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Currently Ras Al Khaimah (RAK) is a real estate investment destination with higher potential returns on investment in the UAE. Report says, RAK ROI went up from 16% to 20% and investors globally considered the city as a lucrative property investment hub.
High ROI Potential Fuels Investor Interest
Veteran developer Rahul Kumar Gupta, chairman of Aark Developers, highlights the attractive ROI potential in RAK. He attributes this to the emirate’s ongoing development, including the upcoming gaming resort (Wynn Resort At Al Marjan Island , Ras Al Khaimah) and limited land availability. Gupta believes these factors will further propel property values.
Sora Beach Residences: A Prime Investment Opportunity
It’s a Dh4 billion ultra-luxury waterfront development by Aark Developers. At Al Marjan Island Sora Beach Residence would be a perfect investment opportunity. Investors generally search for such property types which hold unique projects with offbeat USPs and from that standpoint, it is expected that the project will bring higher benefits, Abdullah Al Abdouli , CEO of Marjan emphasizes on it.
Unparalleled Luxury Living
Sora Beach Residences boasts several unique features which set it apart:
- First High-Rise Development: The 18-story building will be the first of its kind on Al Marjan Island, providing unobstructed sea views from every residence.
- Largest Beachfront: Residents will enjoy exclusive access to Al Marjan Island’s most extensive beachfront.
- World class Architecture: Designed by Nikken Sekkei – the famous Japanese architect has scattered his skill inside this development. This stunning Sora Beach Residence has been planned with a grand lobby atrium with a 140- foot arch, which is impressive.
Focus on Family Tourism and Rentals
A significant portion of Sora Beach Residences is dedicated to rentals, catering to family tourism. This ensures a steady income stream for investors, with 20% of the space specifically allocated for Airbnb bookings, according to Gupta.
Project Completion Timeline
Construction of Sora Beach Residences is expected to be completed by the fourth quarter of 2026.
