Ras Al Khaimah's residential property market recorded sustained annual price and rent growth in the first half of 2026, even as quarterly figures signal early moderation. Apartment prices climbed 6.5% year-on-year and villa prices rose nearly 6%, according to Cavendish Maxwell, while apartment rents increased more than 7% and villa rents gained 8% over the same period.
Freehold ready residential transactions reached Dh625.2 million in H1 – up 24% from H2 2025 but 3.3% below H1 2025 levels – with villa values down more than 7% year-on-year and apartment sales largely flat.
Supply is set to ramp up significantly, with 2,200 homes expected in 2026, 4,700 in 2027, and 7,500 in 2028, bringing the total pipeline to 13,800 units. The anticipated autumn 2027 opening of Wynn Al Marjan Island is projected to catalyse additional housing demand, particularly around Al Marjan Island.
Gulf Economist Staff Writer