RAK Properties

RAK Properties is a Ras Al Khaimah-headquartered UAE developer established in 2005, with 4,059 completed units reported as of 31 March 2026. Oplus International Realty uses this developer profile to connect buyers with RAK Properties projects currently tracked on our platform and place their location, delivery stage and project data in context.

RAK Properties in Ras Al Khaimah

RAK Properties has played a long-term development role in Ras Al Khaimah since its establishment in 2005. Its main residential and hospitality activity is now concentrated around Mina, a large waterfront destination incorporating Hayat Island, Raha Island and new harbour districts.

The company is publicly listed on the Abu Dhabi Securities Exchange under the ticker RAKPROP. This gives buyers access to published financial statements, investor presentations and regular construction updates alongside the information released for individual projects.

RAK Properties also has a delivery history beyond Ras Al Khaimah. Its corporate timeline records RAK Tower and Julphar Residence in Abu Dhabi among its completed developments.

Completed Homes and Current Pipeline

RAK Properties reported 4,059 completed units as of 31 March 2026. Its Q1 2026 investor presentation also recorded 3,145 units under construction and 1,767 units in the planning stage.

The pipeline continued to move through handover during the first half of 2026. By 30 June, the developer said 264 homes had been handed over during the year and maintained a target of 1,400 deliveries for the full year.

More than 5,000 homes were also progressing through design, planning, development and delivery across the Mina landbank at the end of June 2026.

These figures show the scale of the current programme, but they do not make every development equivalent. Buyers should assess construction progress, location, completion timing and payment obligations at individual project level.

Mina and the Waterfront Portfolio

Mina is the centre of RAK Properties’ current development programme. The destination includes residential communities, hotels and branded residences spread across Hayat Island and Raha Island.

Recent and active developments include Cape Hayat, Bay Views, Bay Residences, Quattro Del Mar, Edge, Mirasol, SKAI, Anantara Residences, Solera and Nura. The portfolio also includes completed communities and handover-stage developments from earlier phases of Mina.

The company is expanding beyond the existing Mina waterfront as well. In February 2026, RAK Properties announced The Strand within the Marjan Beach district, a mixed-use masterplan covering 185,759 square metres.

This expansion creates a broader Ras Al Khaimah footprint, so future projects should be compared by their exact district rather than grouping every RAK Properties development under the same location assumptions.

RAK Properties Projects Tracked by Oplus

Oplus currently tracks Nura by RAK Properties on this developer page.

Nura is planned along Mina’s central boulevard. The developer’s published project factsheet lists 312 homes across studios, one-, two- and three-bedroom configurations and four-bedroom penthouses.

The same developer factsheet lists studios from 375 square feet and a published starting figure of AED 800,000, with anticipated completion in Q1 2029.

Those figures describe the developer release rather than permanent inventory. Unit mix, pricing and payment terms can change between sales releases, so the individual project page should be checked against the latest confirmed data.

What Buyers Should Check

The developer’s 20-year operating history and completed portfolio provide useful context, but an off-plan purchase should still be assessed at project level.

Buyers should verify project registration, escrow arrangements, current construction progress, the contractual handover date and the payment schedule for the selected release. Unit size and total acquisition costs also need to be checked before comparing prices with another development.

Location matters as much as the developer name. A property on Hayat Island, Raha Island or within a newer mainland masterplan can have a different surrounding supply pipeline, completion profile and day-to-day living environment.

For investment decisions, comparisons should use equivalent unit sizes and completion periods in the same Ras Al Khaimah submarket rather than relying on a headline starting price alone.