Ras Al Khaimah real estate market — prices, rental yield and trend
- Average price: $6,527 / m²
- Gross rental yield: 2.83%
- 12-month price change (USD): 9.3%
- Net rental yield: 2.83%
- Transaction cost: 6.5%
- Bubble-risk band: elevated
- Price basis: local-market average
Residential property in Ras Al Khaimah averages $6,527 per square metre, +9.3% in dollar terms over the last twelve months. That makes it the 7th most expensive of the 83 markets in the set.
What a buyer pays in Ras Al Khaimah
The $6,527 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 6.5% of the price here. On a 100 m² apartment at the average price that is roughly $42,426 on top of the $652,700 purchase price. That is below the 10.2% median across the set, which shortens the time it takes for a purchase to break even. Against the United Arab Emirates national average of $4,669, Ras Al Khaimah carries a 39.8% premium — the gap between this market and the country as a whole. Among the other United Arab Emirates markets we track, Abu Dhabi at $6,345 is level with it, and Dubai at $5,680 is 14.9% cheaper.
What it earns
A square metre lets for about $15.4 a month. Against a purchase price of $6,527 per square metre that is 2.8% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 86th of 88 markets by gross yield. Rental income is not taxed, so the net yield is the same 2.8% — a rarity in this set, and a large part of why the market draws foreign money.
How the tax works. 0%: the UAE has no personal income tax, and under Cabinet Decision 49/2023 an individual's real-estate investment, including long-term letting, sits outside corporate tax as long as it needs no licence. Short-term or holiday-home letting requires a licence and falls outside this exemption. Source: tax.gov.ae.
Where the price sits against its own history
Today’s level sits 15.8% above the country’s own long-run trend. A gap that size does not have to close, but it is the number to watch. Glopra’s bubble-risk score for Ras Al Khaimah is 64 out of 100 — elevated risk. Of the 58 markets scored, 22 read higher. It combines the deviation from trend, price-to-income and the pace of recent growth — a warning light, not a forecast. This is a simplified reading: fewer than three index components are available for this market, so treat it as indicative rather than comparable with fully scored markets.
Who can buy in Ras Al Khaimah
Freehold in designated zones only; usufruct elsewhere. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
How this figure is built
The price figure for Ras Al Khaimah is built from asking prices from listings. It was last refreshed on 2026-09-13. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way, which is what lets Ras Al Khaimah be compared with a country average or another city.
Sources: ValuStrat RAK VPI Q1-26 · ent.news · gulfnews.com · globalpropertyguide.com. Snapshot: 2026-09-13.
Latest Ras Al Khaimah market analysis
- Dubai Metro Is Set to Reach 162 km by 2032, and the RTA Expects Land Values to Follow — 2026-09-16
- Dubai Home Prices Slipped Below Last Year's Level in August, a First Since 2021 — 2026-09-08
- Dubai Added 5,184 Branded Residence Units in Six Months While Sales Value Halved — 2026-09-08
- Business Bay Overtook Palm Jumeirah in Dubai Prime Deals as August Sales Fell 37% — 2026-09-07
- Abu Dhabi Property Transactions Reached AED 155bn in Eight Months, Past All of 2025 — 2026-09-05
- Ras Al Khaimah Rents Rose Up to 8% in the First Half of 2026 Before Stalling in Q2 — 2026-09-05
- Abu Dhabi Completes Its First Off-Plan Mortgage Registration Under Adrec's New Framework — 2026-09-05
- Dubai Logged 148,564 Property Deals Worth AED 523.44 Billion in Eight Months — 2026-09-04
- Dubai Mortgage Rates Stop Following the Fed as UAE Banks Absorb the Moves — 2026-09-02
- Dubai and Abu Dhabi Apartment Prices Both Fell 3% in the Second Quarter — 2026-08-31
- Dubai Faces 55,600 Home Completions in 2026, the Most Since 2008, While New Launches Collapse — 2026-08-22
- Al Hudayriyat Island Took 27% of Abu Dhabi's Home Sales in the First Half of 2026 — 2026-08-22
Related markets: Abu Dhabi · Dubai · United Arab Emirates