i think he meant that he wanted valuable info and then came to this forum and found it, then made his purchase.

you are right

Thanks Richie83 for clarifying my point, that is what I meant. I made my purchase only after checking this site and the info here confirmed what I ready knew from various other sources.

Hi Guys,

I am new to investing in the area. I was looking at Ajman or RAK. I plan on visiting the area in a few months. Any heads up, are the 2 places similar at all? Which do you think would be a better place to invest, keeping in mind that I am looking for an investment that will double up as a nice place to have a short holiday.
To that end, I came across a project in RAK called Royal Breeze. Any thoughts? Also any idea about the price?

no problem. out of interest, what do you think of pacific? any interesting you could share which we might not know?

What got me interested in RAK in general is an advise I received from a guy that I know who works in a treasury department in one of the big corporates here in Saudi. He basically told me that they are investing in RAK with billions worth of AED financing the various constructions going on there (I don’t' think Pacific is one of them). According to him RAK is the next Dubai.

The reason I selected Pacific project is mainly because I felt comfortable with their service level. I made various purchases before in the gulf but nothing beats these guys. The only problem is that they are too efficient and always a head of you in terms of the whole purchase process. I believe prices have already gone up by 4%. That's the info I got but if you are after anything specific let me know I might be able to get for you.

cheers,
Kimo

I was on same situation as yours, wasn’t sure which one to choose between Ajman(much cheaper than RAK) and RAK but I concluded to go with RAK for the following reasons:

* RAK is waterfront/Resort
* RAK is tourist attraction place
* RAK's government has better vision and plan
* Ajman infrastructure is not as developed

I have not been to the two places but this info is collected from friends who have been there and helped me in making my decision. Hope this helps.

Kimo

Kimo,

thanks a lot, helps a great deal. had a few quick questions.
what are the average prices, Ajman vs RAK?
have you heard of Royal Breeze?
which project did you finally opt for in RAK?

your advice is appreciated//

thanks//

I agree about Select Property. They are excellent and they made my first overseas purchase stress free and reassuring. As stated, very efficient, but if that's all to worry about then................! I am really excited about growth in RAK, its got the potential to be amazing - quality over quantity. I currently live in Dubai and it is impressive but RAK and its development plans will have the eventual edge! Have you seen the artist impressions of the convention centre? Awesome!!!

From what I know Ajman is about 500/SFT and RAK is about 1000/SFT.
Yes, I heard about RB but sorry I don't have much info on it.
As stated earlier I opted for Pacific.

Kimo