Ras Al Khaimah Sees Retail and Office Demand
The article focused on the development of the retail market in Ras Al Khaimah, revealing notable increases in the prices and demand for commercial stores and office spaces during the first half of 2026. Sale prices for commercial stores in areas such as Marjan Island and RAK Central experienced significant rises, reaching up to 348% and 254%, respectively. Meanwhile, annual rents for stores increased by as much as 109.9% in Port Arab and 83% in Al Qasidas. On the other hand, office prices have corrected, with sale prices in Marjan Island dropping by 55.4%. However, rental prices for office spaces, especially along Ras Al Khaimah Corniche and The Walk, have surged by over 100%. The data confirms that the market is experiencing strong activity with high demand for commercial real estate, despite some price adjustments.
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