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28 March 2024

RAK Properties adds 2 projects to Mina Al Arab

Mohamed Sultan Al Qadi

Published
By Staff

RAK Properties, Ras Al Khaimah's biggest property developer listed on Abu Dhabi Stock Exchange, has announced the expansion of Mina Al Arab by unveiling two new flagship projects at Cityscape Global 2013, the Middle East's leading international real estate event taking place on 8-10 October 2013 at the Dubai World Trade Centre.

The projects offer 104 waterfront villas and two 20-storey building overlooking the Arabian Gulf and the Mina Al Arab Lagoon with an investment of approximately Dh400 million.

The new development of ‘Flamingo Villas’ which enjoys a sea view will come with all amenities, including separate swimming pools for adults and kids, children’s play area with different play equipment, a multipurpose court and green turf areas.

Mohamed Sultan Al Qadi, Managing Director and CEO of RAK Properties, said: “We are very excited about launching this magnificent projects at Cityscape Global 2013. This will boost further RAK Properties’ frontline position in real estate development not only in Northern Emirates but also in the Gulf. The projects will follow the same high quality standards seen in our earlier projects.”

“In addition to maintaining the existing standards of Mina Al Arab, the new projects will feature value additions, wider areas and great views,” Al Qadi added.

The second project ‘Lagoon Heights’ is a two 20-storey mixed use buildings available for freehold, reflecting outstanding design elements and natural ambience of Mina Al Arab.

“The units in ‘Lagoon Heights’ include one, two, and three bedroom apartments as well as studios and garden apartments. Residents of each unit will be able to enjoy unobstructed water views, irrespective of the direction of the unit,” Al Qadi added.