RAK Properties

RAK Properties is a Ras Al Khaimah-based real estate developer that was founded in 1999. The company's name is derived from the initials of the emirate, Ras Al Khaimah. RAK Properties is committed to creating sustainable and livable communities, and its developments are designed to meet the needs of a variety of residents, from families to professionals.

About developer

RAK Properties' most notable projects 

  • Al Hamra Village: A 1,200-hectare master-planned community that is home to over 20,000 residents. Al Hamra Village is a sustainable community that is designed to be car-free. The development is home to a variety of amenities, including a 100-hectare park, a 10-kilometer running track, and a number of schools and hospitals.
  • Al Hamra Mall: A 100,000-square-meter shopping mall that is home to over 200 stores. Al Hamra Mall is a popular destination for shoppers from all over Ras Al Khaimah.
  • Ras Al Khaimah Airport City: A 13.5-square-kilometer industrial park that is home to over 1,000 businesses. Ras Al Khaimah Airport City is a major hub for businesses in the UAE, and it is home to a variety of industries, including aviation, logistics, and manufacturing.

RAK Properties is known for its affordable housing and its commitment to sustainability. The company's developments are designed to be environmentally friendly and to provide residents with a high quality of life.

In addition to its work in Ras Al Khaimah, RAK Properties is also developing a number of other projects in the UAE, including:

  • The Pearl Ras Al Khaimah: A luxury residential development that is located on the shores of the Arabian Gulf.
  • The Cove Ras Al Khaimah: A beachfront resort that is located in the Al Hamra area of Ras Al Khaimah.
  • The Residences at The Palm Jumeirah: A 50-story luxury residential complex that is located on The Palm Jumeirah in Dubai.

RAK Properties is a well-respected company in the real estate industry and is known for its affordable housing and its commitment to sustainability. The company has won numerous awards for its work, including the 2021 Middle East Property Awards' Best Affordable Development (Al Hamra Village) and the 2022 CNBC Arabian Business Awards' Best Real Estate Developer in the Northern Emirates.

RAK Properties is a leading real estate developer in the UAE, and it is well-positioned to continue to grow in the years to come. The company has a strong track record of success, and it is committed to creating sustainable and livable communities.

Interesting facts about RAK Properties

  • The company is headquartered in Ras Al Khaimah, UAE, and has a team of over 500 professionals.
  • The company is committed to sustainability and has a number of green initiatives in place, including the use of solar panels and rainwater harvesting.

Artur Galliamov

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