Industry experts predict that these two emirates will attract regional and international buyers with offerings of branded residences and “affordable luxury” properties, while Dubai continues to hold its appeal for global investors.
Speaking to Arabian Business, Jason Barrowclough of Dubai Sotheby’s International Realty highlighted Abu Dhabi’s unique advantage in the property market, noting the significant price gap compared to Dubai.
“Luxury villas in prime locations in Abu Dhabi are priced at around AED 1,000 per square foot, compared to a minimum of AED 3,000 in Dubai.”
RAK, meanwhile, is leveraging scenic waterfronts and developments like the Wynn Resort on Marjan Island to position itself as a lifestyle and investment hub.
Farooq Syed, CEO of Springfield Properties, described RAK as offering “affordable luxury in a high-growth market,” catering to buyers seeking both value and lifestyle.
While Abu Dhabi and RAK are gaining traction, Dubai’s real estate market remains resilient. With strong demand in the luxury segment and off-plan sales dominating the landscape, Dubai is set for a 5-10% growth in 2025.
“Dubai’s adaptability and commitment to quality ensure its leadership in global real estate,” Mr Syed said, emphasising the city’s enduring appeal across diverse housing segments.
