Ras Al Khaimah is experiencing rapid transformation. According to Savills, residential stock will double by 2030. More than 11,000 new units are already scheduled for delivery.
The forecast includes projects launched up to the end of 2024. Experts say growth is tied to tourism and real estate development. This ongoing Ras Al Khaimah real estate boom shows no signs of slowing down.
Several key drivers support this expansion. Rising tourist numbers, bold investments, and high-profile launches are reshaping the emirate. One of the biggest projects is the $5.1 billion Wynn Al Marjan Island resort.
This resort received the UAE’s first commercial gaming licence last year. Although gambling remains banned nationwide, the UAE has now introduced new regulations. The country created the General Commercial Gaming Regulatory Authority in 2023. It oversees lotteries, digital gaming, sports betting, and integrated resorts.
The Wynn resort aims to attract new international visitors. It will feature 1,530 rooms, 22 dining venues, and luxury retail outlets. Guests will also enjoy spas, salons, event spaces, pools, and a private marina. The project is scheduled to open in 2027.
Branded residences are also on the rise. These units now make up 32 percent of new stock on Al Marjan Island. According to Stirling Hospitality Advisors, 40 percent of all upcoming projects fall under this luxury category.
“There is strong demand for lifestyle-led properties,” said Andrew Cummings of Savills Middle East. “Buyers want quality and prime locations.”
Raki Phillips, head of Ras Al Khaimah Tourism, echoed this enthusiasm. He called Wynn one of the world’s top luxury resort brands.
Ultimately, the Ras Al Khaimah real estate boom continues to gain momentum. With rising demand and global attention, the emirate is transforming fast.
By 2030, the Ras Al Khaimah real estate boom may redefine coastal living in the UAE.
