Looking to invest in the UAE’s real estate? The upcoming property projects in RAK offer that. Several notable developers, including RAK Properties, have already announced stunning residential projects in different areas of Ras Al Khaimah.
Other real estate builders have also revealed some fascinating projects under development in Ras al Khaimah. Its new developments provide great residential and recreational opportunities, driving new interest in the local real estate market.
New and Upcoming Projects in Ras Al Khaimah
These are some of the most promising RAK property projects. If you are looking to buy residential or investment real estate in the area, we suggest you start by looking at these:
Al Marjan Island
Al Marjan Island is a group of 4 coral-shaped islands in a man-made archipelago located in Al Jazirah Al Hamra, Emirate of Ras Al Khaimah, in the Persian Gulf. There are 14 new projects on Al Marjan Island, including the following:
1. Address Residences
The leading developer in the UAE, Emaar Properties, just launched Address Residences. It is one of the most-anticipated and upcoming property projects in RAK. Besides, Address Residences is a joint venture with Address Hotels & Resorts, a renowned international business. The property, which is located on View Island, located in the central section of Al Marjan Island group, should be finished by early 2028.
The project offers various facilities, including:
- Children’s Play Area
- Spa
- Security
- Beach Club
- Fitness Center
- Yoga room
- Pool
Prices: Starting from AED 1,800,888
2. Rosso Bay Residences
Rosso Bay Residences is a recently revealed residential complex in Ras Al Khaimah’s full waterfront area. This luxury development by Aldar Properties offers a variety of high-end apartments with numerous bedrooms, offering inhabitants a luxurious living environment.
Amenities include:
- Swimming pool
- A fully decked-out outdoor gym
- Kids play area
- Beach lounge
- Beach sports
Prices: Start at AED 1,760,000
3. Sora Beach Residences
Sora Beach Residences, developed by Aark Developers situated in the centre of Al Marjan Island in Ras Al Khaimah. One of the most appealing aspects of Sora Beach Residences is its prime location on Al Marjan Island.
This large-scale development across four islands offers:
- Beach Access
- Gaming Resort
- Playground
Prices: From AED 2,800,000
4. Manta Bay
Manta Bay is an impressive initiative by Major Best Real Estate. The project includes studio, one and two-bedroom apartments spread throughout a stunning ten-story building.
Manta Bay is attractively designed and equipped with excellent amenities such as:
- Swimming pool
- Playground
- Sports facilities
- Spa
- BBQ space
Prices: Start from AED 1,200,000
5. Danah Bay
Dubai Investment Properties is proud to present Danah Bay, an exclusive, modern, and innovative residential development that promises to transform luxury living in the UAE.
This amazing development, located on Al Marjan Island in Ras Al Khaimah, covers around 968,750 square feet and provides a variety of unoccupied house options to meet a multitude of lifestyle preferences.
Facilities include:
- Swimming pools
- Gymnasium
- Shopping Malls
Prices: Starting from AED 2,700,000
New Off-Plan Projects in Ras Al Khaimah
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RAK NB Collection
Ras Al Khaimah, Mina Al Arab, Hayat Island, NB Collection
4 bedrooms
From: AED 17,000,000 Down payment: 10%
La Mazzoni
Ras Al Khaimah, Al Marjan Island
1, 2 and 3 bedrooms
From: AED 1,900,000
La Mer By Elie Saab
Ras Al Khaimah, Al Marjan Island, La Mer by Elie Saab
1, 2, 3 and 4 bedrooms
From: AED 1,900,000 Down payment: 10%
The Unexpected Al Marjan Island Hotel & Residences
Ras Al Khaimah, Al Marjan Island, The Unexpected by Al Marjan Island Hotel and Residences
1 and 2 bedrooms
From: AED 1,700,000 Down payment: 5%
Sora Beach Residences
Ras Al Khaimah, Al Marjan Island, Sora Beach Residences
1, 2, 3 and 4 bedrooms
From: AED 2,800,000
Falcon Island
Ras Al Khaimah, Al Hamra Village, Falcon Island
2, 3, 4 and 5 bedrooms
From: AED 7,800,000 Down payment: 15%
JW Marriot Residences
Ras Al Khaimah, Al Marjan Island, JW Marriott Residences
1, 2 and 3 bedrooms
From: AED 2,750,000 Down payment: 10%
Nobu Hotel & Residences Al Marjan Island
Ras Al Khaimah, Al Marjan Island, Nobu Residence
2 and 3 bedrooms
From: AED 2,400,000 Down payment: 50%
Masa Residence
Ras Al Khaimah, Al Marjan Island, Masa Residence
1 and 2 bedrooms
From: AED 970,000 Down payment: 20%
The Beach House
Ras Al Khaimah, Al Marjan Island, The Beach House at Al Marjan
1, 2 and 3 bedrooms
From: AED 1,400,000 Down payment: 5%
Al Hamra Island
Al Hamra Village offers a highly desirable place to call home, featuring modern living spaces with state-of-the-art facilities. The area provides a variety of housing options, including luxury villas, townhouses, and condominiums with panoramic views of the coastline and golf course.
The village is also a hub for career opportunities, with many multinational corporations and businesses setting up shop. Here are some of the top property developments here:
1. Ellington Views 2
Ellington Views 2 represents the next stage of a luxurious property crafted by the renowned Ellington Properties. Situated on the peaceful Al Hamra Island in Ras Al Khaimah, this high-end real estate project offers a perfect mix of luxury, sophistication and stunning surroundings.
The project offers:
- Beachside living
- Waterfront views
- Nearby access to Al Naeem Mall and RAK Mall
Price: From AED 2,160,828
2. Falcon Island
Falcon Island is an attractive residential sanctuary developed by Al Hamra development. It provides two-bedroom townhouses with sizes ranging from 1322 to 1430 sq. ft., 3 Bedroom townhouses with size of 1980 sqft, 4 Bedroom Villa & townhouse Sizes ranging from 2512 to 3702 sq. ft. and 5 Bedroom Villa with a size of 5123 sqft.
The project offers:
- Fitness centres
- Shopping and dining options
- Schools
- Healthcare facilities
- Parks and green spaces
Prices: Starting from AED 1,189,178
3. Ellington Views 1
Ellington Views 1 is located on Vienne Street in Al Hamra Village, Ras Al Khaimah. This venture has two structures, one with 18 stories and one more with 13 stories. The buildings offer a variety of housing options, including unique duplex penthouses and studios, as well as one-, two-, and three-room lofts.
It will be ready for inhabitants by the beginning of 2027.
Available features are:
- Pools
- Beachside living
- Parks and green spaces
Prices: Start at AED 1,965,828
4. Al Hamra Marina Residences
Located between the Al Hamra lagoon and the Arabian Gulf, the luxury Al Hamra Marina Residences spans many stories. This high-end property is presently under development and should be finished by Q4 of 2024.
Available features are:
- 24/7 customer support
- A variety of stores and restaurants
- Business centre
- Spa and fitness centres
- Secure parking and much more
- Private beach
- Adult and children’s swimming pools
Prices: Start at AED 550,000
Mina Al Arab
Mina Al Arab is a popular man made island in RAK that draws in many tourists. Apart from providing beachfront living, this place is famous for its beautiful beaches, fun attractions and luxurious hotels.
To attract more tourists and attract further investments in the area, developers have announced some of the top upcoming property projects in this RAK area. A mix of projects has been finished, while others are still underway. Here are the details on the off-plan projects in Mina Al Arab:
1. Edge at Raha Island
Edge at Raha Island in Mina Al Arab offers beach living with studios, one and two-bedroom apartments, chalets and penthouses. This rising peak offers a view of the island’s expansive skyline.
The development provides:
- A clubhouse
- Lounge
- Skating area
- Pool
- Gym
- Kid’s club
Prices: Start at AED 750,000
2. Granada Villas 2
Granada Villas 2 is a residential development near Mina Al Arab. The family-friendly area includes villas and townhouses, as well as recreational and leisure facilities. The buildings feature modern Arabic design and are located on gorgeous natural beaches.
Property owners also get to enjoy:
- Swimming Pool
- Lounge Area
- Beautiful Grounds
Prices: Start at AED 2,300,000
3. Gateway Residences 2
Gateway Residences 2 is a new luxury waterfront property on Hayat Island, Ras Al Khaimah. The building has 1 and 2 bedroom apartments, providing a relaxing lakeside lifestyle with amazing views.
This project includes:
- 5-minute drive to the Anantara Resort
- 5-minute drive to Mina Al Arab Hotels
- Easy access to Local Stores
- A Lovely Beach Clubhouse
Prices: From AED 783,457
4. Porto Playa
Porto Playa is the latest project by RAK and Ellington Properties, which is located in the centre of Hayat Island, Mina Al Arab.
This unique project provides a lifestyle that perfectly integrates contemporary luxury with the natural beauty of the coastal surroundings and the peaceful environment, making it the ideal entry to an upgraded and appealing living experience.
The provided facilities are:
- Gym
- Running Grounds
- Beautiful Gardens
- Beach Access
Prices: Starting from AED 800,828
5. Quattro Del Mar
Quattro Del Mar on Hayat Island, has luxurious studios, one, two and three-bedroom apartments, as well as duplex units.
The development provides:
- Health club, spa
- Swimming pools
- Fitness centre
- Cycling tracks
- Private Club
- BBQ areas
- Shopping malls
- Resorts
- Beach areas
Prices: Start at AED 875,000
FAQs
1. Is Ras Al Khaimah (RAK) a Favourable Destination for Real Estate Investment?Yes, RAK is becoming a sought-after destination for real estate investment due to factors such as affordability, tourism growth, free trade zones, and infrastructure developments.
2. What Are the Upcoming Initiatives in RAK?Some upcoming property projects in Ras Al Khaimah include developments like Hayat Island, The Address Al Marjan Island, Falcon Island and Nikki Beach Residences, among others.
3. Where Can Foreign Investors Buy Properties in RAK?Expats and foreign investors can purchase freehold properties in RAK, particularly in areas like Al Marjan Island, Hayat Island, and Al Hamra Village.
4. Are There Any Affordable Options for Renting Apartments in RAK?Yes, Ras Al Khaimah offers a range of affordable apartment options, particularly in areas like Sharjah and Ajman. Additionally, there are budget-friendly apartments available in RAK itself, catering to different preferences and budgets.
The upcoming property projects in RAK show that the future for real estate in the emirate is bright, especially for the large projects that have been launched.
With the UAE leadership’s sensible vision and hope in the real estate industry, this sector is likely to expand and grow in the next few years.
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Samrina Khan
