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From AED 870K (USD 237K)
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Ready to move In
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Payment Plan 30/70 or 20/80
About Gateway Residence II
Gateway Residence II offers luxury studios and 1–3 bedroom apartments that provide stunning panoramic views of the emirate.
The first casino in the UAE will be built on the island.
There is a swimming pool, a gym and a children's playground right on the territory of the project. There is a marina, a picturesque promenade, cafes and fine restaurants by the water, as well as 1 mi long beaches and a mangrove forest next to Gateway Residence II. There is also a concierge service that is available to everyone at any time of the day.
Medical and educational institutions are located 10-15 minutes away by car from the residential complex: Aljazeera Health Center, RAK Academy-British School Al Hamra-BSH and Al Hamra Nursery.
Economic appealfor investors
The first casino in the UAE will be built on the island, so the residences will be in demand for short-term holiday rentals all year round. The ROI in the Gateway Residence II project is 6.5%. The rental price for apartments in the complex starts from AED 42.5K (USD 12K) per year. By buying property in Gateway Residence II, you will be able to obtain a residence visa for 2 years. If the value of the property is AED 2M (USD 545K) or higher, the buyer is entitled to a 10-year Golden visa.
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About the developer
The company is known for such projects as MINA AL ARAB and Julphar Tower.
Location & Advantages
The residences will be located on a picturesque island in Ras Al Khaimah. Travel time to Ras Al Khaimah International Airport takes 25 minutes by car and Dubai International Airport can be reached in 45 minutes.
Metropolitan Group
With over 16+ years of experience, Metropolitan Group is one of the largest and most reliable agencies in the UAE. Our offices are located in Dubai, Abu Dhabi and Vienna.
No 4 Emaar Properties’ Broker Awards - 2023
No 1 Black Onyx Awards, Dubai Properties and Meraas Holding - 2023
No 1 Top Partner Metropolitan Premium properties - 2023
No 3 DAMAC Broker Awards Metropolitan Premium Proprties - 2023