Ras al Kaihmah, United Arab Emirates
Leading the way in development of Ras al Kaihmah is The First Group, one of  the most prominent developers in Dubai. This prestigious UK-based company has just introduced its newest offering, The Orchid, soon to be one of the first residential and commercial centers to be built in this part of the United Arab Emirates (UAE).
The Orchid will be a luxury condo hotel and mixed-use property. A peaceful retreat in this bustling city, The Orchid will feature a ground floor showroom and retail stores, five floors of parking, and a rooftop swimming pool and sun deck.
In addition to its commercial office suites, The Orchid will have 80 residential executive suites and 120 one-bedroom apartments.
The location of The Orchid is only 15 minutes from the RAK International Airport and is an hour's drive from the exciting city of Dubai. It will be situated in the heart of the commercial center of Ras al Kaimah with its 29 floors providing spectacular views of the city, the sea and the creek.
Owners at The Orchid will have the option of using their residence for four weeks per year and then participating in The First Group’s well-respected Wealthbuilder Program. This program allows owners to place their unit in a professionally-managed rental program. Revenue generated can defray the costs of owning a condo hotel residence.
Studio units at The Orchid range from 400 sq. ft. to 530 sq. ft. and start at $150,000. The one-bedroom apartment units range from 660 sq. ft. to 800 sq. ft. and start at $200,000. Complete furnishing packages are available at an additional price, making these units ready for immediate occupancy upon completion. Construction on The Orchid is scheduled for completion in late summer of 2010.
With Dubai becoming more and more popular with foreign and domestic investors, causing prices to rise, Ras al Kaihmah offers a chance to invest in an emerging hot spot in the UAE at affordable rates.
If you are interested in learning more about this condo hotel property, request the e-brochure and inventory list for The Orchid in Ras al Kaihmah. We will respond within 24 hours (usually much sooner). Contact us at
info@CondoHotelsDubai.com
or call (305) 944-3090. |
