RAK Properties appoints Raine & Horne as Holiday Home Operators for Mina Al Arab
RAK Properties, one of the UAE’s leading property development and tourism infrastructure companies, recently partnered with Raine & Horne, Dubai, to launch a holiday home offering for the beautiful waterfront community of Mina Al Arab.
Raine & Horne Holiday Homes will operate the holiday home segment in Mina Al Arab – both apartments and villas. The venture will be branded as “Raine & Horne Holiday Homes, Mina Al Arab.”
Emulating a perfect combination of quality and elegance, the luxurious Mina Al Arab by RAK Properties reflects a perfect blend of contemporary and modern designs. The property, an established waterfront community encompasses an area of 43 million square foot, majority of the development is dedicated to showcasing the core of life in ecological preserves, and is also home to a variety of marine life.
Mohammed Sultan Al Qadi, Managing Director at RAK Properties, “We are delighted to announce our partnership with Raine & Horne to launch a holiday home offering in Mina Al Arab. This collaboration will boost Mina Al Arab’s offering as a top tourist destination in the United Arab Emirates and we are confident that together we will meet the set expectations.”
Sanjay Chimnani, Managing Director Raine & Horne Dubai Group and Shine Sunny, CEO of Raine & Horne Holiday Homes said, “We are excited to be expanding into a promising region that complements our existing holiday homes portfolio in Dubai. The opportunity to work on RAK’s best tourist destination – Mina Al Arab is a strong affirmation of our skills, reach and expertise. We would like to create a fantastic opportunity for landlords who own properties in Mina Al Arab to earn income at times when their units would remain vacant and at the same time deliver a world-class holiday experience for our guests.”
Home to perfection, giving one the opportunity to live in the heart of nature with best-in-class amenities RAK Properties relentlessly strives to achieve innovation, excellence and quality in its projects. Through the construction of such projects and with several others in the pipeline, the leading developers have successfully been able to attract international investors.
RAK Properties is a Public Joint Stock Company (PJSC) formed in 2005 with the support of the Government of Ras Al Khaimah (RAK).
Founded in line with the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties aims at supporting and promoting the economic growth of Ras Al Khaimah as well as assisting the emirate’s community development initiatives. RAK Properties will also maximize shareholders’ value through its development projects in the coastal and inland areas of Ras Al Khaimah.