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RAK Properties PJSC
Julphar Towers, Floor 41,
P.O.Box 31113
Phone: +971 72444432p:+971 72444432 RAS AL KHAIMAH CITY, United Arab Emirates Ticker: RAKPROPRAKPROP
Business Summary
RAK Properties PJSC is a United Arab Emirates-based public joint stock company engaged in real estate investment, development and management activities. The Company purchases, develops, sells and manages residential, commercial, touristic and industrial properties in the United Arab Emirates. The Company’s projects include Mina Al Arab, which consists of villas, townhomes and apartments; Julfar Towers, which consists of residential and commercial complexes in Julfar city; RAK Tower, which is a residential building located near Abu Dhabi, and Julfar Residence, which comprises luxury residential apartments located at the City of Lights on the Al Reem Island in Abu Dhabi. The Company’s wholly owned subsidiaries include RAK Properties International Limited, RAK Properties Tanzania Limited and Dolphin Marina Limited. The Company also undertakes projects with provisions for retail stores, schools, health spas, as well as other leisure/hospitality centers.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
6513 Operators of apartment buildings
6512 Operators of nonresidential buildings
6531 Real estate agents and managers
7011 Hotels and motels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Independent Chairman of the Board Abdulaziz Abdullah SalemAl Zaabi 1/1/2020
Chief Executive Officer SamehAl Muhtadi 8/22/2022 8/22/2022
Non-Executive Independent Vice Chairman of the Board Mohammed Ahmad HassanRuqait Alali 1/1/2020
6 additional Officers and Directors records available in full report.

Business Names
Business Name
RAKPROP
Ras Al Khaimah Properties

General Information
Number of Employees: 28 (As of 3/31/2006)
Outstanding Shares: 2,080,000,000 (As of 3/29/2024)
Stock Exchange: ABD
Fax Number: +971 72272444


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