9th February 2015
RAK Properties, the development company owned by the Ras Al Khaimah government, has announced that it is set to build a new residential project on Reem Island in Abu Dhabi containing 266 apartments.[..]
21st November 2014RAK Properties has been awarded the construction contract for its US$ 100 million worth residential project Bermuda Villas in Ras Al Khaimah to Al Tameer Group. Construction of the 157 three to six bedroom villas and townhouses, by Al Tameer is expected to begin by this month to include facilities such as a private beach, exclusive swimming pools for adults and children, a children's play area, and a multipurpose court.
Egyptian Group Al Bonian Consultant Engineers are the designers for the complex along with playing the role of lead consultant during the construction phase. Mohammad Sultan Al Qadi, Managing Director and CEO, RAK Properties, said: "Our development project comes at a time when we are witnessing a rising demand for quality beachfront property in Ras Al Khaimah." according to a statement by RAK properties.[..]