Prime High-Rise Development Land – Al Nakheel RAK

Type

Land

Purpose

Sale

Updated

21st May 2026

Completion Status

Ready

Permitted Height: Up to 100 Floors
Land Use: Residential / Commercial / Mixed-Use

Location Highlights

Situated in Al Nakheel, the heart of Ras Al Khaimah

Walking distance to key retail and commercial hubs

Minutes from the Corniche and waterfront promenades

Excellent road connectivity to Dubai and other Emirates

Surrounded by government offices, hotels, and entertainment venues

Accessibility Advantages

Corner plot with two street frontages (28m and 32m) for maximum visibility

Direct access from major roads in Al Nakheel’s central district

Immediate proximity to a large public parking area, ensuring easy access for residents, visitors, and commercial traffic

Ownership & Lease Options for Foreign Investors

Eligible for foreign ownership through secure, government-approved structures

Long-term leasehold options of 30–50 years available, ensuring stability and predictable ROI for expats and overseas investors

Key Investment Advantages

Strategic, high-visibility location in a high-demand growth district

Fully serviced with utilities and municipal infrastructure

Rare zoning allowance for up to 100 floors, ideal for a landmark tower

Strong tourism growth driven by projects like the Wynn Resort & Casino

Land priced at AED 403/sqft, with construction costs in RAK averaging around AED 538/sqft, leaving a healthy cost-to-value spread for strong ROI

Why Invest Here
One of the last centrally located prime plots in Al Nakheel with unmatched development potential. The unique mix of zoning flexibility, height allowance, and central positioning makes it ideal for luxury apartments, branded residences, hospitality, or mixed-use high-rise projects

Posted on: 21st May 2026