Check the handover date
Every project has its own handover date and payment plan, written in the sale and purchase agreement. RAK Properties is listed and publishes annual reports, so its record is easy to check.
RAK Properties: Projects, Prices and Handovers
RAK Properties is a Ras Al Khaimah developer set up by decree of the Ruler in 2005 and listed on the Abu Dhabi Securities Exchange. Our catalogue lists {count} projects in Mina Al Arab and Hayat Island from {from}.
- Established by decree
- 2005
- Government stake
- 34.2%
About
RAK Properties was established by Amiri Decree No. 5 of the Ruler of Ras Al Khaimah on 16 February 2005 and began operations on 2 June 2005. It builds Mina Al Arab, a waterfront community with six districts and two man-made islands, including Hayat Island.
The Government of Ras Al Khaimah holds 34.2%, the largest block (RAK Properties release, 8 July 2024). In our catalogue, 6 projects are in Mina Al Arab and 2 on Hayat Island, among them Cape Hayat, Nura and Skai Mina.
- Government-backed34.2%held by the Government of Ras Al Khaimah, the largest block (RAK Properties release, 8 July 2024)
- ListedADXAbu Dhabi Securities Exchange
Projects by area
Where the developer builds.
Projects
Current projects and starting prices.
Need help choosing a developer?
Write to Vladimir on WhatsApp. No form to fill in.
Contact us on WhatsAppVladimir Denisiuk
Track record
Delivery track record
- Established by Amiri Decree No. 5
- 2005
Decree of 16 February 2005; operations began on 2 June 2005. Source: RAK Properties annual report 2021.
What to check before you buy
Ras Al Khaimah has its own rules
Ownership, registration and escrow rules differ from Dubai. We confirm the rules for your project before you reserve.
Plan for the entry ticket
Prices start at {from}, so RAK Properties suits larger budgets. Six of the {count_w} projects are in Mina Al Arab, which makes comparison inside one community easy.
Frequently asked questions
Who owns RAK Properties?
RAK Properties is listed on the Abu Dhabi Securities Exchange. The Government of Ras Al Khaimah holds 34.2%, the largest block (RAK Properties release, 8 July 2024), which is why we tag it as government-backed.
Where does RAK Properties build?
In our catalogue, mostly in Mina Al Arab and Hayat Island.
What if my RAK Properties project is late?
The handover date for your unit is written in the sale and purchase agreement. Rules on registration and escrow differ by emirate, and we confirm them for your project before you reserve. Check the date, the clause on delays and the construction progress. Our guide to off-plan risk shows what to look at and when.
Can I resell a RAK Properties property before handover?
Resale conditions differ by emirate, by developer and by project: how much you must have paid, which fees apply and how the transfer works. We confirm the rules for your project before you reserve. Read more in our guide to reselling off-plan property.
Does RAK Properties offer payment plans?
RAK Properties sells its off-plan projects with instalment plans, and the terms differ from project to project and from launch to launch. We confirm the current plan with the developer and give you the date of that confirmation. This is free for you. The off-plan guide explains how plans are built.
What has RAK Properties delivered?
Established by Amiri Decree No. 5: 2005. Decree of 16 February 2005; operations began on 2 June 2005. Source: RAK Properties annual report 2021.
How does RAK Properties compare with other developers?
Use our developer comparison to put RAK Properties next to other developers: where they build, what they sell and what they have delivered. We can also compare specific projects for you.
