RAK Properties, based in Ras Al Khaimah, is a property developer established in 1999. They focus on creating sustainable, livable communities for a diverse range of residents, from families to professionals.
Their notable projects include Al Hamra Village, a car-free, 1200-hectare community with over 20,000 residents, featuring a 100-hectare park, a 10-kilometer running track, and various schools and hospitals. Al Hamra Mall, a 100,000-square-meter shopping center, is another popular project, home to over 200 stores. RAK Properties also developed Ras Al Khaimah City-Airport, a 13.5 square kilometer industrial park housing over 1000 businesses, serving as a major business hub in the UAE.
RAK Properties is known for its affordable housing and commitment to sustainable development. Their projects are designed to be environmentally friendly and provide a high quality of life.
They have also developed several other projects across the UAE, including the luxury residential complex Pearl of Ras Al Khaimah, the coastal resort The Cove Ras Al Khaimah, and the 50-story luxury residential complex Palm Jumeirah Residences in Dubai.
RAK Properties has garnered numerous awards, including the Middle East Property Awards 2021 for Best Affordable Project (Al Hamra Village) and the CNBC Arabian Business Awards 2022 for Best Developer in the Northern Emirates.
The company's headquarters is in Ras Al Khaimah, UAE, with a team of over 500 professionals. They are committed to sustainable development and implement green initiatives, including the use of solar panels and rainwater harvesting.