Why Invest in Aqua Arc in Al Marjan Island, Ras Al Khaimah?
Al Marjan Island in Ras Al Khaimah is steadily getting on the radar for those who are looking forward to profitable real estate investment. The breathtaking scenic beauty of the island along with the technologically-advanced infrastructure has paved the way for luxurious residential units of epic proportions. One such property that has been garnering favorable reviews and attention worldwide is Aqua Arc developed by BNW Developments.
One of the most promising real estate developments of current times in the UAE, Aqua Arc fulfills all the requirements that make a residential space a favorable one. Providing modern amenities for nurturing an urban lifestyle with picturesque views, this is more than just a profitable investment. It is the home of dreams. Let us get to know why investing in this property is worth your hard-earned money.
About Aqua Arc at Al Marjan Island
Aqua Arc is a real estate development project by BNW Developments and is located on the majestic Al Marjan Island in Ras Al Khaimah. Offering a wide range of residential and commercial units, this property puts sustainability at the forefront of its innovative design. With modern amenities and access to major hubs around the city, this property reflects our commitment to providing an outstanding urban living environment.
There are 226 units on offer for sale including 120 one-bedroom units, 69 two-bedroom units, 26 three-bedroom units, eight townhouses, two penthouses, and one retail unit. The units have a starting price of AED 2.3 million and the handover date of Aqua Arc is set at June 2027. With a building configuration of twin towers and a G+12 design, the property has a unique and captivating exterior.
The property is powered with the urban amenities you need to make your life comfortable, convenient, and cozy. From swimming pools to a kid's splash pad, from the games room to an amphitheater, from a tennis court to BBQ areas, you name it and we have it.
Being close to reputed educational and healthcare centers makes it a perfect space for families to live their best lives. In what can be described as a serene oasis, Aqua Arc has meticulously crafted minute details of every aspect to ensure you get a living space of timeless quality and contemporary allure.
7 Reasons to Invest in Aqua Arc by BNW Developments
If you are considering investing in a high-end luxury residential property, then Aqua Arc should be pretty high on your list. Here are seven reasons as to why investing in Aqua Arc is a smart choice.
Strategic Location
The location of a property makes or breaks its investment potential. So, let’s start with this aspect. Located on Al Marjan Island in Ras Al Khaimah, Aqua Arc offers seamless navigation to the major junctures all across the city and offers a wide network of transportation.
Being in the northernmost emirate, it has ease of access to international trade, being at the crossroads of Asia, Africa, and Europe. This strategic advantage makes it a prime hub that ensures it will never fade in value as the island employs a booming tourism, hospitality, and manufacturing sector.
Not only it is nestled within a safe integrated community but it is also in proximity to a wide variety of recreational hubs. Al Hamra Mall, Al Marjan Island Beach, Ras Al Khaimah Corniche, Iceland Water Park, and Al Hamra Marina & Yacht Club are all within a 10-20 minute drive away.
Luxury Residences
Aqua Arc leaves no stone unturned in fulfilling the dream of living the ultimate opulent lifestyle in the posh setting of Al Marjan Island through its high-end luxury apartments, townhouses, and penthouses. With an eclectic range of residential units, the world is your oyster at Aqua Arc. It exemplifies the spirit of the UAE by imbibing the modern ethos into its construction.
By meticulously crafting exemplary architectural values and equipping the property with bespoke amenities, Aqua Arc helps bring an unmatched sophistication to its living space. It truly stands as a beacon of classic elegance and transcends the boundaries of luxury through each of its residential units. With a design that is going to prevail through time, investing in this property is the gateway to a luxury lifestyle.
Affordable Property Prices
The price point of Aqua Arc in Ras Al Khaimah when compared to the features and amenities along with the strategic location it provides, helps maintain affordability. When compared to the prices of similar properties in a prime market such as Dubai, you will find that Aqua Arc is a much more affordable deal.
With the bright future of the real estate market of Al Marjan Island, Aqua Arc will experience value appreciation over the years, making your investment in it a smart one. Investing in Al Marjan Island is, therefore, a profitable choice as the booming tourism industry and favorable business climate will keep your property relevant in the real estate market.
Flexible Payment Plans
The Aqua Arc payment plan is based on a compartmentalized system and ensures affordability. Interested investors can breathe a sigh of relief as purchasing it won’t burn a hole in their pockets. The minimum down payment for Aqua Arc is 10% followed by a 5% payment every quarter.
With just a 10% down payment on booking, 50% payment during the construction stage, 10% payment on handover, and the final 30% payment post-handover through a series of installments, there is less financial strain on investors. This flexible payment plan allows investors to manage their finances better and makes for an economical investment.
Nearby Facilities
Aqua Arc by BNW Developments in Al Marjan Island is blessed with exceptional facilities not only through its state-of-the-art amenities but also through quick access to everyday lifestyle requirements. Highly sought-after educational institutions near the property such as Ras Al Khaimah American Academy, The International School of Choueifat - Ras Al Khaimah, and Scholars Indian School, among others, make it ideal for families with children who have to commute to schools daily.
In addition, nearby healthcare facilities provide a wide range of medical services and emergency care through its hospitals, clinics, and wellness centers. Comprehensive healthcare facilities around the property promote a healthy lifestyle through various health programs and activities.
As far as recreation is concerned, you get quick access to a plethora of internationally acclaimed restaurants for brunching and dining out. The presence of a dynamic retail sector in the form of high-end shopping malls takes care of your weekend day-out plans perfectly.
High Rental Yields
Al Marjan Island has an evergreen tourism industry that ensures an inflow of profitable turnouts by tourists around the year. As such, the hospitality industry and real estate industry work in tandem catering to the lavish needs of the tourists. This has led to high rental yields of the properties on the island which makes for profitable investment. Consistent returns are key aspects of the real estate market of Ras Al Khaimah, especially in Al Marjan Island.
Furthermore, the recent influx of a wide range of industries has generated immense employment in the area, leading to a steady increase in settlement on the island. Working professionals are always looking for rental properties in this archipelago. This means if you put your property on rent, you can capitalize on a steady and handsome source of income for years to come.
Golden Visa
Foreign nationals will be happy to know that investing in Aqua Arc will not only give you access to a luxurious lifestyle in a strategic location but will also open the doors for long-term residence in the UAE. Investing in properties in the UAE worth more than AED 2 million makes you eligible for the highly beneficial UAE Golden Visa. Since Aqua Arc has a starting price of AED 2.3 million, it checks the box.
By holding this visa, you can get a long-term residency without requiring a sponsor. This visa is renewable upon expiry and can be used to sponsor your family members as well, including your spouse and children, irrespective of their ages. You can also use this visa to sponsor an unlimited number of domestic helpers.
In the event of the death of the holder of the UAE Golden Visa, their family members can still reside in the UAE until the expiry of the permit duration. Furthermore, this visa grants the holder the option to reside outside the UAE for more than the usual six-month period without losing the validity of their visa.
Life at Al Marjan Island
The integrated community lifestyle of Al Marjan Island makes it an apt place for families to thrive. With an increased focus on safety, convenience, and a sense of belonging, there are ample avenues for fostering social connections through shared public spaces and camaraderie on this island. The presence of a supportive community atmosphere accentuates the quality of life for the residents here.
Furthermore, there is easy access to high-quality education and healthcare facilities. The real estate sector of the island has contributed to the building of ultra-luxurious residential and commercial units that help nurture the perfect island urban lifestyle.
Not to forget, sustainability is at the forefront of the spirit of Al Marjan Island. The existence of vast green spaces and natural reserves within an urban layout helps in the protection of the environment as well as in preserving biodiversity, allowing you to breathe fresh air in your surroundings.
Conclusion
BNW Aqua Arc signifies the essence of an opulent lifestyle amidst the tranquil shores of Ras Al Khaimah. With the pristine coastline as a backdrop, you are treated to an uninterrupted magical view. The bespoke amenities and nearby facilities make this property a must-grab one!
The fact that it offers a flexible payment plan makes investing in it even easier. This is one of the most lucrative investments in the real estate market of Ras Al Khaimah and its high rental yields do attest to its feasibility. Come and explore this sanctuary and witness luxury at its prime.
FAQs
Commonly Asked Questions about Aqua Arc
Why should I invest in Ras Al Khaimah?
Ras Al Khaimah’s proximity to the global markets of Asia, Africa, and Europe puts it at the forefront of international trade. Its well-developed transport infrastructure facilitates efficient cargo handling and distribution, making it the perfect hub for logistics and trade. Furthermore, its scenic beauty and historical significance add to its charm as a sought-after tourist destination.
All these have piqued a surge in interest in its real estate from investors all across the globe. Given the high rental yields and capital gains from the real estate market of this emirate, it provides all the correct reasons to invest in it.
What are some key features of the Aqua Arc project?
Some of the key features of the Aqua Arc project include a diverse set of residential units for investors to choose from. There are 1-2-3-bedroom apartments as well as penthouses and townhouses on offer. In addition, the project also allows you to invest in retail units. All of the units offered at Aqua Arc are equipped with modern amenities and eco-friendly materials.
Can I book an Aqua Arc unit directly from the developer?
Yes, you can book Aqua Arc directly from the developer. In fact, doing so will also allow you to reap numerous benefits from the buying process. You get more customization options as well as better monetary incentives. In addition, you can rest assured of transparent transactions that are done in compliance with a legal framework.
When is Aqua Arc getting completed?
Aqua Arc at Al Marjan Island, Ras Al Khaimah, is expected to be completed by June 2027.
How do BNW Developments ensure the timely completion of its projects?
BNW Developments employs a highly efficient project management team to ensure timely completion of all its projects. Its strict adherence to timeliness without compromising the quality of its projects helps in making sure the projects are not only completed in time but are also on par with the highest quality of industrial standards. The close collaboration with contractors and stakeholders further encourages the maintenance of handover dates.