Retail property prices in Ras Al Khaimah (RAK) recorded dramatic year-on-year gains in the first half of 2026, with Al Marjan Island averaging AED 19.7 million per unit – up 348% – and RAK Central rising 254% to AED 11.9 million, according to Property Finder data.
Al Hamra Village retail prices grew a more moderate 44% to AED 2.4 million. Rental markets were equally buoyant: Mina Al Arab retail rents jumped 109.9% to AED 187,490, while Al Qusaidat rose 83.3%.
In Dubai, office rents climbed strongly across major business districts, with JLT up 30.6% to AED 475,870 and Sheikh Zayed Road up 14.5% to AED 578,394; Deira retail rents surged 61.5%. Abu Dhabi's Khalifa City retail rents rose 17.1%, while Al Reem Island office sale prices grew 28%. Sharjah's Al Majaz office rents led that market with a 64.4% increase. The data reflects broad-based commercial property momentum across the UAE, though performance varied by location, asset type, and listing composition.
Gulf Economist Staff Writer