Ras Al Khaimah has 25,600 residential units in the pipeline between now and 2030, with apartments accounting for 97 per cent of that supply, according to new data from property consultancy Cavendish Maxwell.
Deliveries this year are expected to reach 1,700 units, following 170 homes handed over in Q1 2026. The pace accelerates sharply through the decade, with 23,900 units due by 2030 and 2029 shaping up as the busiest year, with 9,100 handovers scheduled.
The pipeline reflects a broader growth story. RAK’s population, currently around 450,000, is projected to reach 650,000 by 2030. The emirate drew AED39 billion in foreign direct investment across 17 projects last year, more than any other emirate in the UAE, and in Q1 2026 economic licence capital rose 15.5 per cent year-on-year to AED11.5 billion.
“RAK is undergoing major infrastructure investment in roads, aviation and maritime, strengthening regional connectivity and supporting the emirate’s 2030 economic diversification and competitiveness goals. As a result, the residential real estate sector secured AED12.3 billion worth of sales across 6,600 transactions last year, when sales prices and rental rates jumped considerably. The market is now undergoing a sustained period of new supply,” Yousir Habib, Associate Director at Cavendish Maxwell Ras Al Khaimah said in a statement.
Off-plan activity dominates the market, accounting for 85 per cent of transactions and AED11.2 billion in sales last year. RAK Properties, Al Hamra Real Estate and Ellington Properties together account for more than 40 per cent of the units coming to market, with ALDAR, BNW Developments and Source of Fate Properties also active in the pipeline.
Price growth has been steady. In the six months between October 2025 and March 2026, apartment sales prices rose almost 5 per cent and villa prices nearly 4 per cent. Rents climbed more than 6 per cent for apartments and 5 per cent for villas over the same period.
Infrastructure spending is running alongside the property build-out. Upgrades to the E11 Sheikh Mohammed bin Salem Road and the E311 Sheikh Mohammed Bin Zayed Road are expected to cut journey times between RAK and Dubai by 45 per cent.
RAK International Airport, targeting 3 million annual passengers by 2028, is expanding with a 30,000 sqm passenger terminal, a VVIP terminal and an 8,000 sqm hangar. Saqr Port’s planned deep-water facility is designed to handle Capesize vessels stretching up to 290 metres and carrying up to 400,000 tons of bulk cargo.
The office market is also tightening. Rental rates rose 8.6 per cent between Q1 2025 and Q1 2026, and 5.3 per cent in the six months to March 2026.
Future commercial supply includes 82,000 sqm of A-grade space at the new RAK Central urban hub and the Erisha Smart Manufacturing Hub at Al Ghail Industrial Park, which is set to span 2.32 million sqm.
