Ras Al Khaimah, UAE is a popular business destination in the Middle East. Its prime location, business potential, business-friendly policies and environment, offshore opportunities, Rak’s seaports, and the growing real estate sector attract businessmen, entrepreneurs, and multinational corporations. People who desire to establish their start-ups and expand their businesses can consider offices for sale in RAK.
This is a rapidly growing emirate of the United Arab Emirates. Given its offerings, its population is growing and so is the scope of business in RAK. Over the years, it has become a regional hub for manufacturing. Furthermore, investors and business people are also interested in its booming real estate sector. Besides that, its geography, landscape, seaports, and government policies have created countless business opportunities.
If you are a businessman or an entrepreneur looking for a perfect destination for your business then RAK is one of the best options. Here you can find various types of office spaces such as expensive, cheap, or small offices available based on your specific requirements and budget.
Like Dubai and Abu Dhabi, the emirate of Ras Al Khaimah also offers two types of properties: freehold properties and leasehold properties. Buying a freehold property is a bit expensive but it gives you exclusive ownership rights over your purchased properties and you can use your space as you desire without any need for permission. In this specific case, you will not have to worry about any rental costs because it is your property. Expats and foreign investors are also allowed to purchase and own freehold places in RAK. It means you can have your own office in this emirate.
On the contrary, leasehold properties do not offer exclusive ownership rights. These are lease-based properties that are returned when the lease period is completed. You can also consider a leasehold property or office to start your business. This property option comes with a lot of pros and cons. For example, it gives you the luxury to relocate your business for better prospects without any hassle of selling your previous office space or buying a new one.
For a businessman, both are considerable options. The decision of choosing a freehold or leasehold option normally depends on your personal choices and goals. If you are looking for short-term goals then choose a leasehold property or if you have long-term objectives then it is better to go for a freehold property.
In Simple terms, you can find a range of commercial properties in this emirate such as offices of various sizes, retail spaces, hotels, hospitality venues, showrooms, and warehouses. Given this diversity, business people of various interests can find spaces based on the specific requirements of their businesses.
♦ RAK is deemed a strong base for business operations mainly because of its significant location, seaports, advanced infrastructure, and business-friendly policies.Â
♦ Office spaces are quite affordable in RAK as compared to Dubai and Abu Dhabi. Businessmen and entrepreneurs can explore a range of affordable commercial real estate in RAK
♦ Like other emirates of the United Arab Emirates, freehold properties are also available in RAK. It means you can enjoy 100% ownership rights of your purchased commercial properties such as offices in RAK
♦ Its economy is rapidly growing, creating business opportunities and enabling investors to generate significant returns from their businesses
♦ Modern office spaces, advanced infrastructure, and telecommunication networks also make it a perfect location to buy your office and start your business.
Freehold commercial properties, tax incentives, and business-friendly policies attract businesses and multinational corporations to RAK. You can find office spaces in several neighborhoods of this emirate. Let’s explore the most popular areas to buy offices in RAK.
Dafan Al Nakheel is a self-contained mixed-use development located along Al Manama Road (E11). It is a self-sufficient community that offers both commercial and residential real estate investment opportunities. You can find both offices for sale or rental office spaces in Dafan Al Nakheel. Its strategic location, easy accessibility, and business potential make it a perfect consideration to buy or rent a commercial property.
Julphar Towers is a 43-story twin-tower development. This project features both commercial and residential properties for sale. 468 office spaces attract investors and businesses. Located at a prime destination and offers a business-friendly environment, attracting businesses and multinational corporations.
Mina Al Arab is a waterfront community located along Sheikh Mohammed Bin Saleem Road (E11). Mina Al Arab Bridge and Intercontinental Bridge connect it with the inland area. It features luxury real estate. Furthermore, commercial properties are also available for sale. Businesses related to tourism and hospitality can choose Mina Al Arab for their business spaces.
Al Hamra Village is a mixed-use community located on the southern side of the emirate of RAK. Hotels, resorts, supermarkets, and shopping centers make it a considerable location to start and expand business in RAK. It is a popular area that is known for its high-end developments, prime location, sophisticated living, and profitable business ventures.
RAK is becoming popular day by day because of its splendid lifestyle and business opportunities. Its prime location, connectivity, seaports, the development of modern infrastructure, and leisure facilities fascinate both residential and commercial real estate investors. If you want to set up your startup or expand your business then you can find different types of commercial properties such as office spaces.
Given our years of real estate experience, we understand that it is not easy to buy properties for sale in Dubai, especially for new buyers. It is challenging to find the perfect spot for investment amid thousands of investment opportunities.
However, Kelt and Co Realty has come up with a perfect solution. Now, an investor is not required to go through countless listings on different property-related websites. Kelt and Co Realty offers a one-stop solution. An investor just needs to complete this quick quiz to find the perfect investment option because all information related to off-plan property is available here.
You just need to follow simple steps on your screen to find the perfect option based on your specific demands and financial means. Choose the perfect offer and contact us!
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