07 January 2025

Ras Al Khaimah Real Estate Market: AED 11.95 Billion Growth and Investor Opportunities

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Record-Breaking Growth in Ras Al Khaimah’s Real Estate

Ras Al Khaimah’s real estate market is witnessing remarkable growth. According to the Ras Al Khaimah Statistics Center, transaction volumes for the first three quarters of 2024 reached AED 11.95 billion, marking a 70% increase compared to 2020.

Andrei Charapenak, CEO of Major Developers, described the emirate as one of the UAE’s most dynamic real estate markets. It stands out for its unique combination of luxury and affordability, offering a high-quality lifestyle at prices significantly lower than those in more established global markets.

Why Ras Al Khaimah Attracts Investors and Residents

One of Ras Al Khaimah’s key advantages is its ability to balance affordability with luxury, making it an attractive destination for both investors and residents.

The limited supply of 20,000 units on Al Marjan Island has positioned the emirate as a lucrative market for real estate investments.

Projects like Manta Bay are particularly appealing due to their competitive pricing and proximity to major attractions, such as the upcoming Wynn Resort, which promises to redefine leisure and hospitality in the region.

A Thriving Rental Market with High Returns

Ras Al Khaimah’s rental market is thriving, supported by a growing expatriate population and steady demand for premium properties.

For example, properties in Manta Bay offer excellent rental income potential. With a conservative occupancy rate of 75%, an apartment rented at AED 1,000 per night for 255 days annually could generate AED 255,000 in rental income.

After deducting management fees, service charges, and other expenses, the net annual income would amount to AED 212,000, delivering an impressive rental ROI of 15%.

The Future of Ras Al Khaimah

The emirate’s rapid rise is supported by significant investments in world-class developments like the Wynn Resort, enhanced international flight connectivity, and a growing focus on sustainable, eco-friendly homes.

These initiatives are transforming Ras Al Khaimah into a premier destination for modern buyers seeking vibrant lifestyles and investors looking for long-term returns.

An Ideal Balance for Investors

With its unique blend of affordability, luxury, and a thriving rental market, Ras Al Khaimah is quickly emerging as one of the UAE’s fastest-growing real estate markets. It is a destination where a superior quality of life meets strong investment opportunities.

Planning to invest? Ras Al Khaimah offers unparalleled potential for capital growth and steady returns. Don’t miss your chance to be part of this thriving market.