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TheMoveChannel.com's Property Investment Hotspot – Ras Al-Khaymah

(EMAILWIRE.COM, November 21, 2008 ) Ras Al Khaymah, UAE - TheMoveChannel.com, the leading international property portal, announces a number of new properties in Ras Al-Khaymah:

· Al Marjan Island (£30,000, 1 bed, 20% ROI within 6 months, 12 storey elliptical twin towers linked by a sky bridge)
· Bab Al Badr (£158,000 to £400,000, studio to 3 bed apartments, pool health club)

Properties in UAE are unlikely to be an investment opportunity UK investors have considered in the past, so TheMoveChannel.com provides an overview of Ras Al-Khaymah.

Lesser known UAE Emirate Ras Al-Khaymah (RAK) has broken out of the shadow of neighbouring Dubai to make its mark as an investment property hotspotÂ…

Property in RAK

Properties in Ras Al-Khaymah features a choice of spacious studios, multi-sized one, two and three bedroom suites with direct sea-facing views. A 5* hotel and exclusive residential development, Royal Gulf boasts the most enviable position on Ras Al- Khaymah's Al Marjan Island, in a location reserved solely for 5* hotels.

Available with a 15 year payment plan, all properties are secured by Escrow and are fully protected by the UAE Government. A 39 square metre apartment costs £108,642.

Lying in the northern part of the UAE bordering Oman, RAK boasts beautiful natural surroundings, including the longest stretch of coastline in the Emirates. It has a luxury residential property market and the Government has made a solid commitment to its growing tourism market.

With a renewed drive for development over the last few years, RAK has put the focus squarely on becoming a serious investment destination.

Attracting full-time residents who want to work in the city and live by a beach, RAK also appeals to tourists and holiday makers seeking the lap of luxury experience the UAE is renowned for.

Ruled by H.H. Sheikh Saqr Bin Mohammad Al Oasimi since 1948, RAK is endowed with enormous resources, and with vast reserves of raw materials. RAK's geographic location, at the approach to the Arabian Gulf and the Gulf region of the Middle East, places it at the crossroads of international maritime traffic.


The emirate has plenty to offer investors as investment remain less than those in neighbouring emirates of the UAE, it has plenty of space, a clean environment, liberal atmosphere, straightforward regulations, flexible free zone policy and strong legal environment.

Adventurous Tourists will love the Al Sawan Camel racing track, Tower Links golf course, Emirates Sports and Diving centre on the coast and the huge Manar shopping mall.

Those seeking relaxation should head for the natural sulphuric Khatts springs and the Bani Fasan and Al-Khushaym sand dunes, which are RAKÂ’s best natural assets.

RAK is also busy promoting a cleaner, greener emirate - The Emirates Environmental Group (EEG) has launched a campaign drive dubbed, 'Clean up UAE 2008.Â’

The scheme, which will be held on December 18th this year and hopes to attract 20,000 volunteers, involves cleaning certain areas as a 'symbolic gesture of concern for the environment', in deserts, mountain ranges, parks, protected areas and beaches.
Last year's campaign collected 115 tonnes of waste.

For more information on UAE property in general please visit http://uae.themovechannel.com/

-ENDS-

Notes to editors:

TheMoveChannel.com is a property website that was founded in 1999 as an online resource for buying, selling and learning about property. It now receives as many as 300,000 visits per month and advertises over 50,000 properties in nearly 90 countries, which are listed by over 500 partner organisations.

For further information as well as images and interview possibilities, please contact:

Dan Johnson
Managing Director
www.themovechannel.com
0207 952 7650




TheMoveChannel.com
Jon Moore
020 7952 7658
j.moore@themovechannel.com


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