By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: RAK offers the best returns on real estate investments – News
Share
Notification Show More
Latest News
Shura Council committee reviews CEPA with India
Gulf
Saudi banking assets hit record high at SR4.94 trillion
Gulf
Prime Minister meets members of The Elders during Doha Forum
Gulf
Oman, Tunisia seek to deepen economic partnership across various sectors
Gulf
Arab Center to announce results of 2025 Arab Opinion Index
Gulf
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Business > RAK offers the best returns on real estate investments – News
Business

RAK offers the best returns on real estate investments – News

News Room
Last updated: 2024/05/05 at 6:17 PM
News Room
Share
3 Min Read
SHARE

Investing in property in the emirate of Ras Al Khaimah can provide a return on investment (ROI) of 16 to 20 percent, according to Rahul Kumar Gupta, chairman of Aark Developers. This ROI is among the highest in the world, and Gupta believes it will continue to grow with the development of a gaming resort and limited available space in the region. Aark Developers recently launched its latest project, Sora Beach Residences, a Dh4 billion project located in Al Marjan Island. Abdulla Al Abdouli, CEO of Marjan, expressed confidence that the project will enhance the appeal of Al Marjan Island and contribute to Ras Al Khaimah’s reputation as a rapidly growing investment and lifestyle destination.

Sora Beach Residences will be the first highrise property in Al Marjan Island, standing at 18 floors tall with unobstructed sea views from every residence. It will also feature the largest beachfront on the island. The architectural design of the property is being handled by Nikken Sekkei, a renowned Japanese architectural firm known for its work on iconic landmarks in Asia, the Middle East, and the recent One Zabeel development in Dubai. Fadi Jabri, CEO of Nikken Sekkei FZ Dubai, described the design elements of Sora Beach Residences, highlighting features such as magnificent halls, splendid facades, and a grand lobby atrium with a striking 140-foot high arch.

The focus of the Sora Beach Residences project is on family tourism, with a significant portion of the property designated for rentals. Gupta revealed that 20 percent of the space has been reserved for Airbnb bookings, catering to the growing trend of short-term rentals in the region. The project is scheduled for completion by the fourth quarter of 2026, offering investors an opportunity to capitalize on the strong ROI potential of real estate in Ras Al Khaimah. With its unique architectural design, prime location, and emphasis on family-friendly amenities, Sora Beach Residences is positioned to attract both investors and tenants seeking premium waterfront living in the emirate.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room May 5, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article European Union set to open first chamber of commerce in Riyadh to enhance trade relations
Next Article Janhvi Kapoor gives a sneak peek of her upcoming movie – News
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Shura Council committee reviews CEPA with India
Gulf December 7, 2025
Saudi banking assets hit record high at SR4.94 trillion
Gulf December 7, 2025
Prime Minister meets members of The Elders during Doha Forum
Gulf December 7, 2025
Oman, Tunisia seek to deepen economic partnership across various sectors
Gulf December 7, 2025

You Might also Like

Business

After a record year, gold faces a 2026 defined by three sharply different paths

December 7, 2025
Business

Use of AI and drones for sustainable agricultural sector reviewed

December 7, 2025
Business

Stranded at Mumbai airport, IndiGo passenger’s ‘Woh Lamhe’ concert unites weary travellers

December 7, 2025
Business

Electricity generation in Oman rises by 6.1%

December 7, 2025
Business

Sheikh Mohammed hosts delegation of top African business and philanthropic leaders

December 7, 2025
Business

Innovative hydrogen solutions applied in various sectors through smart technologies

December 7, 2025
Business

Airline back on track, operating 135 of 138 destinations

December 7, 2025
Business

Saudi creatives shine in Starbucks Design Competition celebrating Year of the Handicraft

December 7, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?