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Location - Al Thuraya Residential Property in Ras Al Khaimah

Location

Ras Al Khaimah

Overview

  • UAE's longest coastline
  • Stable currency pegged to US dollar
  • 75 minutes from Dubai
  • 50% GDP increase in last 3 years
  • No income, capital or corporate tax
  • Plans for 2.5 million tourists by 2012
  • Flourishing Free Trade Zones
  • Major theme parks planned
  • International airport
  • 40% increase in tourism in 2007
  • 93% hotel occupancy in 2007

Key Facts

  • Population: 250,000 in 2006
  • Currency: Dirham (AED)
  • AED 3.6725 to US$
  • Area: 1700 sq/km/
  • Language: Arabic & English
  • Airport: Ras Al Khaimah International
  • Time Zone: GMT + 4
  • Summer Temp: 40°C (day)
  • Winter Temp: 20°C (day)