RAK Properties is a public joint-stock company listed on the Abu Dhabi Securities Exchange and backed by the Government of Ras Al Khaimah. Founded in 2005, it is the emirate's pioneering waterfront developer, known for the Mina Al Arab masterplan and Hayat Island.
Areas in Ras Al Khaimah (RAK)
Al Marjan Island
AED
1.70m
Median starting price
Al Hamra Village
AED
1.30m
Median starting price
Hayat Island
AED
896k
Median starting price
Mina Al Arab
AED
1.20m
Median starting price
RAK Central
AED
797k
Median starting price
Raha Island
AED
750k
Median starting price
No areas match your search.
Latest Projects in Ras Al Khaimah (RAK)
Area Overview
Description
Ras Al Khaimah (RAK) dictates the UAE’s northern tip, dominating roughly 2,486 sq km of rugged terrain, boasting 64 km of spectacular coastline, and housing the nation’s highest peak, Jebel Jais. RAK pioneered foreign property ownership: strategic mid-2000s decrees opened designated mega-zones to absolute foreign freehold, later fortified by the Real Estate Register Law (No. 11 of 2021).
Today, international capital is flooding elite freehold districts like Al Marjan Island, Mina Al Arab, Al Hamra Village, and Dafan Al Nakheel. The emirate’s global valuation is currently skyrocketing due to the unprecedented Wynn Al Marjan Island mega-resort (launching Spring 2027). Positioned a rapid 45-60 minutes from Dubai, RAK weaponizes low entry prices and massive adventure-tourism appeal to capture the holiday-home and yield-investor market.
Price Analysis
Ras Al Khaimah: property prices
Prices in Ras Al Khaimah depend on the community, property type and location. Branded residences on Al Marjan Island are positioned at higher price points than apartments in established communities.
Starting prices by community
Developers in Ras Al Khaimah (RAK)
FAQ
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Can foreigners buy property in RAK?
Absolutely—foreign investors hold unrestricted freehold ownership rights in massively designated investment zones.
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What are the main areas to invest in RAK?
Global capital targets prime waterfront communities: Al Marjan Island, Mina Al Arab, Al Hamra Village, and Dafan Al Nakheel.
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What's driving the RAK real estate market?
An explosion in waterfront supply and massive tourism projects, heavily spearheaded by the monumental Wynn mega-resort launching in 2027.
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Is the Golden Visa available for property investments in RAK?
Yes. Purchasing an eligible property worth AED 2 million or more secures your eligibility for the 10-year UAE Golden Visa.
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How do escrow accounts work in Ras Al Khaimah?
Off-plan investments are heavily protected. Funds are strictly held in government-regulated escrow accounts and released only upon verified construction milestones.
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How far is Ras Al Khaimah from Dubai International Airport?
A smooth drive from RAK to Dubai International Airport (DXB) takes only about 45 to 60 minutes via the E311 highway.
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Are there property taxes in RAK?
There are zero annual property taxes, zero capital gains taxes, and zero taxes on rental income. Buyers only pay a one-time registration fee.
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What is the expected rental yield (ROI) in RAK?
Waterfront properties consistently offer strong returns, averaging 6-8% annually for long-term rentals, with even higher potential for short-term holiday homes.
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Why is RAK popular for holiday home investors?
RAK is a premier resort hub attracting both European tourists and UAE residents seeking a nature staycation, ensuring year-round rental demand.
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Can non-residents apply for a mortgage in RAK?
Yes. Non-resident international investors can easily access mortgage financing through UAE banks, typically covering up to 50% of the property value.
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What makes Ras Al Khaimah different from other UAE emirates?
Ras Al Khaimah is the only UAE emirate where coastal areas and the Hajar Mountains are located in close proximity, with Jebel Jais and its surrounding landscapes forming a major part of the emirate. Compared with Dubai and Abu Dhabi, RAK has a smaller urban scale, with fewer high-density districts and a stronger focus on coastal communities, resorts and outdoor attractions.
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What is driving Ras Al Khaimah's property market growth?
RAK's property market is expanding alongside the growth of its tourism and hospitality sectors. The emirate's tourism strategy targets 3.5 million visitors annually by 2030, supported by new hotels, resorts and leisure projects. Wynn Al Marjan Island is one of the key developments contributing to this expansion.
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What is Al Marjan Island?
Al Marjan Island is a group of four man-made islands off the coast of Ras Al Khaimah and the emirate's main waterfront development area. It is home to Wynn Al Marjan Island , an integrated resort featuring a hotel, restaurants, entertainment venues and a licensed casino, scheduled to open in 2027 . The island is also a major location for new branded residences and hospitality-led developments.
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Are branded residences available in Ras Al Khaimah?
Yes. Branded residences are mainly concentrated on Al Marjan Island , with projects linked to international hospitality brands. These properties typically combine residential ownership with hotel-style services, amenities and access to resort facilities.
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