Al Seer is a coastal neighbourhood located in the capital city of Ras Al Khaimah. It is an economically developed area that has a mix of residential and commercial buildings. The community is home to many important government facilities, science centres, and cultural institutions. It is a densely populated and vibrant centre with a developed infrastructure. Residents have easy access to retail stores, restaurants, and public transportation stops. Some of the properties are located on the waterfront near the harbour, which adds to the attractiveness of the area.
Al Seer is bordered by Al Nakheel, Dafan Al Nakheel, and Al Mamourah. The community is famous throughout the emirate and includes the Chamber of Commerce and Ibrahim Bin Hamad Obaidullah Hospital, as well as Scholars Indian School, a prominent research facility for developing strategies for the area’s development. In short, Al Seer is a centre for progress that attracts scientists, politicians, and economists. Residents can enjoy a resort-style living environment that caters to an active urban lifestyle. Offices from 300 sq. ft. are popular among tenants, and the government buildings add to the prestige of the commercial properties.
Residential real estate is also represented in the area. Modern complexes offer progressive conveniences. Studios and one-bedroom apartments are in high demand and range in size from 432 sq. ft. to 800 sq. ft. Interiors have laconic designs and picturesque views of the harbour and the centre of Ras Al Khaimah. Residential buildings are equipped with air conditioning, video surveillance, and recycling systems. The first floors have lobbies with waiting areas. Properties also include two- to three-bedroom apartments that have an average size of 1,500 sq. ft. The area is often visited by vacationers and business travellers. There are several nearby hotels, including DoubleTree by Hilton and Action Hotel.
Al Seer has convenient transportation links. Residents have easy access to buses and cabs that run along Al Muntasir Road. The community has a wide selection of stores and supermarkets, including Nesto, Gulf, ABC, and Day to Day Trading. Residents can shop locally for clothing, auto parts, and jewellery. A few of the most popular restaurants include Golden Crown, Lebanese House, Rainbow, the Vegetarian Restaurant, Taj Mahal, and Al Madbut.
Scholars Indian School is a famous educational institution. Residents can also take advantage of Indian Public High School. For medical care, residents can go to Ibrahim Bin Hamad Obaidullah Hospital, Al Zahrawi Hospital, Thumbay Clinic, and Al Ahalia Medical Centre.
Ras Al Khaimah International Airport can be reached within a 20-minute drive of the area.
Al Seer is a hub for vibrant economic development. There is a large concentration of government buildings, cultural centres, and beaches. This diversity ensures that real estate will be in demand among investors. Studios and apartments are the most popular rental units, and there are properties available in the budget segment of the market. Therefore, Al Seer is a great place to invest in real estate and make a profit. Annual rental rates start at AED 17,000 (USD 5,000), and the return on investment rate for a studio is fixed at 9.5%.
*The price is valid for 2021
Union Tower is a 28-storey residential complex located in the city centre. With a height of 102 m, the building stands out among the medium-rise buildings that dominate the area. Properties include studios and one- to two-bedroom apartments. Residents can enjoy parking on the ground floor and a rooftop swimming pool. Units have a starting price of AED 180,000 (USD 49,000) and feature offices with bathrooms and kitchens.
*The price is valid for 2021
RAK Tower is the second most popular neighbourhood project on Al Jazah Road. It is a mixed-use building with 24 floors. Studios have a minimum size of 342 sq. ft., and offices have a minimum size of 300 sq. ft. The tower has a lobby and underground parking. The average annual rental rate for a one-bedroom apartment without furniture is AED 20,000 (USD 5,500).
*The price is valid for 2021
Ghobash Building is a multifunctional building that contains retail outlets, offices, and residential units. It is conveniently located on Sheikh Saqr Bin Mohammed Al Qasimi Road. Apartments have balconies, closed-plan kitchens, laundry rooms, and built-in closets. The average price for a property is AED 200,000 (USD 54,500).
*The price is valid for 2021
The area offers many popular attractions, including the following destinations.
Sign up for our weekly newsletter for market updates!