Ras Al Khaimah

Forty minutes by car from Dubai, Ras Al Khaimah (literally “the top of the tent”) was recently ranked as one of the world’s best in¬vestment destinations by FDI Magazine of the Financial Times Group.

Under the leadership of its US-educated ruler, H.H. Crown Prince Sheikh Saud bin Saqr al-Qassimi, who took the reigns in 2003, RAK has followed the example of its larger neighbours, Dubai and Abu Dhabi, and initiated its own economic transformation. RAK’s GDP has grown by over 50% during the last four years and GDP growth is set to continue at 15% p.a.

RAK has initiated ambitious projects in recent years and has made enormous investments into its infrastructure. Numerous large-scale real estate developments have already been completed and a substantial tourism infrastructure is already in place, including a re-designed international airport and numerous hotels. Further projects are now approaching completion, including the seven-star Al Hamra Palace Hotel.

Many local experts regard RAK as a dynamic market for the coming years and one that currently offers investors outstanding value.

Ras Al Khaimah is known for its beautiful landscapes and natural habitat, its red sand dunes, pristine beaches, and for the majestic Hajjar Mountains, which rise 2,000 meters into the sky. The new Ras Al Khaimah International Airport opened in October, 2007. Twenty-seven airlines fly to and from RAK and several have introduced direct routes to the emirate from European cities. One of the first such flights was introduced by Air Berlin. In February, 2006, the RAK government, together with the company Space Adventures, announced the creation of a space port to be built and put into operation by 2012.

Marjan Island

Apartments, offices, and retail outlets
in Dubai and Abu Dhabi are in high demand and prices for properties with sea views have rocketed due to the scarcity of coastline. In order to accommodate demand, Dubai’s government decided to
launch land reclamation projects such as the Palm Jumeirah, Palm Jebel Ali, The World, and the Dubai Waterfront project.

Land reclamation is very expensive, however, a fact that has exerted additional
Accardia Opportunity Syndicate III upward pressure on the prices for waterfront projects currently on the market. Observing this trend, the ruler of neighbouring RAK began with the development of his own 18-billion-dollar man-made island— “Marjan Island”— which will extend two kilometres into the sea.

The first reclamation phase has been completed and the construction of buildings on the island is underway.
Marjan Island will consist of f ve man-made, coral-shaped islands covering more than 29 million square feet.

Developments on the island will be based on high-quality urban planning strategies and include residential projects, as well as hotels, restaurants and cafes, offi
ces, retail outlets, beaches, a marina, marina village, and water theme park.

Al Hamra Village

Al Hamra Village is an exclusive sea-side resort in Ras Al Khaimah which offers luxury homes, leisure activities, sports and entertainment and is being specially created for those seeking rejuvenation and escape from the monotony of day to day city life. The Apartments offer stunning views in all directions, either facing the seaside or the Golf course and Lagoon. The project will facilitate a private beach, accessible only by residents.
This includes:

• State of the art security on site
• latest telecommunication facilities will be available
• Boutique Hotels & Restaurants
• 18-hole Golf Course with Academy / Flood lights / Driving range
• Private Beaches
• 200 Boat Marina
• Water sports include deep sea fishing trips, catamaran rides, scuba diving and snorkelling, kayaking, paddle boat rental, parasailing, speedboats, jet skis and water skiing.

18 Hole Golf Course

The first taste of an eighteen hole "links" course in the Middle East built along the shores and rolling waves of the Arabian Gulf. Designed by renowned Swiss Golf Course Architect Peter Harradine the golf course is shaped around a large open lagoon with four sub-lagoons all inter-connected.

The front nine measuring 3,559 yards plays ‘Out’ away from the clubhouse, whilst the back nine measuring 3,708 yards returns back ‘In’ around the lagoon. The result is a 7,267yard Par 72 Championship Golf Course. In addition Al Hamra Golf Club features a nine hole Par 3 Academy course with holes ranging from 60 yards to 110 yards and features a salt water lake meant to test even the novice golfer’s nerve. The 350 yard driving range offers practice either from a large grass hitting area or from the designated Astroturf mats. To compliment this fine practice area are putting greens, chipping areas and bunker / pitching areas. With the latest zero pollution flood lights on nine holes of the Championship course, all of the Academy course and the driving range and practice facilities golfers can enjoy this ultimate night time golf experience.

The Al Hamra Golf Academy offers a premier Golf Coaching facility in the Middle East with two purpose built ‘Swing Rooms’. The State of the art Computer rooms provide video capabilities combined with the latest swing technique software. The large electronic door opens to the external range allowing the golfer an air-conditioned hitting area, yet the advantage of seeing the golf balls full flight.