The United Arab Emirates (UAE) has long been a magnet for international tourists seeking luxury and opulence, and amidst its dazzling neighbors, Dubai and Abu Dhabi, emerges an under-the-radar gem for both holidays and investments – the northern emirate of Ras Al Khaimah (RAK). Just 45 minutes from Dubai, RAK is rapidly becoming the most exciting destination in the UAE, offering a perfect blend of amenities for holidays and robust investment potential.
A Haven of Natural Beauty: RAK’s Cinematic Landscape
Steeped in natural beauty, RAK is a veritable escape straight from a movie set. Swooping mountain tops provide a breathtaking backdrop to a coastline adorned with pristine white sands, crystal-clear blue waters, and magnificent sunsets. RAK’s landscape is a sensory delight, offering an oasis of tranquility amid the bustling allure of the UAE.
Investment Potential Soaring: RAK’s Economic Growth
While Dubai and Abu Dhabi are renowned for their magnificent hotels and property investment potential, it’s RAK that’s carving its niche as a holiday and investment hotspot. According to the RAK Tourism Development Authority, tourism revenue is forecasted to reach AED 2.7 billion by the end of 2018. This economic growth is fast-establishing RAK as one of the world’s hottest property markets, making it an ideal destination for holiday property investments, especially for Russian buyers.
Pacific Residence: Your Gateway to RAK’s Coastal Elegance
In the heart of RAK’s burgeoning allure stands Pacific Residence, a residential masterpiece nestled on Al Marjan Island. Just a swift 3-minute journey from the Wynn Casino, Pacific Residence offers an ideal blend of luxury living and investment potential. Abdulla Al Abdouli, the visionary CEO of Marjan LLC, guides this project, ensuring that every detail reflects the essence of coastal elegance.
Why Invest in RAK?
- Proximity to Dubai: Just 45 minutes from Dubai, RAK provides a serene escape without compromising on the vibrant experiences of its bustling neighbor.
- Breathtaking Beaches: RAK boasts breathtaking beaches and scenery, offering residents and visitors a perfect retreat.
- Property Price Growth: Property prices in RAK are forecasted to rise by 20% over the next three years, making it a lucrative investment opportunity.
Clarification: Pacific Residences and Wynn Casino Distinction
It’s crucial to note that Pacific Residence is situated on Al Marjan Island but is not on the same island as the Wynn Casino. However, the casino is conveniently located just a swift 3-minute journey from Pacific Residence, providing residents with easy access to entertainment and sophistication.
Conclusion: RAK – A Gem Unveiled
In conclusion, Ras Al Khaimah emerges as a gem within the UAE, offering a unique blend of natural beauty, investment potential, and holiday amenities. With Pacific Residence leading the way, guided by the vision of Abdulla Al Abdouli, investing in RAK becomes not just a financial decision but a lifestyle choice where coastal elegance meets the allure of the Arabian Gulf.