RAK Properties to highlight sharper focus on hospitality at Cityscape Dubai 2015

Press release

Published September 8th, 2015 - 05:25 GMT

RAK Properties

RAK Properties PJSC, is one of UAE’s largest lifestyle developers, listed on the Abu Dhabi Stock Exchange, will be highlighting its growing focus on future hospitality opportunities at the Dubai stopover of premier real estate event Cityscape Global taking place from September 8 to 10, 2015 at the Dubai World Trade Centre. Senior management will share company’s latest news and prime offerings during the prestigious three-day property expo which will feature exhibitions, conferences, awards functions, publications, media, and a host of other major information platforms.

Over the past few years RAK Properties has made significant strides in expanding its portfolio and strengthening its market share through strategic developments such as its eco-centric AED 3 billion Mina Al Arab mixed-use waterfront community. The developer has been securing major partnerships with prominent hospitality brands and aims to sustain its momentum by pursuing new projects, enhancing amenities, and ensuring on-time delivery. Cityscape Global will be an excellent platform for RAK Properties to connect with existing and potential customers and investors, share and acquire expertise and market knowledge, and gain valuable insights on key industry trends and prospects.

Mohammed Sultan Al Qadi, Managing Director and CEO, RAK Properties, said: “RAK Properties incorporates Cityscape Global’s guiding principles of transparency, knowledge sharing, learning, networking and best practices into our own operations, which is why we prioritize our inclusion in this major industry event. In last year’s edition our Bermuda Villas were very well met by attendees, and we expect even more investor interest for our lineup this year given how our Mina Al Arab master development has grown into one of Ras Al Khaimah’s most sought-after property projects. ”

RAK Properties will set up a pavilion at Stand No. S3F30 at Cityscape Global - Dubai to entertain inquiries and showcase its distinctive portfolio. The company owns the eco-themed Mina Al Arab waterfront community and the Julphar Twin Towers freehold business and residential address in Ras Al Khaimah, and the unique tier-designed RAK Tower which is located in Abu Dhabi’s prestigious Al Reem Island.

Background Information

RAK Properties

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.