Property prices for sale in Ras al-Khaimah region

The average price in the Ras al-Khaimah region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.

AED 936,110.5
Average price last 6 months
AED1,390.50
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ras al-Khaimah has increased strongly in the last 6 months. During February, the average price per sq.feet was AED 1,057. The following month (March) the price had a considerable deflation reaching AED 604 per sq.feet. In the following two months (April, May) the price per sq.feet has risen strongly to a 323 %. In the last two months, the price per sq.feet has had a significant decrease of 37 %. This has been obtained by comparing the price of AED 1,758.5 for the first four months of the sample with regard to the previous 4 months and the price of AED 654.5 per sq.feet for the last two months (June, July).

Average price

Based upon to the price in Ras al-Khaimah (region), this has decreased in the last 6 months. February has an average price of AED 979,159. During March the price had a slight deflation till AED 919,451. The average price for the following two months (April, May) decreased 90 % compared to the prior two. During the last two months the price has risen 111 % compared to the previous average values going from AED 902,934 a AED 1,002,463.5 in June and July.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 39 % more affordable than the average price in Ras al-Khaimah followed by those with 2 with an average price of AED 1,046,545. The most costly properties have 4 bedrooms. They are 215 % more expensive than the average followed by those properties with 3 bedrooms priced at AED 1,675,490.

Based on the average price per sq.feet those properties with 1 bedroom are the dearest ones with a price of AED 4,442 / sq.feet being AED 608 / sq.feet the average value within the Ras al-Khaimah region. The properties with the most expensive average price are those with 4 bedrooms. These are 896 % more costly than the average followed by those with 2 bedrooms with a price of AED 5,422 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of AED 950,741 it is 43 % more affordable than the average in Ras al-Khaimah. This is followed by "Townhouse" with a price of AED 1,568,158. The dearest property type is "Land" and is 366 % more expensive than the average, followed by "Villa" with a cost of AED 2,633,265.

Based on the average cost per sq.feet the most costly property type is "Apartment with a an average price of AED 679 / sq.feet, followed by "Land" with a price of AED 929 / sq.feet. "Duplex" with an average price of AED 7,642 / sq.feet is the most costly type of property followed by "Semi Detached House" at a price of AED 5,985 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in region Ras al-Khaimah
AED 950,741
AED 608
8,136
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value