Your guide to everything you should know when buying a property in Dubai.
Your guide to everything you should know when buying a property in Dubai.
About the Developer
RAK Properties PJSC is the leading publicly listed real estate developer in Ras Al Khaimah, established in 2005 under the patronage of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah. The company is listed on the Abu Dhabi Securities Exchange (ADX) with a capital of AED 2 billion.
Its portfolio is anchored by Mina Al Arab, a 4 million square metre waterfront master plan with homes, hotels, leisure spaces, and coastal districts. RAK Properties is developing over 3,000 units, with more than 800 handovers planned in 2025, and has brought in hospitality names including Nikki Beach, InterContinental (IHG), Anantara (Minor Hotels), and Four Seasons.
Led by CEO Sameh Muhtadi, RAK Properties is closely aligned with RAK Vision 2030 and the emirate’s plan to attract over 3 million tourists. In Q1 2025, the company reported AED 370 million in revenue (28% growth) and AED 74 million in profit before tax (64% growth), with a project backlog of AED 2.33 billion. Its developments are RERA-registered and structured with escrow protection.
Why Invest
RAK Properties is a practical fit for investors seeking waterfront living at lower entry points than Dubai, with the added reassurance of government support and public-market reporting. Ras Al Khaimah’s profile is rising quickly, and the upcoming Wynn Al Marjan Island adds another demand driver for well-located coastal property.
Portfolio
For Buyers
RAK Properties is a PJSC listed on the Abu Dhabi Securities Exchange with government backing, so buyers can review public reporting rather than rely only on private assurances. Quarterly financial updates and public governance add a layer of visibility that many private developers do not offer.
Ras Al Khaimah is entering a new growth phase, led by the upcoming Wynn Al Marjan Island casino resort and the emirate’s target of 3 million tourists by 2030. RAK Properties’ waterfront communities are positioned close to that tourism-led demand.
RAK Properties has partnered with Nikki Beach, InterContinental (IHG), Anantara (Minor Hotels), and Four Seasons across Mina Al Arab. These brands help shape the guest and resident experience while supporting rental-yield potential through hospitality-managed units.
Market Analysis
RAK Properties has a strong home-market position in Ras Al Khaimah’s rapidly growing real estate market. Dubai-focused developers such as Emaar and DAMAC offer premium waterfront projects at much higher price points, while RAK Properties gives buyers access to comparable coastal living at substantially lower entry prices in one of the UAE’s fastest-growing destinations.
The company’s Q1 2025 financial results show real momentum: AED 370 million in revenue (28% year-on-year growth) and AED 74 million in profit before tax (64% growth). Its AED 2.33 billion project backlog also points to a sizeable pipeline ahead.
RAK Properties’ land position across Al Marjan Island and Hayat Island, together with the expected pull of Wynn Al Marjan Island, gives the developer a clear investment angle. Its alignment with RAK Vision 2030 further supports the long-term case for Ras Al Khaimah property.
Publicly listed on Abu Dhabi Securities Exchange with AED 2 billion capital and full financial transparency.
4 million square metre flagship waterfront community with residential, hospitality, and leisure components.
Active development pipeline, with more than 800 handovers planned in 2025 alone.
Project backlog that reflects sustained demand and a sizeable pipeline.
Nikki Beach, InterContinental, Anantara, and Four Seasons across the portfolio.
Yes, RAK Properties has several credibility markers: it is a government-backed PJSC, listed on the Abu Dhabi Securities Exchange and established in 2005. Its developments are described as RERA-registered with escrow protection, and buyers can review public reporting, including quarterly financial updates, rather than relying only on private assurances.
Mina Al Arab is RAK Properties' flagship waterfront master community spanning 4 million square metres. It includes residential communities, branded hotels, beaches and leisure destinations across islands including Hayat Island and Raha Island, with hospitality names such as Nikki Beach, InterContinental, Anantara and Four Seasons.
RAK Properties gives buyers access to Ras Al Khaimah waterfront homes at lower entry prices than comparable Dubai projects. The investment case is linked to tourism growth, the upcoming Wynn Al Marjan Island casino resort, and the emirate's Vision 2030 target of attracting 3 million tourists.
RAK Properties works with Nikki Beach, InterContinental Hotels Group, Minor Hotels for Anantara branded residences, and Four Seasons. These partnerships sit mainly within Mina Al Arab and support the wider residential and hospitality positioning of the waterfront community.
Yes, RAK Properties PJSC is listed on the Abu Dhabi Securities Exchange. That listing gives buyers and investors access to public governance, quarterly reporting and financial transparency, with the company also reporting AED 370 million in revenue in Q1 2025.
Yes, RAK Properties may offer payment plans on off-plan homes, but the exact terms vary by project and availability. Payment schedules are typically construction-linked and may differ between launches, unit types and handover stages, so buyers should confirm the current plan directly before reserving.
Quattro Del Mar is a coastal development by RAK Properties on Hayat Island within Mina Al Arab. It includes studios, 1-3 bedroom apartments and sky duplexes, with access to Nikki Beach Resort & Spa, placing it within the developer's wider waterfront and hospitality-led portfolio.
Yes, RAK Properties developments that meet the minimum investment threshold can be eligible for UAE residence visa programmes. Eligibility depends on the property value and the applicable visa rules at the time of purchase, so buyers should confirm the latest requirements before reserving.
Explore More
