Ellington Views II | Sea+Golf View | Accepting EOI
Why Invest in Ras Al Khaimah?
The announcement of the Wynn Resorts casino development in Ras Al Khaimah (RAK) has had a significant impact on the emirate, with property prices doubling in some areas. This trend is expected to continue as the casino nears completion, with prices surpassing those in Dubai.
The casino is attracting attention from investors all over the world, particularly due to its involvement with Steve Wynn, a renowned casino developer. There are two main ways to make money from investing in RAK real estate:
Short-term investment:
This involves flipping units before handover, and taking advantage of the capital appreciation to generate quick profits without paying the full amount.
Long-term investment:
This involves renting out properties after handover. With luxury hotels in the vicinity, investors can expect to generate monthly rental incomes of over 30,000 AED, as nightly hotel rates are expected to be around 2,500 AED.
Introducing Views 2 by Ellington in Al Hamra Village, RAK
Views 2 is the latest addition to the RAK real estate scene. The project offers a variety of elegantly designed studios, 1, 2, and 3-bedroom apartments, all with stunning views of the Wynn Casino Resort, golf course, and the Arabian Gulf. This newly launched project offers a perfect blend of luxury and breathtaking scenery.
Invest in a slice of paradise in this coveted location today!
Contact George Ramzy for more information and to book your unit.
The announcement of the Wynn Resorts casino development in Ras Al Khaimah (RAK) has had a significant impact on the emirate, with property prices doubling in some areas. This trend is expected to continue as the casino nears completion, with prices surpassing those in Dubai.
The casino is attracting attention from investors all over the world, particularly due to its involvement with Steve Wynn, a renowned casino developer. There are two main ways to make money from investing in RAK real estate:
Short-term investment:
This involves flipping units before handover, and taking advantage of the capital appreciation to generate quick profits without paying the full amount.
Long-term investment:
This involves renting out properties after handover. With luxury hotels in the vicinity, investors can expect to generate monthly rental incomes of over 30,000 AED, as nightly hotel rates are expected to be around 2,500 AED.
Introducing Views 2 by Ellington in Al Hamra Village, RAK
Views 2 is the latest addition to the RAK real estate scene. The project offers a variety of elegantly designed studios, 1, 2, and 3-bedroom apartments, all with stunning views of the Wynn Casino Resort, golf course, and the Arabian Gulf. This newly launched project offers a perfect blend of luxury and breathtaking scenery.
Invest in a slice of paradise in this coveted location today!
Contact George Ramzy for more information and to book your unit.
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - Huspy-6499197
- CompletionOff-Plan
- Added on1 November 2023
- Handover dateQ3 2027
Features / Amenities
Balcony or Terrace
Parking Spaces
Sauna
Steam Room
+ 3 more amenities
Trends
Mortgage
This property is no longer available
Huspy Dubai
Agent:George Ramzy