Ras Al Khaimah (RAK) is rapidly becoming a top destination for global investors. With its stunning natural landscapes and growing business environment, RAK offers unique advantages for investment. At RAK Properties, we see the value in RAK’s strategic benefits, supportive business climate, and strong growth potential. Here’s why RAK stands out as an investment hotspot, especially through our flagship development, Mina Al Arab.
Ras Al Khaimah’s real estate market is growing fast. With major infrastructure development, the demand for both residential and commercial properties is rising. Property prices have increased by 10% annually over the past three years, with rental yields averaging 8%. Our flagship project, Mina Al Arab, showcases this growth, offering luxury residences for discerning investors.
RAK is strategically located at the crossroads of Asia, Europe, and Africa, providing excellent access to global markets. RAK’s ports handle over 1 million TEUs annually, making it a key hub for international trade and logistics.
RAK has a dynamic business environment with a thriving manufacturing sector and a free trade zone hosting nearly 45,000 companies. The emirate encourages foreign investment with incentives like 100% foreign ownership and tax exemptions. In 2022, RAKEZ attracted $1.5 billion in foreign direct investment, highlighting RAK’s appeal to global investors.
RAK continually invests in its infrastructure to ensure a high quality of life and strong business growth. In 2023, $500 million was invested in roads, ports, and telecommunications. Mina Al Arab benefits directly from these enhancements, offering residents and investors cutting-edge amenities and connectivity.
RAK has successfully diversified its economy beyond oil and gas. Tourism, manufacturing, and technology sectors now contribute 80% to RAK’s GDP. Mina Al Arab integrates residential, commercial, and leisure spaces, exemplifying this economic diversification.
Tourism is a cornerstone of RAK’s economy, attracting millions of visitors annually with its natural beauty and luxurious resorts. In 2023, the emirate saw a 15% increase in tourism, with over 1.5 million visitors. Mina Al Arab, with its waterfront residences and world-class hospitality, plays a key role in boosting RAK’s tourism sector.
RAK offers an exceptional quality of life, with a safe community, excellent schools, world-class healthcare, and a vibrant cultural scene. Expatriate satisfaction is high, with 92% rating their quality of life in RAK as good or excellent. Mina Al Arab enhances this with luxurious living spaces, lush landscapes, and comprehensive amenities.
The RAK government is committed to creating a supportive environment for investors through its Vision 2030 strategy. This initiative aims to position RAK as a leading investment destination, with $2 billion planned for various sectors. RAK Properties supports this vision with developments like Mina Al Arab, which reflect the emirate’s commitment to growth and innovation.
RAK’s Golden Visa programme offers long-term residency to investors, entrepreneurs, specialised professionals, and outstanding students. This programme adds to RAK’s appeal for real estate investment, providing stability and security for long-term commitments. Investors in Mina Al Arab can benefit from this programme, enhancing the attractiveness of their investment.
With its business-friendly policies, dynamic economy, and attractive residency schemes, Ras Al Khaimah is a prime opportunity for global investors. Whether investing in real estate, trade, technology, or tourism, RAK presents a compelling case for investment, backed by strong government support and a strategic vision for the future.
