Ras Al Khaimah and Wynn Casino- Why you should invest now?

Ras Al Khaimah has been on the spotlight since the announcement of Wynn Resort and Casino and the story is only becoming better!
Set to open in the early 2027, Wynn resort recently closed a deal to bank an additional 70 acres of land in the Emirate for future development. This recent news has only increased the confidence of investors expecting high capital appreciation and substantial rental yields in this region.
Ras Al Khaimah Tourism Development Authority (RAKTDA) reports its best year for tourism ever, welcoming a record 1.22 million overnight arrivals to the nature Emirate in 2023, up 8% on 2022 numbers and bolstered by a significant 24% year-on-year pick-up in international visitors.
As per RAK's Tourism development authority, Its key 2023 achievements include:
1. A 24% increase in international visitors, supported by over 2,200 international activities from roadshows, trade fairs to media events across 30 countries.
2. Cemented status as a business and social events hub with a 23% growth in MICE revenue and 103% increase in revenue from weddings.
3. Featured in CNN Travel’s best destinations to visit in 2023; and Forbes’ Why You Should Visit Ras Al Khaimah Now.
4. Boosted international air connectivity with the introduction of direct flights with Qatar Airways, Indian carrier IndiGo’s,
5. Debut of Anantara Mina Al Arab Ras Al Khaimah Resort with the start of 2024 and the reopening of Waldorf Astoria Ras Al Khaimah following an extensive refurbishment.
Complementing this growth, hotel occupancy rate in the Emirate also saw a significant rise, with an impressive occupancy of 74%, marking a year-on-year growth of 12 percentage.
These figures show strong increase in demand in Ras Al Khaimah.
Luxurious beachfront projects have been launched by reputed developers and Shoreline By Damac is one such beautiful waterfront residential project launched by Damac.
To know more about the project and investment opportunities in Ras Al Khaimah, contact us on the below details:
[e-mail] or [phone].
#realestate #rasalkhaimah #dubai #investment #hotel #tourism #casino #hospitality #beach

[@micomarinas2753]

my few questions: is there an international airport in RAS? if I buy a property in RAS, can I use it to qualify for the dubai golden visa? is there a RAS golden visa?

[@MamtaRajJoshi]

Thank you for your inquiry. Yes there is Ras Al Khaimah international airport. We can discuss more about the projects and the golden visa aspect if you can contact us on [e-mail].