RAK Properties

RAK Properties is a developer based in Ras Al Khaimah, the most northern of UAE's seven emirates, playing a vital role in the emirate's growth. Due to the unique landscape of the region with panoramic mountains and striking beaches, the developer could attract many foreign investments. RAK Properties also invest a lot in the region's infrastructure by building schools and recreation centers.

Aldar Q3 2023 Offer!

Limited Offer for Selected Projects

RAK Properties Finacial Statement

RAK Properties Public Joint Stock Company (PJSC) was founded under the patronage of Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah. The company's mission is to deliver high-quality and professionally managed projects that provide its customers with the highest level of service while maximizing their investments.

Despite difficulties that the real estate market faced in 2020, RAK Properties has reported an increased revenue to USD48.4M (AED178M), compared to $USD7M (AED136M) in Q3 2021. The firm also introduced several payment tools, including up to 10 years of payment plan; exemption of master community charges for up to seven years; waiver of property registration fees, and other benefits.

In its financial statement, RAK Properties stated that construction in Intercontinental Hotel and Resort, Mina Al Arab, and Anantara Mina Al Arab Hotel & Resort is still in progress. In comparison, many other developers in the region froze their projects.

Our Expert Will Help You

Feel Free to Contact Us at Any Time, We Online 24/7

Conclusion:

  1. RAK Properties is a leading developer based in Ras Al Khaimah.
  2. Despite difficulties the real estate market faced in 2020, the developer improved its leading financial indicators and continued developing the current projects without delays.
  3. Established in 2005, now it is the leading developer with a portfolio comprising numerous real estate and tourism infrastructure objects and mix-use community developments.
  4. The company's most remarkable project is the Mina Al Arab district comprising two islands, Al Hayat being the most famous.

Ottieni un'offerta speciale

Ti richiameremo entro un'ora e ti invieremo anche ulteriori informazioni via e-mail
La tua richiesta è stata ricevuta! Attendi che un manager ti ricontatterà.
Qualcosa è andato storto. Per favore riprova.

Projects from the developer

All Projects
No items found.
No items found.
No items found.
No items found.
No items found.
No items found.
No items found.

Built in Districts

All Areas

Al Khalidiyah

Al Khalidiya is a well-maintained, safe and comfortable area in Abu Dhabi. The infrastructure is well developed here, there are many medical and educational institutions, catering establishments and attractions.

Hudayriyat Island

Hudayriyat Island is an exclusive mega project, located in the southwestern part of Abu Dhabi

Palm Jumeirah

The popular man-made island Palm Jumeirah.

Al Markaziya

Al Markaziya is one of the main areas in the center of Abu Dhabi, located in the downtown area of the city. Here residents and visitors can find a wide range of shopping centers, offices, educational institutions, clinics and hospitals, as well as entertainment activities.

Al Raha Beach

Al Raha Beach is part of the Abu Dhabi district of the same name, and covers an area of 6 miles along the shoreline and is adjacent to the new residential neighbourhood of Khalifa City A.

Saadiyat Island

Just seven minutes from downtown Abu Dhabi and 20 minutes from Abu Dhabi International Airport, the 27 square kilometre Saadiyat Island is undergoing a remarkable transformation into a world class leisure, residential, business and cultural hub of global proportions, housing the world's largest single concentration of premier cultural assets.

Ottieni un'offerta speciale

Ti richiameremo entro un'ora e ti invieremo anche ulteriori informazioni via e-mail
La tua richiesta è stata ricevuta! Attendi che un manager ti ricontatterà.
Qualcosa è andato storto. Per favore riprova.