RAK Properties & Ellington Properties to develop waterfront residential project

RAK Properties & Ellington Properties to develop waterfront residential project

Rep. Image | Courtesy: RAK Properties



RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, and Ellington Properties, Dubai’s award-winning, design-led boutique developer, have signed an agreement to develop a premium residential beachfront project located in a prime location on Hayat Island, in Mina Al Arab.

The partnership with Ellington Properties forms an important part of RAK Properties’ strategy to form partnerships with top-tier local and international investors to capitalize on the rising demand for quality real estate in the Emirate.

It also supports its ambitions to add scale across its core development assets. Further, the partnership marks Ellington Properties’ entry into the emirate.

Sameh Al MuhtadiCEORAK Properties

“Ras Al Khaimah is the UAE’s sustainable tourism destination, and international and local investors and tourists alike are attracted to all it has to offer in terms of the unspoiled natural environment. At Mina Al Arab we are creating a highly experiential ‘urban island’ lifestyle destination in the heart of Ras Al Khaimah, bringing to life the conveniences of urban living with the free-spirited energy of island life. Our partnership with Ellington aligns with this vision as we look to partner with best-in-class organizations to develop extraordinary homes and experiences that will elevate people’s