The Ras Al Khaimah real estate market has undergone a profound transformation, with total transactions rising more than eightfold in just eight years.
According to official data published by the Ras Al Khaimah Statistics Centre, based on figures from the Ras Al Khaimah Municipality, the emirate’s real estate activity reached AED 13.06bn ($3.56bn) in Q1 2025, compared to just AED 1.36bn ($370 million) in Q1 2017.
The surge underscores Ras Al Khaimah’s emergence as a magnet for sustained real estate investment and finance-backed ownership.
Ras Al Khaimah real estate development
Andrei Charapenak, CEO of Major Developments, said: “This level of expansion is transformational. A nearly ninefold increase in real estate activity reflects a market that has moved far beyond speculation.
“Buyers and investors today are looking for stability, infrastructure, and long-term value—and they’re finding that in Ras Al Khaimah.
“At Major Developments, we’ve been committed to delivering distinctive, high-quality projects that match this momentum—homes that offer lifestyle quality, investment resilience, and financing accessibility.”
Of the AED 13bn ($3.56bn) in total activity, the data shows that mortgage transactions now represent the largest share. This highlights a shift toward structured financing and a more end-user-driven property market.
Market growth
This evolution comes in tandem with Ras Al Khaimah’s broader development agenda, which includes tourism growth, industrial diversification, infrastructure upgrades, and regulatory facilitation.
Major Developments has positioned itself to respond to these changes by offering housing solutions that appeal to a wide range of buyers seeking not only high-specification design but also long-term liveability and affordability.
With demand patterns shifting toward commitment, ownership, and quality of life, the company’s developments reflect a new era of real estate in the Emirate —where ambition is matched by planning, and investment is matched by purpose.
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