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Why You Should Invest in Ras Al Khaimah’s Real Estate in 2024: A Detailed and Practical Guide to the Best Properties, Locations, and Returns (part 4 of 7)

Why You Should Invest in Ras Al Khaimah’s Real Estate in 2024: A Detailed and Practical Guide to the Best Properties, Locations, and Returns (part 4 of 7)

Want to Buy Real Estate in Ras Al Khaimah? Write a Request in WhatsApp and Real Estate Group Will Find the Best Options for You. Everyone Buys With Us!

Read Part 3 for the beginning

Chapter 4. Dafan Al Nakheel: A Vibrant and Cosmopolitan Community for Living and Investing in Ras Al Khaimah.

Dafan Al Nakheel is a vibrant and cosmopolitan community that offers a mix of traditional and modern elements, creating a lively and diverse environment. It is one of the most central and accessible areas of Ras Al Khaimah, offering a range of world-class facilities and amenities for residents and visitors alike. 

In this chapter, Real Estate Group will explore the various aspects of Dafan Al Nakheel, such as its location, business life, cultural life, education, shopping and entertainment, health, and real estate.

Real estate investment in Dafan Al Nakheel

1. Location.

  • Dafan Al Nakheel is located on the western coast of Ras Al Khaimah, near the border with Umm Al Quwain.
  • Dafan Al Nakheel covers an area of 8.5 million sq. ft., comprising of several residential and commercial buildings, as well as natural and recreational areas.
  • Dafan Al Nakheel boasts a 2 km long waterfront, a 1 km long beach, and a 500,000 sq. ft. mangrove forest, providing stunning views and recreational opportunities for residents and visitors.
  • Dafan Al Nakheel has a population of over 25,000 people, comprising of various nationalities and backgrounds, creating a diverse and vibrant community.

2. Business Life.

Dafan Al Nakheel is home to several business centers and companies that cater to different sectors and industries, such as tourism, hospitality, retail, education, and health.

Some of the prominent business centers and companies in Dafan Al Nakheel are:

  • Etisalat: A telecommunication network company that offers a range of services, such as mobile, internet, TV, and landline, as well as a customer care center and a showroom.
  • Al Hamra Mall: A two-storey shopping center that hosts over 120 retail outlets, including international brands, local shops, and a hypermarket, as well as a food court, a cinema, and a kids’ play area.
  • DoubleTree by Hilton Resort & Spa Marjan Island: A luxury hotel that features 723 rooms and suites, 12 restaurants and bars, a spa, a fitness center, and a private beach, as well as a grand ballroom and several meeting rooms for events and functions.
  • Al Nakheel Hospital: A public hospital that offers a range of medical services, such as emergency, maternity, surgery, radiology, and laboratory, as well as a pharmacy and a blood bank.

Dafan Al Nakheel is beneficial for business establishment and residence for professionals from different companies because:

  • It offers a strategic location that is close to the Ras Al Khaimah International Airport (15 km) and the Dubai International Airport (85 km), making it easily accessible for travelers and commuters.
  • It provides a tax-free environment, which means that there are no income taxes, corporate taxes, or value-added taxes for businesses and individuals.
  • It supports a work-life balance culture, which means that professionals can enjoy a high quality of life, with access to various leisure and entertainment options, as well as a safe and secure neighborhood.

3. Cultural Life.

Dafan Al Nakheel has a rich and diverse cultural life, with various attractions, museums, and exhibitions that showcase the history, heritage, and art of Ras Al Khaimah and the UAE.

Some of the cultural attractions and museums in and near Dafan Al Nakheel are:

  • RAK National Museum: A museum that exhibits the archaeological, historical, and ethnographical collections of Ras Al Khaimah, dating back to the prehistoric, Islamic, and colonial periods.
  • RAK Heritage Village: A village that displays the traditional architecture, crafts, and lifestyle of Ras Al Khaimah, with various exhibits, workshops, and demonstrations.
  • RAK Fine Arts Festival: An annual festival that showcases the works of local and international artists, in various mediums such as painting, photography, sculpture, and digital art, at different venues across Ras Al Khaimah.

Some of the interesting events and shows that took place in Dafan Al Nakheel in 2022 and 2023 and which are planned to take place in 2024 - 2025 are:

  • Dafan Al Nakheel New Year’s Eve Celebration: A festive event that celebrates the end of the year and the beginning of the new one, with a live DJ, a countdown, and a fireworks display at the beach.
  • Dafan Al Nakheel Carnival: A fun event that features various activities and attractions, such as games, rides, shows, food trucks, and a market, at the waterfront.
  • Dafan Al Nakheel Yoga Festival: A wellness event that features various sessions and workshops of yoga, meditation, and mindfulness, led by expert instructors, at the mangrove forest.

4. Education.

Dafan Al Nakheel has a number of schools and universities that offer quality education for children and adults, in various curricula and disciplines.

Some of the schools and universities in and near Dafan Al Nakheel are:

  • RAK Academy: A school that follows the British curriculum, from the early years to the secondary level, with a focus on academic excellence, personal development, and global citizenship.
  • GEMS Westminster School: A school that follows the British curriculum, from the foundation stage to the advanced level, with a focus on innovation, creativity, and leadership.
  • American University of Ras Al Khaimah: A university that offers undergraduate and graduate programs in various fields, such as engineering, business, arts, and sciences, with a focus on research, community engagement, and internationalization.
  • RAK Medical and Health Sciences University: A university that offers undergraduate and graduate programs in various fields, such as medicine, dentistry, pharmacy, and nursing, with a focus on excellence, professionalism, and ethics.

5. Shopping and Entertainment.

Dafan Al Nakheel has a variety of shopping and entertainment options, that cater to different tastes and preferences, from fashion and lifestyle, to dining and nightlife.

Some of the shopping and entertainment centers in Dafan Al Nakheel are:

  • Al Hamra Mall: As mentioned earlier, this is a shopping center that hosts over 120 retail outlets, including international brands, local shops, and a hypermarket, as well as a food court, a cinema, and a kids’ play area.
  • Gulf Cinema: A cinema that offers a range of movies, from Hollywood blockbusters to Bollywood hits, as well as a snack bar and a lounge.
  • DoubleTree by Hilton Resort & Spa Marjan Island: As mentioned earlier, this is a luxury hotel that features 12 restaurants and bars, such as Meze, a Turkish restaurant, Vespa, an Italian restaurant, and Sho Fee, a rooftop bar.
  • Super Bowling Center: A bowling center that offers a fun and exciting experience, with 12 lanes, a billiard table, a dart board, and a snack bar.
  • Cheeky Monkeys Playland: A playland that offers a safe and stimulating environment for children, with various activities and attractions, such as slides, trampolines, ball pits, and a soft play area.
Real estate investment in Dafan Al Nakheel

6. Health.

Dafan Al Nakheel has a number of medical clinics, hospitals, and health care organizations that provide quality and affordable health care services for residents and visitors.

Some of the health care facilities in and near Dafan Al Nakheel are:

  • Al Nakheel Hospital: As mentioned earlier, this is a public hospital that offers a range of medical services, such as emergency, maternity, surgery, radiology, and laboratory, as well as a pharmacy and a blood bank.
  • Dafan Al Nakheel Medical Center: This is a medical center that offers a range of primary and specialty health care services, such as family medicine, pediatrics, gynecology, dermatology, and physiotherapy, as well as a pharmacy and a laboratory.
  • Al Zahrawi Hospital: This is a hospital that offers a range of secondary and tertiary health care services, such as emergency, intensive care, surgery, radiology, and laboratory, as well as a pharmacy and a blood bank.
  • RAK Diabetes Center: This is a center that offers a comprehensive and holistic approach to diabetes management, with a team of specialists, educators, and counselors, as well as a pharmacy, a laboratory, and a nutrition clinic.

7. Real Estate.

Dafan Al Nakheel is one of the best places to invest in residential or commercial real estate in Ras Al Khaimah, as it offers a variety of properties, such as apartments, villas, townhouses, and penthouses, with attractive prices, returns, and amenities.

According to Real Estate Group, the average prices and ROI of properties in Dafan Al Nakheel are as follows:

  • Apartments: The average price of an apartment in Dafan Al Nakheel is AED 700,000 ($190,736), ranging from AED 300,000 ($81,744) for a studio to AED 1,800,000 ($490,463) for a 4-bedroom unit. The average rental yield of an apartment in Dafan Al Nakheel is 8%, ranging from 7% for a studio to 9% for a 4-bedroom unit.
  • Villas: The average price of a villa in Dafan Al Nakheel is AED 4,000,000 ($1,089,918), ranging from AED 2,000,000 ($544,959) for a 3-bedroom unit to AED 20,000,000 ($5,449,591) for a 7-bedroom unit. The average rental yield of a villa in Dafan Al Nakheel is 5%, ranging from 4% for a 3-bedroom unit to 6% for a 7-bedroom unit.
  • Townhouses: The average price of a townhouse in Dafan Al Nakheel is AED 2,500,000 ($681,199), ranging from AED 1,500,000 ($408,719) for a 3-bedroom unit to AED 4,000,000 ($1,089,918) for a 5-bedroom unit. The average rental yield of a townhouse in Dafan Al Nakheel is 6.5%, ranging from 5.5% for a 3-bedroom unit to 7.5% for a 5-bedroom unit.
  • Penthouses: The average price of a penthouse in Dafan Al Nakheel is AED 3,000,000 ($817,439), ranging from AED 2,000,000 ($544,959) for a 3-bedroom unit to AED 5,000,000 ($1,362,398) for a 5-bedroom unit. The average rental yield of a penthouse in Dafan Al Nakheel is 7%, ranging from 6% for a 3-bedroom unit to 8% for a 5-bedroom unit.

The benefits of living in Dafan Al Nakheel for different types of residents are as follows:

  • Couples: Dafan Al Nakheel offers a romantic and relaxing lifestyle for couples, with access to the beach, the harbour, the hotels, and the spa, as well as a variety of dining and entertainment options.
  • Families with children: Dafan Al Nakheel offers a safe and secure environment for families with children, with access to the schools, the mall, the hospital, and the parks, as well as a diverse and friendly community.
  • Young professionals: Dafan Al Nakheel offers a dynamic and convenient lifestyle for young professionals, with access to the business park, the airport, the freehold ownership, and the tax-free environment, as well as a range of leisure and recreational options.
  • Retirees: Dafan Al Nakheel offers a peaceful and comfortable lifestyle for retirees, with access to the health care facilities, the fitness center, and the private beach, as well as a range of cultural and social activities.

Want to Buy Real Estate in Ras Al Khaimah? Write a Request in WhatsApp and Real Estate Group Will Find the Best Options for You. Everyone Buys With Us!

As you can see, Dafan Al Nakheel is a vibrant and cosmopolitan community that offers a mix of traditional and modern elements, creating a lively and diverse environment. It is one of the most central and accessible areas of Ras Al Khaimah, offering a range of world-class facilities and amenities, attractive prices and returns, and a diverse and vibrant community. 

Whether you are looking for a romantic getaway, a family-friendly home, a dynamic workplace, or a peaceful retirement, Dafan Al Nakheel has something for everyone. If you are interested in buying a property in Dafan Al Nakheel, feel free to contact us today on WhatsApp and Real Estate Group will help you find the best property to suit your needs and goals. Don’t miss this opportunity to own a piece of paradise in Ras Al Khaimah.

Read the continuation in part 5

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