Profile of a major organization

RAK Properties

PO Box 31113, Ras Al Khaimah, UAE, Tel +971 72284777, Fax +971 72272444
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Summary

RAK Properties is one of the largest property developers in the UAE. The company is currently implementing an ambitious expansion plan to support its portfolio, which includes Julfar Towers, a 45-storied twin office and residential project at a cost of AED 500 million; Mina Al Arab, a development spread over 43 million sq. feet at a cost of AED 10 billion; and RAK Towers in Abu Dhabi. RAK Properties' total assets are valued at AED 5.34 billion.

Sector

Real Estate

Sub-Sector

Developers and Landlords

Type
Joint-Stock
Ownership
Private | Listed
Date of Establishment
2005-02-16
Arabic Name
رأس الخيمة العقارية
Paid-Up Capital (in Millions)
Revenues (in Millions)
Major Shareholders

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Interesting historical book on the subject: Major Companies of the Arab World 2104 by Graham & Whiteside

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