RAK Properties Hands Over 157 Luxury Residential Units

Press release

Published July 6th, 2017 - 09:48 GMT

RAK Propertie

Leading real estate developer RAK Properties said it has delivered 157 luxury residential units at Bermuda Villas, its latest residential development in Mina Al Arab, an established waterfront community in Ras Al Khaimah..

The villas, the latest edition to the company’s already diverse property portfolio, have been developed to help meet the growing demand for residential property in the northern emirate.

Designed in line with the latest international standards and to aesthetically attune with nature, Bermuda Villas represents a significant addition to the new developments being launched in Mina Al Arab, said a statement from RAK Properties.

Mina Al Arab represents a unique mix of recreational outlets and investment opportunities that ensure the future success of the project, which provides a mix of practical amenities and exceptional hospitality for both residents and visitors.

Combining RAK Properties’ signature quality and style, each of the 157 units at Bermuda Villas boast supreme comfort and luxury. The residential townhouses and villas range in size from two to six bedrooms, with the larger units also offering driver and maids rooms, it stated.

RAK Properties managing director and CEO Mohamed Al Qadi said: "The delivery of Bermuda Villas not only marks a new beginning for the owners of these new properties, it also marks a significant milestone in our journey to provide quality residential units to help meet the growing demand for property in Ras Al Khaimah."

“We believe that the remarkable demand for these units reflects our clients’ confidence in our developments and proves our ability to fulfil our promise to continue delivering luxury real estate products to the local market,” he stated.

“We pride ourselves on the fact that our developments cater to all tastes, and that we are able to provide diverse residential property options to meet any requirement," observed Al Qadi.

We view our clients as partners in our journey to success and we feel privileged that they choose our developments – some clients even invest in several of our offerings,” he added

By TradeArabia

Background Information

RAK Properties

RAK Properties is a Public Joint Stock Company (PJSC) formed in 2005 with the support of the Government of Ras Al Khaimah (RAK).

Founded in line with the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties aims at supporting and promoting the economic growth of Ras Al Khaimah as well as assisting the emirate’s community development initiatives. RAK Properties will also maximize shareholders’ value through its development projects in the coastal and inland areas of Ras Al Khaimah.