Villas and houses for sale in Ras Al Khaimah

Villa in Ras Al Khaimah for a residency permit

Ras Al Khaimah has become one of the UAE’s most popular resort destinations and in recent years, has also gained significant appeal among foreign investors. The villas and homes here offer a blend of luxury, comfort and modern technology.

Transactions for property in the UAE are especially attractive due to the ease of obtaining residency status for legal residence. Foreigners are permitted to purchase property with full ownership rights. To qualify for a five-year residency visa, a home valued at a minimum of AED 2 million (approximately USD 545,000) must be purchased. The visa is granted to the investor and their family members, with the option to extend it.

While the average cost of homes in the emirate is AED 25.7 million (USD 7 million), properties can be found for much less, with the lowest prices for cottages starting at AED 600,500 (USD 163,500). The average size of homes available on the market ranges from 150 to 900 square metres.

Residence permit in UAE by buying a house in Ras Al Khaimah

The UAE’s residency programme for property investors allows for the purchase of villas and apartments in the UAE, whether it’s a single property or multiple units.

To participate in the programme for a residence permit in the UAE through property investment, the following conditions must be met:

1. Purchase villas for sale in Ras Al Khaimah in one of the freehold zones. Previously, these areas were only available in Dubai, but they are now present in other emirates, including Ras Al Khaimah. The most popular locations are Al Hamra Village, Mina Al Arab and Al Marjan Island;
2. Invest an amount above the minimum threshold of AED 2 million (approximately USD 545,000);
3. Meet legal requirements. The investor must be at least 18 years old, have a legal source of income and have no criminal record;
4. Provide a medical certificate. The investor must not have any serious health conditions, verified through a medical examination.

The residency permit is renewable for the same duration, provided that the property remains in the investor's ownership.

Investment house in Ras Al Khaimah

Investing in a villa for sale in Ras Al Khaimah is becoming increasingly attractive due to the steady growth of the real estate market and the rising demand for rental properties. The location offers a wide variety of villas and houses to suit different tastes and budgets. Investors can expect significant capital appreciation and consistent rental income, making Ras Al Khaimah an ideal choice for both passive income and long-term investments.

The appeal of this area is also driven by its rapid development. Many entrepreneurs are drawn to the city due to the RAKEZ economic zone, which is home to over 21,000 companies across over 50 sectors.

The continuous rise in property values is another positive indicator for investors. In 2023, prices per square metre increased by 115% to 443% across different areas. Analysts predict a further 50% rise, making this an opportune time for potential investors, particularly those interested in reselling.

Purchasing a home for rental purposes can also provide substantial returns, as Ras Al Khaimah is becoming an increasingly popular destination for tourists, offering a more affordable alternative to Dubai. Therefore, investing in local real estate is not only a pathway to residency but also a potentially lucrative way to preserve and grow capital.