While Dubai and Abu Dhabi are the emirates most talked about for their strong real estate appeal, in recent years Ras Al Khaimah (RAK) has also got into the limelight.

Property values in RAK have surged in recent years and the announcement of the $3.8 billion five-star Wynn resort and casino in Al Marjan Island to be opened in 2027 has undoubtedly significantly impacted the real estate market. 

RAK’s real estate market boom is benefiting from a demographic shift, with residents relocating to the emirate for its lower living costs, reduced traffic congestion and family-friendly environment, such as in Al Hamra Village and Mina Al Arab. The ongoing construction boom, coupled with the new hotels and leisure properties opening, has resulted in significant price increases, especially in areas near the Wynn resort were e.g.  in Al Hamra VilIage house prices more than double in less than two years.

Looking ahead, Ras Al Khaimah is expected to continue its growth trajectory, with the Wynn resort projected to significantly boost visitor numbers. This, in turn, will drive further demand for residential properties. The region’s expanding tourism sector and growing appeal among European and Asian buyers position RAK as a compelling investment opportunity with strong long-term potential.

Are you considering buying a property in Ras Al Khaimah? With 10 years’ presence in the UAE and 20 years of international experience, you can rely on us to help and assist you with everything needed to make the right decision where and how to buy the property in RAK, including very important tax questions. Contact us for a consultation at (+971 521521330) or email us at office@alphaprimedwc.ae.