Dubai : Ras Al Khaimah is rapidly positioning itself as the UAE’s next major destination for co-living and co-working, aiming to attract a younger demographic of residents and investors. With increasing interest from professionals in their 30s and companies relocating backend operations to the emirate’s free zones, the demand for flexible living and working environments is on the rise.
This evolving trend signals a shift in Ras Al Khaimah’s property investment profile—from traditionally appealing to older, family-focused buyers to a younger, dynamic audience seeking modern lifestyles.
“Most of the buyers we’re seeing for our Ras Al Khaimah project are in their mid-to-late 30s,” said Bass Ackerman, founder of Hive, the developer behind Dubai’s successful co-living spaces in Jumeirah Village Circle. “Our new brand ‘Enta’ in Ras Al Khaimah is specifically designed for professionals in this age group.”
Ackerman added that buyers are offered fully furnished unit options, with the flexibility to use them as investment properties. “It’s about providing a lifestyle solution—whether for living, working, or both.”
Dubai Sparked the Trend
The co-living and co-working concepts gained traction in Dubai in recent years, especially in the post-Covid era, as global tech and media firms expanded operations. This shift created demand for shared living spaces with independent leasing terms—now a preferred choice for mobile professionals.
RAK DAO: Fueling the Next Phase
Adding to the momentum is the recent launch of RAK DAO (Ras Al Khaimah Digital Assets Oasis), a new free zone catering exclusively to businesses in the crypto and virtual asset sectors. With Dubai and Abu Dhabi already licensing such firms through VARA and ADGM, RAK’s entry into this space is expected to fuel fresh demand for flexible workspaces and modern accommodation.
“Planning laws in Ras Al Khaimah differ slightly from Dubai, but we’ve tailored Hive’s co-living model to suit the emirate’s development framework,” said Ackerman.
A New Generation of Residents
Traditionally seen as a hub for retirement homes and weekend getaways, Ras Al Khaimah’s real estate market is now evolving to meet the needs of younger residents. With projects like Wynn Resorts’ integrated casino and resort developments underway, the emirate is transforming into a vibrant, full-time living destination.
At Enta, located on Hayat Island, Hive is developing a hybrid co-living and co-working community, offering more than 200 flexible workspaces and one-bedroom units starting at AED 1.65 million (priced from AED 1,900 per sq. ft).
“As far as we know, this is Ras Al Khaimah’s first purpose-built co-working development,” Ackerman noted. “What makes it compelling is not just the scale, but the integration with residential amenities and high-quality F&B options. It’s an ideal model for young professionals looking for flexibility.”
With a strong mix of economic incentives, modern infrastructure, and a clear appeal to a younger, mobile workforce, Ras Al Khaimah is emerging as a forward-looking real estate frontier—where living and working seamlessly converge.
