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Ras Al Khaimah seems to be enjoying an offplan property launch boom. The emirate until now had seen a steady flow of high-profile hotel and resort launches, but in recent weeks that action is starting to take on residential projects too.

Market sources say that Ras Al Khaimah is extending the gains from the series of investment flows from the likes of Abu Dhabi’s Aldar and the just announced deal that saw RAK National Hotels acquire the 300-room Marjan Island Resort & Spa from Manazil Group.

All this is building heightened interest around the spree of new launches.

Source: Gulfnews

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Breaking News! 📰 Dubai property developers set to be cash flow positive in 2023 for fourth consecutive year

Dubai's property developers are set to record positive cash flow in 2023 for the fourth consecutive year on the back of healthy pre-sales and favourable payment terms, despite global macroeconomic headwinds, a report has shown.

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Breaking News! 📰 Dubai records AED12.9 billion in weeklong real estate transactions

According to data released by the Dubai Land Department, 3,332 real estate transactions of AED 12.9 billion were made for the week ending March 10, 2023. (DLD). Swipe left to read more . . .

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Breaking News! 📰 Dubai announces major change to real estate, now buy a home in minutes

Dubai Land Department has launched new Instant Sale feature to allow property purchase in minutes. Swipe left to read more ➡️ . .

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Breaking News! 📰 Dubai records AED11.5 billion in weeklong real estate transactions

According to information provided by Dubai’s Land Department, 3,397 real estate and property transactions of AED 11.5 billion were made for the week ending March 3, 2023. (DLD). Swipe left to read more ➡️ . . .