Ras Al Khaimah records $3.4bn in home sales as off-plan market dominates

Ras Al Khaimah’s residential property market recorded AED12.4bn ($3.4bn) in home sales across 6,600 transactions in 2025, underlining continued investor interest in the northern emirate. The performance reflects sustained demand for emerging lifestyle destinations, waterfront developments, and competitively priced housing options.

Off-plan properties dominated the market, accounting for around 85% of all residential transactions. This trend highlights a growing preference among buyers for new launches, supported by attractive pricing structures and long-term capital appreciation potential. Apartment prices rose by over 13% year-on-year, while villa values increased by nearly 10%, alongside steady rental growth.

Looking ahead, the market is set for further expansion, with approximately 8,400 new residential units scheduled for delivery by 2028. With continued infrastructure upgrades, population growth, and major developments such as Wynn Al Marjan Island on the horizon, Ras Al Khaimah is positioning itself as one of the UAE’s fastest-growing real estate destinations.

This article was originally published in Construction Week.