Property in Ras Al Khaimah with residence permit
Properties in Ras Al Khaimah, UAE, offer a comfortable living environment surrounded by unique natural beauty, making it both a profitable investment and an opportunity to obtain a residence permit. Located in the northern part of the country, the Emirate is a popular destination for recreation and relaxation. Its advantages include a mild climate, peaceful atmosphere and affordable property prices. The area boasts numerous beaches, resorts with thermal springs, hotels and spas. Tourists can enjoy water sports, mountain hiking and excursions to historical sites. The region also provides essential infrastructure, including schools, clinics, shopping centres and sports facilities, making it an ideal place for families.
Property for sale in Ras Al Khaimah are known for their high quality, with architectural designs and interiors meeting modern standards. Many flats and villas in the UAE are sold fully finished and furnished, making the moving-in process more convenient and quicker. Additional amenities, such as swimming pools, gyms, recreational areas and children’s playgrounds, further enhance the appeal of the housing.
Properties in the Emirates offer a range of options, from compact apartments to luxury villas and upmarket beach complexes. Foreigners can buy property in Ras Al Khaimah and get a residence permit in locations within walking distance of beaches, resort areas, golf courses and other amenities.
The following areas are particularly popular with foreign buyers:
- Al Hamra Village: A prestigious complex near the coast, known for its yacht clubs, golf courses, shopping centres and restaurants;
- Mina Al Arab: A coastal complex surrounded by green spaces and lagoons, offering beaches, marinas and promenade areas;
- Al Marjan Island: An artificial archipelago consisting of several islands, providing exclusive properties and numerous entertainment options.
Residence permit in UAE by buying property in Ras Al Khaimah
Foreigners can obtain a residence permit in UAE through property investment in the emirate. To qualify, they must purchase one or more properties worth AED 2 million (USD 544,500) or more. This can include any type of residential or commercial property.
The residence permit is valid for five years and can be extended upon request. It’s necessary to retain ownership of the property; it cannot be sold but renting it out is allowed.
Foreign nationals who have no criminal record or serious health issues can apply for a residence permit. They will need to provide proof of financial solvency and a legal source of income.
This long-term, investment-based visa grants the holders and their families all the necessary rights for a comfortable life in the UAE. It allows them to live in the country, work, run a business and access healthcare and educational institutions. Additionally, residence permit holders can open bank accounts of any type and obtain a driving licence.
Investment real estate in Ras Al Khaimah
Properties in Ras Al Khaimah for investment provide ample opportunities for high returns. Compared to Dubai and other prominent emirates, property prices in the neighbourhood are significantly lower. This allows investors to enter the market with less capital and still expect high profitability.
One of the key factors that make investments in Ras Al Khaimah promising is the region’s high tourist potential. Every year, many travellers are drawn to the area by its picturesque beaches, historical sights and vibrant cultural life. This creates a steady demand for rentals, particularly along the coast. Renting out homes generates an average annual income of 4.7%; with popular communities such as Al Hamra Village offering returns of up to 6.4%.
The Emirate is actively working to improve its infrastructure, including the construction of new roads, enhanced transport links and the development of public areas. As a result of these efforts, the demand for housing in the region is consistently growing.
With the continuous development of the emirate and its appeal to both tourists and expats, experts predict that property prices for apartments and villas will continue to rise in the coming years. Investing in this region offers the potential for stable rental income and substantial profits when selling property in the future.
The cost of villas and apartments in the UAE varies depending on their location. Property prices in Ras Al Khaimah are higher in central and popular tourist areas due to the developed infrastructure and proximity to key amenities such as shopping centres, restaurants and beaches. More affordable housing options are available in remote or developing areas, where the infrastructure is still in progress. These locations attract investors seeking properties with high potential for future price appreciation.
Yes, a foreigner can buy real estate for sale in Ras Al Khaimah with full ownership in one of the designated areas, known as a freehold area.
To apply for a residence permit, you need to:
- Purchase a property in the freehold zone worth at least AED 2 million (USD 544,500);
- Apply to the Migration Department and submit the required documents;
- Pay the required fees and pass the security check.
The minimum price of a property in Ras Al Khaimah to obtain a UAE residence permit is AED 2 million (USD 544,500).
The greatest return on investment can be expected from properties in the areas of Al Hamra Village, Mina Al Arab and Al Marjan Island.