Guide for investors in Al Marjan Island Ras Al-Khaimah Property UAE

Ras al-Khaimah is among the 7 emirates (sovereign says) of the United Arab Emirates. It really is located in the north of the Arabian Peninsula and will be bordered by the emirates Umm al-Quwain, Fujairah and sharjah and the Sultanate of Oman.

Ras al Khaimah was the next emirate of the United Arab Emirates (the UAE) to permit foreign freehold house ownership, and was the initial emirate to really pass a legislation granting foreign nationals house rights. This early access in to the freehold marketplace has meant there are many exciting house developments built and under building in Ras al Khaimah Town.

The initial freehold development built-in Ras al-Khaimah is Al Hamra Village, reduced beachfront property and tourism precinct. The village can be found 40 minutes push from Dubai AIRPORT TERMINAL. The development homes 3 hotels, over 1350 home dwellings of varied sizes and sorts, a retail center, 18 hole course, marina and a 5 kilometre running track among some other numerous functions. The development can be house to a guy produced island that homes a 22 ground, 400 room, 5 star resort; the island will be from the main advancement by way of a bridge.

The Cove was the next freehold advancement being built-in the emirate and is really a beach resort of around 50 acres. It'll add a 5 celebrity beachfront resort and over 130 Nubian design furnished chalets.

Currently due for completion may be the Julfar Towers, a commercial and residential freehold development comprising 40 story residential and commercial towers built more than a three level podium of retail and food outlets. The industrial tower will home 468 office models of varied sizes as the home tower will offer you accommodation which range from a restricted number of unique duplexes, and 349 apartments which range from 4 bed room deluxe flats to studios. The Julfar Tower complicated will offer you a kindergarten, fitness centre, sophisticated business center and parking for over 1500 vehicles, alongside breathtaking sights of the mountains, creek and mangroves.

You can find two man-made island developments currently below construction in Ras al-Khaimah, they are Saraya Island and Al Marjan Island. Saraya Island is really a tourist advancement that will consist of 3 man-produced islands, onto which 3 extravagance hotels, 200 villas and cultural and industrial venues will undoubtedly be placed.

The Al Marjan Island development is really a group of 5 coral shaped islands that may extend two kilometres in to the Arabian Gulf, 27 kilometres from the town centre. The development includes a water concept park, a marina and marina village, 10 major hotel websites and 50 big villa websites. The primary development arrives for completion by 2009. A sub advancement of the Al Marjan Island advancement, the Gateway, is really a residential and industrial development that may house 50,000 occupants and has been constructed in 5 stages that have a completion day of 2012. La Hoya Bay will be another advancement being constructed on Al Marjan Island, a residential, leisure and commercial project. The task will be built-in 6 phases with the initial phase planned for completion in March 2008.