Onyx expands its real estate benchmark into Ras Al Khaimah market

Released every quarter, the Valustrat Price Index is an index and benchmark of the performance and capital values of real estate markets, spanning all segments: residential, commercial, offices, retail, hospitality, and industrial logistics.

The report provides investors, developers, bankers and policymakers with fact-based valuation data and real estate intelligence, informing their decision-marking in areas such as investments, acquisitions, lending, and new developments. According to ValuStrat’s own records, over 1,000 organisations and around 120 financial institutions in the region use the reports to shape their trade-offs and next moves.

Ras Al Khaimah

This week, the Ras Al Khaimah report made its debut, complementing the established Valustrat Price Index studies for Dubai and Abu Dhabi, which have been in place for over a decade. The Ras Al Khaimah index has been backdated to Q1 2024 to capture the emirate’s recent growth cycle, providing stakeholders with a transparent measure of performance from the outset of market acceleration.

Haider Tuaima, Managing Director and Head of Real Estate Research at ValuStrat, commented: “The introduction of Ras Al Khaimah’s first valuation-based index represents a milestone for the emirate’s property market. It provides stakeholders with an independent and objective measure of real performance, beyond listings or sentiment.”

Declan King, Senior Partner and Head of Real Estate at ValuStrat, added: “The launch of the Ras Al Khaimah index reflects our mission to provide independent, data-led insights for investors, financial institutions, developers, and policymakers.”