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Ras Al Khaimah: a Leading Real Estate Investment Hub in the UAE

Ras Al Khaimah: a Leading Real Estate Investment Hub in the UAE

January 1, 2024

In 2024, Ras Al Khaimah Municipality’s Lands and Properties sector reached unprecedented heights, with registered real estate transactions surpassing AED15 billion. This milestone reflects the emirate’s vigorous market activity and robust growth, solidifying its reputation as a leading destination for both investors and end-users.

Impressive Transaction Volumes

The year saw an impressive total of 2,985 sales transactions, valued at over AED6 billion. Complementing this, 1,224 mortgage transactions were finalized, amounting to more than AED4 billion, while 845 assignment transactions contributed over AED3 billion to the overall market value. These figures underscore a thriving real estate landscape that is attracting both investors and homeowners alike.

A Promising Future

Ras Al Khaimah’s emerging profile as a high-growth market positions it as an ideal investment destination in the UAE. With developments like the upcoming Wynn Resort set to transform the emirate into a vibrant hub for luxury living and world-class entertainment, the future looks exceptionally promising. Investors and homeowners alike can expect significant long-term value as the market continues to evolve and expand.

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