Ras Al Khaimah property market in H1 2026: AED 2.89bn registered, and mortgages made up 40% of it

Ras Al Khaimah has spent three years being discussed almost entirely through one project, the Wynn integrated resort on Al Marjan Island. The first-half 2026 figures from the Lands and Properties Sector of Ras Al Khaimah Municipality show a different side of the market: how much money passes through the land register, and in what form.

What made up AED 2.89bn

Transaction type	Value	Number
Sales	AED 1.353bn	1,274
Mortgages	c. AED 1.16bn	463
Transfers without consideration	c. AED 0.38bn	348

February was the strongest month for sales, at AED 371m. Mortgages peaked in June at around AED 418m, which is more than any single month of sales. Across the half-year, mortgages accounted for 40% of registered value. That is the real story of the report: Ras Al Khaimah is increasingly bought with bank finance, not only with cash from Dubai residents and overseas investors.

Why the number looks small

Annual reviews put 2025 residential sales in the emirate at about AED 12.4bn across 6,600 deals, 85% of them off-plan. The municipality's AED 1.35bn of half-year sales cannot be compared with that directly, because sources treat developer off-plan sales differently. The practical rule for investors is to compare figures from the same source over time, and never to set a register total against a marketing headline.

Prices, rents and supply

CBRE's H1 2026 review has apartment prices up about 18% year on year, to an average of AED 2,298 per sq ft, and villas up 7.3%. Apartments on Al Marjan Island rose 23.1%, and in Al Hamra 14.7%. Apartment rents rose 14.3%, led by Mina Al Arab and Al Marjan.

• The positive: mortgage demand and rising rents point to people who intend to live there, not only to resell.
• The risk: CBRE expects more than 34,000 homes to complete between 2026 and 2030, around 10,000 of them branded residences, most of them clustered around Al Marjan.
• The key date: Wynn Al Marjan Island now opens in September 2027. We covered what the delay means for investors on the island.

Who it suits

Ras Al Khaimah still has a lower entry price than Dubai, and it is still heavily dependent on a single catalyst. For a 3–5 year hold with rental income, prefer completed or nearly completed buildings in Ras Al Khaimah, where the rent can already be checked. An off-plan unit handing over in 2028–2029 will compete for tenants with tens of thousands of new homes. The emirate's longer-term tourism plan is set out in our piece on Ras Al Khaimah to 2030.

Looking at Al Marjan or Al Hamra? We will compare the price per foot in a specific building with what is due to complete nearby before 2030. Start with our Ras Al Khaimah page or send us the project name.