Retail property prices in Ras Al Khaimah (RAK) rose sharply in the first half of 2026, driven by growing demand for commercial spaces across key business and tourism hubs.
According to Property Finder, Al Marjan Island recorded the highest increase in retail property prices. The average sale price reached Dh19.7 million, up 348 per cent from Dh4.4 million in the first half of 2025.
RAK Central followed with a 254 per cent year-on-year increase, taking average retail property prices to Dh11.9 million. In Al Hamra Village, average prices rose 44 per cent to Dh2.4 million.
The figures reflect rising investor interest in RAK's commercial property market as the emirate continues to expand its tourism, residential and business sectors.
Retail rents also increased across several locations.
Mina Al Arab recorded the biggest jump, with average retail rents rising 109.9 per cent year-on-year to Dh187,490. Al Qusaidat posted an 83.3 per cent increase to Dh58,528, while Al Marjan Island saw rents edge up 5.8 per cent to Dh181,564.
The office market showed similar strength. Average office rents in Al Seer more than doubled to Dh61,211, while the Corniche area recorded a 15.6 per cent increase to Dh155,058.
Office sale prices in Julfar rose 3.9 per cent to Dh613,800. On Al Marjan Island, the average office sale price stood at Dh8.6 million.
Also Read: Lulu Retail Expands Operations, Targets 50 New Stores Globally
Property Finder's report also highlighted sustained growth in Dubai's commercial property market during the first half of 2026.
Average office rents in Jumeirah Lakes Towers increased 30.6 per cent to Dh475,870, while Deira recorded a 23.4 per cent rise to Dh64,391. Office rents on Sheikh Zayed Road climbed 14.5 per cent to Dh578,394, and Business Bay registered an 11.4 per cent increase to Dh421,041.
Among retail locations, Deira posted the highest rental growth at 61.5 per cent, with average rents reaching Dh643,855. Jumeirah Village Circle recorded a 33.4 per cent increase to Dh511,536, while Arjan saw rents rise 19.3 per cent to Dh422,612.
The report placed average office sale prices at Dh10.6 million in Business Bay, Dh6 million in Jumeirah Lakes Towers and Dh2.45 million in Jumeirah Village Circle.
Property Finder said commercial property performance varied between the first and second quarters due to differences in property size, asset quality and listing mix. It added that Abu Dhabi and Sharjah recorded mixed trends, with some commercial segments posting rental gains while others saw declines.