Luxury property prices in Ras Al Khaimah have hit new highs, driven by strong value growth in coastal destinations such as Al Marjan Island. Premium apartments have climbed to AED 2,428 per square foot, while villas recorded an average of AED 1,211. The sector posted annual growth of 32% for apartments and 11% for villas.
As Al Marjan Island continues to evolve into a major tourism icon, the Ras Al Khaimah Central district is preparing to transform into a fully integrated urban hub featuring offices, residences, and hospitality and business facilities.
The Central district aims to accommodate more than 6,000 professionals and 4,000 residential units through significant investment, attracting additional developments such as the Radisson Blu Hotel & Residences. Despite a decline in total annual sales, the market experienced a rebound in the fourth quarter of 2025, supported by new mid-priced projects.
The northern emirate plans to attract 3.5 million visitors by 2030 through the development of destinations including Ras Al Khaimah Central and Jebel Jais, alongside a significant expansion of hotel capacity and reliance on global brands and major flagship projects such as Wynn Al Marjan Island Resort.
