According to the latest ValuStrat Price Index (VPI) report, Ras Al Khaimah’s freehold residential sector has shown impressive performance, recording a quarterly growth of 4.3 percent and reaching 122.2 points relative to the base quarter Q1 2024.
The market’s dynamics reveal nuanced growth patterns across different property segments:
- Apartments demonstrated stronger momentum, rising 15.5 percent year-on-year with average capital values of AED1.18 million
- Villas experienced a slightly moderated growth of 13.8 percent annually, with average capital values of AED2.28 million
Key apartment locations like Al Marjan Island led the growth, with values increasing 16.8 percent annually. Other strong-performing areas included Al Hamra and Mina Al Arab.
Off-Plan Dominance
Off-plan freehold residential units were the primary driver of sales activity in the first nine months of 2025, comprising 84 percent of total transactions. These sales:
- Exceeded 4,100 units sold
- Generated over AED8.2 billion
- Had an average transaction size of AED2 million
In contrast, only 776 ready homes were registered, totaling AED909 million with an average transaction size of AED1.6 million.
Market Outlook
The Ras Al Khaimah real estate market remains robust, supported by:
- Strong demand for off-plan properties
- Continued capital appreciation
- Healthy gross rental yields averaging 5.4 percent
Investors continue to show keen interest in key developing areas like Al Marjan Island, Al Hamra, and Mina Al Arab, suggesting continued market dynamism.
