Ramhan Island is a $3.5 billion development project located in the United Arab Emirates. The project aims to transform the island into a world-class tourism destination. It will include a range of luxury hotels, resorts, and villas, as well as retail and dining options. The development will also feature a marina, a wellness center, and a conference and exhibition center.
So, why is Ramhan Island is going to be a favorite vacation spot for many people? Dive into this article to learn more about the project and figure out why you may want to invest in it.
Where Is Ramhan Island Located?
Ramhan Island is situated off the coast of Abu Dhabi, the capital city of the United Arab Emirates. To be more precise, it lies approximately 4.2 kilometers (2.67 miles) southeast of Abu Dhabi’s main island. The infrastructure is pretty convenient here, so you can access the island by road and through a dedicated causeway. In total, the project covers an area of 80,000 square meters — enough to host a variety of villas and other amenities.
Why Is Everyone Talking About Ramhan Island?
Ramhan Island has been generating buzz in the market of luxury real estate. No wonder it promises to bring a new level of luxury and exclusivity to the region. The project is going to be a fabulous luxurious haven on Earth because of:
- Strategic location. Ramhan Island is located between Dubai and Abu Dhabi. It is easily accessible to both cities and their international airports.
- Sustainable development. The island has been designed with sustainability in mind. It features green spaces, renewable energy, and environmentally-friendly technologies.
- World-class amenities. The development includes a wide range of world-class amenities: luxury hotels, resorts, spas, restaurants, and retail outlets. The project is going to have 1,800 beach villas. Everyone willing to buy property on the island can get familiar with real estate with different layouts.
- Business opportunities. The island is set to become a major business hub. It will focus on innovation, technology, and entrepreneurship. Thus, local and international businesses will get splendid opportunities to thrive here.
- Tourism destination. With its stunning beaches, world-class marina, and water sports facilities, Ramhan Island is poised to become a premier tourism destination, attracting visitors from around the world.
Ramhan Island is still under development. So, it is not yet possible to provide a comprehensive overview of the interior and exterior design of the properties. However, it is known that real estate on the island will be designed to the highest standards of quality and style. The villas will be set in lush, landscaped gardens. Additionally, they will feature spacious, open-plan interiors with plenty of natural light.
From the exterior, the apartments will offer high-end finishes. The interior design of the properties on Ramhan Island will reflect the island’s natural beauty, which will further emphasize the luxury of the property. All in all, villas will have a focus on comfort, functionality, and elegance.
The premium real estate agency in the UAE will be happy to tell you more about the project and the villas’ prices.
Who Has Developed the Ramhan Island Project?
Mohamed Alabbar, the founder of Emaar Properties, launched the Ramhan Island project. It will be implemented by Eagle Hills, a private development company. The company is famous for its rich portfolio of projects (mixed-use developments, residential communities, and commercial properties) across different locations, including the UAE, Morocco, Bahrain, Jordan, Oman, and Serbia. For instance, Maryam Island, Address Residences Fujairah, Kalba Waterfront, etc.
Why You Should Invest in Ramhan Island?
There is no official release date yet. Though, Ramhan Island offers a unique investment opportunity with the potential for high returns even at this point.
The island is located in a prime location in Abu Dhabi. This grants easy access to major attractions, business centers, and transportation hubs. The project is being developed by reputable companies, which adds to the credibility of the investment. Furthermore, the UAE has a favorable tax system for both expats and locals, with no income tax or capital gains tax. This makes it an attractive destination for investors.
The island has a lot of potential for growth in terms of property value and rental income. Also, investing in Ramhan Island can provide a diversification opportunity for investors who are looking to expand their investment portfolio beyond traditional assets. There is a high potential for rental income from short-term rentals, especially during peak tourist seasons.
Finally, Ramhan Island is designed to offer a luxurious lifestyle with its high-end amenities, world-class facilities, and stunning views. It will become a go-to vacation spot and attract many people, especially those willing to live to the fullest, being surrounded by nature and luxury.
All in all, investing in Ramhan Island could be a good opportunity both for investors and those who appreciate a luxury lifestyle.
