Ras Al Khaimah is preparing for 13,800 additional homes through 2028 as residential values remain above year-ago levels, creating greater choice across the emirate’s expanding property market.
September 04, 2026 | Palak Kataria | UAE | Real Estate | 3 Min Read
Ras Al Khaimah’s residential market is entering its next phase of expansion, with 13,800 new homes expected to be delivered between now and the end of 2028 as developers respond to the emirate’s growing profile as a residential, tourism and investment destination.
The upcoming supply follows another period of annual growth in residential values.
According to new research from Cavendish Maxwell, apartment prices increased 6.5% year-on-year during H1 2026, while villa prices rose by almost 6%. Rental values also remained above H1 2025 levels, increasing by more than 7% for apartments and 8% for villas.
The supply pipeline is now set to accelerate.
Around 600 homes were completed during H1 2026, with another 1,600 expected during the second half, bringing projected full-year deliveries to approximately 2,200 units.
A further 4,700 homes are expected in 2027, followed by approximately 7,500 in 2028. That would make 2028 the largest delivery year within the current pipeline.
For buyers, the expansion means a broader range of residential options entering the market. For developers, it places greater importance on differentiation through location, quality, amenities and pricing as communities compete for residents and investors.
Ready-property activity also remained substantial during the first half of the year. Freehold ready residential transactions reached AED 625.2 million, representing a 24% increase from H2 2025. Q2 accounted for almost AED 354 million of that total, close to one-third higher than the first quarter.
One of the most closely watched influences on Ras Al Khaimah’s residential market will be the continuing expansion of its tourism and hospitality economy.
Cavendish Maxwell identifies the anticipated opening of Wynn Al Marjan Island in 2027 as an important medium-term catalyst. Beyond attracting visitors, major hospitality developments can create employment and associated housing requirements, particularly in communities surrounding Al Marjan Island.
The relationship between tourism, employment and housing will become increasingly important as the new residential pipeline is delivered.
Yousir Habib, Associate Director at Cavendish Maxwell Ras Al Khaimah, said continued investment flows, business formation and employment growth are providing a foundation for residential demand. He also noted that the incoming supply will create greater competition between developments and could lead to more measured price and rental growth.
Separate market research points to a similar shift towards more sustainable growth. ValuStrat's Q2 2026 index recorded 5.4% annual residential capital-value growth across Ras Al Khaimah, with apartments increasing 5.8%. Al Marjan Island remained a standout apartment location, recording 9.4% annual capital-value growth.
The next two years will therefore add a new dimension to Ras Al Khaimah's property story. Stronger supply will provide buyers with more options while giving developers an incentive to distinguish their projects through design, amenities and community offerings.
With 13,800 homes scheduled through 2028, the emirate is moving from a period defined largely by rapid expansion towards a larger and increasingly diverse residential market.
Source(s): Cavendish Maxwell; Gulf News; ValuStrat.
