Ras Al Khaimah, an emirate nestled in the heart of the United Arab Emirates, is emerging as a powerhouse in the realm of real estate investment. According to industry experts, the return on investment (ROI) in this emirate is currently soaring between a remarkable 16 to 20 percent, positioning it among the most lucrative real estate markets globally.
Unveiling the Potential: A Developer’s Perspective
Rahul Kumar Gupta, the esteemed chairman of Aark Developers, sheds light on the unprecedented opportunities awaiting investors in Ras Al Khaimah. Gupta emphasizes, “Ras Al Khaimah is currently delivering ROIs ranging from 16 to 20 percent, a figure that stands out on a global scale. With the advent of the gaming resort and limited space availability, this promising trajectory is poised for further growth.”
Sora Beach Residences: Redefining Luxury Living
Aark Developers recently made waves with the announcement of their groundbreaking project, Sora Beach Residences, a monumental venture valued at Dh4 billion located in the picturesque Al Marjan Island. Abdulla Al Abdouli, the CEO of Marjan, extols, “Sora Beach Residences will elevate the allure of Al Marjan Island, presenting an unparalleled opportunity for investing in opulent waterfront living. This underscores Ras Al Khaimah’s allure as a burgeoning hub for investment and lifestyle pursuits.”
Standing tall at eighteen stories, Sora Beach Residences will stand as a testament to architectural brilliance, offering panoramic views of the azure sea from every residence. Additionally, it will boast the largest beachfront in Al Marjan Island, further enhancing its desirability.
Architectural Marvel: Crafting a Timeless Legacy
Renowned Japanese architectural firm Nikken Sekkei, renowned for their iconic landmarks across Asia and the Middle East, including the esteemed One Zabeel development in Dubai, has lent their expertise to design this illustrious property. Fadi Jabri, CEO of Nikken Sekkei FZ Dubai, enthuses, “This architectural masterpiece will feature distinctive design elements, including majestic halls, exquisite facades, and an awe-inspiring lobby atrium soaring to a remarkable height of 140 feet. It is poised to set a new standard for grandeur in the region.”
Embracing Tourism and Hospitality: A Vision for the Future
With a keen eye on promoting family tourism, a significant portion of the project has been allocated for rental purposes. Gupta affirms, “We have earmarked 20 percent of the space for Airbnb bookings, catering to the burgeoning demand for family-friendly accommodations in Ras Al Khaimah.”
Anticipating the Future: Project Timeline
The much-anticipated Sora Beach Residences project is slated for completion by the fourth quarter of 2026, promising a new era of luxury living and investment opportunities in Ras Al Khaimah.
Investors and enthusiasts alike are urged to seize the moment and explore the boundless prospects offered by Ras Al Khaimah’s flourishing real estate landscape. Contact us
