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The property market in Ras Al Khaimah (RAK) is experiencing record highs in 2025, as residential prices and rents surge due to strong demand. According to a recent CBRE report, average apartment values have jumped to AED 1,684 per square foot, while villas are trading around AED 1,145 per square foot – marking a roughly 39% year-on-year increase in benchmark values.
Developers are responding with new projects and ambitious launches. RAK Properties, one of the leading developers in the emirate, nearly doubled its second-quarter profits to Dh92.6 million, boosted by international interest and strong sales across branded and luxury offerings. The company expects to hit Dh3 billion in total sales by year-end, supported by rising investor confidence and landmark developments like the Wynn Resorts project on Al Marjan Island.
The appeal of RAK’s property market is spreading beyond traditional local buyers, drawing investors from Europe, Central Asia, and other regions seeking value and lifestyle. Experts attribute the boom to preferred pricing compared with Dubai, improved infrastructure, and rising tourism, complemented by regulatory incentives. Demand for waterfront communities such as Al Marjan Island, Al Hamra, and Mina Al Arab is especially strong.
Rental growth is also rising sharply. Apartment rents rose by more than 20% in many areas, while villa rents have seen more modest gains, around 5-6%. Limited new supply is a contributing factor; only hundreds of units have been delivered so far this year, which risks constraining options and pushing prices further.
Despite the rapid growth, analysts caution that much of the recent price inflation comes from premium and branded launches rather than incremental gains in older or mid-segment stock. For many prospective buyers, value lies in looking slightly beyond the glitziest projects or considering off-plan opportunities.
The Wynn Resorts development, scheduled to open in early 2027 on Al Marjan Island, is seen as a major future catalyst. It is expected to reshape real estate demand curves both there and in neighbouring zones, with spill-over effects in Mina Al Arab, Al Hamra, and the emerging Beach District.
Moving forward, fundamentals like tourism growth, foreign investment, and economic diversification are likely to sustain the momentum. RAK’s GDP is projected to grow at an annual rate of about 4% from 2024 to 2027, supported by non-oil sectors and policy reforms.  Buyers and investors who enter now may benefit from both capital appreciation and strong rental yields, particularly in projects that offer both amenity quality and proximity to growth nodes.
Premium project launches, international investment, improved infrastructure and pricing advantage versus Dubai are key drivers.
Apartment values have increased to around AED 1,684/sq.ft., approximately 39% year-on-year.
Apartments have seen rent increases over 20%, while villa rents have risen around 5-6%.
Al Marjan Island, Al Hamra, Mina Al Arab and the Beach District are drawing strong demand, especially for luxury & branded developments.
The Wynn Resorts project (2027 opening), shortage of new inventory, foreign investor interest and further economic growth are expected to majorly shape coming years.
