RAK vs Dubai · asking index vs registered sales · rebuilt daily

Al Marjan Island vs Dubai Harbour: the numbers, dated

Al Marjan Island is the man-made island that hosts Wynn Al Marjan Island, the UAE's first integrated casino resort, scheduled to open in September 2027 (Wynn Resorts SEC filing, August 2026). Dubai Harbour: Emaar Beachfront and the cruise-terminal district. Below, our weekly RAK asking-price index sits next to Dubai Land Department registered sales for Dubai Harbour, so the two sides are never confused.

Al Marjan Island: median asking AED 2,353/sqft (2026-10-26, n=169). Dubai Harbour: median registered AED 3,375/sqft, last 90 days (n=75, DLD). RAK is 30% lower per square foot on these measures, with Wynn Al Marjan Island opening September 2027.

RAK index 2026-10-26 · Dubai registrations to 22 October 2026 · page rebuilt 27 October 2026

Al Marjan Island median askingAED 2,353/sqft
Dubai Harbour median registered, 90 dAED 3,375/sqft
Gap per sqft30%
Al Marjan Island median asking priceAED 2,050,000
Dubai Harbour median registered price, 90 dAED 4,000,000
Dubai Harbour sales, 30 d25

Side by side

Al Marjan IslandDubai Harbour
MeasureAsking prices, PropertyFinder sampleRegistered sales, Dubai Land Department
Sample169 listings, 2026-10-2675 sales, last 90 days
Median AED/sqftAED 2,353AED 3,375
Range AED/sqftAED 720 to AED 6,575AED 93 to AED 5,716
Median priceAED 2,050,000AED 4,000,000
AED 1.6M buys about680 sqft474 sqft
CatalystWynn Al Marjan Island, September 2027Established, liquid resale market

Asking prices overstate what sells; registered prices are what was paid. Keep that in mind when reading the gap. Medians, not averages.

Dubai Harbour by bedroom count, registered, last 90 days

TypeSalesMedian AED/sqftMedian price
1 B/R29AED 3,000AED 2,400,000
2 B/R23AED 3,366AED 4,200,000
3 B/R19AED 3,896AED 7,250,000
4 B/R4AED 3,633AED 15,500,000

What the RAK side rests on

Ras Al Khaimah registered AED 2.89 billion of property transactions in the first half of 2026 (RAK Municipality via Economy Middle East, 12 August 2026). Cavendish Maxwell put RAK apartment prices up 6.5% year on year in H1 2026, with rents up 7%. Our index samples 405 live sale listings every week across Al Marjan Island, Mina Al Arab and Al Hamra; the RAK-wide median asking price is AED 1,460/sqft.

Our Ras Al Khaimah stock is on Hayat Island, inside Mina Al Arab: see Bay Views (one full floor of 12 residences, AED 16,200,000, handed over) and Bay Residences.

Read more: Al Marjan Island · Dubai Harbour registered sales, every deal · RAK Waterfront Pulse · RAK market trends 2026 · Al Marjan Island vs Dubai Marina

More RAK vs Dubai comparisons

Al Marjan Island vs Palm Jumeirah · Al Marjan Island vs Bluewaters Island · Hayat Island, Mina Al Arab vs Dubai Creek Harbour · Mina Al Arab vs Jumeirah Beach Residence (JBR) · Mina Al Arab vs Dubai Islands · Al Hamra Village vs Dubai Hills Estate · Al Marjan Island vs Dubai Marina · Hayat Island vs Palm Jumeirah

Questions buyers ask

Is Al Marjan Island cheaper than Dubai Harbour?

Yes on today's numbers: Al Marjan Island asking prices sit at a median AED 2,353/sqft (2026-10-26, n=169), against a registered median of AED 3,375/sqft in Dubai Harbour over the last 90 days (Dubai Land Department, n=75), a gap of 30%. Asking and registered prices are different measures; registered prices usually come in below asking.

What does AED 1.6 million buy in Al Marjan Island versus Dubai Harbour?

At the current medians, about 680 sqft in Al Marjan Island (asking) against about 474 sqft in Dubai Harbour (registered). AED 1,600,000 is the median asking price across our whole RAK sample of 405 listings.

How is Dubai Harbour trending right now?

Dubai Harbour recorded 25 registered residential sales in the 30 days to 27 October 2026 at a median AED 3,462/sqft, +11.9% against the previous 30 days.

When does Wynn Al Marjan Island open?

September 2027, per Wynn Resorts' 8-K filing of 4 August 2026. Wynn is on the island itself.

Where do the Al Marjan Island numbers come from?

Our RAK Waterfront Pulse: PropertyFinder RAK sale listings (asking prices, deduped sample of 405) — RAK publishes no open transaction registry; this is an asking-price index and says so. Ras Al Khaimah publishes no open transaction registry, so RAK figures are asking prices and are labelled as such; Dubai figures are transactions registered with the Dubai Land Department.

Compare Al Marjan Island and Dubai Harbour with us

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Written by Yitayal Mesfin — Founder & Principal Broker, Sofia Sands Realty · RERA 41793