Established Since: 2005
CEO: Sameh Muhtadi
RAK Properties Ras Al Khaimah is one of the leading developers in the UAE, founded with support from the Ruler of Ras Al Khaimah. As a trusted RAK real estate developer, the company has been delivering residential, hospitality, and commercial projects for 20 years. In Q1 2025, RAK Properties UAE recorded AED 370 million in revenue (28% growth) and AED 74 million in profit before tax (64% growth), with a strong project backlog of AED 2.33 billion.
RAK Properties portfolio includes high-end Ras Al Khaimah property investments across islands, waterfronts, and city locations. The company is actively aligned with RAK Vision 2030 and is developing over 3,000 units, with more than 800 handovers planned in 2025. Full-year 2024 results reached AED 4 billion in revenue and a AED 1.9 billion backlog, showing strong growth and investor confidence.
Mina Al Arab projects, such as branded homes with Anantara and Four Seasons, highlight the company’s focus on premium waterfront living. The mission of RAK Properties is to build sustainable communities, while the vision is to shape the future of urban life in Ras Al Khaimah through quality, partnerships, and value.