RAK Properties is a Public Joint Stock Company (PJSC) established by the Ras Al Khaimah Government's Investment and Development Office in 2005, that is listed on the Abu Dhabi Securities Market (ADSM).
RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on Abu Dhabi Stock Exchange, has announced the commencement of the handover of six buildings in Precinct 2 of Mina Al Arab Lagoon District.
RAK Properties has moved its headquarters to Julphar Towers, one of its flagship projects, to better serve its rapidly increasing customer base in the UAE. The Abu Dhabi-listed real estate development company announced that it will occupy 40th and 41st floors of the 45-storey Julphar Towers.
RAK Properties PJSC, Ras Al Khaimah’s leading property developer listed on the Abu Dhabi Securities Market, and United Arab Bank P.J.S.C. (UAB) have signed an MoU for enabling finance for properties developed by RAK Properties. The tie-up comes at a time when most local banks are looking at Northern Emirates as an ideal market for offering mortgages because many leading flagship projects are at completion stages.
