Quote:
Originally Posted by mazi
I keep hearing the word RAK more and more often with many new projects being introduced there and prices on the cheaper side compared to Dubai. Is it just me or is RAK up and coming as a new investment spot to look out for???! 
Could it be compared to Dubai in any way or shape in terms of price improvements?
Advice would be much appreciated guys. |
Rak is definitely up and coming and there is a definite boom over there.
You cant really compare Rak to Dubai as they are both different from each other but yes you can see that a good growth in capital values is going to happen - similar to the way it has risen in Dubai.
But I believe that Dubai is always going to be more expansive in term of property prices.
I will definitely recommend investing in rak, but please make sure you are buying the right developments in the key locations, as this will be effecting your capital growth.
I have few clients who I recommended some property in Rak and they already had 15% growth on their investments in a very short time.
You can do it as well
Yours
Erez
go west property consultants and buyers agents