Villas for sale in Ras Al Khaimah

Ras Al Khaimah is one of the seven emirates that make up the United Arab Emirates (UAE). The word Ras Al Khaimah translates to ‘top of the tent’. Being the most northerly emirate, it certainly lives up to its name. Surrounded by the Hajar Mountains, RAK is most famous for its natural surrounding – you won't find any skyscrapers or other man-made marvels here. Many tourists associate UAE with Dubai or Abu Dhabi, but few have ever heard of RAK. However, the city has its own unique set of laws and customs. It is not a place where one would find glitzy high-rise buildings or lavish 7-star hotels but one that offers a simple lifestyle without comprising one's standard of living. One of the advantages of buying villas in RAK is the comparatively low prices. It can be an ideal opportunity for first-time investors who are looking for an investment that requires less capital to purchase and it seems that property in RAK fits the bill just right. Accordingly, this is one of the reasons why properties in RAK have become popular amongst first-time as well as veteran investors.

Types of Villas in Ras Al Khaimah

Villas here will come with 2 bedrooms but you can find bigger layouts that will have 3, 4 or 5 bedrooms. Accordingly, a typical 2-bed villa will come with 3 baths and 3,250 sq. ft. of floor space. Those looking to purchase a slightly larger villa will find that a 3-bed house in RAK is suitable for their living needs. The typical 3-bed unit comes with 4 baths and around 2,300 sq. ft. of floor space. The average 4-bed villa in RAK will typically come equipped with 4 baths and 4 bedrooms with a total floor space of 4,046 sq. ft. For those looking to find the biggest house, they can consider buying a villa with 5-bedrooms, which typically comes with 14,000 sq. ft. of floor space.

Popular Areas of Ras Al Khaimah

The popularity of areas within RAK depends on the level of development that has occurred there. Apart from that, areas located on the western side of RAK are more popular as they are closer to Dubai and Sharjah. Residents working in Dubai find it convenient to commute between these two emirates. Out of all the residential communities in RAK, Al Hamra Village takes the top spot. Exclusively developed by Al Hamra Group, this community offers waterfront living to its residents. Al Hamra also has some of the best hotels in RAK and is popular for enjoying the nightlife. Next in line is the community of Al Marjan Island, a man-made island. Finally, taking the third spot on this list is the community of Mina Al Arab which is directly linked with E11, a key highway in the emirates.

Lifestyle in Ras Al Khaimah

Somewhat influenced by the growth of Dubai and Abu Dhabi, the Emirate of RAK has seen a surge of development in recent years. Along with other emirates, RAK also has begun offering freehold properties, enabling foreign ownership. There is little reason to doubt that RAK is considerably less developed when compared to Dubai or Abu Dhabi. However, slowly but surely, the city is on a steady path towards growth and continuous urban development. Residents will find that the lifestyle here is slow-paced but that doesn't mean there's nothing exciting to do and see. Aside from enjoying cleaner, greener and obviously less crowded beaches, residents will never get tired of the natural surroundings as the emirate is surrounded by mountains and the air is noticeably cleaner. Those who live and work in RAK will find that there is a great balance of work/life balance. When comparing the culture with other emirates, one will find that locals here prefer tradition over modern practices. Thus, residents are more likely to experience traditional Emirati customs being practised. This is not to say that RAK is an emirate that is lacking modern amenities - there are several malls and places of interest in this emirate. In regards to nightlife, one will find a few bars and clubs here. For instance, PULSO nightclub offers younger residents a chance to enjoy the weekends with friends and colleagues. This city has its fair share of schools such as The Wellspring School as well as Al Nasr Private School. For those looking to pursue their higher education without leaving town, there are some highly-reputed universities for business studies, such as American University of Ras Al Khaimah. Those aiming to pursue a career in the medical field can attend the RAK Medical & Health Sciences University.

Sale Price Trends for Villas in Ras Al Khaimah

The most popular 2-bed villa in Ras Al Khaimah can be purchased for approximately AED 1M. Next, the most in-demand 3-bed villas will typically sell for AED 1.4M. Moving on, the most preferred 4-bed villa will sell for AED 2M, while the most favoured 5-bed villa in RAK will demand a price of AED 3.2M. For those who are seriously interested in purchasing their own home but lack the funding to pay the lump-sum amount, there is the option to acquire a home loan. If the applicant meets the criteria, they could be approved for a home loan. The best part about owning your own residence is that homeowners never lose money as compared to when they rent. In fact, one is likely to gain equity on their own home rather than lose money as property prices in RAK are naturally rising due to the fast-paced development taking place.