Profile: RAKPROP | RAK Properties

ABU DHABI SECURITIES EXCHANGE (ADX)Trading Hours: Sun - Thu 10:00 am-2:00 pm

RAK Properties RAKPROP
Real Estate 0.02%
ADI 0.03%
Last Value
% Change
Price in AED Last Update : 02 Aug 2017 12:00 pm (local time)


Corporate Details
Exchange Abu Dhabi
Sector Real Estate
Auditors Deloitte and Touche
Company Description

RAK Properties is a public joint stock company established with the support of Ras Al Khaimah government to develop and promote the real estate, tourism and leisure facilities in Ras Al Khaimah and invest in likely projects. The Company is headquartered in Ras Al Khaimah.

Company Activities

The Principal activities of the company are investment in and development of properties, property management and related services. The company undertakes projects with provisions for retail stores, schools, health spas, as well as other leisure/hospitality centers in the Emirate of Ras Al Khaimah.

Equity Profile
Date Established Feb 16, 2005
Listing Date Oct 30, 2005
Paid-up Capital (AED) 2,000,000,000
Outstanding Shares 2,000,000,000
Shares Per Value 1
Contact Information

P.O. Box 31113 Ras Al Khaimah

+971 7 2330004

+971 7 2272444



Company History

RAK Properties was established under Emiri Decree No.5 issued by the Ruler of the Emirate of Ras Al Khaimah on 16 February 2005.

Board Members & Senior Management
Mr. Mohamed Hassan Omran Chairman
Mr. Abdulazizz Abdullah Al Zaabi Vice Chairman
Mr. Mohamed Sultan Al Qadi CEO
Mr. Fahem Abdullah Yousof Al Abdullah Board of Directors
Mr. Jamal Salem Bin Darwish Board of Directors
Mr. Mohamed Abdulla Mohamed Al Mehrezi Board of Directors
Mr. Mohamed Ahmed Rugait Board of Directors
Mr. Mohamed Bin Thaloub Al Diri Board of Directors
Shiekh Tariq Ahmed Humaid Al Qassimi Board of Directors
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