UAE – A Strategic Location
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Transcript of UAE – A Strategic Location
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UAE – A Strategic Location
Ras Al Khaimah
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RAK - Social
Infrastructure
An Array of Retail &
LeisureOptions
Shopping malls
Water sportsFlying clubs
Equestrian clubs
Golf courses
Desert SafarisCamel ridesShooting Club
5 star hotels
Unspoilt beaches
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Ras Al Khaimah -
Economy
Growth
DriversManufacturin
g
Real Estate /Construction
Tourism
ServicesHig
h G
DP
G
row
th• 14% 2004-2008, 9% 2009• GDP now at USD 4.30 bn• Slated to double in 5 yrs
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Advantage RAKIA
Hig
h R
etu
rns o
n
Investm
en
ts
• 0% income tax • 0% personal tax• 0% corporate and No VAT• 100% foreign ownership in Free Zones• 100% repatriation of capital and profits• No foreign exchange controls, trade barriers or quotas• Liberal labour laws• Very low manufacturing costs• No discrimination based on nationality, religion, culture etc…• No corruption
Low
set-
up
& o
pera
tion
s
cost
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Al Marjan Island
• Project owned by Ras Al Khaimah
Investment Authority (RAKIA)
• First man-made island in the Emirate
• Cluster of 4 coral-shaped islands and
1 peninsula
• Extending 4.5 km into the sea
• Expanding the natural coast line by
an additional 21 km
• 3.1 million sq m of reclaimed land
• Mixed use: Villas, apartments, hotels,
resorts, leisure & commercial facilities
• US$1 billion project
Actual Aerial ViewTaken May. 2010
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Government of RAK Project
• Al Marjan Islands dredging, reclamation and rock revetment works utilized modern techniquies such as surface filling with coarse earth material, underwater sand pumping and deep sea sand quarry outsourcing instead of “hostile dredging”.
• Prior to the natural processes of reclamation of AL Marjan Islands a physical model were done by Halcrow International (UK) to determine the water circulation, flushing, water quality, height and size of the armour and its persistence against the highest wave occurrence in 100 years. Visibility studies were conducted after the Island has been built and results obtained revealed 90% visibility and 2 m depth which prove without any doubt that the Hydraulic Models and the Physical Model done are correct and working
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Government of RAK project
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International Accreditation
• As of First Qtr of 2011, net area of 14.00 million sqft is sold – Represent 63%
OPPORTUNITIES AVAILABLE -• To develop luxurious hotel and resort to cater the needs of growing tourists in RAK – Tourism
Increased upto 63% during 2002 and 2009.• Luxurious affordable accommodation complex – demand is on rise due to short supply of units in the
region – Double the population in less than 5 years.• To make your own holiday home – enjoy island living.• Your own office tower – to lease it out the same or for your own employees working in the region.• World class sports Stadium – approx. 25% of RAK population is school going need sports facilities of
international standard.• Shopping Mall / Retail Space –• Medical or sports clinic.
• Ras Al Khaimah “The Most Cost Efficient FDI Destination”– Financial Times, London, 2007
• Ras Al Khaimah has been awarded “The Most Attractive Destination for FDI ” in 2008-2009 Middle Eastern Cities of the Future benchmark rankings
• Ras Al Khaimah – “The Most Innovative Investment Destination”– World Finance – 2010 Awards
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AL MARJAN ISLAND
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First PROJECT READY ON AL MARJAN ISLAND
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Some of the Projects in RAK
The most complete resort in UAE, with 5 Star Hotels, 2.5 kilometers of beach,Fine dining Restaurants, 18 hole Championship Golf Course, Marina and YachtClub Shopping and Residential Component all within walking distance
Al Hamra Village
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Smallest Villa Plots with Private Beaches
USD @per sqmtr
In USD
Sl No. Plot No.
Island
Plot Area (Sq.mtr)
Height Limit
Usage Sales Value
1 2V002A 2 3011.62 G+2 Villas 750.00 2,258,715
2 2V002B 2 2254.08 G+2 Villas 750.00 1,690,560
3 2V002C 2 1874.18 G+2 Villas 750.00 1,405,635
4 BV001A 2 1988.52 G+2 Villas 750.00 1,491,390
5 BV001B 2 2099.46 G+2 Villas 750.00 1,574,595
6 BV001C 2 2313.85 G+2 Villas 750.00 1,735,388
7 BV001D 2 2614.79 G+2 Villas 750.00 1,961,093
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Hilton RAK
Some of the Projects in RAK
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Some of the Projects in RAK
Khatt Spring Hotel & Spa
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Some of the Projects in RAK
Hilton Beach Resorts & Spa
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Some of the Projects in RAK
Al Hamra Palace
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Some of the Projects in RAK
Cove Rotana Hotel
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Some of the Projects in RAK
Al Hamra Fort Hotel
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Some of the Projects in RAK
Al Hamra Village
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Thank you
Thank you