Overview

In response to growing interest in the UAE’s stunning Northern Emirate of Ras Al Khaimah, The First Group is proud to unveil a property opportunity - Al Thuraya Tower. Situated in the commercial centre, the tower’s 28 luxurious floors offer a mix of residential and commercial space. The ultra-modern development also includes a helipad, state of the art gymnasium and rooftop swimming pool.

Just a short stroll away lies Ras Al Khaimah’s Free Trade Zone, the fastest growing in the UAE. Set up in 2000, the area is now home to more than 7000 multi-national companies, with plans for a $2 billion expansion over the next 5 years. In 2009, despite the global recession, Ras Al Khaimah’s revenue grew by 14.5% in the second quarter, and is on course to surpass that trend in the coming years.

Ras Al Khaimah’s picturesque backdrop of the sparkling Arabian Gulf and rugged Hajjar Mountains also makes it a compelling global destination, with tourist numbers touching nearly a quarter of a million in 2009. This natural beauty, 100% foreign ownership and tax free lifestyle combine to make Ras Al Khaimah and Al Thuraya Tower a highly lucrative investment choice.