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RAK residential stock to double by 2030
Khaleej Times
|May 02, 2025
The residential property stock in Ras Al Khaimah (RAK) is projected to double by the end of 2030 with over 11,000 units scheduled for completion, based on the supply from launches up to the end of 2024, according to a real estate consultancy.
At over Dh11 billion in 2024, sales transaction values have gained considerable momentum post-pandemic, it said.
Off-plan sales dominated the market in 2024 and communities such as Al Marjan Island, Mina Al Arab, and Al Hamra have seen an upward trend in capital values and rents since 2022, coinciding with the Wynn announcement.
Denne historien er fra May 02, 2025-utgaven av Khaleej Times.
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