According to the latest ValuStrat Price Index (VPI), Al Marjan Island is now Ras Al Khaimah's most popular place to live. Apartment prices in the area saw a 16.8% increase YoY in Q3 2025, the biggest growth out of any neighborhood in the UAE.

Adding to its appeal to investors and homebuyers seeking high-end coastal living, the waterfront community also enjoyed a robust quarterly 6.3% gain in capital values.

As a whole, the apartment market in Ras Al Khaimah followed this upward trend, with capital values up 15.5% yearly and 4.9% quarterly. This propelled the apartment VPI from 100 points as of Q1 2024 to 122.0 points. The other areas that did well include Al Hamra and Mina Al Arab, with yearly growth rates of 14.8% and 13.6%, respectively.

Villas continued to rise in value, but they were slowing down. The villa index went up 13.8% over the course of a year and 3.3% over the course of a quarter. With 15.8% year-on-year growth, Mina Al Arab villas were the most popular in the segment. Al Hamra villas came in second with 12.1%.

The VPI for Ras Al Khaimah's freehold residential market rose to 122.2 points in the third quarter, which is 14.9% more than last year and 4.3% more than last quarter.

The average value of a residential property was Dh1.41 million. Apartments were for Dh1.18 million, and villas were worth Dh2.28 million. Apartments were for Dh861 per square foot, while villas were worth Dh1,025.

The residences on Al Marjan Island cost Dh1,127 per square foot, which is far more than the Dh890 and Dh888 prices in Al Hamra and Mina Al Arab, respectively. Villas in Mina Al Arab also held their value well, with an average price of Dh2.4 million.

The average rental yield throughout the emirate's freehold residential properties was quite attractive at 5.4%. Apartments were the same as this average at 5.4%, but villas were a little behind at 5.2%.

The average gross rental yield for homes in RAK was about 5.4%. Apartments had a yield of about 5.4%, and villas had a yield of 5.2%. "That's one of the reasons investor interest has stayed steady, especially with lifestyle-led demand for waterfront and integrated communities," said Saadain Lari, Director and Head of Marketing at ValuStrat, to Khaleej Times.

Off-plan sales continued to dominate the market, making up an incredible 84% of all home sales in the first nine months of 2025. During this time, more than 4,100 off-plan properties were sold for a total value of more than Dh8.2 billion, with an average sale price of Dh2 million.

On the other hand, the ready home market stayed quiet. Between January and September, just 776 units were sold, worth a total of Dh909 million. The average sale was worth Dh1.6 million. 76% of the deals were for apartments, while 24% were for villas.

Overall transaction volumes went down from one year to the next, even if prices have gone up a lot. Sales of homes not yet built plummeted 20.5%, while sales of homes already ready for moving-in were down 15.7%. People were being more circumspect because prices are going up.