Real estate firms of UAE sign a MoU at cityscape Dubai 2006

A subsidiary group of Al Qudra holding in UAE, the Al Quadra real estate (AQRE) has signed a MoU agreement at Dubai’s cityscape along with RAK properties which are the largest real estate developers in RAK. Both groups would contribute in developing the real estate sector of Emirates. This agreement was signed between Eng. Salah Salem bin Omair Al Qudra holding and Mohammed Sultan Al Qadi the managing director of RAK properties.
Eng. Al Shamsi said that he was overwhelmed with the deal with RAK properties. He also said that now AQRE has the expertise, support and all the resources it needed to work these projects to success in Emirates. Eng. Al Shamsi expressed his desire to be successful in his endeavor to serve the country and deliberated his confidence to generate massive profits in the real estate sector with this association.
This strategic partnership of two of Emirates real estate giants would help AQRE to develop residential and commercial properties in Ras Al Khaimah. AQRE would also support the RAK properties in a joint development of recently launched realty projects in UAE. These projects are ‘Mina Al Arab’ and ‘Julfar Towers’ in RAK.