Ras Al Khaimah, UAE– Ras Al Khaimah’s real estate market has witnessed a dramatic transformation over the past eight years, with total real estate transactions rising by over 855% between the first quarter of 2017 and the same period in 2025. According to official data published by the Ras Al Khaimah Statistics Centre, based on data from the Ras Al Khaimah Municipality, the emirate’s real estate activity reached AED 13.06 billion in Q1 2025, compared to just AED 1.36 billion in Q1 2017. This surge underscores Ras Al Khaimah’s emergence as a magnet for sustained real estate investment and finance-backed ownership. Andrei Charapenak, CEO of Major Developments, remarked on the scale of this growth: “This level of expansion is transformational. About Major DevelopmentsMajor Developments is a UAE-based real estate company specializing in delivering luxury living experiences across prime locations.