RAK Properties

RAK Properties PJSC, a publicly listed property developer in Ras Al Khaimah, has sold out the first release of its latest waterfront development, Quattro Del Mar. The project attracted significant demand due to its prime location and iconic architecture. Following the sellout, the company has released the next collection of residences, including studios, apartments, duplexes and townhouses. RAK Properties' CEO, Sameh Muhtadi, stated that the success was due to the lifestyle promise of luxury amenities, making Mina Al Arab a desirable residential address. The company's plans align with RAK Vision 2030, aiming to make Mina Al Arab a community-centric lifestyle destination.

RAK Properties has launched Quattro Del Mar, a new residential project on Hayat Island, Mina Al Arab, Ras Al Khaimah. The development, which includes four towers, offers a variety of investment opportunities including studio retreats, one-bedroom apartments, sky duplexes and garden townhouses. The project also features unique amenities and close proximity to the exclusive Nikki Beach Resort & Spa. The CEO of RAK Properties, Sameh Muhtadi, has expressed that the launch of Quattro Del Mar is in response to the increasing demand for investment opportunities in Ras Al Khaimah.

RAK Properties and IHG Hotels & Resorts have expanded their strategic partnership with the introduction of 'Staybridge Suites Mina Al Arab' on Hayat Island in Ras Al Khaimah. The 156-key development, designed for extended-stay business and leisure travellers, features studio, one and two-bedroom apartments, a fitness centre, restaurant areas, and direct beach access. The Staybridge Suites Mina Al Arab is located within walking distance of the InterContinental Ras Al Khaimah Resort and Spa. The announcement follows the successful partnership between IHG and RAK Properties since the opening of the InterContinental Ras Al Khaimah in 2022.