Christie’s International Real Estate Ras Al Khaimah was the first global luxury real estate firm to enter the em
Christie’s International Real Estate Ras Al Khaimah was the first global luxury real estate firm to enter the emirate of Ras Al Khaimah.
Situated north of the cosmopolitan cities of Dubai and Abu Dhabi, Ras Al Khaimah is historically known for its unique combination of beaches, mountains and desert. It is now emerging as the next hub of international luxury tourism.
A record-breaking number of tourists in 2023 has been complemented by announcements of world-class upcoming resorts – most notably, the region’s first gaming destination on Al Marjan Island, but also global luxury doyens ranging from Hilton to Ritz-Carlton. By 2030, the emirate is expected to see its population surge by as much as 60%.
Real estate here is rapidly reflecting this new reality. 2023 saw maximum ROIs touch 11.8%, while average prices-per-square-foot rose by as much as 7.49%. It makes for a highly promising future that is already attracting high-net-worth investors from the U. K., wider Europe, China, India and more.
Our expansion into the Ras Al Khaimah market exemplifies our brand’s traditions of marrying celebrated history with a nimble ability to look ahead. With similarly stellar luxury as Dubai, but at more attractive prices, Ras Al Khaimah is on course to become a thriving hub of regional and international luxury. Christie’s International Real Estate Ras Al Khaimah is proud to have already secured exclusivity in some of the area’s most lucrative and exciting developments which is further enhancing our position as the region’s premier real estate advisory.
