2015-09-07

New projects, enhanced amenities & on-time delivery among top priorities.

RAK Properties PJSC, Ras one of UAE’s largest lifestyle developers, listed on the Abu Dhabi Stock Exchange, will be highlighting its growing focus on future hospitality opportunities at the Dubai stopover of premier real estate event Cityscape Global taking place from September 8 to 10, 2015 at the Dubai World Trade Centre. Senior management will share company’s latest news and prime offerings during the prestigious three-day property expo which will feature exhibitions, conferences, awards functions, publications, media, and a host of other major information platforms.

Over the past few years RAK Properties has made significant strides in expanding its portfolio and strengthening its market share through strategic developments such as its eco-centric AED 3 billion Mina Al Arab mixed-use waterfront community. The developer has been securing major partnerships with prominent hospitality brands and aims to sustain its momentum by pursuing new projects, enhancing amenities, and ensuring on-time delivery. Cityscape Global will be an excellent platform for RAK Properties to connect with existing and potential customers and investors, share and acquire expertise and market knowledge, and gain valuable insights on key industry trends and prospects.

Mohammed Sultan Al Qadi, Managing Director and CEO, RAK Properties, said: “RAK Properties incorporates Cityscape Global’s guiding principles of transparency, knowledge sharing, learning, networking and best practices into our own operations, which is why we prioritize our inclusion in this major industry event. In last year’s edition our Bermuda Villas were very well met by attendees, and we expect even more investor interest for our lineup this year given how our Mina Al Arab master development has grown into one of Ras Al Khaimah’s most sought-after property projects. ”

RAK Properties will set up a pavilion at Stand No. S3F30 at Cityscape Global – Dubai to entertain inquiries and showcase its distinctive portfolio. The company owns the eco-themed Mina Al Arab waterfront community and the Julphar Twin Towers freehold business and residential address in Ras Al Khaimah, and the unique tier-designed RAK Tower which is located in Abu Dhabi’s prestigious Al Reem Island.

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Editors Note:

RAK Properties, a Public Joint Stock Company listed on the Abu Dhabi Securities Market, is a real estate development company established to implement the emirate’s plans to promote real estate, tourism and leisure facilities in RAK and invest in interesting projects. It is intended that its activities will encourage economic growth in the UAE in general and Ras Al Khaimah in particular. The company launched its first project, Julfar Towers – a 45-storied twin office and residential project at a cost of AED 500 million – in February 2006 followed by Mina Al Arab – spread over 43 million sq. feet at a cost of AED 10 Billion – in May 2006. It also launched RAK Tower in Abu Dhabi at Cityscape Dubai.