Ras Al Khaimah’s real estate market is poised for significant expansion, with projections indicating that the emirate’s property stock will double by 2030. This growth is driven by a combination of factors, including a projected population increase to 650,000 residents, the development of major infrastructure projects like the Wynn Al Marjan Island resort, and a surge in investor interest. In 2024 alone, the real estate sector witnessed a 118% increase in transactions, totaling AED 15.08 billion, underscoring the emirate’s rising appeal among both local and international investors
The influx of high-net-worth individuals and the establishment of over 13,000 new companies in the Ras Al Khaimah Economic Zone in 2024 have further fueled demand for residential and commercial properties. Developers are responding by launching new projects, particularly in areas like Al Marjan Island and RAK Central, to cater to the growing need for luxury living spaces and branded residences . With strategic developments and supportive government policies in place, Ras Al Khaimah is well-positioned to become a leading real estate investment destination in the UAE.
