Prime Highlights
- Ras Al Khaimah recorded AED12.4 billion in property sales with strong off-plan demand.
- Prices and rents increased, reflecting steady investor and buyer interest.
Key Facts
- Cavendish Maxwell is a real estate consultancy that tracks market performance.
- Around 8,400 new residential units are planned in Ras Al Khaimah over the next three years.
Background
Ras Al Khaimah recorded strong real estate activity in 2025, with property sales reaching AED12.4 billion across 6,600 residential transactions, according to Cavendish Maxwell. The report, released in the fourth week of April, showed that off-plan properties made up about 85% of all deals, reflecting strong demand for upcoming projects.
Property prices continued to rise during the year. Prices of apartments have grown more than 13 % annually, and the prices of villas have grown nearly 10 % annually. The average cost of an off-plan property was almost AED2 million, and the price of ready properties was lower, estimated at AED1.16 million.
There was also an upward trend in rental rates, with the addition of apartment rents by slightly over 10 % and villa rents by almost 9 %. The report attributed this growth to more business activities, a growing population and consistent investment in the emirate.
The supply is high, approximately 1,200 new homes were supplied in the previous year. Another 1,300 units are expected in 2026, followed by 1,900 in 2027 and a sharp increase to over 5,000 units in 2028. In total, about 8,400 homes are planned over the next three years.
Despite strong fundamentals, overall residential sales declined compared to the previous year due to fewer new project launches. The number of off-plan purchases has been reduced by more than 17%, whereas that of ready properties has declined by close to 19%.
The experts of the industry state that demand maintains its current level because of two factors, which include competitive pricing, ongoing development work and the increasing number of tourists.
