Further investment in Ras Al Khaimah sparks property demand
Ras al Khaimah is currently undergoing large scale infrastructural investment to the value of $1.55 billion. The investment is primarily focussed on the improvement of utilities along with planned upgrades to road networks and transport links to promote RAK’s growth into a commercial and residential hub. The majority of development will take place on the [...]
WOW RAK officially opens
Ras Al Khaimah took a substantial step towards its goal of becoming the region’s tourism hub last month with the opening of the first phase of the highly anticipated WOW RAK theme Park. WOW RAK’s Ice Land Water Park was officially opened by the emirate’s Deputy Ruler, Crown Prince Sheikh Saud bin Al Qasimi, followed [...]
RAK Property set for growth following price stabilisation
Property in Ras Al Khaimah has performed surprisingly well over the last two quarters, even showing growth in some areas. “A lot of people are underestimating Ras Al Khaimah — it is an attractive and peaceful place where they can play golf until late and the area around the homes is much more spacious and [...]
Ras Al Khaimah: Al Marjan Island infrastructure 80% complete
Infrastructure works on Ras Al Khaimah’s Al Marjan Island are 80% complete, master developer Rakeen have announced today. Furthermore, the remainder of the works are on target to complete on schedule in 2012 with infrastructure including irrigation system, potable water system storm water system, rising main system and vacuum system in place ready for when [...]
Ras Al Khaimah: Impressive construction progress on Al Marjan Island projects
Following news last week that infrastructure works on Al Marjan Island are in full swing, the Ras Al Khaimah Investment Authority (RAKIA) has revealed that impressive progress is also being made on several of the island’s developments. The first development scheduled for completion is Rakeen’s multi-use Bab Al Bahr project, located on the Al Marjan’s [...]