Real estate show with Seven-star hotel investment opportunities

Billions of dollars of investment opportunities are on show at a two-day real estate show in United Arab Emirate Ras Al Khaimah (RAK). The second Real Estate and Investment Show, known as RAK REIS, is showcasing the most prominent real estate projects across the emirate and delivering up a feast of business prospects for corporate and individual property investors.

Highlights include resorts, theme parks, desert and hill stations, as well as five and seven-star hotels. Organiser Electro Med says investment will be spurred by the growth of tourist footfall in the Emirate expected to grow from 500,000 in 2007 to 2.5 million by 2012.

Electro Med managing director Waheed Khaled said:

“Ras Al Khaimah is emerging as one of the most vibrant real estate markets not only in the UAE but in the entire region.

“RAK REIS provides the sales platform for exhibitors to showcase their portfolio to corporate and individual investors and thus realise the immense industry potential of Ras Al Khaimah.”

Held at the Ras Al Khaimah Exhibition Centre from May 22nd to 24th, more than 2,450 visitors were expected at the event. Ras Al Khaimah is at the north end of the coast of the Arabian Gulf, positioned between the Hajjar mountains to the east and the Arabian Gulf to the West, and shares mountainous borders with the Sultanate of Oman.