RAK Real Estate Surges with Investor Demand, Tourism Growth: CBRE

Ras Al Khaimah, UAE – September 14, 2025 - Ras Al Khaimah’s real estate sector is experiencing exceptional growth, fueled by a thriving residential market and a robust economic outlook, according to a recent report by CBRE. With a diversified economy, open business environment, and fiscal stability, the emirate is positioning itself as a premier destination for international investors, lifestyle seekers, and luxury tourism.

Economic Growth Fuels Real Estate Demand

Ras Al Khaimah’s economy is on a steady upward path, with GDP growth expected to expand at an annual rate of around 4% through 2027. This expansion is underpinned by strategic investments and a diversified economic base that is not heavily reliant on oil revenues.

The emirate’s stable fiscal policies and openness to foreign investment have strengthened its reputation as a gateway for global business and industry looking to the Middle East as a hub for growth.

This strong economic foundation has translated into sustained demand in the residential real estate sector. Off-plan sales activity, where buyers commit to properties before completion has surged, reflecting growing confidence in the market’s long-term prospects and signaling Ras Al Khaimah’s rising profile as a dynamic real estate destination.

Residential Sector Thrives Amid Luxury Development Boom

The residential property market in Ras Al Khaimah is seeing record growth, driven by increasing investor activity and a wave of new, high-end developments.

Branded residences and luxury projects, particularly on Al Marjan Island, are reshaping the local property landscape. Off-plan sales exceeded USD 653 million (AED 2.4 billion), demonstrating strong demand for premium living spaces.

Branded residences are projected to comprise 25% of future residential supply, reflecting growing demand among buyers seeking internationally recognized brands that deliver both lifestyle and investment value.

The city’s diversified supply pipeline ensures accessibility for a wide range of buyers, from luxury home seekers and expatriates to long-term residents looking for high-quality, modern housing.

Tourism and Hospitality Drive Demand

Tourism continues to play a pivotal role in Ras Al Khaimah’s real estate growth. In 2024, the emirate welcomed 1.3 million visitors, a number projected to rise steadily as it works toward its target of 3 million annual visitors by 2030.

This growth is being driven by enhanced international air connectivity and a strong pipeline of luxury hotels, catering to the increasing number of high-end leisure travelers.

The first quarter of 2025 saw record hotel performance, underscoring the sector’s vital role in the emirate’s diversified economy. The planned opening of Ras Al Khaimah’s first gaming facility is expected to further enhance its reputation as a leading entertainment destination and introduce new opportunities for economic diversification.

Strategic Positioning and Regional Appeal

With its geographic advantage, stable regulatory environment, and rapid development, Ras Al Khaimah is emerging as one of the most attractive real estate investment markets in the Gulf region.

The continued strength of the residential sector, particularly in off-plan and branded developments, demonstrates a well-balanced market with strong growth potential. In addition, the emirate’s booming tourism and hospitality industries are driving demand for both residential and commercial properties.

A Future-Ready Market

As new development projects come online, Ras Al Khaimah is evolving from a rising market into a mature global investment destination, appealing to foreign investors and lifestyle buyers alike.

With its blend of fiscal stability, tourism growth, and luxury real estate offerings, the emirate is well-positioned to serve as a gateway to the Middle East, attracting international business leaders and global leisure travelers seeking a high standard of living and premium hospitality experiences.