
Developer profile
RAK Properties
RAK Properties — RAYDOR-audited development image
What RAYDOR tracks
- Published projects
- 3 currently published projects in RAYDOR's research coverage
- Property types
- Apartment, Penthouse
- Price evidence
- 2 of 3 projects
- Payment-plan evidence
- 0 of 3 projects
- Handover evidence
- 2 of 3 projects
- Active emirates
- Ras Al Khaimah
- Evidence last reviewed
- 2026-08-20
The principal listed master developer in Ras Al Khaimah.
- Company / group history
- 2005 — UAE operating entity
- Ownership
- Publicly listed
- Headquarters
- Ras Al Khaimah, UAE
- Active emirates
- Ras Al Khaimah
Listed on the Abu Dhabi Securities Exchange (RAKPROP); the Government of Ras Al Khaimah is the largest shareholder.
What RAYDOR verifies
- Listed status and audited financial reporting
- Government shareholding
- Master-developer role at Mina Al Arab and Hayat Islands
- Delivered and occupied phases
What RAYDOR cannot verify
- Segment-level detail comparable to the larger listed developers
- Construction / build quality: No credible, consistent cross-developer UAE dataset currently exists. RAYDOR does not infer construction quality from reputation, price or construction model.
- On-time delivery: Not yet scored. RAYDOR is building a longitudinal record from official Dubai project data before making comparative claims.
Role and footprint
Whether a developer masterplans its own land or builds inside another company's community changes who controls delivery, amenities and the surrounding pipeline.
- Development role
- Master developer
- Geographic footprint
- Ras Al Khaimah only.
Master developer of Mina Al Arab and Hayat Islands in Ras Al Khaimah.
Master-community development for sale with hospitality assets.
| Community | Role | Master developer | Status |
|---|---|---|---|
| Mina Al ArabRas Al Khaimah | Master developer | — | Partially delivered |
| Hayat IslandsRas Al Khaimah | Master developer | — | Under development |
Construction model
Construction model does not indicate construction quality.
- Model
- External contractors
- Examples
- Not verified
Construction packages are tendered to third-party contractors.
Payment and commercial characteristics
Recurring, developer-wide patterns only. Individual projects can differ, and RAYDOR does not treat a payment structure as an indication of value.
Milestone-linked construction plans across Mina Al Arab and Hayat Island releases.
Pattern observed across current RAK Properties projects covered by RAYDOR.
Disclosure and delivery evidence
Disclosure level describes how much independently verifiable information is publicly available. It does not measure project quality or investment performance.
- Public disclosure
- Meaningful public disclosure
- Documented delivery history
- Meaningful documented history
Listed with published audited financial statements, though at a smaller reporting scale than Emaar or Aldar.
Delivered and occupied phases at Mina Al Arab.
This describes the amount of documented delivery history, not whether projects were delivered on time and not their construction quality.
What to watch
How the Ras Al Khaimah casino-resort catalyst affects its release schedule and pricing.
Projects RAYDOR tracks — RAK Properties
3 currently published projects in RAYDOR's research coverage. This is the set of published projects RAYDOR currently tracks, not a measure of the developer's size, sales volume or pipeline.
RenderOff-planThe Strand, Al Marjan Island
- RAK Properties
- Ras Al Khaimah · Al Marjan Island
From
Not verified
Handover
Not verified
RenderOff-planLunara at The Strand
- RAK Properties
- Ras Al Khaimah · Al Marjan Island
- Apartment · Penthouse
From
≈ USD 349K
Handover
Conflicting official information — anticipated Q1 2029, current developer page lists timing as TBC
RenderOff-planNura at Raha Island
- RAK Properties
- Ras Al Khaimah · Mina Al Arab
- Apartment · Penthouse
From
≈ USD 218K
Handover
Anticipated Q1 2029
Evidence last reviewed 2026-08-20.