RAK Properties, a Public Joint Stock Company established in 2005 with the backing of the Government of Ras Al Khaimah, aligns with the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi. Committed to Ras Al Khaimah's economic growth and community development, it focuses on coastal and inland projects. With a robust capital of AED 2 billion, the company is primarily held by the Government of Ras Al Khaimah. The company's IPO in 2005 was oversubscribed by nearly 57 times. RAK Properties aspires to lead real estate and tourism infrastructure development, attracting foreign investors for cutting-edge projects like hotels, resorts, malls, and industrial zones, catalyzing a vibrant property market in Ras Al Khaimah and the UAE.
