Range Developments — Making RAK Accessible to More Investors

Who Are Range Developments?

Range Developments is a UAE-based developer with a strong presence in Ras Al Khaimah, focused on delivering residential communities at price points that make the RAK market accessible to first-time buyers and entry-level investors. While BNW and Richmind compete for headline-grabbing branded luxury, Range has identified a real gap: the large pool of international buyers who are genuinely interested in RAK's investment story but find the AED 1.5–3M+ entry prices of premium Al Marjan launches beyond their initial budget.

Range's communities are typically positioned in established RAK locations — well-connected to the emirate's infrastructure, close to existing amenities — at prices where investors can achieve strong percentage yields on lower absolute capital commitment. Studios and one-bedrooms in the AED 400K–700K range, generating rental yields of 7–9%, represent the core of their product offering.

The Investment Logic

Range's value proposition is clear: higher yield percentages on lower entry prices. An AED 500,000 studio generating AED 40,000 per year in rent produces an 8% gross yield — a return that is competitive with Dubai's most talked-about investment areas and achievable in RAK without the Dubai premium attached to every transaction.

For investors building a UAE property portfolio rather than making a single trophy purchase, Range's products offer diversification — the ability to own two or three RAK properties at the cost of a single Al Marjan Island off-plan unit. Multiple smaller assets generating individual yields can outperform a single premium property in total return terms, particularly if the premium market experiences a correction after the Wynn opening.

Key Projects

Range's RAK portfolio spans several communities including apartment developments in Mina Al Arab, Al Hamra, and RAK's established residential zones. Their projects consistently offer among the most competitive price-per-square-foot rates in the emirate, attractive payment plans designed for international buyers, and management services that make hands-off investment practical for overseas owners. The company has built relationships with a network of international property brokers — particularly in the UK, Europe and India — that brings a consistent stream of motivated, pre-educated buyers to their launches.