RAK has 25,600 new homes in the pipeline through 2030
Cavendish Maxwell's report shows deliveries accelerating sharply toward a 9,100-unit peak in 2029, with RAK Properties, Al Hamra Real Estate and Ellington delivering more than 40% of the total.
- Key year: 2030
- Notable rate: 97%
- Volume / scale: 25,600
What happened
Ras Al Khaimah has 25,600 residential units in the pipeline through 2030, according to a new report from property consultancy Cavendish Maxwell, with apartments accounting for 97% of future supply. Only 170 homes were delivered in the first quarter of 2026 and 1,700 more are due this year, but deliveries accelerate sharply from there — 2029 alone is projected to bring 9,100 handovers, the busiest year in the pipeline.
Why it matters
RAK Properties, Al Hamra Real Estate and Ellington Properties are set to deliver more than 40% of the total between them, with ALDAR and other developers filling out the rest. The report lands against a backdrop of Dh12.3 billion in residential sales across 6,600 transactions last year and a population forecast to grow from roughly 450,000 to 650,000 by 2030 — a demand story that gives the emirate's largest listed developer, RAK Properties (ADX: RAKPROP), a multi-year runway independent of any single project's performance.
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Frequently asked
What is the main update in RAK has 25,600 new homes in the pipeline through 2030?
Ras Al Khaimah has 25,600 residential units in the pipeline through 2030, according to a new report from property….
Why does this matter for Ras Al Khaimah?
It signals continued confidence in the RAK property market and creates opportunities for investors and developers.
What are the key numbers behind this story?
The standout figure is 97% (Notable rate). This scale underpins the strategic importance of the development for the emirate.
InsideRAK is an independent publisher and is not affiliated with any Ras Al Khaimah government body. This report was compiled from the sources above and verified against published records. Spot an error? corrections@insiderak.com
