ValuStrat has launched its ValuStrat Price Index in Ras Al Khaimah, expanding the footprint of its award-winning real estate benchmark to eight markets across the Middle East.
This quarterly report serves as a vital index and benchmark for tracking the performance and capital values across varying real estate sectors, which include residential, commercial, offices, retail, hospitality, and industrial logistics. By equipping investors, developers, bankers, and policymakers with comprehensive valuation data and real estate intelligence, the ValuStrat Price Index aids in informed decision-making related to investments, acquisitions, lending, and new developments. Remarkably, over 1,000 organizations and approximately 120 financial institutions in the region rely on these reports to guide their strategic choices.
Introducing Ras Al Khaimah
With the unveiling of the Ras Al Khaimah report, ValuStrat extends its influence to a city long regarded for its unique offerings within the UAE. This new index complements existing studies for Dubai and Abu Dhabi, both of which have been established markets for over a decade. Notably, the Ras Al Khaimah index has been backdated to Q1 2024, capturing the emirate’s recent growth cycle and providing stakeholders with a clear metric of market performance from its acceleration phase.
Haider Tuaima, Managing Director and Head of Real Estate Research at ValuStrat, expressed that the launch of Ras Al Khaimah’s first valuation-based index marks a pivotal moment for the emirate’s property market. He emphasized how this independent measure stands apart from mere listings or market sentiment, providing objective insights into real performance. Concurrently, Senior Partner Declan King reiterated the index’s significance, asserting its role in delivering data-driven insights to investors, financial institutions, and policymakers.
Market Highlights
The inaugural findings of this report reveal that Ras Al Khaimah’s residential market is on an impressive upward trajectory, evidencing a boom cycle. In the second quarter of 2025, the ValuStrat Price Index recorded 117.2 points against the baseline of 100 set in Q1 2024, translating to an annual growth of 13.8% and a quarterly increase of 3.2%.
When diving deeper into the specifics, apartments demonstrated a slightly stronger performance than villas, experiencing an annual rise of 13.2% and a quarterly jump of 3.4%. Key areas showing robust gains include Mina Al Arab, Al Hamra, and Al Marjan. Villa capital values, on the other hand, grew by 15% year-on-year with a 2.7% increase during the quarter, particularly highlighted by Mina Al Arab villas, which noted a remarkable 20% annual growth compared to Al Hamra’s more moderate 10.8%.
This high sales activity observed during the first half of 2025 is equally noteworthy: over 3,000 units worth AED 6 billion changed hands, with an average ticket size of AED 2 million. Furthermore, the secondary market saw around 550 ready homes sold, totaling AED 646 million, primarily driven by apartment sales.
As King pointed out, with Ras Al Khaimah emerging as a vital growth hub within the Northern Emirates, the establishment of this index elevates the standard for market transparency and performance measurement.
Future Aspirations
Looking forward, both King and Tuaima conveyed that ValuStrat has ambitions to expand its Price Index to additional markets, reinforcing its goal of offering independent, data-led insights that assist stakeholders in making well-informed, evidence-based decisions throughout the region.
Headquartered in Dubai with an international presence through 17 offices across various continents, ValuStrat stands as one of the leading real estate consultancies in the Middle East. Founded in 1977, the firm has established a robust reputation as a trusted source of real estate intelligence in an ever-evolving market landscape.
