RAK property continues to draw attention as the emirate records strong price growth. In 2025, Ras Al Khaimah reached Dh12.4 billion in residential sales across 6,600 transactions. Notably, off-plan properties dominated the market, accounting for 85 percent of all deals. Therefore, developers and investors remain focused on future supply.
However, total sales declined compared to the previous year. This drop mainly came from fewer new project launches. Even so, property prices continued to rise steadily. Apartment prices increased by 13.4 percent year on year. Meanwhile, villa prices climbed by 9.7 percent. As a result, the market showed resilience despite lower transaction volumes.
Rental rates moved upward across the emirate. Apartment rents rose by 10.2 percent over the year. Similarly, villa rents increased by 8.7 percent. Consequently, landlords benefited from growing demand and limited supply. At the same time, population growth supported rental activity.
Moreover, developers delivered around 1,200 new homes during 2025. Looking ahead, another 1,300 units will enter the market in 2026. Furthermore, developers plan to add 1,900 homes in 2027. By 2028, supply will surge sharply with 5,200 new units expected. Altogether, 8,400 homes will come online within three years.
At the end of the year, off-plan homes carried higher prices than ready units. On average, buyers paid Dh1.98 million for off-plan properties. In contrast, ready homes averaged Dh1.16 million. Therefore, buyers showed confidence in future developments despite higher costs.
RAK property continues to benefit from strong economic fundamentals. Business activity remains steady, supported by new company formations. In addition, infrastructure improvements attract more residents and investors. As a result, demand for housing continues to grow across different segments.
Importantly, a major resort project will likely boost future demand. Wynn Al Marjan Island plans to open in 2027. This development will attract tourists and create new jobs. Consequently, it will increase demand for residential properties nearby.
Although construction faced brief delays earlier, work has resumed steadily. Developers remain committed to meeting deadlines and maintaining progress. Therefore, confidence in the project remains strong among investors.
RAK property stands at a key point in its growth cycle. While sales slowed, prices and rents continued to rise. Ultimately, the market reflects stability and long-term potential driven by development and investment activity.
