RAK Properties at Expo

Mohammed Sultan Al Qadi, Managing Director, RAK Properties, Ras Al Khaima’s major real estate developers announced that their organization will extend its proactive support in promoting Ras Al Khaimah in the national as well as international scenario in the real estate sector. RAK Properties will be an active participant at the upcoming Cityscape 2006 property investment and development expos where it will show case their up-and coming projects. The event will attract several high net worth local as well as global investors who seek alternate investment options in the UAE. RAK Properties seeks to complement Ras Al Khaima’s plans for all round development in tourism, sports, media, and retail with yet to be untapped real estate sector in the emirate’s larger plans to bring itself on the world map. In February 2006, RAK launched its first project, the Dh500 million worth, 43-storeyed Julfar Towers, the twin office and residential towers followed by the Dh 10 million Mina Al Arab spread over 30 million sq. feet in May 2006.