Ras Al Khaimah property sales hit $3.38bn across 6,600 deals in 2025 as prices and rents rise
Ras Al Khaimah’s real estate market recorded AED12.4bn ($3.38bn) in residential property sales across 6,600 transactions in 2025, as prices and rental rates continued to rise despite a slowdown in new project launches, according to Cavendish Maxwell.
The emirate’s market remained underpinned by strong fundamentals, with sustained investor demand, population growth and an expanding pipeline of developments supporting long-term growth.
Off-plan properties accounted for 85 per cent of all residential transactions in 2025, highlighting continued investor appetite for new developments.
However, total residential sales declined year-on-year, largely due to fewer project launches compared to 2024.
Off-plan sales were down 17.2 per cent, while transactions involving ready properties fell 18.7 per cent, the Cavendish Maxwell report showed.
Ras Al Khaimah real estate growth
Property prices increased across both apartments and villas, reflecting ongoing demand.
Apartment prices rose 13.4 per cent year-on-year, while villa prices increased by nearly 10 per cent.
By the end of 2025, the average cost of an off-plan unit reached AED1.98m ($539,000), while a ready home averaged AED1.16m ($316,000).
Rental rates also strengthened, with apartment leases rising 10.2 per cent annually and villa rents increasing 8.7 per cent.
The report showed that 1,200 new homes were delivered in Ras Al Khaimah in 2025.
RAK real estate supply
A further 1,300 units are expected in 2026, followed by 1,900 in 2027 and a sharp increase to 5,200 properties in 2028.
In total, 8,400 residential units are scheduled for delivery in Ras Al Khaimah over the next three years.
Yousir Habib, Associate Director at Cavendish Maxwell, said: “Despite this moderation, RAK’s underlying fundamentals stayed strong, with prices rising for both sales and rentals, reflecting continued investor and end-user interest in the emirate’s expanding portfolio of waterfront developments, branded residences, lifestyle offerings and competitive pricing.
“The outlook for 2026 is positive, thanks to macroeconomic conditions, population growth, and sustained buyer demand, subject to external factors including geopolitical developments, which could influence investor sentiment.
“With 8,400 new properties on the way between now and 2028, RAK’s ability to attract and retain residents, alongside continued enhancement of infrastructure, connectivity and amenities will be key to absorption. The Wynn Al Marjan Island, scheduled to open in spring 2027, is expected to be key to demand by boosting tourism, creating new jobs and generating additional demand for housing,” he added.
This article was originally published in Arabian Business.
