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Information About the Ras Al Khor Area in Dubai
Ras Al Khor Wildlife Sanctuary provides an oasis of nature amidst Dubai's busy infrastructure and traffic and is among the few urban protected areas around the globe. Ras Al Khor stands alone among this rapidly developing emirate as an area where visitors can experience true wilderness.
Ras Al Khor, known as Cape Creek in Arabic, offers naturalists the ideal place to call home. Situated adjacent to Dubai Creek and only meters away from mainland Dubai, Ras Al Khor Wildlife Sanctuary houses thousands of marine species, birds, and crustaceans; additionally, Dubai Municipality took extra measures to preserve biodiversity here as one of its rare urban protected reserves globally.
Ras Al Khor district is home to two distinct residential areas; Ras Al-Khor Industrial Area is a mixed-use zone while Residential Town features apartment buildings available only for rent; Emaar Properties recently released Dubai Creek Harbour freehold options specifically tailored to expats looking for homes to call their own.
Advantages of Living in Ras Al Khor
- UAE provides individuals and their families a sense of safety, security, and freedom - one of its primary advantages.
- Dubai is just 30 minutes away and offers residents of Al Khor and Ras Laffan an array of entertainment and shopping opportunities, without being subject to Dubai's daily traffic congestion issues. Working here allows individuals to avoid dealing with its congestion-induced daily traffic grind.
- Al Khor is home to numerous private practices offering dental and other healthcare services in its locality while being situated between the ocean and desert provides plenty of opportunity for discovering this region's vast, varied, and distinct ecology.
- Al Bayt Stadium can be found near Al Khor and boasts an expansive green space featuring exercise stations and play areas as well as tracks suitable for horseback riding, running cycling, and camel back-riding. Al Bayt is an ideal venue for family outings as it makes an enjoyable outing with friends and colleagues alike.
- Panda Park will open to the public during the second half of 2022 at Al Khor Park and join existing attractions such as its birdcage and 1,200 sqm museum, games zone, artificial lake, and family restaurant.
Why Should I Invest in Ras Al Khor?
Tax-free Investment
One of the greatest attractions of investing in the Dubai property market is tax-free investment. Unlike most cities around the globe, Dubai doesn't impose either personal income tax or capital gains tax; thus making investing easier while realizing appreciation gains without worrying about tax implications.
Stable Real Estate Market
Dubai's property market has shown steady and sustained growth over recent years, resilient against global economic fluctuations while continuing to attract investors looking for safe investments that provide both capital appreciation and rental returns. Property in Dubai provides both potential capital appreciation as well as reliable rental income streams that attract many.
Diverse Property Options
When it comes to real estate investment opportunities in Dubai, investors have an impressive variety of choices at their disposal. Choose between luxurious villas, waterfront properties, apartments with high-end finishes, or commercial space - there are even master-planned neighborhoods full of unique amenities that investors can pick and choose between - you are bound to find a property to match your lifestyle, budget, and investment goals in this emirate!
Check out our offers for the best apartments for sale in Business Bay.
Foreign Ownership Rights
Non-UAE nationals can buy freehold property in Dubai with full ownership rights. The government has designated freehold zones where non-UAE residents may own outright; due to this policy attracting investors from outside, Dubai's real estate market has seen exponential growth over time.
Golden Visa Relaxation
Recently, the UAE government relaxed its Golden Visa Program which grants long-term residency visas to individuals looking to work, live, invest, do business, or start-up businesses within its borders. Candidates meeting all the requirements can receive their golden visa with an investment of Dh2million; its duration has also been extended from 5 years to 10 years with hopes to bring more entrepreneurs and investors in for long-term economic development and long-term settlement.
The goal was also set out in its overall policy plan: attract entrepreneurs while offering better opportunities for economic development while creating more long-term residency visa programs than before - providing long-term residency visas rather than short-term settlement opportunities within its borders.
World-class infrastructure and amenities
Dubai boasts unmatched amenities and infrastructure that are simply outstanding. Residents enjoy high standards of living thanks to state-of-the-art transportation systems, top educational institutes, healthcare facilities, and leisure attractions - not forgetting its unmatched real estate investment opportunities and world-renowned real estate market! When investing in real estate in Dubai you are part of an advanced city constantly striving to set new urban living standards; investing here also puts you on an international community map where all are drawn in by its attractive allure!
Average prices of apartments in Ras Al Khor, Dubai
Real estate in Ras Al Khor of Dubai has seen no changes over recent months; especially for secondhand houses; with average costs remaining steady over this time frame at AED 4,853,270.17 on average for each month since June 2013.
Apartments for Sale in Dubai, Ras Al Khor (Imtilak Global’s Best Offers)
Sobha One Project
Sobha One Project in Ras Al Khar is located near some of Dubai's key central areas and has experienced rapid expansion recently. This investment opportunity presents itself in this rapidly developing neighborhood; making this property ideal for luxury housing as an investment and housing solution in this highly desirable locale.
Book a free consultation with the Imtilak Global team
Do not miss this golden opportunity at Jumeirah Village Circle; Imtilak Global can assist in exploring its full potential and taking your real estate journey forward smoothly and successfully. Book a consultation now, discover its many advantages, and start investing! It all awaits you here in Jumeirah Village - let Imtilak help bring them alive for you!
Edited by Imtilak Global ©
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Edited by: Imtilak Real Estate©
Update date: 2024-01-08
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