The introduction of the UAE’s first casino within the Wynn Al Marjan Island resort is poised to significantly influence Ras Al Khaimah’s real estate sector in multiple ways: 1. Increased Tourist Demand: The casino is expected to attract a broader international clientele seeking luxury entertainment and gaming experiences. This influx of visitors will boost demand for high-end accommodations,...
Marjan, the leading developer of freehold properties in Ras Al Khaimah, has announced a significant strategic partnership with Dara Properties to develop a new residential project within RAK Central, a prominent mixed-use development. This collaboration involves the acquisition of a 50,000 sq ft land parcel to build a 27-floor residential tower, scheduled for completion by the fourth quarter of...
Adree Al Marjan a magnificent 2.5 million sqft all-in -one coastal community! Ardee Developments has announced the launch of Ardee Al Marjan Island, an ambitious all-in-one coastal community situated on Ras Al Khaimah’s Al Marjan Island. Covering over 2.5 million square feet, this project will be the largest development on the island and aims to create a vibrant, multi-purpose destination that...
Leaders from Ras Al Khaimah’s’ Marjan, RAK Properties and Al Hamra Group qualify to the top 100 list! Forbes Middle East has unveiled its 2025 list of the 100 Most Impactful Real Estate Leaders in the region, highlighting key developers and decision-makers who are shaping the skylines of the Middle East. The ranking considers factors such as years of experience, the value of completed and ongoing...
The construction industry in the Middle East is facing impending cost increases due to recent global trade tariffs introduced by former U.S. President Donald Trump. This development follows the release of Stonehaven’s 2025 UAE & KSA Construction Cost Benchmarking Report, which already anticipated notable rises in construction expenses. The report projected a construction cost increase of 2.7% to...
Why UK Entrepreneurs should act now? Ras Al Khaimah offers a compelling proposition for UK entrepreneurs looking to expand their reach. With operating costs that are 30–40% lower than in Dubai, RAK presents a cost-effective entry point into the UAE market. The emirate’s ambitious Vision 2030 plan and the ongoing development projects make it an attractive destination for forward-thinking business...
Opportunity for global investors to focus on RAK’s fast-growing real estate market. Ras Al Khaimah (RAK) is set to host the inaugural International Real Estate Investment Summit (IREIS) on May 20-21, 2025, at the Al Hamra International Exhibition and Conference Centre. This global event will highlight RAK as the UAE's fastest-growing real estate market, focusing on investment opportunities, including...
The Emirates real estate transactions volume witness 25,000% surge in 7 years. RAK Real Estate Market Pulse: 2017-2024 The real estate market in Ras Al Khaimah is experiencing a remarkable transformation, characterized by an extraordinary increase in transaction volumes over the past seven years. Recent data from the Ras Al Khaimah Statistics Centre reveals that transaction volumes have surged by an...
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