Unique for sale in United Arab Emirates

Frontline BEACHFRONT PLOT FOR SALE / Dana Island / Ras Al Khaimah Price: AED54,333,440 An attractive investment opportunity Ras Al-Khaimah has taken a very practical approach to property investment. Ras Al-Khaimah residential property is in demand from residents and tourists and therefore offers the best of both worlds to investors. The emirate is also implementing several favourable procedures for investrs such as the opportunity to purchase freehold title ownership and the availability of mortgages for new real estate developments. Unlike its neighbour Dubai, Ras Al-Khaimah offers greater availability of land and lower property prices. Properties are of great value and promise high potential for strong capital gains and rental returns. Comparisons are being made to Dubai 6 years ago, and the property returns experienced on Palm Jumeriah, Dubai. Dana Island Conceptualised and developed by Rakeen, the real estate development arm of the Ras Al Khaimah government, Dana island is a mixed-used development with a design consisting of a main stem in three parts and ten leaf-shaped islands. The project will extend 7 kilometers into the sea, will create around 53 kilometers of new shoreline and will accommodate several world-class hotels, commercial and residential complexes. It is set to become one of the regions preferred holiday and business destinations. 'The Dana Island project is poised to become one of the UAE's most sought-after multi-purpose developments, and the launch presents an opportunity for regional and international investors to capitalise on the project's unique design, concept and location. More importantly Rakeen has adopted the most sophisticated construction technologies to ensure that the Dana Island project will preserve the marine environment.' Wahid Attalla, Member of the Board, Rakeen