If you are a tiny desert city surrounded by the exploding architectural gems of Dubai and capital city Abu Dhabi, what do you do? You go big.
Only 250,000 people live in Ras Al Khaimah, but they plan to erect a huge urban development with the hopes that they will attract some of the attention paid to other surrounding areas.
The development is being driven by Rakeen and will form a leading real estate development company with a view to create unprecedented and iconic projects in the UAE, taking Ras Al Khaimah to a sustainable, eco-friendly destination.
Urban Desert Developments
Ras Al Khaimah Financial City
Trend Themes
1. Urban Developments - Disruptive innovations opportunities arise in creating sustainable and eco-friendly urban developments in small desert cities surrounded by larger metropolitan areas.
2. Real Estate Development - Disruptive innovation opportunities exist in the real estate industry by creating unprecedented and iconic projects in underdeveloped regions, such as Ras Al Khaimah.
3. Eco-friendly Destinations - Eco-tourism and sustainable travel hold disruptive innovation potential for creating environmentally conscious destinations in small desert cities.
Industry Implications
1. Construction - The construction industry can leverage disruptive innovation opportunities by building large-scale urban developments in underdeveloped areas like Ras Al Khaimah.
2. Real Estate - The real estate industry can tap into the disruptive innovation potential by investing in sustainable and eco-friendly projects in small desert cities to attract attention and visitors.
3. Tourism - The tourism industry has disruptive innovation opportunities in creating eco-friendly destinations in small desert cities like Ras Al Khaimah to attract environmentally conscious travelers.