Why should you invest in Al Marjan Island?
The UAE is a land of ever-development that will never tire of delivering path-breaking advancements through the plethora of high-end places for you to invest in. One such area that has emerged as a bona fide investment-worthy place in the past few years owing to the numerous benefits it provides is undoubtedly Al Marjan Island.
This man-made archipelago has been creating quite the waves in the real estate market of the nation and has been deemed by industry experts as the next big hotspot for investments. But what exactly makes it so lucrative? Why investing here will bode you well in the future? Why should you look into the properties in this area for a wise investment? We search for the answers to these questions and more in this space as we explain why you should consider this area for your investment.
7 Reasons to Invest in Al Marjan Island
From its strategic location to its booming tourism industry, Al Marjan Island holds immense potential and endless possibilities that make it a highly sought-after area for investments. The primary reasons for investing here are as follows.
Strategic Positioning
Al Marjan Island benefits hugely through its geographical location which pays high dividends for strengthening its strategic positioning. The fact that it offers easy accessibility to Dubai and other emirates the UAE elevates its appeal.
Henceforth, the apt location of the area facilitates the growth and flourishing of a bunch of industries including manufacturing, services, and logistics, thanks to how easy it is to export and import goods from here.
Go Green Initiatives
The Government of Ras Al Khaimah has focused heavily on several green initiatives to include conservation and sustainability at the forefront of the development of Al Marjan Island. Despite featuring top-notch industrial developments, the archipelago has not shied away from prioritizing eco-friendly practices.
The low carbon footprint along with the energy-efficient technologies, waste management, and water conservation practices that are followed in Al Marjan Island speaks for conscious and responsible efforts. With each passing year, the demand for green living will only increase. This would make this area high in demand for local as well as foreign investors.
360-Degree Waterfront Living
Being surrounded by azure water, the waterfront residences of Al Marjan Island offer an uninterrupted view of the sea and access to splendid white sands. The area boasts some high-end residential properties such as Aqua Arc which offers 360-degree waterfront views that are too good of a deal to pass on.
It truly is a testament to coastal living in one of the most chic nations of the world. With a variety of residential living units – ranging from luxurious apartments to exotic villas, from magnificent penthouses to opulent townhouses, you get the best of waterfront living on the islands.
High Capital Appreciation
Since this is a rapidly developing area, the creation of landmark projects has contributed to heightening the capital appreciation of properties. Both residential and commercial properties offer high capital gains as well as rental yields, making it the perfect place for investors to invest their capital.
Additionally, the Gross Domestic Product (GDP) of Ras Al Khaimah has witnessed high performance in recent years, which speaks volumes of the potential that this place offers for investors.
Favorable Business Environment
The Government of Ras Al Khaimah has left no stone unturned in enhancing the business environment of Al Marjan Island. In an effort to foster healthier relationships with foreign nations and attract foreign investors, a bunch of positive initiatives have been implemented.
Putting together tax-free zones, relaxing the regulations for foreign ownership, and streamlining the processes of business registration have improved the business climate of the region, thereby attracting entrepreneurs and businesses to invest in the region.
Dominant Tourism Industry
It shouldn’t come as a surprise that Al Marjan Island is one of the most breathtaking locations in the country. Al Marjan Island is a mesmerizing archipelago made of four man-made islands – Breeze, Treasure, Dream, and View – each with its own distinct beauty. Needless to say, this is one of the most-visited places in the UAE.
The hospitality sector of the area is some of the best not only in the Middle East but the entire world as the biggest who’s who of the hotel industry have left their imprints on the island through their branded hotels and resorts. This brings us to our next point.
Lively Event Hub
The presence of top-rated hotels and resorts in the archipelago has resulted the area in turning into a haven of leisure and recreational pursuits for both tourists and residents alike. From adventure sports to water activities, you will never have a dull moment on Al Marjan Island. The shopping and retail outlets along with world-class restaurants further elevate the charm of the place.
This pristine destination offers everything you need for a stunning weekend escapade, which explains why it is on top of the list of investment-worthy areas in Ras Al Khaimah. The fact that you will get a spawning family-friendly neighborhood in every corner makes it the perfect place for families to spend a holiday in as well as settle down.
Conclusion
Al Marjan Island checks all the boxes that make for a smart investment. Its geographical location, compliance with eco-friendly policies, tourism sectors, and high capital appreciation of its marvelous waterfront residences sum up the allure of this magical place.
It is no surprise as to why it has cemented itself as a highly sought-after promising real estate destination in the UAE. It has rightfully captured the attention of investors from far and wide for all the perfect reasons. And its real estate market is only going to boom even further in the near future.