Rak Properties

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RAK Properties is a Public Joint Stock Company (PJSC) formed in 2005 with the support of the Government of Ras Al Khaimah (RAK). Founded in line with the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, RAK Properties aims at supporting and promoting the economic growth of Ras Al Khaimah as well as assisting the emirate's community development initiatives. RAK Properties will also maximize shareholders’ value through its development projects in the coastal and inland areas of Ras Al Khaimah. RAK Properties has a sound capital of AED 2 billion; the company’s founders, including the Government of Ras Al Khaimah, hold 45 per cent while the remaining 55 per cent is held by the public. The Initial Public Offering (IPO) of RAK Properties in early 2005 was over-subscribed by almost 57 times. In its mission to lead the development of real estate and tourism infrastructure in Ras Al Khaimah, RAK Properties aims to attract foreign investors of repute to launch state-of-the-art projects, including luxurious hotels, resorts, malls and industrial areas. In doing so, RAK Properties serves as a catalyst for a dynamic property market in Ras Al Khaimah and the United Arab Emirates (UAE).

Company Details

Employees
268
Founded
-
Address
Ras Al Khaimah (Rak), Ras Al Khimah,31113,united Arab Emirates
Phone
971 72444432
Email
in****@****ties.ae
Industry
Real Estate
HQ
Ras Al Khimah
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Rak Properties Questions

News

RAK Properties posts net profit of $59mln - TradingView

RAK Properties posts net profit of $59mln TradingView

UAE’s RAK Properties partners with Hubpay to enable global crypto payments for real estate purchases - Times of India

UAE’s RAK Properties partners with Hubpay to enable global crypto payments for real estate purchases Times of India

RAK Properties H1 net profit jumps 80% on higher sales, Mina project growth - Gulf Business

RAK Properties H1 net profit jumps 80% on higher sales, Mina project growth Gulf Business

Major UAE Real Estate Developer RAK Properties to Accept Crypto Payments - Cryptonews

Major UAE Real Estate Developer RAK Properties to Accept Crypto Payments Cryptonews

RAK Properties revenues grow 40 percent to $381 million in 2024 - Economy Middle East

RAK Properties revenues grow 40 percent to $381 million in 2024 Economy Middle East

Real estate developers report a profit boost in Ras Al Khaimah - thenationalnews.com

Real estate developers report a profit boost in Ras Al Khaimah thenationalnews.com

Ras Al Khaimah real estate: RAK Properties reports strong first-half results with record sales growth - Arabian Business

Ras Al Khaimah real estate: RAK Properties reports strong first-half results with record sales growth Arabian Business

UAE's RAK Properties to accept Bitcoin, other cryptos for real estate deals - TradingView

UAE's RAK Properties to accept Bitcoin, other cryptos for real estate deals TradingView

Giorgio Armani and RAK Properties partner to launch world's first Armani branded beach villas in Ras Al Khaimah - ZAWYA

Giorgio Armani and RAK Properties partner to launch world's first Armani branded beach villas in Ras Al Khaimah ZAWYA

RAK Properties plans to launch 12 projects worth Dh5bn in 2025 - thenationalnews.com

RAK Properties plans to launch 12 projects worth Dh5bn in 2025 thenationalnews.com

UAE’s RAK Properties to accept crypto for global real estate deals - Cryptopolitan

UAE’s RAK Properties to accept crypto for global real estate deals Cryptopolitan

RAK Properties Launches 'EDGE', A Yacht-Style Waterfront Residential Tower On Raha Island - Construction Business News Middle East

RAK Properties Launches 'EDGE', A Yacht-Style Waterfront Residential Tower On Raha Island Construction Business News Middle East

RAK Properties enables crypto payments: Partners with Hubpay to attract investors - Gulf Business

RAK Properties enables crypto payments: Partners with Hubpay to attract investors Gulf Business

RAK Properties sees revenue leap 30% to $243m in Q3 - Arabian Business

RAK Properties sees revenue leap 30% to $243m in Q3 Arabian Business

RAK Properties Unveils Exclusive Beachfront Villas on Hayat Island - Construction Business News Middle East

RAK Properties Unveils Exclusive Beachfront Villas on Hayat Island Construction Business News Middle East

SNG: RAK Properties enables crypto payment to attract global buyers - TradingView

SNG: RAK Properties enables crypto payment to attract global buyers TradingView

RAK Properties Celebrates 20 Years With Strong Q1 2025 Financial Results - Construction Business News Middle East

RAK Properties Celebrates 20 Years With Strong Q1 2025 Financial Results Construction Business News Middle East

RAK Properties’ Sameh Muhtadi on why Ras Al Khaimah is a magnet for investors - Gulf Business

RAK Properties’ Sameh Muhtadi on why Ras Al Khaimah is a magnet for investors Gulf Business

RAK Properties sets vision for Ras Al Khaimah development - Arabian Gulf Business Insight | AGBI

RAK Properties sets vision for Ras Al Khaimah development Arabian Gulf Business Insight | AGBI

25. Sameh Muhtadi, CEO, RAK Properties - Construction Business News Middle East

25. Sameh Muhtadi, CEO, RAK Properties Construction Business News Middle East

Revenues halve, net profits down 20% at Rak Properties in 2018 - Construction Week Online

Revenues halve, net profits down 20% at Rak Properties in 2018 Construction Week Online

RAK Properties targets $816 million in sales for 2024 amid higher demand - thenationalnews.com

RAK Properties targets $816 million in sales for 2024 amid higher demand thenationalnews.com

RAK Properties reports 30% revenue growth in Q3 2024, driven by strong project sales - Construction Week Online

RAK Properties reports 30% revenue growth in Q3 2024, driven by strong project sales Construction Week Online

Ras Al Khaimah real estate: RAK Properties launches SKAI waterfront homes from just $207,000 as part of $1.4bn pipeline - Arabian Business

Ras Al Khaimah real estate: RAK Properties launches SKAI waterfront homes from just $207,000 as part of $1.4bn pipeline Arabian Business

RAK Properties posts record breaking profits in 2023 - Construction Week Online

RAK Properties posts record breaking profits in 2023 Construction Week Online

RAK Properties launches new residential project ‘Solera’ - ZAWYA

RAK Properties launches new residential project ‘Solera’ ZAWYA

RAK is surging ahead in real estate and tourism, say industry leaders - Gulf Business

RAK is surging ahead in real estate and tourism, say industry leaders Gulf Business

RAK Properties establishes Mirasol phase II - ZAWYA

RAK Properties establishes Mirasol phase II ZAWYA

Ellington And RAK Properties Appoint Contractor For $84M Development On Hayat Island - MEP Middle East

Ellington And RAK Properties Appoint Contractor For $84M Development On Hayat Island MEP Middle East

RAK Properties appointments Denniston as Chief Architects for Four Seasons Resort and Residences at Mina - Construction Week Online

RAK Properties appointments Denniston as Chief Architects for Four Seasons Resort and Residences at Mina Construction Week Online

RAK Properties reveals Quattro Del Mar at Mina Al Arab - Construction Week Online

RAK Properties reveals Quattro Del Mar at Mina Al Arab Construction Week Online

RAK Properties launches Solera apartment community in Downtown Mina District - Arabian Business

RAK Properties launches Solera apartment community in Downtown Mina District Arabian Business

Ras Al Khaimah government increases stake in RAK Properties to 34 percent - Economy Middle East

Ras Al Khaimah government increases stake in RAK Properties to 34 percent Economy Middle East

Ritz-Carlton signs agreement for RAK properties - Hotel Designs

Ritz-Carlton signs agreement for RAK properties Hotel Designs

EXCLUSIVE: RAK Properties’ CEO Sameh Muhtadi unveils Mina masterplan - Construction Week Online

EXCLUSIVE: RAK Properties’ CEO Sameh Muhtadi unveils Mina masterplan Construction Week Online

H1’19 profit down 46% at Rak Properties despite higher sales - Construction Week Online

H1’19 profit down 46% at Rak Properties despite higher sales Construction Week Online

RAK Properties in 'advanced discussions' with ultra-luxury brands for new eco-resort partnerships, CEO says - Arabian Business

RAK Properties in 'advanced discussions' with ultra-luxury brands for new eco-resort partnerships, CEO says Arabian Business

RAK Properties reinforces long-term growth strategy at AGM - ZAWYA

RAK Properties reinforces long-term growth strategy at AGM ZAWYA

Ras Al Khaimah real estate: Government takes 34% stake in RAK Properties - Arabian Business

Ras Al Khaimah real estate: Government takes 34% stake in RAK Properties Arabian Business

RAK Properties’ year-to-date results confirm consistent growth - ZAWYA

RAK Properties’ year-to-date results confirm consistent growth ZAWYA

RAK Properties, Ellington name main contractor for AED 310mn Hayat Island development - Arabian Business

RAK Properties, Ellington name main contractor for AED 310mn Hayat Island development Arabian Business

Ras Al Khaimah government to raise stake in RAK Properties to 34% from 5% - Gulf News

Ras Al Khaimah government to raise stake in RAK Properties to 34% from 5% Gulf News

RAK Properties Unveils $1.3B Mina Masterplan For 2025 - MEP Middle East

RAK Properties Unveils $1.3B Mina Masterplan For 2025 MEP Middle East

RAK Properties records $111m turnover in 2022 - Arabian Business

RAK Properties records $111m turnover in 2022 Arabian Business

RAK Properties books 70 percent hike in net profit - Construction Business News Middle East

RAK Properties books 70 percent hike in net profit Construction Business News Middle East

Top 100 GCC Real Estate Developers: Rak Properties - Construction Week Online

Top 100 GCC Real Estate Developers: Rak Properties Construction Week Online

RAK Properties targets Dh300m in 2020 revenue as it plans new projects - thenationalnews.com

RAK Properties targets Dh300m in 2020 revenue as it plans new projects thenationalnews.com

RAK Properties records $43.5 million profit, 2015 - Hotelier Middle East

RAK Properties records $43.5 million profit, 2015 Hotelier Middle East

UAE real estate: RAK Properties launches sales for Anantara Mina Residences - Arabian Business

UAE real estate: RAK Properties launches sales for Anantara Mina Residences Arabian Business

Assets rise $32m at UAE’s RAK Properties in H1 2018 - Construction Week Online

Assets rise $32m at UAE’s RAK Properties in H1 2018 Construction Week Online

Handover of Abu Dhabi’s ‘RAK Tower’ on track, developer says - Arabian Business

Handover of Abu Dhabi’s ‘RAK Tower’ on track, developer says Arabian Business

UAE real estate firm Rak Properties fires CEO Samuel Dean Sidiqi - Construction Week Online

UAE real estate firm Rak Properties fires CEO Samuel Dean Sidiqi Construction Week Online

Construction Week Top 50 GCC Developers 2021 Rank 16: Mohammed Al Tair - Construction Week Online

Construction Week Top 50 GCC Developers 2021 Rank 16: Mohammed Al Tair Construction Week Online

RAK Properties, Art Marine ink Mina Al Arab deal - Construction Week Online

RAK Properties, Art Marine ink Mina Al Arab deal Construction Week Online

RAK Properties announces Nikki Beach Resort & Spa in Mina Al Arab - Construction Week Online

RAK Properties announces Nikki Beach Resort & Spa in Mina Al Arab Construction Week Online

RAK Properties launches Verde Villas in Ras Al Khaimah - Construction Week Online

RAK Properties launches Verde Villas in Ras Al Khaimah Construction Week Online

UAE’s RAK Properties says Anantara Mina Al Arab resort to open in 2020 - Construction Week Online

UAE’s RAK Properties says Anantara Mina Al Arab resort to open in 2020 Construction Week Online

UAE’s RAK Properties set to expand in India - Construction Week Online

UAE’s RAK Properties set to expand in India Construction Week Online

RAK Properties Adds More Units To Flamingo Villa Community - Gulf Business

RAK Properties Adds More Units To Flamingo Villa Community Gulf Business

RAK Properties hands over villas at Mina Al Arab - Construction Week Online

RAK Properties hands over villas at Mina Al Arab Construction Week Online

RAK Properties To Accept Cryptocurrency Payments For Real Estate - FinanceFeeds

RAK Properties To Accept Cryptocurrency Payments For Real Estate FinanceFeeds

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