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The most northerly of the emirates of the UAE, Ras Al Khaimah Ras Al Khaimah covers a surface of approximately 1,700 square kilometers, and is undoubtedly the most theatrical of the United Arab Emirates. With the dramatic Hajjar Mountains on one side, and the pure white beaches and blue Arabian Sea on the other, it’s easy to see why an growing number of people are looking to buy ownership in Ras Al Khaimah.

With over billion worth of strange and domestic investment in Ras Al Khaimah since 2000, coupled with the growth of one of the emirates largest and most wealthy free zones, this growth in demand has come at both individual and corporate level. Large firms, who previously only considered locating to the trading centers of Dubai or Abu Dhabi, are now looking at Ras Al Khaimah as a unique and viable offer.

Following in the footprints of their highly wealthy neighbouring emirates of Abu Dhabi and Dubai, Ras Al Khaimah has invested heavily in its hiking industry in recent years, seeking to capitalize on the stunning natural beauty and unrivalled characteristics of the district. Recent figures for tourism levels in Ras Al Khaimah have suggested that this investment is beginning to bear fruit, with tourism figures increasing by nearly 220% between 2005 and 2006.

Understandably, the large increases in visitors to the emirate, coupled with the high levels of investment have resulted in a large growth in demand for property in Ras Al Khaimah. As such, the emirate has seen a number of pioneering new developments such as those at La Hoya Bay, Al Marjan Island, Gateway City property in UAE and Mina Al Arab. All of these developments have proven commercially successful, with large numbers of individuals investing in these off-plan ‘master developments.’

So, why are people so keen to invest in property in Ras Al Khaimah? The primary reason for people wishing to buy property in the emirate is the low price of ownership in the emirate, especially when compared with the costs of property in neighbouring Dubai. These higher costs at present being experienced in the Dubai real property market are forcing investors to look further afield for good returns. With Ras Al Khaimah being only a 45 minute drive from the centre of Dubai, many people see the emirate as proposal the desired tranquil lifestyle as well as offering good levels of access to the commercial hub that is modern day Dubai.

The second major reason for the increase in insist for property in Ras Al Khaimah is the good possibility for high rental returns and capital gains. With the emirate offering a wide dividing of people looking to buy ownership, Ras Al Khaimah has developed a reputation for being a strong and stable rental market. These high and consistent rental returns have resulted in a large number of urban and international investors focusing their attentions on ownership in Ras Al Khaimah, and away from other emirates in the UAE.