RAK Properties records $111m turnover in 2022

February 13, 2023
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RAK Properties reported AED408m ($111m) turnover for last year.

RAK Properties reported AED408m ($111m) turnover for last year.

The largest listed property developer in Ras Al Khaimah says the strong results set up a foundation for further growth in 2023.

During the year, RAK Properties delivered 207 villas in Marbella, a luxury residential beachfront community on Hayat Island, as well as 266 apartments in Julphar Residence on Abu Dhabi’s Reem Island.