RAK Apartment Prices Hit Record Dh2,428 Per Sq Ft

High-rise residential buildings reflect RAK apartment prices growth in 2025

Ras Al Khaimah’s housing market hit a new peak in 2025 as RAK apartment prices climbed to Dh2,428 per square foot. The jump signals growing investor appetite for coastal and branded developments and a material shift in Emirates-level real estate dynamics.

Apartment Prices Surge 32% in 2025

Apartment values rose 32% year-on-year, according to market reporting. The Dh2,428/sq ft peak was recorded in high-demand coastal communities such as Al Marjan Island, Al Hamra, and Mina Al Arab. Apartment rents also climbed — roughly 25% year-on-year — tightening yields in the short term.

Branded Projects and Tourism Fuel Demand

RAK apartment prices rise sharply in Al Marjan Island beachfront towers

New luxury and branded residential projects — including Mondrian Beach Residences, Jacob & Co Residences, and Janu Al Marjan Island — drew high-net-worth buyers. Major tourism projects, notably the Wynn Al Marjan Island development, helped lift investor confidence. Visitor arrivals reached about 1.36 million in 2025, adding demand for both sales and short-stay lets. Analysts point to rising foreign investment and stronger employment as reinforcing factors.

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Analysts Cite Strong Investor Confidence

“Ras Al Khaimah’s real estate market continues to evolve at an unprecedented pace, supported by a combination of strong macroeconomic fundamentals, record levels of foreign investment, and a maturing property ecosystem,” said Matthew Green, head of research at CBRE MENA.

Andrei Charapenak, CEO of Major Developments, added “Buyers and investors today are looking for stability, infrastructure, and long-term value, and they’re finding that in Ras Al Khaimah.”

Supply Pressures and Market Outlook

RAK apartment prices hit Dh2,428 per sq ft in prime locations

Rapid capital appreciation has widened the gap between sale prices and effective rental yields. Market observers expect that as new inventory is delivered, the supply side will gradually ease short-term rental pressures. However, branded products and tourism-led demand are likely to sustain premium pricing in core submarkets.

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