800 40 20

Media Centre

RAK Properties Sells Out in Julphar Residence on Reem Island, Abu Dhabi

RAK Properties PJSC, the leading real estate developer in Ras Al Khaimah, has announced the sell-out of all units in its Julphar Residence apartment building on Reem Island, Abu Dhabi. RAK Properties. The company has an ambitious pipeline of projects coming to market this year that will meet the demand for high quality community living.

Julphar Residence, the 23-storeyapartment building offers studio, one bed, two bed and three bed apartments with balconies as well comprehensive amenities including swimming pools, gym and outdoor and indoor play areas.

Sameh Al Muhtadi, the CEO of RAK Properties, said, “We are very pleased with the sales at Julphar Residence which reflects the desirability of this well-appointed apartment building in the heart of Abu Dhabi, and we will continue to bring high quality, well amenitised residential product to market to meet the strong demand we are seeing.”

Julphar Residence is conveniently located at the entrance to Reem Island which is just 5-minutes drive from downtown Abu Dhabi’s and 30 minutes from Abu Dhabi International Airport.

RAK Properties PJSC is the largest listed property developer in Ras Al Khaimah. Established in 2005, the company has successfully developed over 3,000 residential units, 372,000 sq.ft. of office space and 260,000 sq.ft. of retail.