Ras Al Khaimah's (RAK) real estate market has demonstrated significant growth and resilience, experiencing a notable growth over recent months. Market dynamics have shifted positively, with investors recognizing RAK as an attractive destination for real estate investment.
Key highlights from our monthly report includes:
- 752 Mil AED in sales transactions values (equivalent to 204.9 Mil USD)
- 29% increase compared to last year (582 Mil AED)
- villas seen a higher transactions value to 51 Mil AED from 47.7 Mil AED last year
The emirate's leadership has been proactive in creating a business-friendly atmosphere, facilitating the growth of the sector and the establishment of a more resilient real estate industry.
According to Bloomberg Intelligence news from last year, the UAE could make 6.6 Bil $ in revenue annually from gaming.
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 November '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?