The real estate market in Ras Al Khaimah (RAK) showed a staggering growth last month, attracting both local and international investors.
Key highlights mentioned in our monthly report includes:
- Sales values of 717 Mil AED (equivalent to 195.3 Mil $)
- 195% increase compared to September last year (243 Mil AED)
- Al Marjan Island recorded an impressive transaction with freehold land worth 304 Mil AED (or 82.8 Mil $)
- 16% increase vs previous month August'24, in sales values for transactions with villas and apartments in freehold properties
The consistent demand in residential sector is driven by the emirate’s attractive lifestyle offerings and competitive pricing against other developed emirates.
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 September '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?