PropertyNivesh — Property Intelligence
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RAK Properties

Est. 2005 · Ras Al Khaimah, UAE · Listed (ADX) · UAE — Dubai & Ras Al Khaimah

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 3.9 Dependable — with caveats

Company overview

Who is RAK Properties?

Ras Al Khaimah's listed flagship developer — Mina Al Arab's lagoon district and the new Marjan beachfront portfolio riding the Wynn effect.

20

Completed projects

15M

Sq ft delivered

12

Ongoing projects

10

Upcoming projects

Our ratings

Builder Score Card

Each dimension is scored from delivery data, RERA filings and financial disclosures.

Construction quality 76/100
Delivery record 74/100
Customer satisfaction 74/100
Financial strength 84/100
Trust 78/100

On-time delivery: 78% of towers delivered within 6 months of committed date.

At a glance

RAK Properties in Numbers

RAK Properties is a listed (ADX) developer founded in 2005, headquartered in Ras Al Khaimah, UAE, active mainly in UAE — Dubai & Ras Al Khaimah. We rate it 3.9/5 overall — dependable, with caveats — which ranks 51st of the 212 developers we profile and ahead of 75% of them. Its strongest area is financial strength (4.2/5) and its weakest is delivery record (3.7/5). We track 2 of its projects across 1 city.

Benchmarking

How RAK Properties Compares

Each rating against all 212 developers we profile and the 20 in UAE — Dubai & Ras Al Khaimah.

Rating RAK Properties UAE — Dubai & Ras Al Khaimah average Better than
Construction quality 3.8/5 3.8/5 67% of developers
Delivery record 3.7/5 3.6/5 75% of developers
Customer satisfaction 3.7/5 3.7/5 73% of developers
Financial strength 4.2/5 3.9/5 84% of developers
Trust 3.9/5 3.9/5 71% of developers

Footprint

Where RAK Properties Builds

Buyer guidance

Should You Buy a RAK Properties Project?

RAK Properties is dependable, with caveats. Its weakest area is delivery record, so before booking, compare the promised and actual completion dates of its last few projects on the state RERA portal. Prefer construction-linked payment plans and check the project's RERA progress reports.

Check before you book

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Its latest annual report — debt, cash flow and pre-sales — since RAK Properties is listed.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.

The bottom line

Our Verdict

The institutional way to own the RAK re-rating; listed disclosure plus the emirate's backing. Our default RAK developer pick.

Portfolio

RAK Properties Projects

Every project links to its own page. Gold entries carry full PropertyNivesh research; the rest have overview pages while research completes.

Residential

Questions

RAK Properties: FAQs

Is RAK Properties a good builder? +

We rate RAK Properties 3.9/5 overall — dependable, with caveats. The institutional way to own the RAK re-rating; listed disclosure plus the emirate's backing. Our default RAK developer pick.

Is RAK Properties a listed company? +

Yes. RAK Properties is listed on the ADX, so it publishes audited financial results.

Where does RAK Properties have projects? +

We track RAK Properties projects in Ras Al Khaimah. None has a full research page yet.

Does RAK Properties deliver on time? +

RAK Properties has delivered 78% of its towers within six months of the committed date, and we rate its delivery record 3.7/5.

How many projects has RAK Properties completed? +

RAK Properties reports 20 completed projects and about 15 million sq ft delivered.

Compare RAK Properties against another builder →