The dated, permanent record of this week's RAK Waterfront Pulse reading. RAK has no open transaction registry, so this asking-price median — methodology stated, sample size printed — is the corridor's honest yardstick.
Last updated 10 Aug 2026 · Source: RAK Waterfront Pulse, deduped sample of 403 PropertyFinder sale listings · Dubai figures: DLD registered sales as of 10 Aug 2026
As of 10 Aug 2026, the median asking price on Al Marjan Island is AED 2,115 per square foot across 175 live sale listings (median ticket AED 1,970,000). Mina Al Arab & Hayat Island — the lagoon corridor fifteen minutes from the Wynn site — stands at AED 1,321/sqft across 100 listings (median ticket AED 1,365,000). RAK-wide, the median across the full 403-listing sample is AED 1,483/sqft.
Week-over-week (vs 03 Aug 2026): Al Marjan down 6.0% (AED 2,250 → AED 2,115/sqft); Mina Al Arab & Hayat Island down 2.4% (AED 1,353 → AED 1,321/sqft). A single-week move of this size in an asking-price sample almost always reflects listing mix — units entering or leaving the sample (Al Marjan n went 212→175) — rather than a repricing of the island. Read the level, not the jump.
For context: Dubai Marina/JBR's median from DLD-registered sales is AED 4,479/sqft (as of 10 Aug 2026, computed nightly from Dubai Land Department open data) — which puts Al Marjan roughly 53% below Dubai's flagship waterfront. That comparison crosses sources — RAK asking prices against Dubai registered transactions — and asking prices overstate achieved prices, so treat the gap as indicative, not exact. The corridor's demand catalyst remains the Wynn Al Marjan Island resort, targeting a Spring 2027 opening; our construction tracker follows each published milestone.
| Week | Al Marjan median /sqft | Mina Al Arab · Hayat median /sqft | Sample |
|---|---|---|---|
| Week 33 · 10 Aug 2026 | AED 2,115 (n=175) | AED 1,321 (n=100) | 403 |
| Week 32 · 03 Aug 2026 | AED 2,250 (n=212) | AED 1,353 (n=86) | 403 |
| Week 31 · 27 Jul 2026 | AED 2,366 (n=210) | AED 1,279 (n=94) | 402 |
| Week 30 · 20 Jul 2026 | AED 2,002 (n=174) | AED 1,246 (n=102) | 403 |
| Week 29 · 13 Jul 2026 | AED 2,132 (n=154) | AED 1,387 (n=108) | 403 |
| Week 28 · 06 Jul 2026 | AED 1,876 (n=159) | AED 1,367 (n=110) | 403 |
Since the index began on 06 Jul 2026 (week 28), Al Marjan's median asking rate is up 12.7% (AED 1,876 → AED 2,115/sqft) and Mina Al Arab & Hayat Island is down 3.4% (AED 1,367 → AED 1,321/sqft). 6 weekly readings so far — too short a series for trend conclusions; it lengthens by one row every Monday.
Medians of live PropertyFinder asking prices for sale listings across Ras Al Khaimah, deduped by listing id, refreshed weekly (this reading: 10 Aug 2026, sample 403). We publish the median rather than the mean, print per-community sample sizes, and apply a 300–12,000 AED/sqft sanity band. Asking prices are what sellers ask, not what buyers pay — Ras Al Khaimah operates no open transaction registry, which is why this index exists. Dubai comparison medians come from Dubai Land Department registered-sales open data, computed nightly. Free to cite with attribution (CC-BY): Sofia Sands Realty, RAK Waterfront Pulse.
AED 2,115 per square foot as of 10 Aug 2026, measured across 175 live PropertyFinder sale listings (median ticket AED 1,970,000). These are asking prices, not registered transactions — Ras Al Khaimah publishes no open transaction registry.
Versus the prior weekly reading, Al Marjan's median asking rate is down 6.0% and Mina Al Arab & Hayat Island is down 2.4% (as of 10 Aug 2026). Large single-week moves in an asking-price sample usually reflect listing mix — units entering or leaving the sample — rather than a repricing of the whole community.
Al Marjan's median asking rate of AED 2,115/sqft is roughly 53% below Dubai Marina/JBR's median of AED 4,479/sqft from DLD-registered sales (as of 10 Aug 2026). Note the comparison crosses sources: RAK asking prices against Dubai registered transactions — asking prices typically overstate what sellers achieve.
From the RAK Waterfront Pulse: a deduped sample of 403 live PropertyFinder sale listings across Ras Al Khaimah, refreshed weekly, reported as medians (not means) with sample sizes stated. Dubai comparison figures are computed nightly from Dubai Land Department open transaction data.
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