Built to inform

Sign up for the daily newsletters

No, Thank you

RAK Properties unveils $1.3bn mixed-use project

The $1.3bn (AED5bn) development in UAE's Ras Al Khaimah features a shopping mall, entertainment zones, luxury hotels, and residential properties

The $1.3bn (AED5bn) project at Mina Al Arab is set to become the new social hub in Ras Al Khaimah.
The $1.3bn (AED5bn) project at Mina Al Arab is set to become the new social hub in Ras Al Khaimah.

Ras Al Khaimah-based developer RAK Properties has revealed details of its latest development within its Mina Al Arab project. 

Measuring 811.4m2, the $1.3bn (AED5bn) project at Ras Al Khaimah’s Mina Al Arab was showcased during Cityscape Global 2016.

Set to become the new social hub in Ras Al Khaimah, the development features a shopping mall, entertainment zones, luxury hotels, and residential properties, including waterfront apartments, villas, and townhouses with a private beach clubhouse. Along beach, there will be al fresco dining and entertainment venues.

Mohamed Sultan Al Qadi, managing director and CEO of RAK Properties, said: “This will become the leading touristic, residential and commercial destination in Ras Al Khaimah. The development breathes life into the serenity of the emirate, while keeping true to nature.

"The upbeat hub of the development provides an array of facilities and entertainment outlets, allowing for residents and visitors to enjoy the best of what Ras Al Khaimah has to offer.”

Mina Al Arab focuses on outdoor living, which is incorporated across the new project with a number of large communal swimming pools, running and cycling tracks, and various recreational activities.

At the heart of the community will be a beach promenade, which will host a diverse range of retail, and food and beverage (F&B) offerings, in addition to a mall with international brands, outdoor entertainment venues, a beach club, cycle tracks, and walkways.

Most popular

Awards

Construction industry conversations around digitisation must evolve
The Middle East construction industry’s approach to tech must evolve and focus on how can

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 753
Nov 09, 2019