The emirate of Ras Al Khaimah is witnessing a significant increase in visitors and numerous master development projects, positioning itself as an increasingly attractive real estate market within United Arab Emirates.
Key highlights from our monthly report includes:
- 289 Mil AED (equivalent to 78.7 Mil $) in real estate sales transactions values
- -90% decrease in mortgage values
- 55% increase in overall sales value with villas and apartments vs same month last year
- the visitor arrivals in the emirate saw a 3.2% increase in the first half of 2024 vs first half 2023
This steady demand in the property market is being driven by the emirate’s attractive lifestyle offerings, competitive pricing against other developed emirates, various property types and master projects and location proximity.
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 October '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?