Ras Al Khaimah’s real estate market is set for significant growth with 40% of new developments expected to be branded residences by 2029, according to a new report by Stirling Hospitality Advisors. The emirate plans to add 14,148 new residential units between 2026 and 2029 including 5,604 branded residences.

Branded properties driven by luxury names like Waldorf Astoria, Ritz-Carlton and Nobu are transforming the local market particularly in areas like Al Hamra, Mina Al Arab and Marjan Island. These high-end developments are reshaping Ras Al Khaimah’s real estate landscape with branded residences becoming a key luxury investment driver.

The report also highlights a 30% rise in property prices in 2022 following the Wynn Resort announcement and predicts that by 2027. Prices in the secondary market could reach AED 4,000 per square foot, rising further to AED 4,500 by 2030.

Ras Al Khaimah’s population is expected to grow by 55% by 2030 fueling the demand for luxury living.