Ras Al Khaimah’s real estate

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sector is booming, ranking as one of the region’s fastest-expanding markets, experts report.

The Ras Al Khaimah property market is witnessing record growth, with experts calling it one of the fastest-rising in the UAE.

As the emirate builds a strong and diversified economy, it is transforming its skyline through an ambitious strategy centered on sustainability, smart urban planning, enhanced quality of life for citizens and residents, and world-class developments.

Over the past three years, Ras Al Khaimah has seen sharp increases in property sales and prices, fueled by a surge in hospitality, commercial, and residential projects. With the population projected to rise from 0.4 million to 0.65 million by 2030, demand is expected for around 45,000 new residential units. This momentum is supported by a diversified economy, investor-friendly regulations, and the presence of major global developers such as Emaar, Aldar, and Ellington, alongside local leaders Marjan, Al Hamra, and RAK Properties.

Led by CEO Eng. Abdullah Al Abdooli, Al Marjan Island has emerged as a flagship waterfront destination, hosting ultra-luxury brands such as Wynn, JW Marriott, Nobu, Missoni, and The Address, and positioning itself at the forefront of Ras Al Khaimah’s transformation. As part of its expansion strategy, Marjan is developing RAK Central—a mixed-use hub designed to integrate business, lifestyle, and innovation. Set to become one of the largest commercial districts in the Northern Emirates, the project aligns with the Emirate’s 2030 Vision, emphasizing environmental sustainability through advanced green building practices while delivering world-class Grade-A office spaces.

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