The Ras Al Khaimah residential market is entering a phase of steady maturation, with capital growth moderating from prior peaks. This edition of the ValuStrat Price Index (VPI) highlights a stark divergence in transaction activity, as robust off-plan demand heavily eclipses the secondary market.
- Citywide residential capital values reached 123.9 points, registering a 12.7% annual increase, which marks the slowest growth rate in two years.
- Off-plan transactions dominated the market, accounting for 88% of total residential sales with over 1,500 units traded.
- Apartment capital values led overall performance, appreciating 13.9% annually, driven by strong gains of 17.2% in Al Marjan Island.
- Freehold villa capital growth continued to ease, recording a measured 10.4% annual gain to reach 124.1 index points.
- Gross rental yields across the emirate’s freehold residential sector averaged a healthy 5.3%, offering stable income potential.