Affordable beach homes in Ras al Khaimah; live the high life without pinching your pocket!
Ras Al Khaimah is one of the most preferred destinations for those looking to buy a Beach villa or a Seafront apartment at one of the most affordable rates per square feet in the world! The prices for a RAK Studio apartment with Sea view starts from AED 180,000!!
Most of the beachfront homes in RAK are Freehold, so yes, the properties in RAK are freehold properties and open to foreign nationalities! In fact buyers from the UK, Russia, India, Germany and Jordan have been buying properties in Ras Al Khaimah since the past many years!
Possibly the cheapest prices for properties with Sea view can be found in Royal Breeze apartments or the Pacific.
Al Hamra Village
One of the most unique communities in UAE, the Al Hamra village in RAK is one of the only communities in the whole of the UAE which is Freehold, Beachfront and offers a Golf course! The Al Hamra village consists of the Royal Breeze apartments(sandwiched between a Golf course and the Ocean), Marina apartments(mid rise buildings with Lagoon and Sea views), Golf apartments(Low rise apartments which are on the edge of the Golf course near the Al Hamra mall).
There are also townhouses and villas in the Al Hamra Village offering Golf, Park and Sea views.
These properties are also available with 5 year long payment plans and come with long term UAE visa for upto 12 years! This is a special package for those International investors who are looking to open low cost business setup in the UAE as they also get a Business license with the property purchase!
Cheapest Seafront property starting from AED 450 per square feet!
Ras Al Khaimah features most affordable beachfront properties in a plethora of choices as units. They offer a wealth of housing and business options. This includes self-contained studio, flats ranging from 1-4 bedroom flats, eco-friendly environment, and all the flats present a contemporary touch of Arabian ancient architecture. The flats present luxurious bedrooms built with high-end fixtures, security and sound systems adding more life to residents.
With the easy atmosphere in emirate, the apartments make an ideal home for families. The advantage is they are affordable in comparison to other UAE emirates.
Up to 10 years payment plan direct from Property developer
RAK Properties have come up with an amazing payment plan for their townhouse and villa communities which are ready. These properties are in a beachfront, freehold community known as Mina Al Arab. A private beach is just one minute away from these villas. You only need to pay 5% and can move in and you don’t pay Annual service fees for 10 long years!
The standard size of a 3 bedroom townhouse is around 3,250 sqft or roughly 302 sqm. It comes with a maid’s room, study room, external storage room and a separate courtyard.
For an investor, this is one of the best opportunities to earn rental returns of 34% on an annual basis. How? Allow me to explain. Because of the long payment plan, except for the 1st year, you are mostly paying not more than 10% of the purchase price per year! For example, the property price is roughly AED 2,460,000. From the 2nd year you pay around AED 246,000 per year. The average annual rent is AED 85,000 for this kind of a property. Since there are no maintenance charges for 10 years, you keep what you earn!
This is effective until the payment plan is in place, after which you can decide to sell the property and might even earn a capital appreciation on it because it is a long term that we are talking about!
Most of these properties are already rented out, so you as an investor can start earning a high yield right away!
Pacific on Marjan Island
The Pacific is a beachfront development that is award-winning on AI Marjan Island. It offers ocean views as the best affordable beach homes. This is an investment to enjoy an exceptional lifestyle. The Pacific features modern finishing’s in spacious apartments, including tennis courts, rooftop swimming pools, a private beach, and sea-view gymnasium. It is an unrivaled luxury development presenting its exclusivity. Properties are available with a post handover payment plan, where in you can pay around 75% of the price in 3 years.
Whether it’s a Golf facing townhouse or a beachfront villa, there is good interest from buyers even from the local market, especially from Dubai, Al Ain and Abu Dhabi who are looking for their dream Holiday homes, now made affordable with the long payment plans!
For those seasonal International buyers, what more do you want to get your own piece of beachfront property in a country with yearlong sunshine!