Location

Ras Al Khaimah - the next Dubai

In the Northern Emirates, Ras Al Khaimah is just a short drive from the busy metropolis of Dubai, and is now being recognised internationally as the latest player in the UAE property market, offering investors a brand new opportunity to invest in one of the world's most exciting emerging markets at the start of its expansion and development.

The Emirate has grown rapidly in the past four years, beginning an ambitious phase of development to re-invent itself as an economic powerhouse with world-class infrastructure. Multi-million Dirham Government investments are being implemented for infrastructure improvements, tourism, shopping, air and port facilities, as well as efforts to attract industrial and commercial enterprises and the development of the 65km of stunning beach, amazing mountain foothills and desert plains. Specialists are predicting the number of visitors to the Emirate to rise to 2.5 million by 2012. It is clear that purchasing property in Ras Al Khaimah provides an attractive value proposition for investors.

The vibrant Free Trade Zone in Ras Al Khaimah (RAKFTZ) is another huge pull for local and international investors, as it allows clients to set up businesses in the UAE with 100% ownership and without paying personal or business taxes.

It is this unique combination of Ras Al Khaimah's strategic location at the crossroads between East and West, its attractive tax-free environment, its unique pro-business opportunities, thriving tourist industry, robust infrastructure and low entry-level investments in Ras Al Khaimah property that make Ras Al Khaimah the destination to invest in NOW. When The Financial Times' fDI magazine said in a report that Ras Al Khaimah was the most cost-effective place to be in the Arabian Gulf, it was talking about more than just the business environment. Ras Al Khaimah is the next Dubai.

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