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A Cavendish Maxwell report released this week placed 25,600 new residential units in Ras Al Khaimah’s development pipeline through 2030. The assessment found apartments will account for 97 percent of that supply while the balance consists of villas and townhouses. Only 170 units were delivered in the first quarter of 2026 with another 1,700 scheduled for the rest of the year and the remaining 23,900 units forecast to complete by the end of the decade. The firm noted that the acceleration reflects sustained demand pressures across the emirate.
Three major developers are expected to deliver more than 40 percent of the planned units over the next four years according to the Cavendish Maxwell assessment. RAK Properties, Al Hamra Real Estate and Ellington Properties lead the pipeline that includes projects such as RAK Central on Al Marjan Island. Off-plan sales have dominated the residential market in recent periods with the report underscoring their role in absorbing new supply. The developments align with ongoing infrastructure investments that have reshaped parts of the emirate.
Cavendish Maxwell data shows Ras Al Khaimah’s population standing at approximately 450,000 residents currently and projected to reach 650,000 by 2030. That expansion combined with rising foreign direct investment and major infrastructure projects is expected to underpin housing requirements over the period. The emirate has pursued economic diversification initiatives that have drawn both businesses and expatriate workers in growing numbers since the start of the decade.
Colliers International research published in late 2025 indicated that around 30,000 residential units had launched in Ras Al Khaimah since 2022. Apartment prices climbed between 17 and 21 percent year on year through 2025 in key areas while rental yields averaged 6 to 8 percent across the market. Many of those projects achieved sales absorption of 80 to 90 percent within 12 to 18 months of launch according to the Colliers findings.
An earlier Savills report from May 2025 had projected the emirate’s residential stock would double by 2030 based on more than 11,000 units in the pipeline at that time. The updated Cavendish Maxwell figures reflect a significant increase in planned supply amid continued sector momentum. Strong end-user demand and limited premium ready stock have encouraged developers to commit to further projects in the northern emirate.
