RAK Properties
Biggest pool of developers in Dubai
About:
RAK Properties was established in 2005 under the guidance of Sheikh Saud Bin Saqr Al Qasimi, the Ruler of Ras Al Khaimah. The company is dedicated to providing maximum comfort and security to future property owners by paying attention to every small detail. With its AED 2 billion capital, RAK Properties is a trusted partner for foreign investors. The company has been responsible for creating iconic architectural landmarks and managing new projects in the country.
Actual projects
RAK Properties ensures that all its projects and services meet or exceed environmental requirements. The company adopts practices that minimize waste, conserve energy, prevent pollution, and develop energy-efficient products to minimize environmental impact.
In the first half of 2022, RAK Properties reported a comprehensive income of AED 25.7 million (USD 7 million) and total assets of AED 6.2 million (USD 1.7 million) in the second quarter. The revenue for the first half reached AED 194 million (USD 53 million), with a significant profit attributed to the opening of InterContinental Ras Al Khaimah Mina Al Arab Resort & Spa.
Currently, RAK Properties is actively working on another hospitality project called Anantara Mina Al Arab Hotel & Resort, which is scheduled to be completed by 2023.
Off-Plan & New Projects by RAK Properties
Investing in the developing emirate of Ras Al Khaimah is a smart move, and RAK Properties offers a diverse range of off-plan projects at affordable prices.
Bay Residences provides 1-3 bedroom beachfront apartments for those seeking a premium lifestyle. The units vary in size from 721 to 1,926 sqft and offer stunning views of the Arabian Gulf and the Lagoon. The apartments are designed with nature-inspired materials to blend with the surroundings. The development is adjacent to the InterContinental Mina Al Arab Resort, offering various dining, retail, and entertainment options. Pedestrian areas, running tracks, cycling paths, and promenades promote a healthy lifestyle, while
wellness amenities provide relaxation. An attractive payment plan is available for those interested in investing in Bay Residences Central I.
Gateway Residence II is a low-rise residential tower located in the heart of the Mina Al Arab community on Hayat Island. The tower offers 1-2 bedroom apartments with living areas ranging from 907 to 1,655 sqft. The units are spacious and feature balconies with sea views. The building is conveniently located near art shops, F&B venues, and the Beach Clubhouse, with the Lagoon Walk situated opposite.
Northbay Residences is a luxurious project in Mina Al Arab on Hayat Island. The project offers studios, 1-3 bedroom apartments, and duplexes with sizes ranging from 397 to 3,003 sqft. Each unit features a spacious terrace with beachfront views. Amenities include swimming pools, sun loungers, and sports facilities.
Marbella Villas is an ideal option for larger families. Situated on Hayat Island, the community offers 2-5 bedroom two-storey villas and townhouses with living areas ranging from 2,527 to 5,934 sqft. Each villa has 2-3 parking spaces and abundant natural light from floor-to-ceiling windows. Amenities include gyms, outdoor pools, a cafe, beaches, and a children's playground.
Ready Projects by RAK Properties
If you prefer ready properties for immediate possession or investment, the following projects might interest you.
Julphar Towers is a mixed-use development located on Al Hisn Road. One tower is dedicated to office spaces, while the other offers residential units, including studios, 1-4 bedroom apartments, and 4-bedroom duplexes. The residential units range in size from 499 to 3,740 sqft. Amenities within the complex include a gym, swimming pool, children's playground, retail stores, and cafes. Nearby attractions include the creek, beaches, mangroves, National Museum of Ras Al Khaimah, Tower Links Golf Club, and Manar Mall. Julphar Towers sets a new standard for living and working in the emirate.
Actual projects
Dubai: A Premier Destination for Families in the UAE
Dubai stands out as an exceptional family-friendly emirate in the UAE, renowned for its commitment to safety, quality of life, and a nurturing environment for families. This thriving city boasts a world-class social infrastructure comprising international schools, kindergartens, esteemed universities, and top-tier healthcare facilities. Furthermore, Dubai offers an array of engaging activities for children of all ages, ranging from educational centers like KidZania to iconic attractions like The Dubai Mall's Oceanarium, water parks, ski resorts, and virtual reality experiences.
With over 90% of its population consisting of expatriates, Dubai has become a magnet for individuals and families seeking an optimal blend of living, working, and business opportunities. Many young professionals are now choosing to relocate with their families, drawn by the ease of balancing a career in the UAE with family life.
Notably, Dubai's urban landscape has been evolving to become increasingly family-centric. Developers are creating integrated communities that provide a comprehensive living experience for families. These communities feature essential amenities within close proximity, such as kindergartens, schools, parks, sports facilities, and play areas, all thoughtfully incorporated to enhance the quality of family life. Below, we delve deeper into what makes Dubai an ideal choice for families considering relocation.
Long-term or short-term rental
I'm considering renting out my one-bedroom apartment, and I'm wondering whether a long-term or short-term rental would be more advantageous?
To generate passive income, one can explore the option of renting real estate in Dubai, which includes both short-term and long-term rental opportunities. Short-term rentals can yield substantial profits but come with the drawback of potential vacant periods, particularly during the off-season. In contrast, long-term rentals offer a more consistent income stream, albeit at a lower daily rate.Published: 2024.10.18LearnMore
Dubai sights – where to go and what to see in 2022
Dubai is a popular tourist destination known for its warm climate, beautiful beaches, and world-class entertainment. In addition to famous landmarks like the Burj Khalifa and The Dubai Mall, the emirate offers a wide range of leisure options for visitors.
