Ras Al Khaimah: Where to Find the Best Rental Yields in RAK Properties
When Wynn resort announced its first-ever casino in RAK, the news sent shockwaves through global investors. Scheduled to open in 2027, this $3.9 billion development will be the largest casino resort in the UAE, and one of the 10 largest worldwide. RAK properties are quickly becoming a priority for savvy investors.
With its combination of beachfront villas in Al Marjan Island, luxury waterfront living, and lower price entry than Dubai, the emirate offers opportunities for both buyers and landlords seeking high returns.
In this guide, we will share how the Wynn Ras Al Khaimah is shaping RAK properties and examine the most promising investment locations: Al Marjan Island, Mina Al Arab, and Al Hamra.
What Will the Wynn Ras Al Khaimah Offer?
Located on Al Marjan Island, just 50 minutes from Dubai, the Wynn resort will feature:
- 18,500 sq. m. gaming area
- 15,000 sq. m. high-end shopping promenade
- 24 dining and lounge experiences
- 7,500 sq. m. event centre and theatre
- “Only At Wynn” nightclub experience with world-renowned DJs
Fun Fact: This integrated resort will be 3x larger than the iconic Wynn Las Vegas, positioning Ras Al Khaimah real estate at the heart of a luxury tourism boom.
Why Invest in Ras Al Khaimah Real Estate?
Investors are clearly responding to the area’s emerging status as a luxury destination. This ‘Ras Al Khaimah Casino’ is expected to generate thousands of jobs and significantly boost the emirate’s tourism sector, drawing visitors from around the globe.
Properties price in (Bayut Q2 2025):
- Al Marjan increase 71% year-on-year
- Al Hamra increase 39% year-on-year
- Mina Al Arab increase 22% year-on-year
What Are the Top Areas for Buying Property in Ras Al Khaimah?
1. Al Marjan Island
Strategic Location: Properties adjacent to the Wynn Ras Al Khaimah are experiencing premium demand and appreciation.
Key Features:
- Waterfront properties with stunning Arabian Gulf views
- Mixed-use developments of retail and branded residences, reflecting a trend towards luxury and exclusivity
- Luxury-hospitality brands catering to high-end tourism
- Easy access to attractions like Dreamland Aqua Park
Notable Branded Residence Developments:
- JW Marriott Residences
- The Unexpected Al Marjan Island Hotel & Residences
- The Astera, Interiors by Aston Martin
- The Beach Residences
- Address Residences Al Marjan Island
Investment Outlook: Al Marjan Island offers the highest appreciation potential in RAK properties with its direct proximity to the Wynn development, positioning it as Ras Al Khaimah’s premium investment zone.
2. Mina Al Arab
Why? Located 20 minutes from the Wynn resort and near the Anantara Mina Al Arab Ras Al Khaimah Resort.
Key Features:
- Close proximity to international schools, nurseries and healthcare facilities
- Close proximity to Lagoon Mall and Mina Al Arab Public Beach
- Waterfront dining and retail
- Eco-friendly community, protected coastal wetlands
Notable Developments:
- Anantara Mina Al Arab Ras Al Khaimah Resort
- InterContinental Ras Al Khaimah Resort and Spa
- Bermuda Villas
- Flamingo Villas
- Gateaway Residence
Investment Outlook: Benefiting from casino development spillover effects, RAK properties particularly in Mina Al Arab, offers strong appreciation and rental yield potential at more affordable prices compared to Al Marjan Island.
3. Al Hamra
Why? Conveniently situated just 10 mins away from Al Marjan Island. Established community with access to both the Wynn casino development offering 3-bed villas for rent in Al Hamra Village and apartments for rent at Al Marjan Island prices far lower than Dubai.
Key Features:
- Close proximity to Al Hamra Mall and Al Hamra Beach
- Access to Al Hamra Golf Club and Al Hamra Marina and Yacht Club
- Diverse property options from apartments to luxury villas in Al Hamra Village
Notable Developments:
- Al Hamra Residence
- Sofitel Al Hamra Beach Resort
- Waldorf Astoria Al Hamra
- Ritz Carlton Al Hamra
Investment Outlook: With all the new jobs the casino’s bringing, there’s going to be tons of people looking for places to live. Most affordable compared to Al Marjan Island and Mina Al Arab, with strong rental potential driven by expected workforce influx and growing tourism demand.
Al Hamra Off Plan Property
| Project | Developer | Delivery Date | Type | Launch Price |
|---|---|---|---|---|
| Falcon Island | Al Hamra Real Estate Management Services | Q4 2024 (Ready) | 2 – 5 Bedrooms Townhouse, Villa | AED 7.8M |
| Al Hamra Waterfront | Al Hamra Real Estate Management Services | Q1 2027 | Studio, 1-3 Beds Townhouse, Apartments | AED 1M |
| Ellington Views | Ellington Properties | Q1 2027 | Studio, 1-3 Beds Apartments, Penthouse | AED 800K |
| Ellington Views Phase 2 | Ellington Properties | Q1 2027 | Studio, 1-3 Beds Apartments | AED 2.2M |
Final Takeaway
Ras Al Khaimah has shifted from a quiet northern emirate into a fast-growing lifestyle and tourism hub. Key factors are driving investor interest:
- Lower entry prices compared to Dubai and Abu Dhabi
- Freehold ownership for expats and international buyers
- Strong demand for holiday rentals and long-term leases
- Government-backed tourism growth and infrastructure upgrades
- Upcoming mega projects boosting long-term value
But remember, the best deals won’t wait around forever. As the Wynn resort progresses toward its 2027 opening, the window of opportunity for early investors remains open but may be closing as more investors recognize the potential of this emerging market.
Frequently Asked Questions (FAQ)
1. Is Ras Al Khaimah a Good Choice for Property Investors?
For investors looking for affordable luxury, growth potential in UAE, RAK real estate presents a compelling alternative.
2. Which areas in Ras Al Khaimah offer the best rental yields?
Well-located properties in Al Marjan, Mina Al Arab, and Al Hamra currently offer the best balance of rental income and long-term appreciation.
3. Are foreigners allowed to buy property in Ras Al Khaimah?
Yes. Expats can buy freehold RAK properties in designated areas such as Al Marjan Island, Mina Al Arab, and Al Hamra, making RAK real estate accessible to international investors.
4. Is Ras Al Khaimah better than Dubai for rental yield?
For rental yield, RAK real estate often outperforms Dubai due to lower property prices and operating costs. But, Dubai may offer stronger liquidity and resale demand, making RAK properties better suited for income-focused investors.
