RAK Properties

RAK Properties

10+ Projects

About RAK Properties

Founded in 2005, RAK Properties is a leading developer known for diverse projects, including mixed-use communities, health spas, and strategic hotels and retail spaces. Renowned for excellence, the firm prioritizes high-quality, supervised projects, aiming to maximize investment value and elevate service standards. Beyond real estate, RAK Properties is committed to advancing tourism infrastructure in Ras Al Khaimah.

Distinctive for attracting international investors, the developer’s projects, from luxurious hotels to upscale malls, contribute to a vibrant property market in Ras Al Khaimah and the wider UAE. RAK Properties stands out for its unique designs, seamlessly integrating developments with nature. Embracing a sustainable ethos, the firm envisions communities that offer a healthy, energetic lifestyle in harmony with the environment.

Available Projects by RAK Properties


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).

Frequently Asked Questions

What are RAK Properties?

RAK Properties is a Public Joint Stock Company (PJSC) established in 2005 with the support of the Government of Ras Al Khaimah to oversee and develop the emirate's real estate sector.

What kind of properties does RAK Properties develop?

RAK Properties focuses on residential properties, including apartments, villas, townhouses, and mixed-use developments. They cater to diverse budgets and lifestyles.

Where does RAK Properties operate?

RAK Properties operates primarily within the emirate of Ras Al Khaimah, with a focus on Mina Al Arab, Al Hamra Village, and other key areas.

Why should I invest in RAK Properties?

RAK Properties offers several advantages for investors, including:
Affordability: Lower property prices compared to Dubai and Abu Dhabi.
Strong demand: Growing demand for residential units drives rental yields and capital appreciation.
Government support: The government actively supports the real estate sector through incentives and initiatives.
Diverse portfolio: A wide range of property types and locations to choose from.

How much is the average ROI for RAK Properties?

The average ROI is estimated to be around 7-9%. However, this can vary depending on factors like location, property type, and holding period.

What are the amenities offered by RAK Properties developments?

RAK Properties developments often feature amenities like swimming pools, gyms, landscaped gardens, children's playgrounds, and community centers.

What is the quality of life like in RAK?

RAK offers a relaxed and family-friendly environment with beautiful beaches, diverse recreational activities, and a growing infrastructure.

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