More Than a Getaway: RAK Becomes Ground Zero for UAE’s Next Property Boom

Ras Al Khaimah (RAK) is emerging as a prime destination for property buyers in the UAE, with mortgage activity surging over 22,000% from Dh15.8 million in 2017 to Dh3.47 billion by mid-2024. This growth reflects a shift from speculative investments to long-term homeownership, attracting professionals, families, and retirees seeking affordable, sustainable living.

RAK offers a compelling value proposition: property prices remain more accessible than in Dubai or Abu Dhabi, yet residents benefit from beach access, mountain views, and growing infrastructure. For those tired of rising rents or looking for quieter, family-friendly living, the appeal is clear.

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