RAK Properties Offer Exclusive Discounts for FAZAA Cardholders

Press release
Published November 17th, 2019 - 07:28 GMT

RAK Properties Offer Exclusive Discounts for FAZAA Cardholders
Mohammed Sultan Al Qadi, Managing Director of RAK Properties
Highlights
RAK Properties has rolled out some exclusive offers for “Fazaa” cardholders

RAK Properties, one of the leading property development and tourism infrastructure firms in the UAE, has rolled out some exclusive offers for “Fazaa” cardholders, a supportive initiatives provided by the Social Security Fund for employees of the Ministry of Interior and UAE government sector.

The offer includes 5 percent discount on ready properties and flexible 5 years payment plan with 4 percent discount on registration fees and zero service fees for three years.

Mohammed Sultan Al Qadi, Managing Director of RAK Properties, said, “The company makes a point of supporting “Fazaa” members by offering exclusive property ownership opportunities at exceptional prices and providing payment facilities. These initiatives align with our passion for providing an exceptional standard of living; RAK Properties prides itself on creating unique and outstanding communities.” 

As part of implementing this offer, RAK Properties and Social Security Fund "Fazaa” have signed a memorandum of understanding that will provide Fazaa members access to more privileges and benefits.

Lt. Col. Ahmed Buharoon Al Shamsi, Director General of the Social Solidarity Fund for the employees of the Ministry of Interior said, “We are always looking out for opportunities to collaborate with different entities that helps widen our reach to more individuals in the community. Our current theme, “Fazaa: A Lifestyle of Happiness and Positivity,” resonates with our goal of providing the best-in-class services that ensure a decent life for all our members.”

 Signing the agreement reflects the willingness to cooperate among different sectors in the UAE, a vision perceived by the leaders of the nation who are constantly working towards achieving social solidarity and cohesion.

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. 

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