Ras Al Khaimah property market surges as branded residences and luxury projects drive growth

Real Estate

Ras Al Khaimah property market surges as branded residences and luxury projects drive growth

Ras Al Khaimah’s (RAK) real estate market is experiencing unprecedented momentum, driven by a wave of branded residences, luxury developments, and record investor demand. Metropolitan Premium Properties (MPP), one of the UAE’s largest and most trusted real estate agencies, has reported exceptional growth in 2025, with property transactions in RAK soaring 250% year-on-year during the first nine months of the year.

This performance reflects the emirate’s broader property boom — real estate activity reached AED 13.06 billion ($3.56 billion) in the first quarter of 2025, marking an 862% increase from AED 1.36 billion ($370 million) in Q1 2017, according to the RAK Statistics Centre. MPP data shows prices have climbed by 10–15% year-to-date, while apartment and villa sales are up 15–20% compared to Q3 2024.

The strongest demand is concentrated in Al Marjan Island, Mina, Al Hamra Village, and RAK Central, where landmark developments continue to transform the market landscape.

“Ras Al Khaimah has emerged as one of the UAE’s most dynamic investment destinations, with price growth of around 30–50% in several areas, especially in premium off-plan and branded residences,” said Maxim Novikov, Head of the RAK branch at Metropolitan Premium Properties. “With world-class projects such as Anantara Residences and ENTA MINA by RAK Properties, Fairmont Residences by Ardee Developments, and Soto Grande by Ellington, alongside major infrastructure upgrades and the upcoming Wynn resort, RAK is attracting serious attention from global investors. We believe this is only the beginning of the emirate’s real estate growth story.”

Key Market Trends

Off-plan properties dominate: 95% of all transactions are off-plan.
Strong re-sale momentum: Increased investor confidence is fueling off-plan re-sales.
New master communities: Projects such as Marjan Beach, Maireed Island, and RAK Central are expanding the emirate’s urban footprint.
Rising international interest: Investors from India, Europe, and the United States are increasingly active in the market.

Novikov noted that 2025 has been a “milestone year” for RAK real estate, with the highest sales concentrated in Marjan, followed by Mina, Al Hamra, and RAK Central. Developers are differentiating through globally branded residences, premium designer interiors, and flexible post-handover payment plans.

“The fundamentals remain incredibly strong,” he added. “Ras Al Khaimah’s mix of natural beauty, cultural richness, and economic resilience makes it unique among UAE destinations. The emirate’s growth story is only beginning.”

Notable Developments Shaping RAK’s Future

ENTA Mina: A first-of-its-kind branded residence featuring 2,000 sqm of coworking space, promoting the “Live. Work. Belong.” lifestyle concept.
Anantara Residences by RAK Properties: A luxury beachfront development introducing the prestigious Anantara brand to the emirate.
Fairmont Residences by Ardee Developments: Offering globally inspired, high-end branded living.
Soleva by Al Huzaifa Properties: Delivering premium furnished residences with signature design elements.

Upcoming launches including Palazzo Tissoli, Mondrian Residences, Hard Rock Hotel, Four Seasons, and Armani Villas further reinforce Ras Al Khaimah’s position as a leading luxury and investment hub.

Looking ahead, MPP expects the fourth quarter of 2025 to be the most active period for real estate transactions. The firm was also appointed as the master broker for the ENTA MINA project in Mina, underscoring its commitment to introducing distinctive investment opportunities in Ras Al Khaimah’s fast-evolving market.