Where to invest in Ras Al Khaimah

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22 Mar 2024
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A client approached us seeking property investment opportunities in Dubai. Dissatisfied with the interest rates offered by Russian banks, he found that returns on deposits were nearly eroded by inflation, whether official or de facto.

It proved far more advantageous to invest in apartments at the onset of sales, yielding up to 12% annually. However, the entry threshold in Dubai is significantly higher than in Ras Al Khaimah, where competition is less intense. The most desirable units are swiftly snapped up within minutes of launch. Hence, the investor shifted his focus to the northernmost emirate.

Guided by a personal broker, they settled upon Al Marjan Island, slated to unveil the first casino in the MENA region in 2027. Following this development, property prices are expected to surge, accompanied by a rise in rental rates. Already, nearby locations have witnessed a surge in value.

Ultimately, the investor acquired a 43 m² studio on the 7th floor of Manta Bay, directly by the sea on Al Marjan Island, for $350,000. Anticipated price appreciation post-project completion in late 2026 is estimated at 30%. Should this projection materialize and prices surge confidently, the client intends to purchase several more apartments on the island.

Where is the most profitable investment currently?

🔸 Quattro Del Mar

🔸 Nikki Beach & Aldar Rosso

🔸 JW Marriott Residences

Download the catalog of new projects in Ras Al Khaimah