Portfolio
Mina Al Arab
Nestled along the Ras Al Khaimah shoreline, Mina Al Arab is a waterfront community enveloped by wetlands and beaches. Tailored for those who cherish an ocean-side lifestyle, this community prioritizes the preservation of natural surroundings, attracting diverse marine life and tourists. Featuring trails for hiking and biking, Mina Al Arab offers various subcommunities like Granada, Malibu, Lagoon Views, Flamingo Villas, Lagoon Marina, Lagoon Walk, and Bermuda. Ideal for ocean lovers, it provides proximity to retail stores, cafes, and gardens, ensuring convenience in a tranquil setting.
Al Reem Island Abu Dhabi
Al Reem Island stands out as one of Abu Dhabi’s rapidly developing neighborhoods. Boasting a mix of residential and retail offerings, this island has swiftly become a highly sought-after location. Potential residents can select from a diverse range of property types, including luxury penthouses, apartments, and picturesque waterfront villas.
Living on Reem Island in Abu Dhabi offers residents convenient access to a plethora of amenities, including restaurants, supermarkets, schools, mosques, churches, and more. Notable establishments like Geant Supermarket, Al Aziz Mosque, Mosaic Nursery, Carrefour Supermarket, and St. Joseph’s Cathedral are integral parts of the community, enhancing the overall lifestyle experience for residents.
Hayat Island
Hayat Island , located in Ras Al Khaimah, is a 6,000,000 sq. ft. man-made haven designed for outdoor recreation and entertainment. Developed by RMJM, it promises to be a sought-after tourist destination, offering tranquil spaces and picturesque views of the Arabian Gulf. Residents can enjoy water activities, including romantic canoeing and open-air cinema on the water. The island features a sandy beach, landscaped parks, and residential complexes, providing a peaceful living environment surrounded by nature. On the other side, resort hotels, high-rise towers, and a vibrant urban landscape offer a mix of amenities, including cafes, restaurants, gyms, and retail stores.
Julphar Towers
Julphar Towers, a 43-storey twin-tower complex by RAK Properties, seamlessly blends commercial and residential spaces. With 349 apartments and 468 offices, it offers freehold options, including studios and 1 to 4-bedroom apartments. The modern amenities include a gym, swimming pool, Jacuzzi, play area for kids, day care center, facilities for the disabled, business center, conference room, and a cafeteria. A perfect fusion of convenience and contemporary living.
Expertise
RAK Properties is known for its expertise in developing residential, commercial, and industrial properties in Ras Al Khaimah. Some key aspects of RAK Properties’ expertise include:
Diverse Portfolio: RAK Properties has been involved in the development of a diverse range of projects, including residential communities, hotels, and industrial zones.
Strategic Locations: The company has strategically chosen locations within Ras Al Khaimah for its projects, considering factors such as accessibility, infrastructure, and potential for growth.
Commitment to Quality: RAK Properties is generally committed to delivering projects of high quality, often incorporating modern designs and amenities to meet the expectations of residents and investors.
Community Development: The company’s projects often contribute to the overall development and enhancement of communities in Ras Al Khaimah, providing residents with a range of facilities and services.
Sustainability: Like many modern real estate developers, RAK Properties may also emphasize sustainability in its projects, incorporating eco-friendly practices and technologies where applicable.
RAK Properties’ Market Trends
The general expected Return on Investment (ROI) for properties developed by RAK Properties is in the range of 7-9%. This percentage represents the anticipated profitability or return that investors might expect on their investments in RAK Properties’ projects.
However, specific areas and property types within RAK Properties’ portfolio can offer even higher yields, providing potential investors with more detailed insights into the expected returns. Here are some specific figures based on H1 2023 data:
Al Hamra Village:
- Apartments: 11.61%
- Villas: 6%
Mina Al Arab: Villas: 5%
Yasmin Village:Apartments: 7%
In Al Hamra Village, apartments are projected to yield an impressive 11.61% ROI, while villas in the same area are expected to provide a 6% return. Meanwhile, in Mina Al Arab, the ROI for villas is projected to be 5%. In Yasmin Village, the anticipated ROI for apartments is 7%.
RAK Properties Market Cap
As of today, the last quarter of 2023, RAK Properties’ market capitalization (market cap) stands at AED 1,940,000,000. This figure represents the total value of all publicly traded shares of the company, calculated by multiplying the current share price (AED 0.97) by the outstanding number of shares (2,000,000,000).
