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RAK Sales values May 24

May 2024 marked a significant surge in the realestate market, in the emirate of Ras Al Khaimah

 

Key highlights mentioned in our monthly report includes:

  • sales values soaring by 135% compared to last year, to 618 Mil AED (equivalent to 168 Mil $)
  • Transaction volume recorded as well an 8% uptick compared to the same period in the previous year, May 2023
  • Properties in the freehold areas have seen transaction values increase by 32% compared to the previous month reaching 111 Mil AED (30 Mil $).

 

This report examines the data and trends driving the evolution of the dynamic real estate market within the emirate.

 

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 seprate custom research report for a particual area or project in the emirate ? Get in touch!

Ras Al Khaimah May '24 report

999.00AEDPrice
    • 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?

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