74= Port of Arabia (Mina al-Arab)
Project Overview
As part of its efforts to promote real estate,
tourism and leisure facilities in Ras al-Khaimah, the emirate’s government has allocated a 1.5 sq km area of land to RAK Properties for development.
The scheme will include themed residential districts, 20 hotels, and entertainment facilities. It is being developed in phases over 10 years.
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Project Analysis
UAE's contractors concentrating on the essentials
Developers in the northern emirates are delaying their ambitious real estate projects, but much-needed infrastructure work will keep contractors busy during the downturn.
Company Announcements
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RAK Properties appoints Colliers International to develop retail components of Julphar Towers and Mina Al Arab
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RAK Properties' open day evokes huge response
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Gulf Landscape and Irrigation Systems completes Dhs33m landscaping contract for Mina Al Arab
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RAK Properties to commence handover of 6 buildings in Precinct 2 of Mina Al Arab Lagoon District
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RAK Properties partners with Hulsta Furniture to create world-class home interiors
MEED Events
Key Facts
Client: RAK Properties
Sector: Real estate
Stage: Execution
Budget: $5.5bn
Completion date: Q1 2017
Location: UAE
News
RAK Properties Q2 profit falls 27%
RAK Properties has reported a 27% decline in the second quarter to Dhs53.6m ($14.9m) from Dhs73.3m recorded a year earlier.
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Ras al-Khaimah to press ahead with real estate developments
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Abu Dhabi bourse closes unchanged
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Rak extends bidding deadline for Mina al-Arab Intercontinental hotel
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Rak Propeties awards Mina al-Arab housing work to local firms
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Rak Properties tenders Intercontinental Hotel
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Contractors approached for more Ras al-Khaimah work
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RAK Properties prepares tender for luxury Ras al-Khaimah hotel
MEED Projects
