Apartments vs. Villas in Ras Al Khaimah: Find Your Perfect Property Match!

May 7, 2024
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Real Estate

Find your perfect urban allure in the vibrant real estate landscape of Ras Al Khaimah where the property market allows you to make your choice between apartments and villas. These two property types are highly burgeoning. So, in this blog, I will discuss some distinctive features of these two property types which will help you to understand picking the right option that matches your requirements.  

Difference between apartment and villa 

Let’s first understand the difference between apartments and villas. Both the residences are quite different in size. 

  • Villa properties are larger in size whereas apartments are smaller and quite compact. Villas hold stand-alone status and frequently come in individually without sharing any common wall. 
  • Whereas apartments are built in a plot with high-rise and low-rise status and come in gated communities, and share a common wall.  
  • Location-, wise apartments are developed within the city and keep you connected with all primary places of the city, which saves time
  • villa properties are always built in tranquil areas and mostly far away from the city so although you enjoy the serene ambience still you have to commute to the city daily. 
  • Villa gives you more privacy and has its own amenities 
  • Apartment amenities are shared, you will enjoy a community life in this type of residence
  • Apartments generate more ROI as compared to Villa residences and in case you want to resale then apartment resale quickly. 

Prices Of Apartments In Ras Al Khaimah 

As per the recent data 1-bed apartments would cost you between AED 20,000 to AED 40,000 annually. Similarly, a 2-bed apartment would cost you between AED 6,000 AED to 15,000 per month. 

Prices Of Villa In Ras Al Khaimah 

Generally, the Villa property starts from AED 1 million, a 2-bed villa starting price is AED 1.4 million, a 3-bed villa price is AED 1.4 million, likewise a 4-bed villa price is AED 2 million and 5-bed villa price is AED 3.2 million. 

The Best Area To Buy Apartments In Ras Al Khaimah 

If you are planning to buy properties in Ras Al Khaimah then, you can consider this area like Al Hamra Village , Al Marjan Island, Mina Al Arab , Yasmin Village and Al Seer. 

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The Best Area To Buy Villa Properties In Ras Al Khaimah 

For buying villa properties you can consider Al Hamra Village , Mina Al Arab and Al Marjan Island, and these are the areas where you will find various types of villas in sizes as well as in prices. 

ROI (Return on Investment) 

The average ROI of an apartment is 9.44% to 6.95% similarly villa properties' average ROI is 6%. Hence, if you are looking from an investment standpoint then apartments are the best options. 

Conclusion 

In the above-mentioned comparison, villa property offers quite a private and more comfortable lifestyle, where you can enjoy endless high-end conveniences without anyone’s interruptions. The same facilities you can’t get in an apartment but both properties have their different USPs and provide distinctive advantages. So, it entirely depends on you and your preferences and budget. Still, if you are considering investment purposes then must go for an apartment, otherwise, a villa property will be the best choice to live a more comfortable life.

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