RAS AL KHAIMAH MARKET REPORT
Q3 2026
JULY - SEPTEMBER 2026
Q3 2026 / RAS AL KHAIMAH
THE MARKET IN CONTEXT
RAS AL KHAIMAH Waterfront living, tourism and new development shape Ras Al Khaimah's property market. Windmills' Q3 2026 report highlights investor and lifestyle demand across Al Marjan Island, Mina Al Arab and Al Hamra Village, alongside an expanding residential and hospitality offering.
AED 4bn
AED 12bn
+2%
-2%
2026 sales value so far*
Full-year 2025 sales value
Apartment prices: last year
Apartment prices: last month
Windmills, UAE Real Estate Market Report, Q3 2026, pp. 47-48. *The source labels AED 4bn as "2026 so far"; it is not a Q3-only total. Values are approximate. Imagery adapted from the supplied Huspy reference.
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Q3 2026 / RAS AL KHAIMAH
WATERFRONT COMMUNITIES IN FOCUS
EMIRATE HIGHLIGHTS Al Marjan Island Named in the report as a focus for investor and lifestyle demand. New residential and mixed-use development is expanding the island's offering, with beachfront projects and branded residences central to the wider market narrative.
Mina Al Arab A waterfront location highlighted for both buyer interest and new supply. The report identifies RAK Properties' Mina and waterfront developments as a masterplan combining residences, hospitality and lifestyle communities.
Al Hamra Village An established residential destination attracting investors and lifestyle buyers. The report describes Al Hamra communities as offering villas and apartments alongside golf and waterfront living.
Windmills, Q3 2026, pp. 47-48. Communities are highlighted qualitatively; the source does not provide area-level transaction counts or a sales ranking. Image from the supplied reference; illustrative.
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Q3 2026 / RAS AL KHAIMAH
APARTMENT SALE-PRICE INDICATORS
MARKET SNAPSHOT -2%
+2%
+336%
Last 1 month
Last 1 year
Last 5 years
The reported apartment price series combines a modest monthly decline with a positive one-year change and a much larger cumulative five-year increase. These are different comparison windows, rather than three measures of Q3 performance.
Reading the time horizons TIME WINDOW
REPORTED CHANGE
WHAT IT SHOWS
Last 1 month
-2%
Short-term price softening
Last 1 year
+2%
A modest annual increase
Last 5 years
+336%
Cumulative long-term change
The five-year figure is cumulative, not an annual growth rate. It does not represent the return on every apartment or include ownership costs.
Windmills, Q3 2026, p. 48; the chart credits REIDIN, Ras Al Khaimah Statistical Centre and RAK Municipality. Figures reproduced as reported. Index base and exact observation dates are not specified.
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Q3 2026 / RAS AL KHAIMAH
ANNUAL TRANSACTION VALUES AND 2026 CONTEXT
SALES ANALYSIS The report shows a rise in transaction value from AED 2bn in 2021 and 2022 to AED 16bn in 2024, followed by AED 12bn in 2025. Its separate AED 4bn reading for "2026 so far" covers an unspecified partial-year period.
Full-year sales transaction value (AED bn)
16 16
12 12
7
8
4
2
2
2021
2022
0
AED 4bn
2023
2024
2025
2026 SO FAR
A partial-year value as reported by Windmills. The cutoff date is not stated; this is not a like-for-like comparison with the annual bars above.
Windmills, Q3 2026, p. 47. Approximate transaction values, not transaction counts. The source does not provide a standalone Q3 total or sufficient data for a Q3 year-on-year growth calculation.
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Q3 2026 / RAS AL KHAIMAH
DEMAND AND DEVELOPMENT THEMES
RECENT MARKET SIGNALS Waterfront and lifestyle demand The report identifies waterfront communities as a continuing draw for investors and lifestyle buyers, supported by Ras Al Khaimah's residential appeal.
Branded residences and holiday homes Tourism growth and the expanding hospitality sector are described as supporting interest in these property segments.
Residential and mixed-use supply New development is expanding the offering, particularly around Al Marjan Island and Mina Al Arab. Infrastructure investment is another theme in the report.
THE OUTLOOK IN CONTEXT
Windmills presents a positive long-term outlook linked to development and tourism. Its RAK section does not quantify future completions or give a numerical price forecast.
Windmills, Q3 2026, p. 47. Demand and supply commentary reflects the report's qualitative assessment. Imagery is illustrative and does not establish construction status.
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Q3 2026 / RAS AL KHAIMAH
PROJECTS NAMED IN THE MARKET REPORT
KEY DEVELOPMENTS The projects listed by Windmills span waterfront masterplans, beachfront residences, established communities and mixed-use development. Each represents a different part of the emirate's residential offering.
PROJECT / COMMUNITY
OVERVIEW
RAK Properties - Mina & waterfront developments
Waterfront masterplan featuring luxury residences, hospitality and lifestyle communities.
Mondrian Al Marjan Residences
Premium beachfront residential development aimed at luxury buyers and investors.
Al Hamra communities
Established residential destination with villas, apartments, golf and waterfront living.
RAK Central
Mixed-use destination combining commercial, residential, hospitality and lifestyle components.
Windmills, Q3 2026, p. 48. Descriptions summarise the source list; it does not provide project launch prices, current availability or completion dates. Supplied image is illustrative.
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Q3 2026 / RAS AL KHAIMAH
HUSPY
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