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About Us

Our Overview

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MD’s Message

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Our Leadership

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Management Team

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Our City

Our Overview

“We are progressive in every sense of the word”

Founded in 2005 by the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties continues this unique ambition through a focused attention to the future as well as meticulous attention to every detail.

Distinguished by excellence, contemporary design and proximity to nature, we create enduring lifestyles in the shape of communities for the people of tomorrow.

We continue to play a pivotal role in modelling the future. As a visionary business, we are driven by a passion for people and setting a greater standard of living.

This ambition can be seen and felt in every one of our developments. We have not only innovated some of the country’s most iconic architecture, we have also built a reputation for superior quality in beautifully-managed, people-focused projects.

We are progressive in every sense of the word. That’s why our name has become synonymous with the emirate’s and the country’s rapid growth. What sets us apart is our belief that with progression comes responsibility.

And that responsibility extends to every aspect of our country’s future: people, economy and nature.

Sustainability, design and the management of people’s expectation is no small feat, but one we have embraced with open arms. This sentiment is reflected in the proven excellence we continue to show in a wide range of projects including mixed-use community developments, strategically placed retail shops, health spas and hotels.

We are a trusted partner for foreign investors looking to launch state-of-the-art projects, including luxurious hotels, resorts and malls. We have sound capital of AED 2 Billion. The Initial Public Offering (IPO) of RAK Properties in early 2005 was oversubscribed by almost 57 times.

 

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MD’s Message

Dear Shareholders,

A key characteristic of our success in recent years, has been our continuing commitment to delivering quality homes within enduring and picturesque communities. Most evident in our master Mina Al Arab development, which continues to attract significant investment and interest. RAK Properties remains a trusted property developer in the region, delivering on promises to an ever-growing international and domestic customer base.

Construction on two-planned resorts has already started, with recent work contracts signed for 306-key Anantara Mina Al Arab, Ras Al Khaimah, and 350-key InterContinental® Ras Al Khaimah Mina Al Arab Resort. Signifying their respective hotel group’s entrance into the emirate, these announcements will stimulate further growth and interest in the Mina Al Arab master development and will generate sustainable and recurring income on a long-term basis for RAK Properties.

Further to Mina Al Arab refinements we will continue our drive to enhance our offering for current residents and prospective home owners – these are key elements of our strategy to ensure Mina Al Arab remains a much sought-after community within the UAE and the wider region. We also plan to reveal additional residential, hospitality and retail projects, all to complement RAK Properties’ existing portfolio and meet the needs and demands of the local, regional and international real estate markets.

RAK Properties’ success would not have been possible without the support and vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah. I would like to extend my thanks on behalf of the company for His Highness’ enduring efforts to improve the emirate’s excellent living conditions and world-class attractions, assets that continue to attract more people to an ever-expanding community.

Through constant guidance and encouragement of our Board of Directors, we remain committed to delivering quality projects ahead of schedule and achieving greater successes over the coming months. I personally thank our employees, investors and loyal customers for supporting our efforts.

Mohammed Sultan Al Qadi, MD RAK Properties.

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Our Leadership

Mr. Mohammad Hassan Omran

Chairman

Mr. Abdulaziz Abdullah Al Za’abi

Vice Chairman

Mr. Mohammad Ahmad Ruqait

Director

Sheikh Ahmed Omar Al Qassimi

Director

Sheikh Tariq Ahmed Humaid Al Qassimi

Director

Mr. Nawwaf Ghubash Ahmed Al Marri

Director

Mr. Samih Onsi Sawiris

Director

Dr. Mohammed Abdulla Mohammed Al Meherzi

Director

Management Team

Mr. Mohammed Sultan Al Qadi

Managing Director

Mr. Samuel Sidiqi

Chief Executive Officer

Mr. Mohammed Al Tair

Chief Operating Officer

Mr. M.J. Joseph

Chief Financial Officer

Mr. Giles Hannah

Chief Commercial Officer

Our City

Ras Al Khaimah, the most northerly of UAE’s seven emirates has become a destination of choice for tourists from the other emirates as well as international travellers and investors. Divided by a body of water called “Khour Ras Al Khaimah” the emirate is separated into a western region known as “Old Ras Al Khaimah” and an eastern region called “Al Nakheel”.

A sophisticated city that has contributed significantly to the formation of the UAE is the fourth largest emirate in terms of area and population. It is about 2,478 square kilometres and this area is 3.16% of the total area of the United Arab Emirates. Ras Al Khaimah is distinct in its culture, geography and natural location. Its coast is relatively long, making it a center for maritime and commercial activities across the continent for centuries; it has good mountain ranges bordering Oman, in addition to an area of desert, agricultural meadow areas and excavation sites dating back to the 3rd millennium.

Among the United Arab Emirates, Ras Al Khaimah has a unique heritage which has a full and clear historical background in its archaeology. It contains a combination of four types of terrain: rich plain; the mountains; coastal zone and the desert environment. The interaction between these different regions and the individual lifestyle from Ras Al Khamiah’s heritage makes it the important and populated area that it is.

Only 45 minutes from Dubai International Airport, Ras Al Khaimah, along with its rich Emirati heritage and warm Arabic hospitality is brimming with five-star hotels, international cuisine options, spas and theme parks. With its economy established as one of the most rapid growing in the area, the emirate is also focused on enhancing quality of life and living, improving energy and security, supporting social integrity, appreciating individual’s participation in all aspects of life.

Ras Al Khaimah is increasingly becoming a destination of choice for travellers as it is developing into an international hub for tourism and culture and is also home to numerous fascinating tourist landmarks, beautiful wildlife conservations and sanctuaries, and as of recent, golf, which has become one of the leading tourist attractions within the emirate.

Ranked as one of the Top 10 Small and Mid-sized Global Cities of the Future [Financial Times’ fDi Magazine], Ras Al Khaimah’s diverse economy has been instrumental in keeping the emirate on course in fulfilling its continued growth and objectives. The emirate’s own GDP continues to expand, driven by construction, building and manufacturing, infrastructure development, technology. 5-star hotels and some of the country’s best and most notable restaurants, entertainment centres, theme parks and lifestyle options can be now found in the emirate.