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RAK Real Estate Market Review 2025

Activity in RAK’s real estate sector continues, driven by surging demand for residential properties

May 18, 2025 10 Minute Read

Ras Al Khaimah’s economy is forecast to grow 4% annually through 2027. Growth is supported by tourism, real estate, and transformative investments like the Wynn Resort, with strong credit ratings and a diversified, non-oil-dependent economic base.
Residential sector in Ras Al Khaimah saw a 39% year-on-year price increase in Q1 2025. Luxury and branded developments, especially on Al Marjan Island, drove demand. Over AED 2.4 billion in off-plan sales were recorded, with branded residences expected to comprise 25% of future supply.
Ras Al Khaimah welcomed 1.3 million visitors in 2024, progressing toward its 2030 target of 3 million annually. The first quarter of 2025 saw record hotel performance, fueled by rising domestic and international tourism, luxury hotel openings, and the Emirate’s positioning as a premium leisure destination with robust development momentum.
Ras Al Khaimah is poised for substantial growth, backed by a diversified economy, luxury development pipeline, and rising investor confidence. The Emirate is strategically positioning itself as a premier global destination for high-end tourism and long-term economic expansion.

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