RAK Properties Launches VERDE Villas at Hayat Island

Press release
Published April 22nd, 2018 - 08:03 GMT
Verde Villas Town Houses
Verde Villas Town Houses

RAK Properties, one of the leading real estate companies in the UAE, announced the launch of VERDE Villas, the latest addition to Hayat Island master plan.

These highly sought-after residences spread evenly in two clusters of eight townhouses with two parking spots provided for each townhouse. Surrounded by first-class amenities with only 5 minutes walking distance from Intercontinental Mina A l Arab Hotel & Resort and the common amenity area that has two swimming pools, landscaped areas with setting and children’s play areas. Each townhouse cluster also features its own recreational park, giving meaning to the name “Verde” (green).

Commenting on the project, Mohammed Sultan Al Qadi, RAK Properites’ Managing Director and Chief Executive Officer, “We are incredibly pleased with the response that VERDE Villas have had. Providing the serenity of natural surroundings is something that we knew would define this project from the start. Following the launch of Northbay Residence on Hayat Island, we will continue to add to our portfolio based on strategically defined map”

Last September, the company unveiled Hayat Island, a 811,420m2 mixed-use project that will feature food and beverage, shopping, and recreational offerings, in addition to hospitality and residential options, in Ras Al Khaimah. Hayat Island's residential area is composed of approximately 2,452 apartments, split as 5 Studios, 7 lofts, 1,117 one-bedroom, 1,030 two-bedroom, and 385 three-bedroom units and 8 spacious three-bedroom (duplex).

Hayat Island is a merge of diversity and sustainability, an exceptional project set in UAE. The island hosts the best of weather, food, architecture, technology, landscape and much more all at one place. v There is a diverse range of choice for culinary lovers, restaurants always serving world cuisine at its best. The opportunity to enjoy water sports and the beach is on a high with 3,544 meters of planned coastline and astounding 1,360 meters of beach.

With proven excellence in a wide range of projects including mixed-use community developments, strategically placed retail shops, health spas and hotels, RAK Properties continues to play a central role in shaping the lifestyle of residents of the United Arab Emirates.

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. 

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