Khoie Properties, the real estate arm of the $2 billion UAE-based Khoie Group, was one of the early movers in the Ras Al Khaimah property development market when the company announced the Dh1bn La Hoya Bay in Al Marjan Island development.
Interesting blog, that outlines house prices in the region - and an interview with Frank Khoie. http://ras-al-khaimah.blogspot.com/2008/07/ras-al-khaimah-property-prices-will.html
I think from the entry price, we have seen a doubling in price so far, especially those that got in the at the £45-50K level for a flat.
General tourism and things to do in the area - http://www.raktourism.com/