RAK Properties
Launches, handovers, financing and supply. Al Marjan Island, Al Hamra, Mina Al Arab and the 14,000 units arriving by 2028, with the numbers behind each.
Three areas carry freehold title for foreign buyers: Al Marjan Island, Al Hamra Village and Mina Al Arab.
- Al Marjan Island — freehold beachfront, hotel-led. Off-plan asking prices averaged AED 1,450–2,100/sqft in H1 2026 (Gulf Business), most of it tied to branded-hotel rental-management programmes — skewed toward short-term and investment holding, not full-time family living.
- Al Hamra Village — established coastal master community. Villas rose 6.2% year-on-year in Q2 2026, the strongest villa performance emirate-wide; apartments rose 3.5% (ValuStrat Q2 2026 report). No district-level price-per-sqft is published for it yet.
- Mina Al Arab — waterfront community. Gross rental yields estimated around 3.65% for apartments and 3.91% for villas (Dubizzle Property Insights estimate, not audited data).
Full market analysis, launches and supply below.
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Understanding Ras Al Khaimah
Evergreen guidesRAK property: frequently asked
Can foreigners buy property in Ras Al Khaimah?
Yes, on a freehold basis in designated areas including Al Marjan Island, Al Hamra Village and Mina Al Arab. Elsewhere, leasehold terms apply.
Is RAK property cheaper than Dubai?
Generally yes, on both entry price and service charges, which is the core of the rental-yield argument agents make for the emirate.
How much new housing is coming to RAK?
Around 14,000 units by 2028, arriving alongside the hotel pipeline — a substantial increase relative to the existing stock.
Does buying property in RAK give residency?
Property investment above federal thresholds can support a UAE residence visa. Terms are set federally, not by the emirate, and change — verify current thresholds before relying on them.
What are off-plan apartment prices on Al Marjan Island?
Average asking prices for off-plan units on Al Marjan Island ranged from AED 1,450 to AED 2,100 per square foot in H1 2026, a 12-18% premium over mainland RAK beachfront projects, according to data cited by Gulf Business. Prices move with each new launch — check our Al Marjan Island page for project-by-project detail.
Is Al Marjan Island suitable for full-time family living, or mainly holiday homes?
Today it leans toward holiday and investment use: most active off-plan stock is attached to five-star hotel brands with guaranteed rental-management programmes, and the island's hotel capacity is set to roughly double by 2027. Full-time family living is possible in the branded residential towers, but buyers prioritising schools and established community infrastructure should also look at Al Hamra Village or Mina Al Arab.