RAK Properties is a leading real estate developer headquartered in Ras Al Khaimah. Established in 2005, the company develops residential, hospitality, commercial and mixed-use destinations designed to support the emirate’s continued economic and tourism growth.
The company is a Public Joint Stock Company listed on the Abu Dhabi Securities Exchange and backed by the Government of Ras Al Khaimah. Its development strategy aligns with RAK Vision 2030, with a focus on creating sustainable communities that combine waterfront living, nature, hospitality and everyday amenities.
RAK Properties is best known for Mina, its established coastal destination incorporating Hayat Island, Raha Island, Downtown Mina and the Lagoons. Its expanding portfolio also includes The Strand in Marjan Beach District, alongside branded hospitality and residential partnerships with Four Seasons, Anantara, Nikki Beach and Giorgio Armani.
RAK Properties was established in 2005 to support economic growth and community development across Ras Al Khaimah.
Government
RAK Properties is backed by the Government of Ras Al Khaimah and supports the objectives of RAK Vision 2030.
The developer has been listed on the Abu Dhabi Securities Exchange as a Public Joint Stock Company since 2005.
RAK Properties combines extensive local experience, government backing and a growing portfolio of waterfront destinations in Ras Al Khaimah.
For sale
Solera Downtown Mina
Mina Al Arab
Solera by RAK Properties is a refined Downtown Mina development offering studios, one to three-bedroom suites and spacious penthouses.
From: AED 809K
Completion date:
Q2 2028
Payment plan:
35/65
View details
For sale
Nura
Mina Al Arab
Nura is a contemporary residential development in Downtown Mina offering light-filled homes ranging from studios to exclusive penthouses.
From: AED 1.29M
Completion date:
Q1 2029
Payment plan:
40/60
View details
For sale
The Strand Lunara
Al Jazeera Al Hamra Industrial
The Strand Lunara is a contemporary residential destination at Al Marjan Beach offering modern apartments within a walkable, community-focused coastal setting.
From: AED 1.07M
Completion date:
Q1 2029
Payment plan:
40/60
View details
RAK Properties offers structured payment plans that vary according to the development, property type and current sales release. Payments are generally divided between an initial booking amount, scheduled instalments during construction and a remaining balance payable at handover. Selected projects may also provide post-handover or mortgage financing options, subject to the applicable terms. Buyers should confirm the latest prices, payment schedules, fees and availability before reserving a property.
RAK Properties may appeal to investors seeking exposure to Ras Al Khaimah’s expanding residential, hospitality and tourism markets. Its waterfront communities combine residential property with beaches, hotels, restaurants, marinas and leisure facilities designed to support destination growth.
Mina provides access to an established coastal community with completed infrastructure and a growing collection of new residential and hospitality projects. The Strand offers an additional opportunity within Marjan Beach District, while branded projects may appeal to buyers seeking differentiated properties with internationally recognised design or hospitality concepts.
The developer’s government backing, ADX listing and long operating history provide institutional credibility. However, investment performance will depend on the selected project, purchase price, construction progress, service charges, short-term rental regulations and future supply within Ras Al Khaimah.
