The Ritz-Carlton Residences Ras Al Khaimah, Al Wadi Desert, developed by RAK Hospitality Holding, is set to be the first The Ritz-Carlton-branded development in the UAE. This luxurious project, located in the serene Al Wadi Desert, is scheduled to be completed in Q1 2027. Property for sale in The Ritz-Carlton Residences offers an exclusive collection of 35 villas, ranging from 3 to 5 bedrooms. These elegantly designed villas for sale in The Ritz-Carlton Residences come fully furnished, featuring a maid's room, swimming pool, terrace, open kitchen, store/laundry room, powder room, and family room, epitomizing the height of luxury living. The starting price for a villa in this prestigious development is 15 600 000 AED (4 247 400 $), with a flexible 60/40 payment plan available, allowing buyers to pay the final 40% upon handover.
Owners of The Ritz-Carlton Residences villas will have exclusive access to a wide range of amenities and facilities, including a business center, library, boardrooms, gym, yoga studio, and a private cinema. The development combines modern architectural design with the natural beauty of its desert surroundings, offering a unique lifestyle that is both opulent and harmonious with nature.
Ras Al Khaimah, where The Ritz-Carlton Residences is located, is one of the fastest-growing tourism, investment, and lifestyle destinations in the region. It offers a competitive business environment with zero income tax and 100% ownership of firms, making it an attractive destination for businesses. The Emirate is also known for its natural beauty, world-class hospitality, and diverse investment opportunities across its mountain, desert, and coast. Key economic sectors like healthcare, hospitality, education, trade, and retail are being enhanced through strategic initiatives like SelectRAK. This initiative aims to position Ras Al Khaimah as a gateway to affordable luxury and boost its appeal for investment. The government's commitment to maintaining a stable and attractive investment climate is evident in its 'A' rating with a stable outlook affirmed by Fitch Ratings.
Ras Al Khaimah's ambitious goal of welcoming 3 million visitors annually by 2030 highlights its high-performance levels in the tourism sector. The Emirate is focusing on diversifying its tourism offerings, including luxury hotels and resorts, ecotourism, wellness travel, and adventure tourism, which are among the fastest-growing sectors globally. This diversification is expected to significantly contribute to the Emirate's economy and increase the appeal of properties like The Ritz-Carlton Residences for investors.
In conclusion, villas for sale in The Ritz-Carlton Residences Ras Al Khaimah, Al Wadi Desert, is a symbol of luxurious and sustainable living. Its strategic location in Ras Al Khaimah, coupled with the Emirate's economic growth and commitment to tourism and investment, makes it an attractive option for discerning buyers and investors.
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