Figures
RAK Real Estate Market Review – H1 2026
Macro headwinds persist, yet fundamentals remain robust, with resilience becoming increasingly visible across sectors.
September 21, 2026 10 Minute Read
Looking for a PDF of this content?
Key Takeaways:
- RAK’s economy continues to demonstrate resilience despite regional uncertainty, supported by strong fiscal fundamentals, reaffirmed sovereign ratings, and sustained investment activity, with the emirate remaining well positioned to benefit from long-term tourism and industrial growth drivers.
- The residential market remains one of the RAK’s strongest growth stories, with apartment prices rising 18.0% year-on-year and rents increasing 14.3%, underpinned by continued demand for waterfront and branded developments despite emerging signs of market normalization, albeit performance has moderated since February.
- Luxury and branded residences continue to reshape the market landscape, with record-breaking sales values achieved during H1 2026 and approximately 10,000 branded units scheduled for delivery by 2030, further strengthening RAK’s appeal to global investors and high-net-worth buyers.
- Development activity remains robust, with the residential supply pipeline entering a period of rapid expansion, as completions accelerate from modest near-term delivery levels to more than 24,000 units between 2028 and 2030, increasingly concentrated across Al Marjan Island and emerging master-planned communities.
- Hospitality performance softened amidst weaker international travel demand, with occupancy and RevPAR declining year-on-year. However, strong domestic and GCC tourism demand, coupled with major tourism infrastructure investments, continue to support the sector’s long-term outlook.
- RAK’s tourism proposition is entering a transformational phase, with the confirmed September 2027 opening of the Wynn Al Marjan Island resort and an additional pipeline of approximately 8,500 hotel keys expected by 2030, reinforcing the emirate’s position as a leading regional leisure and hospitality destination.
Stay Connected
Receive relevant research reports, thought leadership, invitations to CBRE events and more.
Connect with an Expert
Share a few details about your request to get started with our team.