Ras Al Khaimah property holds firm amid Iran conflict as Al Marjan Island leads way
Ras Al Khaimah's property market has proved "remarkably resilient" since the outbreak of regional conflict, with industry experts reporting a slowdown in transaction pace rather than any meaningful loss in value. Nicholas Carter, sales and leasing manager at RAK-based Hunt & Harris Real Estate, said investors were still betting on the emirate's long-term growth. The positive outlook comes after…
The property market in Ras Al Khaimah (RAK) has demonstrated remarkable resilience since the onset of regional conflict, with industry experts reporting a slowdown in transaction pace rather than any significant loss in value. Nicholas Carter, a sales and leasing manager at RAK-based Hunt & Harris Real Estate, stated that investors remain optimistic about the emirate's long-term growth.
The positive outlook was further reinforced by a record number of tourists visiting the emirate in the first half of the year, highlighting its growing appeal. Despite the geopolitical uncertainty, RAK's residential property sales prices increased by nearly 5% for apartments and almost 4% for villas in the six months leading up to March 2026, according to research by Cavendish Maxwell.
The residential sector recorded Dh12.3 billion ($3.35 billion) in total sales last year across 6,600 transactions, with off-plan activity accounting for 85% of deals.
Brief written by urgent.news from The National UAE's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
