Major New Developments in Ras Al Khaimah
1. Strengthening legal protection through RAK ICC Foundation
RAK ICC has introduced new rules that provide greater asset protection. These include “safeguards” against the enforcement of foreign judgments and a clear three-year time limit for challenging the creation of a fund or the transfer of assets. This makes the system more predictable and safer for businesses.
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2. Real estate boom
RAK Properties posted record results:
- Revenues grew by 27% — up to 774.79 million dirhams.
- Net profit increased by 80% — up to 160.6 million dirhams.
- Sales volume doubled and reached AED 1.411 billion.
The growth is driven by strong sales and major projects such as Wynn Resorts on Al Marjan Island.
3. Tourism sets records
In the first half of 2025, the emirate accepted 654,000 tourists, which increased industry revenue by 9%.
Main directions:
- The world's longest zip line at Jebel Jais.
- Traditional projects like the Suwaidi Pearls pearl farm.
- New routes including a trail to Fujairah.
Thus, RAK is becoming an attractive alternative to Dubai.
4. Infrastructure: airport and transport
- RAK International Airport is expanding with a new 30,000 m² terminal.
- A new 99km Orange Corridor bus line has been launched, connecting key areas of the emirate.
5. Growth in the number of companies and licenses
- The number of new business licenses increased by 17,6% in the first half of 2025.
- The industrial sector stands out in particular, with growth 111%.
- In RAKEZ, the number of company registrations increased by 43%, especially in the field of management, consulting and marketing.
6. Comprehensive development strategy
The Emirate is developing its economy in several directions:
- Real estate: the arrival of international brands (Nobu, W Hotels, JW Marriott).
- Tourism and sustainability: RAK became the first in the region to receive EarthCheck Silver certification, and the “Responsible RAK” initiative won a Forbes Middle East award.
- Regulatory reforms: Company registration has been simplified thanks to new decrees.
7. International cooperation
Despite contentious court cases in the UK, RAK continues to build partnerships. In late 2024, a memorandum was signed to establish a joint business incubator and development cooperation.
Traditional view
- Legal Clarity: As before, property protection and transparent rules give business confidence.
- Sustainable Prosperity: growth in real estate and tourism is gradual and thorough, without speculation.
- Infrastructure as a foundation: Airport and transport expansion strengthens the economy, as it always has throughout history.
- Strong management: Simplifying company registration reflects a long-standing tradition – order builds trust.
- Global connections: The emirate expands international cooperation while preserving local roots and traditions.
Brief table
| Sphere | New in 2025 |
|---|---|
| Right | Strengthening Asset Protection through RAK ICC Reforms |
| Real estate | Income and profit growth; major projects in progress |
| Tourism | Record number of tourists; new entertainment and routes |
| Infrastructure | New airport terminal, launch of new bus line |
| Business | Sharp increase in registrations and licenses |
| Control | Regulatory reforms, sustainable development |
| Cooperation | Partnership with the UK and international projects |
1. New luxury yacht marina on Al Marjan Island
IGY Marinas has been appointed as the operator of the upcoming luxury marina at the Wynn Al Marjan Island integrated resort. The marina will be able to accommodate up to 101 vessels up to 85m in length. The project, scheduled for completion by 2027, will highlight RAK’s status as a luxury tourism and leisure destination. Construction Business News ME+10Christie's Real Estate Dubai+10Property Finder+10Stock Titan
2. Tourism sets new records
In the first half of 2025, the emirate received record 654,000 tourists, its best result in the period. Tourism revenues grew by 9 %, supported by the expansion of infrastructure, the diversity of offers (adventure, culture, leisure) and public-private sector cooperation. The Times of India
RAK continues to position itself as a worthy alternative to Dubai, offering countless options: from historic pearl farms to extreme zip-lining at Jebel Jais – “RAK offers the perfect combination of adventure and tranquility” The Scottish Sun.
3. Commercial real estate in color - growth of projects
- RAK Properties is undertaking an ambitious expansion 5 billion AED, which includes the launch of 12 new projects and the creation of up to 3,000 residential units - from villas to apartments on the beach and golf courses. Omnia Capital Group+9TopLuxuryProperty.com+9RAK+9
- The portfolio now includes recognizable brands: Armani Beach Villas - the world's first villas under the Armani brand, Four Seasons Resort & Residences on Mina and much more. RAK
- Infrastructure upgrades include road widening, improved energy and wastewater systems, and the use of recycled water for landscaping – creating a sustainable and comfortable future for the community at Mina Al Arab. Real Asset Insight
4. Infrastructure: airport and new residential areas
- New passenger terminal with an area of 30,000 m² Ras Al Khaimah Airport is already under construction - a critical step in transforming the emirate into a major aviation hub. Strohal Legal Group+2The Scottish Sun+2
- Two significant projects have been launched in Al Hamra Village: Al Hamra Greens And Aila Homes — for a total amount of more than 3 billion AED, emphasizing the attention to quality of life in the suburbs of RAK. Construction Business News ME+1
5. Elite off-plan projects – architecture, prestige, heritage
RAK offers a wide range of luxurious off-plan properties:
- Fairmont Residences Al Marjan Island — coastal apartments, townhouses and villas with premium service, delivery by 2028. Wikipedia+5Luxhabitat+5Emirates.Estate+5
- The Ritz‑Carlton Residences Al Wadi Desert - secluded villas in the desert, with five-star services and natural beauty in the surroundings. Luxhabitat
- Nobu Residences, Address Residences, Sora Beach Residences — luxury properties on Al Marjan Island that combine design, comfort and cultural harmony. Luxhabitat+2venturesonsite+2
There are also projects planned with the participation of famous architects and brands, for example - FashionTV Acacia, Oyster in collaboration with Zaha Hadid Architects. TopLuxuryProperty.com+1
A look in retrospect
As before, development occurs thoughtfully, step by step:
| Region | Traditional principles | New Events 2025 |
|---|---|---|
| Justice and Image | Transparency, reliability | Yacht dock - a status symbol |
| Tourism | Peace, nature, heritage | Visitor records, new routes |
| Infrastructure | Communication, comfort, stability | Airport, green infrastructure |
| Real estate | Aesthetics, quality, design | Branded projects, luxury housing |
| Strategy | Smooth growth, respect for traditions | Large-scale investment and planning |
