Ras Al Khaimah Annual Market Report 2024

Ras Al Khaimah Annual Market Report 2024

Co-Own UAE research about the ???????? ???????????? ???????????? performance in ?????? ???? ?????????????? for full year 2024, is now available on our Market intelligence reports sections on our website.

The emirate of Ras Al Khaimah demonstrated robust growth throughout 2024. The strategic developments and increasing investor interest from international markets, adding to new master development projects that have been announced, is positioning itself as an increasingly attractive real estate market within United Arab Emirates.

real estate market transactions in Ras Al Khaimah
RAK real estate transactions

Key highlights from our report includes:

  • 15 Bil AED (equivalent to 4.08 Bil USD) in real estate transactions values
  • June 2024 marked the record month for the year, with sales values soaring to 2.5 Bil AED (equivalent to 690 Mil USD)
  • mortgages values saw a staggering 119% increase in Q3
  • Al Marjan Island recorded the highest sale value in the first half of the year, for a plot of land worth 640 Mil AED (or 174 Mil USD) in June

Click here to read all about it, plus key economic highlights. Download your report today!

In case you missed it, the first half of 2024 report can be also found here

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