Ras Al Khaimah’s residential prices continued to rise amid a high proportion of off-plan sales in 3Q 2025, according to ValueStrat’s latest report (pdf). The ValuStrat Price Index for Ras Al Khaimah’s residential sector recorded 4.3% quarterly growth for capital values, and 14.9% y-o-y, logging 122.2 points.

Apartment prices are on the rise: 3Q saw an uptick in apartment capital values, rising 15.5% y-o-y and 4.9% q-o-q. Areas like Al Marjan Island (+16.8% y-o-y), Al Hamra (+14.8% y-o-y), and Mina Al Arab (+13.6%) led growth.

Villas, on the other hand, saw yearly capital value growth slow to 13.8% — down from 15% in 2Q — although freehold villas were up 3.3% q-o-q. Once again, Al Hamra (+12.1% y-o-y) and Mina Al Arab (+15.8%) saw the biggest upticks in values.

Rent increased as well, with average rental yields seeing 5.4% growth across the emirate. Apartments saw a 5.4% uptick, just ahead of villas with 5.2%.

Off-plan dominates in 9M: Off-plan sales accounted for the lion’s share of transactions in the emirate’s residential market during 9M. Some 4.1k off-plan units sold made up 84% of total sales, despite sales volumes dipping 20.5% y-o-y. Volumes were also down for ready sales, dipping 15.6% y-o-y, with 776 units sold. Apartments made up 76% of ready transactions, with villas accounting for the remaining 24%.

Average ticket sizes for off-plan units came in at upwards of AED 2 mn for 9M, while the average transaction size in the ready market was AED 1.6 mn.