The Ras Al Khaimah housing market is growing faster than the Dubai market. In 2024, according to the municipality of the Emirate, sales increased by 118% compared to 2023, reaching a record 15.08 billion dirhams (4.1 billion dollars).
Ras al Khaimah is attractive to local and foreign investors due to the fact that luxury offers here are more affordable than in Dubai.
The Emirate is developing several large-scale projects that are already contributing and will continue to contribute to rising housing prices. One of them is the first casino in the UAE on the island of Al Marjan. The apartments next to it are in high demand.
The authorities of Ras al Khaimah delight tourists with grandiose shows. So, for the New Year, two Guinness World records were set here: "The largest aerial image of a Christmas tree created with the help of multirotor drones" and "The largest aerial image of a shell created with the help of drones".
Source: Arabian Business
