And this will be contributed by the casino, which will be built just a 40-minute drive from Dubai - in Ras Al Khaimah.
The resort, where the opening of the gambling establishment is planned for 2027, will occupy an area of 18,500 square meters and will surpass in size similar casino-hotels in Las Vegas.
Visitors will be able to come here for both day visits and for longer stays. This, in turn, will lead to an increase in the cost of housing both in the resort area itself and in neighboring metropolises, including Dubai.
Even now, it is possible to name several interesting properties where the real estate prices will sharply rise by the time the casino opens, making them very attractive for investments.
It is worth noting that real estate in Ras Al Khaimah is significantly cheaper than in Dubai. However, by 2027, it may also noticeably increase in price. In this case, with minimal investment, you “risk” getting high profits.