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While Dubai remains a popular tourist destination, there’s an emerging treasure on the horizon tailored to capture attention – real estate investment in Ras Al Khaimah (RAK). situated at the convergence of Asia, Europe, and Africa, this city, aptly named “the headland of the tent,” is strategically positioned. It’s time to shift your investment focus and find the potential that this natural paradise holds.
Situated at the tip of the UAE, RAK promotes excellent accessibility, being only 45 minutes away from Dubai international airport. It is strategically positioned, with easy access to multiple seaports, marinas, and major highways like E611 (emirates road) and the E311 (Mohammed bin Zayed road). The upcoming Etihad railway will further enhance connectivity.
The future outlook for RAK appears optimistic, thanks to compelling elements such as competitive hotel pricing, shifting demographics, and a projected population surge of over 11% within the next five years. the city is positioning itself to emerge as a pivotal player in the tourism sector.
In terms of size and population, RAK is 41% of Dubai’s size with only 10% of its population. this means more undeveloped land, natural resorts, and profit potential. RAK’s real estate projects, such as al Marjan island, offer a competitive edge for investors compared to Dubai’s saturated market.
LOCATION:
Al Marjan Island is a unique investment opportunity for those interested in real estate construction in the most high-potential tourist area of the UAE, the Ras Al Khaimah Emirate. This tax-free fully serviced beachfront development with land plots available for 100% foreign ownership will allow you to get up to 12% annual ROI. Be sure to grab the chance of capitalizing on the Ras Al Khaimah’s strategy of reaching 2.4-2.9m visitors by 2025 and get extra profit by purchasing land plots and off-plan real estate here!
IMEX Real Estate is happy to announce the expansion of our projects’ geography and present you with an exceptional opportunity for investments in construction and operating of residential and hospitality real estate in Ras Al Khaimah, the northernmost emirate of the UAE, especially with such new branded projects like Aston Martin’s The Astera. Contact us via WhatsApp +971(50)5006869, and our online brokers will quickly find you exactly what you need.
Ras Al Khaimah is a globally connected and authentic destination combining gorgeous beaches, mountains and desert scenery all in one place; whether one wants to relax, actively explore or discover a unique local heritage, including the remains of 18 historic forts, castles, and towers in its scenic environment. The emirate combines the advantages of a beachfront resort with a pristine golden-sand beaches and coastline stretching for 43 kilometers and a potential for hiking, rockclimbing, off-roading trails. It’s up to 20 degree temperature differential with coast turns it to a lucrative oasis in a desert.
Great connectivity is guaranteed through a wide road network making it possible to get to Ras Al Khaimah airport or the emirate’s city center in just 30 minutes. It’s also just 50 minutes away from Dubai Airport and only 1 hour from fabulous Downtown Dubai. Within a short 10-minute car ride from the complex, you'll find a variety of popular entertainment venues. These include the Al Jazeerah Al Hamra Cultural Sports Club, Al Hamra Golf Club and Al Hamra Mall.
ABOUT THE PROJECT:
Enjoy exclusive interiors by the famous British brand and views of Wynn Al Marjan Island at the luxury The Astera. This joint project between DarGlobal and Aarvees Group, is done in partnership with the legendary British carmaker Aston Martin. Located on Al Marjan Island in Ras Al Khaimah, this 19-storey complex features 260 premium residences of 1-3 bedroom apartments and 3-bedroom townhouses in areas ranging from 667 sq. ft to 2,863 sq. ft.
With windows overlooking the luxurious Wynn Al Marjan Island resort, all apartments and townhouses are equipped with top-of-the-line kitchen appliances and reserved parking.
ABOUT THE DEVELOPER:
DarGlobal is an international developer of luxury and name-brand real estate. The company was founded in 2017. DarGlobal's portfolio includes properties in London, Beijing, Dubai, Muscat, Maldives, Marbella and other popular destinations around the world. The developer chooses the most prestigious locations for the launch of its projects and collaborates with iconic global brands such as Missoni, W Hotels Worldwide, Versace Home, Elie Saab, Pagani, Lamborghini and others.
The launch of this much-awaited residential property furthers our brand vision to curate breathtaking living experience for our exclusive clientele. Combining this iconic British marque’s heritage, innovation and design mastery with Dar Global’s expertise in providing exceptional investment opportunities through luxury homes for global citizens demonstrates yet another illustrious chapter in our trajectory to success.
The Astera brings together two ultra-luxury lifestyle organisations with a shared passion for combining traditional craftsmanship with innovation and cutting-edge design. It is,actually, Aston Martin’s very first real estate collaboration in the Middle East, which further elevate Aston Martin’s brand and apply it to a beachfront lifestyle environment.
AMENITIES AT THE ASTERA
Residents of The Astera have access to the project's premium infrastructure - a private beach, an outdoor cinema, a multifunctional hall, a yoga area, an infinity pool with a bar, a spa, a fitness center and a children's playground.
Beach
Outdoor cinema
Multifunctional hall
Yoga area
Infinity pool
Spa
Fitness Centre
Children playground
The complex will be surrounded by various resorts - Al Mahra Resort, Pullman Resort Al Marjan Island, DoubleTree by Hilton Resort & Spa Marjan Island and others. Also, a short drive away is the island of Winn Al Marjan, where the country's first casino will open in 2027.
As of the second quarter of 2024, the average cost of a one-bedroom apartment in the The Astera is 1.8 million dirhams (US$490,000).
4.5-YEAR INSTALLMENT PLAN
The purchase terms include a favorable 4.5-year installment plan with a convenient payment schedule. Attractive 80/20 Payment Plan from Dar Global Properties:
20% Down Payment
10% 180 days from the booking date
10% 360 days from the booking date
10% Reaching 12th floor
10% Completion of structure
10% Completion of exterior cladding
20% On Handover in Q1 2028
IMEX Real Estate stays your reliable guide in the sphere of the USE’s real estate. Our contacts:
Tel.: +971(50)5006869 (Whatsapp, Viber, Telegram)
IMEX REAL ESTATE BROKER LLC
Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE
Email: pm@IMEXre.com
