US$ 60.5 million beach resort called The Cover is the second freehold development project in Ras Al Khaimah. It will cover 50 acres and contain 134 Nubian style furnished chalets and a five-star beach hotel. The hill and island chalets will have access to their own private beach and have their own terraces. With a guaranteed return of 7% per annum, The Cove appeals to holiday makers and investors alike. But what has the resale market been like? Are you an investor who has seen a return on this? Do you have any advice for other investors? Share your views and opinions with others here.

A sea-side premium real estate and tourism project, Al Hamra Village is the first freehold development to be built in the city of Ras Al Khaimah. The US$ 274 million resort and residential development will consist of more than 1,350 residential units, a marina, hotels and a golf course. Located at a distance of 40 minutes from Dubai Airport, Al Hamra Village is built in three phases and will complete by 2007/2008. Investor perception and uptake has been mixed, and returns have not really been published openly. What have you heard about this project, and have you made money on it? Are you still holding your unit and finding it difficult to resale? Open up your thoughts and concerns here.

Mina Al Arab, referred to in English as Port of Arabia or Port Arabia, is a mixed use leisure and holiday beach resort development situated along the beach of Ras Al Khaimah. This US$ 2.7 billion project will cover an area of 30 million sq ft (2.8 million sq m) and consist of 3,500 residential units and 388 residential villas of varied styles. With first phase expected to be completed by 2008, the full project should be ready by 2011. Mina Al Arab is Ras Al Khaimah's answer to Dubai's Palm and Waterfront projects, although not as grand and "loud". What do you feel about this project, and is it a worthwhile investment? Share your thoughts and opinions.