RAK Properties PJSC develops real estate. The Company helps involve foreign investors in developing hotels, resorts, malls, compounds, industrial areas, retail stores, schools, health spas, and leisure centers. Get the complete information about the RAK Properties PJSC Company profile and wiki for RAK Properties PJSC Know who is the owner of RAK Properties PJSC.
About the owner of RAK Properties PJSC
RAK Properties PJSC is located in the United Arab Emirates. RAK Properties PJSC was established in 2005 by the vision of highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties continues this unique ambition through focused attention to the future as well as meticulous attention to every detail.
About The RAK Properties PJSC
| Company Name | RAK Properties PJSC |
| Official Website | RAK Properties PJSC |
| Chairman | Abdulaziz Abdulla Al Zaabi |
| Founded | 2005 |
| CEO | Mohammad Sultan Al-Qadi |
| Status | Active |
| Head Office | UAE |
| Address | Al Muntasir Road – Suhaim – Ras Al-Khaimah – United Arab Emirates |
| Customer Care | Official Page Phone: +971 800 4020 |
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Details of the owner of RAK Properties PJSC
RAK Properties PJSC RAK Properties has a sound capital of AED 2 billion; the company’s founders, including the Government of Ras Al Khaimah, hold 45 percent while the remaining 55 percent is held by the public. The Initial Public Offering (IPO) of RAK Properties in early 2005 was oversubscribed by almost 57 times.
Abdulaziz Abdulla Al Zaabi is the Chairman of the company. Mr. Abdul Aziz Al Zaabi is a member of the Board of Directors of Julphar since 2017. His work experience covers 29 years in the Emirates. Mr. Abdul Aziz is presently the Vice Chairman of the National Council in Abu Dhabi, Chairman of the Gulf Investment authority, and Chairman of RAK properties.
Abdulaziz Abdulla al Zaabi Owner of RAK Properties PJSCMr. Abdul Aziz is a former CEO of the Islamic Investment Bank in KSA and Real State Bank. Mr. Abdul Aziz received his Bachelor in Business Administration (Global Business) from San Jose University in California, USA.
Details of the RAK Properties PJSC
RAK Properties PJSC RAK Properties offers individuals investment opportunities through the purchase of residential units in Ras Al Khaimah.
The current projects of the company, Mina Al Arab and Julfar Towers, are sold to individual investors of all nationalities in order to enable them to possess freehold residential units. With homes ranging from studio apartments and multiple-room apartments to luxury villas with up to five bedrooms, RAK Properties offers investors several convenient investment options.
They have established themselves as one of the UAE’s leading real estate developers. By using only the highest quality workmanship, materials, and finishes create stylish homes and elegant offices. The projects we have delivered to date include Julphar Towers, RAK Tower, and Mina Al Arab.
- Members of the board of RAK Properties PJSC Name Title Abdulaziz Abdulla al Zaabi Chairman Mohammad Sultan Al Qadi Director Sheikh Tariq Ahmad Humaid Al Qassimi Director Mohammad Ahmad Ruqait Director Nawwaf Ghubash Ahmed Al Maari Director
- Shareholders of RAK Properties PJSC
| Name | Equities | % |
| Mohammad Ahmad Ali h. Ruqait Al-Ali | 155,572,000 | 7.78% |
| The Vanguard Group, Inc | 35,570,384 | 1.78% |
| Dimensional Fund Advisors LP | 19,391,520 | 0.97% |
| Quoniam Asset Management GmbH | 5,700,091 | 0.29% |
| SSgA Fund Management, Inc | 4,804,667 | 0.24% |
| Segall Bryant & Hamill LLC | 190,221 | 0.0095% |
RAK Properties PJSC. Company Customer care
Phone number:-
- +971 800 4020
- +97172444432
Email id:-
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