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.
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.