Rakeen - A fresh approach to development

Rakeen – an Arabic word that means ‘central pillar’ or ‘trustworthy support’ – commenced operations on 19th April 2006, in a royal decree by His Highness Sheikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, as the land master-planner and developer to be responsible for RAK’s property development.

Rakeen a significant number of ambitious developments underway for Ras Al Khaimah – from man-made islands to offshore financial districts and from spa resorts to new urban developments – to facilitate the emirate’s transition to an international commercial capital and cultural landmark.

Rakeen has a diversified international development portfolio and has been investing robustly in emerging markets around the region.

As a guiding principle, every project that we embark on is founded on the belief that we have an overriding responsibility to preserve the heritage and social values of the people as well as the beauty of our countryside, and the environment at large.

Rakeen is committed to designing and building structures which are sympathetic to their surroundings and which preserve or add to the natural habitat wherever possible.

Rakeens core values are Sustainability, Responsibility and Prosperity.

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Chairman's message

Welcome to the RAKEEN website. It gives me great pleasure that you have taken the time to visit and learn about us and we are confident that the information presented here will leave you with a positive impression of our company and will give you a clear insight into our ambitious portfolio of projects in the Emirate and beyond.

RAKEEN was started just over a year ago, under the helm of H.H. Sheikh Saud Bin Saqr Al Qassimi, the Crown Prince and Deputy Ruler of Ras al Khaimah, who wanted to create a vehicle that promotes real estate developments in a very responsible manner.

With AED 400 Million in paid up capital and AED 4 Billion in assets, RAKEEN’s objective was to form a leading real estate development company with a view to create unprecedented and iconic projects in the emirate and beyond, leading Ras Al Khaimah to become a sustainable, eco-friendly destination.

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About RAK

Ras Al Khaimah has earned its reputation as a pre-eminent commercial centre with an innovative, dynamic and entrepreneurial business culture. Strategically located at the crossroads of trade and commerce between East and West, it is ideally positioned to service and access markets that span the Middle East, Africa, the Indian Subcontinent and the CIS countries. Moreover, it occupies a time zone that allows it to connect markets like the Far East and the US. To leverage this advantage, it is developing a worldclass infrastructure, air and port facilities, making it the most well-connected hub in the region.

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Brochure downloads

Rakeen Corporate Brochure (pdf)