Ras Al Khaimah: The Future Destination”

22-08-2025 12:49:32
By : OD DESK CORRESPONDENT

Ras Al Khaimah: The Future Destination”
Ras Al Khaimah is undergoing a historic real estate transformation, positioning itself as one of the most dynamic property markets in the United Arab Emirates. This momentum is driven by the visionary leadership of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, who has championed sustainable growth, innovation, and enhanced quality of life for citizens and residents alike.

In just the past three years, Ras Al Khaimah has seen record-breaking growth in property sales and values, fueled by large-scale residential, hospitality, and commercial developments. With the Emirate’s population projected to rise from 0.4 million to 0.65 million by 2030, demand for more than 45,000 new residential units is expected. The surge is further accelerated by a diversified economy, investor-friendly policies, and the entrance of world-renowned developers such as Emaar, Aldar, and Ellington, alongside leading local players Marjan, Al Hamra, and RAK Properties.

Key Catalysts of Growth

  • Al Marjan Island – A landmark waterfront destination led by CEO Eng. Abdullah Al Abdooli, attracting ultra-luxury brands such as Wynn, JW Marriott, Nobu, Missoni, and The Address, and spearheading new projects including RAK Central, set to become one of the Northern Emirates’ largest business and lifestyle hubs.

  • Al Hamra – Under CEO Benoy Kurien, Al Hamra continues to set benchmarks with over 4,000 residences, Al Hamra Village, Falcon Island, and Waldorf Astoria Residences, while anchoring retail with Manar Mall, the Emirate’s most visited shopping hub.

  • RAK Properties – Driving waterfront excellence with Mina Al Arab, home to resorts like Anantara and InterContinental, with upcoming additions including Nikki Beach, Staybridge Suites, and Four Seasons.

Industry leaders agree that Ras Al Khaimah’s rise is both remarkable and sustainable.

“We are creating a vibrant, future-ready environment that attracts global investors while preserving the Emirate’s cultural heritage,” said Abdulaziz Abdullah Al Zaabi, Chairman of RAK Properties.
“The interest from international developers has been unprecedented – and this momentum will only accelerate,” added Sameh Muhtadi, CEO of RAK Properties.

Beyond Real Estate
Supporting this growth is Ras Al Khaimah’s strong infrastructure – including eight advanced hospitals, a regulated modern education system, and its reputation as one of the world’s safest destinations. Tourism continues to thrive, welcoming 1.28 million visitors in 2024, drawn by attractions such as Jais Flight (the world’s longest zipline), Bear Grylls Explorers Camp, and 1484 by Puro, the UAE’s highest-altitude restaurant. Under the leadership of CEO Alison Grinnell, RAK Hospitality Holding is further strengthening the Emirate’s global hospitality footprint with landmark acquisitions and luxury offerings.

Looking Ahead
At the heart of this transformation lies the Ras Al Khaimah 2030 Vision – a blueprint for inclusive, sustainable, and opportunity-driven growth. With an influx of international developers, investors, and residents, the Emirate is fast emerging as a model for smart urban development and a magnet for global capital.

Ras Al Khaimah is not just building communities — it is building the future.


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