MEDIA CENTRE

Latest MEDIA articles

13 FEBRUARY, 2024 | ARABIAN BUSINESS

The emirate offers more attractive property prices, with the potential of a greater upside

On 1 February 2023, Range signed an agreement with Marjan to build three separate developments. First, The Beach House at Al Marjan Island, with 88 apartments; second, The Beach Residences at Al Marjan Island with 421 apartments and 11 townhouses; and third, The Beach Vista at Al Marjan Island. All will boast stylish and modern contemporary designs and interiors. Prices start from AED1.1 million (US$299,000) and offer potentially significant returns. The projects have a combined gross development value of close to AED1.5 billion.

“Our site selection, building design and interior aesthetic have been carefully curated to cater to end-users and investors alike,” says Riaz Shariff, Managing Director and Member of the Board of Range Developments.

The emirate is witnessing significant infrastructure development, including the expansion of airports, ports, and road networks, which has further boosted its economic potential. As a result, the demand for residential and commercial properties in the emirate is on the rise, making it an attractive investment opportunity.

12 FEBRUARY, 2024 | GULF NEWS

The emirate offers more attractive property prices, with the potential of a greater upside

Ras Al Khaimah, one of the most picturesque emirates of the UAE, has the country’s most dynamic real estate market.

“We see great potential in Ras Al Khaimah,” says Mohammed Asaria, Managing Director and Member of the Board of Range Developments. “It has all the attributes we like to see such as a robust and diversified economy.”

Compared to some of the other emirates, Ras Al Khaimah offers more attractive property prices, with the potential of a greater upside. This affordability factor not only attracts individual investors but also opens opportunities for institutional investors and real estate funds.

13 FEBRUARY, 2024 | ARABIAN BUSINESS

The emirate offers more attractive property prices, with the potential of a greater upside

The projects mark Range Developments’ debut in the UAE market bringing its exceptional expertise in developing five-star hotels in Dominica, St. Kitts and Grenada. The upscale beachside residential buildings, each with its own distinctive design and offerings, will further add to the allure of Ras Al Khaimah as a sought-after destination for residents, tourists and investors. The Beach House is a collection of 88 apartments with a mix of studios and three-bedroom simplex and duplex apartments set in a prime beachfront location. The properties on offer feature floor-to-ceiling windows and provide views of the Arabian Gulf. With 412 apartments and 11 townhouses, The Beach Residences is a project that offers waterfront living with custom-built high-quality living spaces.

RELATED BLOG Articles

29th May 2024

Among its best residential areas in Ras Al Khaimah is Al Marjan Island, a location that is a residential paradise and a future tourist hotspot. Al Marjan Island stands out

28th May 2024

Nestled along the pristine shores of the Arabian Gulf, Ras Al Khaimah offers an enchanting escape with its luxury beachfront properties in Al Marjan Island, particularly the awe-inspiring developments by

24th May 2024

Ras Al Khaimah’s real estate market is attractive not only for its economic potential but also for its inclusive policies regarding foreigners buying property in Ras Al Khaimah. Foreign investors
× Chat