Not only Dubai: Three promising emirates for investment
The UAE is a country with a rich and diverse real estate market that offers investors and buyers plenty of opportunities. While Dubai used to be the only place mentioned by experts, other emirates are now receiving increasing attention. Ras Al Khaimah, Abu Dhabi, and Sharjah - each of them has its advantages and conditions for investment and living.
To make the right choice, it is necessary to analyze each of these regions. What risks are present in each of them? What opportunities are there for income growth?
Ras Al Khaimah
Ras Al Khaimah is an emirate known as the northernmost and coziest one. There are picturesque mountains here, more than in other emirates. The climate is milder here, and the atmosphere is the most liberal - there is no dress code for tourists, and alcohol can be freely purchased in stores. One of the advantages of Ras Al Khaimah is the opportunity for a calm and relaxed life near beautiful beaches. The emirate is developing as a resort destination, with new highways being built, and the local airport is expanding. Ras Al Khaimah is the perfect place for lovers of active entertainment: jeep safaris, golf, walks in the ghost town of Al Jazeera Al Hamra, and the longest zipline in the world are waiting for you. Less than 200,000 people live in the emirate, among whom Europeans, Americans, and Chinese are prevalent, actively buying investment real estate here. Ras Al Khaimah is divided into two parts, each with its attractions, including an international airport.
Abu Dhabi
Abu Dhabi - it is not only the largest and wealthiest emirate, but also a true center of entertainment, education, and real estate. The Yas Island with its theme parks and the opportunity to feel like a Formula-1 racer, as well as Saadiyat Island with the Louvre Abu Dhabi museum, attract tourists from all over the world. But these are not the only attractions of the city - it also houses branches of the best universities and schools in the world, including Sorbonne University and Eton Institute. In addition, the authorities have designated freehold zones where foreign investors can buy property in full ownership and obtain a residency visa. The limited number of real estate offerings in Abu Dhabi raises prices, but they are still not as high as in Dubai. Overall, Abu Dhabi is a reputable and diverse city that leaves unforgettable impressions on every visitor.
Sharjah
Sharjah - it is an incredibly interesting and unique emirate that combines conservative traditions and cultural attractions. There is no alcohol or shisha cafes, but there are many museums, galleries, and theaters that will surprise even the most discerning tourists. And there is no need to worry about the strictness of local laws - minor violations can be resolved with a warning.
Sharjah is also the main maritime gateway of the UAE, and as a result, the cost of living here is much cheaper than in other emirates.
Of course, the choice of a place for investment depends on your needs and goals. If you are looking for more affordable options, Ras Al Khaimah and Sharjah can be an excellent choice. If you want to invest in premium real estate, then Abu Dhabi would be a more suitable option. In any case, the UAE provides ample opportunities for investment and a comfortable life.
Keywords: investment Dubai Abu Dhabi Sharjah Ras al-Khaimah United Arab Emirates (UAE) real estate freehold zones tourism culture entertainment education museums galleries theaters Formula-1 conservative traditions affordable living premium real estate opportunities