Ras Al Khaimah Apartment Prices Reach Record Dh2,428 per Sq Ft as Coastal Communities See Strong Growth

Ras Al Khaimah’s residential market achieved impressive growth in 2025, with apartment
prices reaching a record Dh2,428 per sq ft, supported by strong demand, tourism expansion,
and rising interest in prime coastal developments.

Key Highlights:

• Prime apartment prices climbed to a record Dh2,428 per sq ft during 2025.
• Apartment values increased 32% year on year, reflecting strong market momentum.
• Villa prices strengthened to an average of Dh1,211 per sq ft, supported by steady demand.
• Major growth recorded across coastal hotspots including Al Marjan Island, Al Hamra, and Mina Al Arab.
• Apartment rents increased nearly 25% annually as new supply entered key communities.
• Tourism growth supported the market with 1.36 million visitors recorded in 2025.
• Landmark developments such as Wynn Al Marjan Island boosted investor interest and demand.
• Expansion of businesses, with more than 19,000 new companies added to RAKEZ, strengthened the local economy.
• Branded residential launches such as Mondrian Beach Residences, Jacob & Co Residences, and Janu Al Marjan Island elevated the luxury segment.
• Hospitality sector delivered strong performance with improved occupancy, room rates, and revenue per available room.
• Global hospitality brands including Accor, Hilton, Aman Group, and Wynn Resorts are expanding their presence in the emirate.
• Future supply pipeline includes over 9,500 new hotel keys planned between 2026 and 2030.
• Delivery cycles are expected to accelerate from 2027 onward, supporting continued market development.