Ras Al Khaimah (RAK)
RAK is an up and coming emirate located in the northern part of the United Arab Emirates (UAE), sharing its borders with Umm Al Quwain, Fujairah, Sharjah and Oman.
RAK has a Free Trade Zone (RAKFTZ), which makes it all the more attractive for foreign investors. The emirate is strategically located, giving it access to the main shipping lane, passing through the Strait of Hormuz and to all the northern markets such as Iran, Pakistan, India, the Commonwealth of Independent States (CIS) countries and the fast emerging China.
Other benefits such as simple and fast application procedures for the RAKFTZ and lower operational costs compared to other regions is definitely an eye catching element, and an investment not to be missed.
Luxurious real estate available in RAK is situated in Al Hamra Village and Marjan Island, with other residential units such as The Cove, Julfar Towers and Mina Al Arab.