Apartments for Sale in Ras Al Khaimah
Ras Al Khaimah is a 7,000 years old Emirate. While you can not see many skyscrapers in RAK, and the lifestyle there is far from glitzy, it is a good place for investors who want to move out of busy metropolises. This Emirate is a less populated place with clean air and green surroundings.
If you like to buy apartments for sale in Ras Al Khaimah continue reading to the end.
Why do investors choose Ras Al Khaimah to buy apartments for sale?
You might hear a lot that Ras Al Khaimah is a great city for investment, particularly if it is your first experience. You can invest there and profit by renting it out or using it as a holiday residence. Here, I will tell different reasons that make this place a beneficial option for investment.
- This emirate is surrounded by mountains and makes this place a not populated place to live.
- While RAK is different from busy metropolises such as Dubai or Abu Dhabi, you can access all the conveniences of modern life. This city has undergone significant changes through past years. Now, you can find facilities like world-class education and healthcare services, a wide range of facilities, such as nightclubs, parks, shopping malls, hotels, dining options, and a developed real estate market.
- Many people choose this place to buy freehold properties at affordable prices.
- You can find different quality apartments in all types and sizes, varying from studio apartments to ample four-bedroom units with 4,200 sq. ft. of living space.
- Many investors choose RAK because it has more apartments for sale compared to villas, so it is a good choice if you want to gain some equity.
What are the popular types of apartments in Ras Al Khaimah?
Statistics show that hotel apartments for sale in Ras al Khaimah are on the top of the most required property types list. But you can find different types of apartments in RAK. For Example, while you can find studios in RAK, there are other options with 1, 2, 3, and 4 bedrooms.
Let’s go through some of the most popular ones.
Studio flat for sale in RAK
This is the most popular type of apartment in Ras Al Khaimah that mostly comes with one bath and 559 sq. ft. of floor space. The most popular version of the 1-bed category is a unit with two baths and around 690 sq. ft. of floor space. Also, you can find 1-bed apartments fully furnished.
2-bed apartments for sale in RAK
Mostly, fans of 2-bed flats in RAK try to find a typical unit with two baths and about 1,800 sq. ft. of floor space.
3-bed apartments for sale in RAK
Also, you can find more convenient 3-bed apartments for larger families. Usually, they have 2,163 sq. ft. of floor space and three baths.
4-bed apartments for sale in RAK
The largest apartment you can find in RAK is in the format of a 4-bed apartment with three baths and 4,200 sq. ft. of floor space.
Among other facilities that you can use as a foreign resident when you live in an apartment in RAK is the complete maintenance of the building, waste disposal, broadband internet connection, and satellite TV.
What are the best areas of Ras Al Khaimah for property investment?
Mostly, people choose RAK areas based on the level of development in the area and its closeness to the emirates of Sharjah and Dubai. If you want to find the most popular RAK neighborhoods, continue reading.
Al Hamra Village
If you want to buy an apartment or any other residential property in RAK, Al Hamra Village is at the top of the list. The community was developed by the Al Hamra Group and surrounded by an artificial creek that encircles the whole area. Also, you can find different world-class hotels like Waldorf Astoria, Hilton Al Hamra, and Banyan Tree RAK beach resort.
Al Marjan Island
The second community for apartments in RAK is Al Marjan Island. There, you can find many apartments for sale situated on an artificial island. While it is not in the same rank as Palm Jumeirah, you can buy a luxury beachfront apartment for a fraction of the price there.
Mina Al Arab
The third place is for the community of Mina Al Arab. This area is popular because of its connectivity with E11 that intersects with other popular communities of RAK.
Also, you can choose Al Nakheel as the next place if you want to buy the most affordable apartments for sale in RAK. This place is a suburban district, close to the (E11) highway with easy access to the rest of the emirates. Also, this community is close to Manar Mall, a favored retail hub with a cinema, entertainment space for kids, and food court.
How much should I pay to buy an apartment in Ras Al Khaimah?
Now, it is time to go through different apartment prices in RAK. These prices differ based on the square fit of the apartment, the neighborhood, and the facilities. Here, you can read about the approximate price of different apartments in Ras Al Khaimah.
Studios for sale in Ras Al Khaimah price
Studio apartments for sale in Ras al Khaimah are among the most popular RAK apartments. Singles and young couples who have limited budgets look for these studios. These are suitable options for those who do not spend much time at home. If you want to buy a Studio unit, it is good to know that you have a bedroom, a bathroom, and a living room all in one living space. You can buy the most basic studio flat for sale in RAK for about AED 200k.
1-bed flats for sale in Ras Al Khaimah price
If a Studio is not a proper option for you, you can buy a 1-bed flat with two baths and about 1000 square feet. Those prices will start from AED 300k, and you can buy the most expensive one for AED 1.35M.
2-bed flats for sale in Ras Al Khaimah price
Another option with more living space is a 2-bedroom residential unit with three baths and about 1200 sq. ft. You can buy them by paying about 300k, but if you increase it to AED 2.2M you can buy a newer apartment in a better situation.
3-bed flats for sale in Ras Al Khaimah price
This case is a good opportunity for families with two or more children. They are 2000 sq. ft units with four baths. The starting price for a 3-bed flat for sale in RAK is about AED 800k, and it reaches AED 2.9M.
4-bed luxurious apartments for sale in Ras Al Khaimah price
4-bed flats are luxurious cases with high facilities. Typically, their price starts from AED 1.59M and will go as high as AED 2.4M.
If you are among those people who have some extra money and want to make a profitable investment, apartments for sale in Ras Al Khaimah might be a good choice for you. We help you choose the most appropriate option based on your budget and wish. You can contact the dxboffplan expert team online and ask for help.