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About us

Welcome to RAK Properties

RAK Properties is a leading real estate developer committed to producing exceptional and sustainable destinations.

Specialising in contemporary and meticulously crafted communities, RAK Properties integrates excellence, innovation, and nature to create enriching lifestyles in alignment with the aspirations of tomorrow’s people.

We play a pivotal role in achieving RAK Vision 2030, focusing on delivering economic, social, and environmental value, all aimed at enhancing lives and places, and contributing to the growing narrative of Ras Al Khaimah.

RAK PROPERTIES COMPANY TIMELINE

Born from the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi in 2005, RAK Properties stands as a beacon of future-forward development in the emirate of Ras Al Khaimah.

2024

RAK Properties AGM Approves Strategic Government Partnership

Government stake increase from from 5% to circa. 34%, pending ADX approval.

2024

RAK Properties Takes Off Amid Stellar Financial Performance

Reported significant growth in revenue and profits for FY2023, shatter previous records)

2024

Launched Quattro Del Mar

Recognised for architectural design, winning two key awards.

2023

RAK Properties unveils 3 new key projects

Porto Playa, Bayviews, and Cape Hayat are added to its impressive portfolio of real estate developments.

2023

Nikki Beach Resort & Spa Mina Al Arab announced

The 155-key resort, designed by Gensler, will integrate with the natural beauty of Mina Al Arab, emphasising sustainability and local craftsmanship.

2023

Anantara Mina Al Arab Ras Al Khaimah Resort launches

The Anantara is a luxury beachfront retreat amidst natural mangroves boasting 174 rooms.

2022

InterContinental Ras Al Khaimah Resort & Spa launches

A 351-room beachfront escape offers a selection of sea-facing romantic havens, private pool villas, and the exclusive Club InterContinental experience.

2022

Company reports AED 31 million in profits

The company reported nearly AED 31 million in profits, marking a year of financial stability and growth​​.

2017

Raha Island development begins

Bermuda Villas Delivered – 157 units

2011

Residential/Commercial towers launched

Julphar Towers in Ras Al Khaimah and RAK towers in Al Reem island, Abu Dhabi

2011

Lagoons area of Mina al Arab developed

Malibu Villas & Lagoon Views Launched

2010

Granada Villas Launched

Delivered 93 Units

2006

Mina al Arab

Mina al Arab is prepared for development

2005

RAK Properties IPO

The Initial Public Offering was oversubscribed by almost 57 times.

2005

RAK Properties established

The company was founded to drive economic growth and support community development initiatives in Ras Al Khaimah​​​​

INCOPORATION

DEVELOPING
RAS AL KHAIMAH

As we move towards an exciting future for Ras Al Khaimah, RAK Properties stands as a pillar of development and innovation. Our mission is to be the most respected lifestyle developer, building communities that embody the spirit of Ras Al Khaimah. With landmark projects like Quattro Del Mar, Cape Hayat and Porto Playa, we have established ourselves as one of the prime property developers in the Emirates.

About Ras Al Khaimah

OUR BRAND VALUES

Community-Centric

At the heart of our endeavours is a profound commitment to people. From the communities we nurture to the broader ecosystem of Ras Al Khaimah, our focus is on creating environments where individuals can connect, grow, and flourish. We are deeply invested in the well-being of our investor community, our team, our partners, and the society at large, striving to make a positive impact in every life we touch.

Value-Driven

Our ethos is anchored in adding meaningful value. We believe in the power of positive contributions, whether economic, social, or environmental. Our commitment to sustainable practices reflects our dedication to the betterment of society and the preservation of our planet, ensuring that we leave a legacy of positive change.

RESPONSIBLE & ACCOUNTABLE

Integrity, respect, and transparency guide our actions. We approach every decision with a sense of responsibility towards the people, the places, and the environment we interact with. Our commitment to ESG principles is unwavering, ensuring that our developments not only respect the natural beauty of Ras Al Khaimah but also enhance it for future generations.

EXCELLENCE

Our pursuit of excellence is relentless. We believe in setting new benchmarks, constantly evolving, and striving to exceed expectations in everything we do. For us, excellence is not just a goal but a continuous journey that sets RAK Properties apart as a leader in quality and innovation.

SUSTAINABILITY

Sustainability is the cornerstone of our vision for the future. We are driven by the long-term impact of our actions on our community and the environment. Our developments are designed to create lasting value, balancing progress with preservation, and ensuring that our legacy is one of responsible stewardship and sustainable growth.

A message from our CEO

At RAK Properties, our mission is to redefine luxury living in Ras Al Khaimah. We are committed to creating exceptional communities that blend sophistication, innovation, and sustainability. Each project, from our stunning beachfront developments to our vibrant urban residences, is crafted to provide an unparalleled living experience. We believe in a future where quality, elegance, and environmental stewardship are at the forefront of real estate development. Join us as we continue to shape the landscape of modern living in the UAE.

Sameh Muhtadi – CEO

A TEAM WITH A WEALTH OF EXPERIENCE

At the core of RAK Properties' success is a distinguished Leadership Team, each member bringing a unique blend of expertise, vision, and dedication to the table. Guided by principles of innovation, sustainability, and community development, our leaders are committed to steering RAK Properties towards a future where every project not only meets but exceeds the expectations of our stakeholders.