Saud Bin Saqr Al Qasimi

RAK's Real Estate Market Takes Off

Since Saud Bin Saqr Al Qasimi took over as Ras Al Khaimah's ruler in 2010, the emirate's real estate sector has been at the forefront of its breathtaking economic expansion. Thanks to conservative, forward-looking development policies as well as strong guidance from RAK Properties and other real estate concerns, RAK's property market is among the healthiest and fastest growing in the entire United Arab Emirates.

His Highness Commits to State-of-the-Art Infrastructure

Like any structure, a solid real estate market requires a strong foundation. Under the guidance of Saud Bin Saqr Al Qasimi, Ras Al Khaimah (RAK) has embarked on several noteworthy infrastructure projects and upgrades that have turned the emirate into an attractive place to live and work.

RAK's central city recently introduced a convenient, comprehensive bus network to shorten travel times and improve connectivity. Separately, a number of water-distribution projects and communications upgrades have dramatically increased the emirate's attractiveness to international tourists and business owners. A new motorway that connects the emirate with Oman complements an existing link to nearby Dubai. Most notably, His Highness has embraced international businesses and transplants by eliminating income, sales and corporate taxes.

Brand New Homes for Just 11 Months' Rent?

The local real estate market has been supported by a number of major new developments that have broken ground recently. RAK's real estate centerpieces include majestic, luxurious residential and commercial developments like Julfar Towers, but the emirate has plenty of more down-to-earth options for new arrivals as well.

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