Ras Al Khaimah retains its A/A-1 status from S&P with a stable outlook reaffirmed for the Emirate in its S&P Global report
Demonstrating confidence from global markets, this respected industry verification is based on the solid foundations of exceptionally low debt (7.4% of GDP) and a substantial net asset position (23% of GDP).
Ras Al Khaimah’s rating, and its clear and ambitious Vision 2030 strategy position it as an in-demand destination for investment.
The Emirate’s position alongside Abu Dhabi in the S&P ratings, highlights its continued long-term transformation into a global destination for luxury living, high-value investment, and unparalleled economic opportunity.
The S&P report serves as a clarion call for strategic, robust, and resilient development. This is being carried out across multiple real estate fronts from commercial, tourism and hospitality, to residential communities.
RAK Properties is a key economic contributor to the Emirate with much of its 5,000,000 sqm land bank situated in Ras Al Khaimah. Guided by a mission to enhance lives and places, we are actively shaping the future of living in the Emirate. Our approach blends confidence in the underlying fundamentals of the local market with a disciplined development strategy that ensures we balance the needs of today with those of tomorrow.
With so many key projects underway across the Emirate that will be delivered over the near term, RAK’s economy continues to diversify and thrive.
