by Nbsrealestate
Ras Al Khaimah is capitalizing on the current real estate boom, particularly in upscale hotels and serviced apartments, by introducing the new “Raha Island” destination. This project is situated in Mina Al Arab and is spearheaded by the master developer, RAK Properties.
Raha Island will feature an array of amenities including extensive retail spaces, marinas, beach clubs, and numerous recreational opportunities (Offplan Projects) (RAK Properties). RAK Properties’ CEO, Sameh Al Muhtadi, emphasized the project’s goal to not only meet but exceed the high demand for luxury, meticulously designed developments (Property Finder).
The project joins a series of luxury-focused launches in the region, such as Aldar’s Nikki Beach and Emaar’s Address brand. Significant hotel projects, including the Wynn resort on Al Marjan Island, are also in progress, reflecting the area’s rising investment appeal (RAK Properties).
Raha Island will boast over 2.5 kilometers of accessible public beaches, offering residents and visitors ample opportunities for water sports and leisure activities. The new marinas on the island are designed to be ideal for a range of aquatic adventures or a relaxing day out on the water (Offplan Projects) (Property Finder).
For further reading on related developments and to see more about the current real estate trends in Ras Al Khaimah, you can check the following sources:
