RAK Properties’ Flamingo Villas gains high demand at concluding Cityscape Global 2013

Press release

Published October 13th, 2013 - 04:53 GMT

Al Bawaba

RAK Properties PJSC, Ras Al Khaimah's biggest property developer listed on Abu Dhabi Stock Exchange, announced that its new flagship project, Flamingo Villas generated high demand during the concluding Cityscape Global 2013, the Middle East's leading international real estate event that took place from 8-10 October 2013 at the Dubai World Trade Centre.

Mohamed Sultan Al Qadi, Managing Director and CEO of RAK Properties, said: “RAK Properties’ participation at Cityscape Global 2013 was successful which demonstrates the growing position of Ras Al Khaimah as an ideal investment and residential destination in the Gulf. Enriching the project portfolio of RAK Properties, Flamingo Villas project, located at Mina Al Arab offers 104 waterfront villas overlooking the Arabian Gulf and the Mina Al Arab Lagoon.”

‘Flamingo Villas’ enjoys a sea view and comes with all amenities, including separate swimming pools for adults and kids, children’s play area with different play equipment, a multipurpose court and green turf areas.

RAK Properties explained at the show to its stakeholders the massive expansion phase it is currently taking. The company has developed a large and strong clientele, and is enhancing its standing by bringing in top international brands to its projects.

Al Qadi affirmed in the three day show that Flamingo Villas project will follow the same high quality standards seen in Mina Al Arab.

RAK Properties comes at the forefront of real estate developers which delivered to the UAE market a wide array of high end projects driven by quality and feasibility.

RAK Properties’ participation at the show was driven by its motto 'Living Closer to Nature' and this was reflected in its displayed projects at the three day show.

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.