Foreign investors drive record year for Ras Al Khaimah as Top launches AED5.4BN – Rak Properties CEO
RAK Properties reported a record year as international buyers raised sales above last year’s levels and a new project launched a new project past AED5.4 Billion, as Ras Al Khaima’s appeal to global investors is right.
Talking to Arabian business On the sides of 20 engineersth On the occasion of the anniversary, Muhtadi said that the company has been transferred to its most prominent position at the moment, which is supported by the operation of foreign needs and the rising pipeline of hospitality and brand accommodation across the emirate.
“2025 was a Stellar year for us,” he said. “Our sales are exciting.”
Rak’ buildings presented this year exceed AED5,4 billion against the goal of AED5 billion. Sales are up nearly 200 percent from last year, with revenue and inventory growth.
Foreign buyers now account for 70 percent of total demand, compared to a heavy domestic investment base. Muhtadi said buyers from the United Kingdom, Germany, the Netherlands, Armenia and Kazakhstan have entered the market, diversifying Ras Al Khaimah’s investor base and expanding the momentum of the plan.
The operation comes as RAS AL Khaima accelerates major development under the vision of Emirate 2030. Marjan and Rak Hospitality Host combined to form a single business under the Marjan name, combining housing, tourism and lifestyle to drive new strategies, including Al Marjan Island, Rk Marjan Beach.
The merger is expected to create tens of thousands of jobs and increase the Emirate’s hotel capacity to around 20,000 days, supported by global operators such as JW Marriott, W, Nobu, Fairmont and Four Seasons.
Rak Properties, which holds 11 farms in Marjan Beach, plans to capitalize on this growth. Muhtadi said the developer aims to be the first to launch projects in the new district, adding that proximity to upcoming resorts such as Mandarin Oriental, Rosewood and Omniyat will strengthen the attraction of investors and residents.
In the next year, the company expects to present new projects written for Rak Properties, including four-season resorts and residential areas, water development with billions around AED1.7 billion until 2026.
“We will be bringing more to the market next year than we have this year,” said Muhtadi. I hope we will reach new sales records. “
Average sales prices have doubled in two years, from around AED1,000 per square foot in 2023 to AED2,050 this year, according to Muhtadi. Despite the expansion, he said the units remain competitively priced relative to large beach markets elsewhere in the United Arab Emirates.
Rak Properties will deliver more than 700 units by the end of this year and 1,200 units across five projects by 2026 as construction accelerates. The company usually goes from stone to stone to the On-Site building within six months, says Muhtadi Muhtadi helps to maintain the confidence of investors and the first rental fruits.
He also added that the focus of the company is always designed to focus on the community rather than individual projects.
He said: “Our aim is to raise lifestyles,” he said. “That’s what separates you.”
RAS AL Khaimah’s Development Drive for development, fueled by the Wynn Al Marjan Island Resort and supported by a wave of new international brands, has positioned the Emirate as one of the destinations for deep dives and investment. Muhtadi said that RAK buildings will continue to play a major role in that change.
“We are very proud of our success,” he said. “We have a unique product and we will continue this journey.”
