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RAK Real Estate Market Poised to Skyrocket as Demand Outpaces Supply

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Ras Al Khaimah’s (RAK) real estate market is poised for significant growth and price appreciation, driven by surging demand and a housing shortage in the next few years, according to Metropolitan Premium Properties (MPP).

Despite the launch of new projects on Marjan Island, the market is expected to face a substantial deficit of homes by the time the Wynn Gaming resort structure is completed in late 2025.

Maxim Novikov, Head of RAK branch at Metropolitan Premium Properties, said: “Even with new projects underway on Marjan Island, RAK will face a shortage of available homes. Demand is expected to continue to outpace supply, making it an exciting market to watch in the near future. There has been strong demand, particularly for waterfront and beachfront properties in RAK with many new developments selling out quickly. Several projects are selling out during their launch phase or even before they are officially announced.”

According to MPP, while numerous new projects are anticipated to be announced this year, the current delivery timeline is creating a significant gap. The number of new units expected to be delivered in RAK this year remains relatively low. For example, in 2024, very few projects were completed, with only 318 units delivered in Marina Residence at Al Hamra and 89 units in Marbela 2. In 2025, the delivery pipeline is slightly more promising, with two projects set to be completed in Mina (formerly Mina Al Arab). These include 648 apartments and 13 lofts in Bay Residence, along with 146 apartments in Gateway 2.

Despite the additional units coming to the market, the demand is still expected to outstrip supply.

The shortage of ready units has resulted in off-plan property prices increasing on average 15-20% in 2024 and this trend is expected to continue this year as well. The highest demand is for studios and one-bedroom units in waterfront projects near the Wynn Resort.

“We are witnessing exceptionally strong demand, particularly for beachfront properties. Properties close to the Wynn Resort are seeing significant interest, especially smaller studio and one-bedroom units. At the same time, there is a noticeable demand for commercial, retail spaces, as well as villas and townhouses in prime waterfront locations. However, the supply of these types of properties remains limited,” said Mr. Novikov.


Several key factors are expected to drive demand for real estate in RAK over the next few years. The population of the emirate is projected to nearly double, reaching 650,000 residents by 2030. Additionally, the rapid progress of the Wynn Resort construction is fueling excitement and interest in the area.

Ras Al Khaimah’s Economic Zone (RAKEZ) is also attracting entrepreneurs from around the world, boosting demand for both residential and commercial properties. RAKEZ achieved record growth in 2024, welcoming 13,141 new companies, which represents a 66% increase in registrations compared to 2023. Also, the emirate’s forward-thinking approach to cryptocurrency trading and blockchain technology is another factor contributing to its appeal.

While Marjan Island continues to capture much attention, other areas in RAK are also poised for significant growth, according to MPP. Areas such as Mina, Al Hamra and RAK Central are expected to see substantial development, offering high growth potential for real estate investors.

Mr. Novikov concluded, “The real estate market in RAK is set for dynamic growth and entering an exciting phase. Investors and homebuyers alike should be prepared for rising prices and increased competition for the limited available properties.”

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FIVE REASONS WHY SOCIAL CONNECTIONS ARE MUCH NEEDED DURING UNCERTAIN TIMES

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In times of uncertainty, we instinctively seek stability, in our relationships, routines, and the communities around us. When the wider world feels unpredictable, human connection becomes more than a comfort; it becomes a lifeline. Yet in fast-moving cities and digital-first lifestyles, many of us maintain large networks while lacking the deeper bonds that truly sustain us.

Research shows that strong social ties build resilience, lower stress, and improve overall health. As conversations around wellbeing become more open, there is growing recognition that the quality of our relationships matters just as much as professional achievement, and that in moments of collective unease, those ties matter even more.

Recognising the importance of real-world connection, UAE-based platform MAXION suggests five ways that building community can help protect wellbeing.

1. Prioritise depth over volume

It is easy to confuse social activity with genuine connection. Many of us interact with dozens of contacts online every day yet still experience loneliness. What safeguards wellbeing is not the size of a network, but the substance of the relationships within it. Harvard’s long-running Study of Adult Development, which has tracked participants for more than 80 years, found that warm, supportive bonds are among the most significant predictors of long-term happiness. Honest dialogue, shared values, and reliable encouragement foster belonging that broad but shallow circles rarely provide.

2. Say yes to new experiences, they could become lasting bonds

Some of the most important relationships begin simply with a chat at an event, or an introduction through a friend. What matters is allowing those early interactions to develop over time. To encourage more of us to take that step, particularly during a period when isolation can quietly take hold, MAXION is offering complimentary premium memberships to both existing and new members of its curated community until 17 March. The initiative reflects a broader belief: that lasting bonds are not built through endless scrolling, but through shared experiences and real conversation.

3. Collective experiences ease stress and build grounding

Small, purposeful activities, meeting for coffee, attending a gathering, or simply spending unhurried time together, bring stability during unsettled periods. Face-to-face interaction engages cues that screens cannot replicate, helping us feel heard and understood. Research has shown that time spent with friends or partners can significantly reduce perceived anxiety. These moments help individuals process what they are feeling and gain perspective, which becomes especially valuable when the ground beneath feels less certain.

4. Regular contact prevents loneliness from escalating

Loneliness has become a growing global concern. According to the World Health Organization, around one in six worldwide experience it, and it is linked to higher risks of depression, anxiety, elevated stress, and poorer physical health. Proactive engagement acts as an early buffer. When we make room for honest exchange and dependable contact, feelings of isolation are far less likely to take root. Even a small circle of trusted individuals can offer the reassurance needed to weather difficult stretches. Those ties also contribute to longer lives. Research across blue zones highlights that close community bonds and frequent interaction are key longevity factors, with one study noting that strong personal connections can reduce the risk of early death by up to 50%.

5. Routine builds steadiness

Community is strengthened through consistency. Whether it is weekly gatherings, group activities, or regular check-ins, showing up reliably anchors us during turbulent periods. Psychologists often point to the value of predictable social structures in maintaining wellbeing. Knowing that certain people and communities remain constant provides quiet comfort during times of change, a reminder that not everything is shifting at once.

In fast-paced cities like Dubai, carving out room for real connection is not always easy. But it has rarely been more important. By nurturing the bonds around us with care and intention, we can build the kind of networks that carry us through uncertainty and well beyond it.

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THE SCIENCE OF COMFORT – ECCO BIOM® 720 AND THE FUTURE OF FOOTWEAR WELLBEING

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By Niki Tæstensen, Design Director ECCO

At ECCO, our philosophy has always been simple: design shoes that work with the body, not against it. From our earliest days, we have understood that the way a shoe interacts with the foot can make the difference between movement that feels effortless and movement that feels constrained. It’s a principle that has guided our innovations for decades and is at the heart of our BIOM® technology.

The story of BIOM® begins in 2009, when we undertook an unprecedented study of human movement. Scanning the feet of 2,500 athletes, we set out to understand the biomechanics of natural motion in meticulous detail. The result was revolutionary: a shoe designed to support the body’s natural stride, offering stability, flexibility and comfort in perfect balance. Inspired by barefoot running, BIOM® shoes were built to align with how the body moves and to complement, rather than fight, your foot’s own mechanics.

This philosophy has been at the core of ECCO’s identity from its inception. Every pair of BIOM® shoes is a commitment to human-centred design, ensuring that wearers experience optimal fit and feel from the very first step. And now, we are proud to take that philosophy to the next level with the ECCO BIOM® 720 collection.

The BIOM® 720 represents more than an incremental improvement, it is a response to modern lifestyles, where our days are more fluid than ever. We live in a hybrid world, seamlessly moving from commuting and travelling to working, exercising and running errands, often all in the same day. Shoes must be versatile enough to support all of these activities, without sacrificing comfort or style. With the BIOM® 720, every element is engineered with this reality in mind.

A cornerstone of this new collection is ECCO ENCORE TECHNOLOGY, a continuation of the legacy BIOM® began. ECCO ENCORE TECHNOLOGY amplifies the benefits of biomechanical design, providing cushioning, flexibility and energy return that make movement feel effortless. Outsole vents, a detail we first introduced in 2011, enhance breathability, improve shock absorption, and help return energy to your stride. The result is a shoe that doesn’t just carry you through the day, it actively supports your movement – keeping your feet energised and comfortable, no matter how long your day lasts.

The spring/summer 2026 BIOM® 720 collection comprises two distinct styles, each designed to meet specific real-world needs:

ECCO BIOM® 720 GTX – the versatile waterproof all-rounder. Combining BIOM® and ECCO ENCORE TECHNOLOGY with GORE-TEX SURROUND® construction, this shoe delivers durable, waterproof protection from every angle, while maintaining the breathability essential for year-round comfort. Whether you’re navigating rainy commutes or venturing outdoors, the 720 GTX ensures your feet stay dry, supported, and comfortable.

ECCO BIOM® 720 BREATHRU – an everyday summer trainer. Lightweight, breathable, and engineered with moisture-wicking BREATHRU mesh, this shoe allows air to circulate freely while maintaining the same support and stability as its waterproof counterpart. Ideal for warmer weather, it offers the perfect combination of ventilation and all-day comfort for everyday activities.

Both styles embody a simple but crucial truth: a shoe must support the body in real life, not just in theory. By designing for movement, cushioning impact, and promoting natural biomechanics, the BIOM® 720 collection addresses the needs of the modern wearer. Whether you’re travelling for work, enjoying a weekend hike, or simply walking across town, these shoes are engineered to respond to the natural rhythm of your body.

Comfort, however, is more than a technical metric, it’s a quality-of-life issue. In today’s fast-paced, hybrid lifestyles, where the boundaries between work, leisure, and movement blur, footwear must keep up without compromise. We have seen how discomfort can impact energy, posture and wellbeing. The ECCO BIOM® 720 is our answer. It is a shoe that encourages movement, protects the body and delivers comfort that lasts from the first step of the day to the last. Innovation is also about responsibility.

At ECCO, we have always managed every aspect of the value chain, from leather and shoe production to retail, ensuring our products meet the highest standards of quality. Our commitment to comfort is inseparable from our commitment to care. By creating durable, long-lasting shoes that people want to wear every day, we promote responsible consumption.

In essence, the BIOM® 720 is more than a shoe. It is the next evolution of our ongoing exploration of human movement, rooted in biomechanics, informed by technology and inspired by real-world lifestyles. It honours our legacy of designing shoes that respect the natural mechanics of the body while adapting to the demands of modern life.

As we continue to innovate, our focus remains clear: to create footwear that enhances human movement and supports the wellbeing of every wearer. With the ECCO BIOM® 720 collection, we are proud to offer shoes that do exactly that, delivering next-level comfort, performance and style, wherever life takes you.

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AUM DEVELOPMENT LAUNCHES RYZE RESIDENCES IN WARSAN TO SERVE DUBAI’S GROWING ACADEMIC AND PROFESSIONAL WORKFORCE

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Business continuity in the UAE’s real estate landscape keeps up, as projects launch, sales offices stay operational and transactions continue. AUM Development, a renowned two-decade old Dubai-based real estate firm, has announced the launch of Ryze Residences, in Warsan, one of Dubai’s fastest-evolving districts, positioned at the intersection of academic, employment, and infrastructure growth. A 93-residential development comprising studios, one-bedroom, and two-bedroom apartments, prices start from AED 599K, with a 40/60 payment plan aimed at both end-users and investors. The project offers a thoughtfully designed mix of residences, including studios averaging 382 sq. ft, one-bedroom apartments averaging 891 sq. ft, and spacious two-bedroom units at 1,936 sq ft.

Ryze forms part of AUM Development’s expanding residential and commercial pipeline, backed by over 20 years of experience and more than AED 1.8 billion in real estate investments. A 100% real estate-focused, equity-funded developer, AUM has built a reputation for delivering projects that prioritize disciplined execution, market relevance, and long-term value.

Located in Warsan, Ryze is located near Dubai Academic City, which hosts over 30 international universities, and its growing connectivity to the wider city. With improving road infrastructure, access to International City, and the upcoming metro expansion, the area is seeing rising demand from students, faculty, young professionals, and long-term tenants seeking affordability without sacrificing access.

“Even amidst the broader regional developments, Dubai’s underlying demand drivers and institutional stability continue to support long-term real estate investment in well-located residential assets. From an investment standpoint, the project is positioned to benefit from Warsan’s rental fundamentals, particularly its proximity to Dubai Academic City, International City, and key arterial roads connecting to Dubai International Airport and central Dubai,” said Deepak Batra, Founder and Chief Executive Officer, AUM Development. 

“Warsan is no longer a peripheral location, it is becoming a functional residential hub that is witnessing sustained rental demand driven by education, healthcare, location and support services in and around the area. Ryze has been conceived as a practical, investment conscious response to this demand, with well-planned homes, efficient layouts, and amenities that genuinely add value to everyday living helping residents’ recharge and refocus”, he added.

Ryze Residences has been designed with a strong emphasis on livability and efficiency, featuring smart floor plans, vastu-compliant layouts and architecture that maximises natural light through glass facades and layered balconies.

Distinguishing itself as ‘rooftop lifestyle’, the development is designed to house amenities on the rooftop to encourage community interaction and connection, including an infinity pool and children’s pool, a fully equipped gym with panoramic views, a ‘Sky Cinema’ for outdoor movie nights, EV charging stations and WiFi-enabled common areas.

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