways (airline) launched in 2006
- Emirate expects 2.5 M tourists a year by 2012
- £116M WOW RAK theme park attracting 15,000 a day
- Three world-class gold courses planned, bringing total to five
- RAK Trade Zone (RAKFTZ) attracting huge amounts of FDI
- £1.8Billion Emirates railway will cut commute to Dubai to 20 mins
- Comparables are being made to Dubai 6 years ago
- UAE's most breathtaking natural beauty exists on Ras Al-Khaimah's coastline, so every effort has been made to ensure all planning is ecologically sound.
"Investment in any of the United Arab Emirates after Dubai, you are more than likely to draw a blank. But now with huge investment by the government and international companies, the FT has named Ras al-Khaimah as the most cost-efficient of the Emirates. Not surprisingly, with land and property space in Dubai in very short supply, its neighbor is reaping an advantage"
The Times, UK