Ras Al Khaimah’s freehold residential market posted annual capital value growth of 9.3 per cent in the first quarter of 2026, according to ValuStrat’s newly launched ValuStrat Price Index (VPI) for the emirate.
The figure marks the slowest rate of annual growth in two years, measured against a base of 100 set in Q1 2024. The index reached 124.1 points, effectively flat on the previous quarter.
The index covers both villas and apartments, with each segment sitting at 124.1 points. Villa values rose 7.4 per cent annually, down from 10.4 per cent recorded in Q4 2025. Apartment values grew 10.3 per cent annually, with both segments showing no meaningful quarterly movement.
At the location level, Al Marjan Island led apartment capital growth with a 13.2 per cent annual gain, though values were flat over the quarter.
Al Hamra apartments in Ras Al Khaimah posted 8.1 per cent annual growth and Mina Al Arab apartments 8 per cent, with the latter recording a 1.3 per cent quarterly increase. Among villas, Al Hamra outperformed with 9.1 per cent annual growth, while Mina Al Arab villas grew 5.9 per cent annually.
In absolute terms, the weighted average capital value for a residential unit in RAK’s freehold market stood at AED 1,436,895, at AED 1,011 per square foot. Villas averaged AED 2,308,225 at AED 872 per square foot. Apartments averaged AED 1,199,991 at AED 1,048 per square foot. The average gross rental yield across the freehold market was 5.3 per cent.
The RAK residential index is the tenth proprietary index on ValuStrat’s platform, which now spans residential, office, and industrial segments across the UAE and Qatar.
