Ras Al Khaimah: A Haven for Off-Plan Properties
Published Date: 28th Sep, 2024
Ras Al Khaimah is emerging to be the most charming district in UAE after Dubai. Blessed with a diverse landscape, Ras Al Khaimah is the only district in the Emirate that features seaside, desert, and mountains. It is often called the best place for adventurers as it offers hiking trails in the Rocky Mountains, zip lines in Jebel Jais, travelling through Al Wadi desert, and a long unspoiled coastal line. The serene and raw natural beauty is the reason why many investors are drawn to this distracts to make a living. Amidst all the wildlife and challenging terrain, there lies a vibrant city which is developing rapidly due to high demand in prices. According to our Best Real Estate Brokers in Dubai, the properties in Ras Al Khaimah are priced fairly and offer great returns on investments. Here is what makes Ras Al Khaimah a popular spot for off-plan investors.
Advantages of Investing in RAK’s Off-Plan Properties
First Residents
The Off-plan properties allow you to become the first-time owners of new houses. If you are someone who is not comfortable with the idea of getting a previously used property and want to own one from the start, then this is your chance. You can find plenty of options in Ras Al Khaimah to get a brand-new property as per your needs.
Easy Payment Plan
Most off-plan are designed to facilitate the owner with the cost of the purchase. They offer special payment plans which typically involve a down payment (up to 20% usually) and the rest of the payment can be made in installments. These offers distribute the burden of the total cost enabling many to become property owners easily.
Higher Return on Investment
As of the latest reports, the property projects in Ras Al Khaimah offers ROIs up to 16% to 20% which is considered quite a lucrative offer. As the property market is on the rise, the value of investment is also expected to rise exponentially in the upcoming years.
Variety in Properties
The best thing about off-plan projects is that you can get plenty of residential options. Whether you want an apartment close to the shore or live close to the desert, the options are aplenty. From studios to spacious penthouses, there is something for everyone here in Ras Al Khaimah.
Are you looking for a reliable luxury real estate agent Dubai to connect with Ras Al Khaimah’s property market, feel free to reach to us at A Land? With a global footprint, we have vast resources to find you a property anywhere in UAE and beyond.
Date: 28th Sep, 2024
