Our real estate market report for December 2024, highlights notable shifts in demand within the emirate of Ras Al Khaimah.
Key highlights from our research includes:
- 168 Mil AED in sales transactions values (equivalent to 45.7 Mil USD)
- -29% drop compared to same month last year (237 Mil AED)
- mortgage values increased by 38% to 124 Mil AED (equivalent to almost 34 Mil USD)
- Al Marjan Island area, registered 42 Mil AED in sales transactions
Looking ahead, the real estate market in Ras Al Khaimah is poised for continued development. Upcoming major events attracts more international visitors which will be looking for opportunities in property sector, fueled by master development projects
Our monthly reports, uncovers interesting facts for property investors, development companies, owners and other real estate stakeholders, in relation to the dynamics of the market, based on transactions from RAK Gov data.
Want to request a separate custom research report for a particular area or project in the emirate ? Get in touch!
Ras Al Khaimah December '24 report
- About and key figures about the emirate
- Sales transactions
- Mortgage transactions
- Gifts transactions
- Key trading area
- Land transactions
- Freehold properties transactions
- Latest news and initiatives
- Why Ras Al Khaimah?