Unique in its natural beauty, the emerging Emirate of Ras Al Khaimah (RAK) is quickly becoming one of the world’s fastest growing tourist destinations.
New Hotels are Coming to Ras Al Khaimah
More than 4,000 rooms scheduled to enter the market between now and 2023.
Mövenpick Resort
Mövenpick Resort Al Marjan Island receives funding from RAKBANK. They will hav 418 keys, including 28 beachfront chalets with private pools and garden
Anantara Mina Al Arab
Anantara Mina Al Arab, a new 300-room ecosanctuary opening by late 2021
Hampton by Hilton
Hampton by Hilton Hotel at the Al Marjan Island, the 515-key beach resort is nearing completion
Radisson Resort
Radisson Resort Ras Al Khaimah, Marjan Island with 384 rooms.
The Adventure Capital of the UAE
- Ras Al Khaimah crowned 2021 Gulf Tourism Capital by GCC members
- The Emirate recently launched a Bear Grylls Explorers Camp in the Jebel Jais mountains
- The UAE’s highest restaurant launched in Ras Al Khaimah, located on the peak of Jais Adventure, 1,484 metres above sea level
- The world’s longest zipline (stretching for 2.8 kilometres) on Jebel Jais has become one of the United Arab Emirates’ major adventure activities
Rossiya Airlines commences direct flights between Ras Al Khaimah and nine cities in Russia, including Moscow and St. Petersburg
The List of Airlines Flying to Ras Al Khaimah Keeps on Growing!
Ras Al Khaimah aims to attract 2.9 million visitors per year by 2025 and tourism is one of its central elements in its economic diversification strategy.
“Russia is one of the UAE’s top source countries for tourism, where business between the two countries is also important for bilateral growth and development. The new direct connections between Ras Al Khaimah and nine industrial and cultural conurbations in Russia will help meet current tourist and business requirements in both the countries, as well as fuel up the new demand for capacity building,”Salem Bin Sultan Al-Qasimi.
Source: Gulf Business
Bahrain’s Gulf Air mulling flights to UAE’s Ras Al Khaimah Airport
Scat Airlines set for direct flight to eight cities in Kazakhstan
SpiceJet adds five destinations to India from UAE’s Ras Al Khaimah Airport
Al Marjan Island’s New Leisure Hotspots
The Pacific Promenade is Becoming a Leisure Hotspot on Al Marjan Island
Check out the recently opened retail outlets.
NOW OPEN
Super Breeze Bar and Grill
Mr Flat White Coffee Shop
Amwaj Shisha Café and Restaurant
LaundretteComing Soon
Afternoon Tea Shop, Large Hypermarket, Ladies' Beauty SaloonInvestment Summary
85% Rental Occupancy AchievedThrough the Pacific Al Marjan Island Management Office 85% of apartments have now been rented
Recent Rental Trends
- Due to recent restrictions around international travel, there has been a huge increase in the demand for ‘staycations’ close to Dubai, with studios and two-bedroom apartments being the most popular.
*Owners need a licence from the Economic Department to operate a shortterm rental - From a long-term rental perspective one-bedroom apartments have been most in demand.
Rental Predictions
- With new hotels, commercial areas and airlines flying direct to RAK, we expect to see a slow but steady increase over the next year or two.
- It is positive to see schools in RAK are now open welcoming new teachers and staff members looking to rent, we are already seeing a spike in rental enquiries.
- Pacific’s new retail outlets increase the footfall on the island and add even more rental appeal, on top of being able to offer the best facilities in Ras Al Khaimah.
