RAK Properties is the flagship developer of Ras Al Khaimah, founded in 2005 as a public company. It owns the largest developments in RAK — Mina Al Arab (a waterfront community with InterContinental + Anantara), Hayat Island (a man-made island) and RAK Central (the new CBD of RAK). It operates primarily in RAK with a small presence in Abu Dhabi. It benefits from the Wynn Al Marjan 2027 effect, which is driving significant price growth.
The dominant player in RAK real estate — with no real competition at scale. Its developments command a significant premium thanks to the Wynn Al Marjan effect (the first licensed casino in the Middle East, opening Q1 2027).
RAK Properties has maintained a steady delivery record — the first phases of Mina Al Arab have been delivered, while Hayat Island and RAK Central are under aggressive construction ahead of the Wynn 2027 opening.
Over 20 years (since 2005). Hundreds of units delivered, thousands in progress
A public company backed by the Government of RAK. Annual revenue has been climbing aggressively since 2023 on the back of rising prices. Low financial risk.
RAK Properties specialises in master-planned developments with an emphasis on tourism and waterfront living. Its hallmark: communities that combine residential, hospitality and leisure — comparable to Aldar's approach in Abu Dhabi, but in the mid-market segment.
Attractive construction-linked payment plans. For off-plan projects — flexible options with 60/40 or 70/30 structures.
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The dominant developer in Ras Al Khaimah — with no real competition at scale. It benefits from the Wynn Al Marjan effect, which is expected to drive significant price growth through 2028.
Yes — a public company since 2005, backed by the Government of RAK. A steady delivery record. Low financial risk.
RAK Properties' flagship development — a master-planned waterfront community with InterContinental, Anantara and mangrove lagoons. A blend of residential living and luxury tourism.
Wynn Al Marjan Resort — the first licensed casino in the Middle East, opening Q1 2027. Real estate prices in RAK are expected to rise by 30-50% through 2028.
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