Ras Al Khaimah’s property sector is demonstrating extraordinary momentum as 2026 begins, characterized by unprecedented investor confidence, transformative destination projects, and substantial increases in both sales values and transaction volumes. By the conclusion of Q2 2025, total real estate sales in the emirate had surpassed Dh2.33 billion, highlighting consistent demand across residential categories alongside expanding off-plan launches and broader market accessibility initiatives.
The growth trajectory has been especially notable in premium coastal communities. Al Hamra Village witnessed average villa prices per square foot surge by approximately 42%, while apartment markets in both Al Hamra and Al Marjan Island recorded impressive double-digit gains, with price increases exceeding 30% and 21% per square foot respectively.
This robust market performance is being propelled by landmark developments including the Wynn Al Marjan integrated resort, anticipated to stimulate long-term tourism and investment flows, alongside mixed-use projects such as RAK Central that are fundamentally reshaping the urban fabric of the emirate. With residential prices climbing 14-15% year-on-year and transaction volumes reaching multi-year peaks, Ras Al Khaimah is rapidly transforming from a niche alternative into one of the UAE’s most compelling growth markets, attracting both end-users and international investors seeking resilient returns.
Several major projects have commenced construction in anticipation of the Wynn launch. ELEVATE has officially broken ground on the highly anticipated Mondrian Al Marjan Island Beach Residences, initiating construction for a landmark residential destination developed in collaboration with Ennismore, the global lifestyle hospitality group behind the Mondrian brand. The development achieved remarkable market success, securing over Dh700 million in sales within just two hours of its launch.
Simultaneously, ATARA Development has commenced construction on The Residences at Sheraton Al Marjan Island Resort, marking a significant milestone for the GCC’s first Sheraton Residences. The beachfront project is progressing steadily under the leadership of ATARA’s in-house construction division, Rakhat Construction, with enabling works underway and 5% of overall progress already completed.
Industry leaders have emphasized the transformative impact of these developments. Arch. Abdulla Al Abdouli, Group CEO of Marjan, noted that these milestones demonstrate the remarkable velocity at which Al Marjan Island is evolving into a world-class destination, significantly contributing to the growing trajectory of Ras Al Khaimah’s real estate and tourism sectors.