RAK Properties is a public joint stock company owned by its shareholders and traded on the Abu Dhabi Securities Exchange. The Government of Ras Al Khaimah increased its shareholding to approximately 34% in 2024.

Sameh Muhtadi is the Chief Executive Officer of RAK Properties. He has international experience in real estate development, operations, corporate governance, market strategy, and customer-focused business management.

The company’s head office occupies floors 40 and 41 of Julphar Towers in Ras Al Khaimah. It also operates a sales pavilion at Mina, its flagship waterfront destination.

RAK Properties is particularly known for Mina, its flagship waterfront community, and Julphar Towers, a prominent Ras Al Khaimah landmark. Its portfolio also includes residential communities, resorts, branded properties, commercial developments, and mixed-use destinations.

Its principal destinations include Mina, an established coastal community with beaches, marinas, homes, and resorts, and The Strand, a connected master-planned community within Ras Al Khaimah’s Marjan Beach District.

The company develops apartments, penthouses, villas, townhouses, commercial towers, hospitality properties, resorts, branded homes, and mixed-use communities. Its operations also cover property sales, leasing, management, development, and customer services.

RAK Properties may appeal to buyers seeking an established, government-backed, publicly listed developer with a growing waterfront portfolio. Investors should still assess individual project locations, prices, payment terms, construction progress, expected demand, and personal financial objectives before purchasing.