Abu Dhabi - Mubasher: RAK Properties delivered 31% year-on-year (YoY) higher revenues at AED 1.84 billion in 2025, according to the financial results.
The real estate developer logged net profits amounting to AED 404.30 million as of 31 December 2025.
Total sales hiked by 142% YoY to AED 3.36 billion in 2025, whereas the development backlog surged by 87% to AED 3.47 billion.
RAK Properties exceeded its commitment to AED 5 billion in new projects, achieving AED 5.40 billion in total.
RAK Properties will continue to build on sustained levels of interest from an increasingly diverse network of international buyers from more than 100 destinations, including the UK, Germany, the Netherlands, India, China, and Hong Kong, among others.
Abdulaziz Abdullah Al Zaabi, Chairman of RAK Properties, said: “By continuing to deliver world-class residences and hospitality hubs in Mina, and by forging long-term partnerships with iconic global brands, we are creating exceptional value for our shareholders while contributing significantly to our Emirate’s growth story in line with Vision 2030.”
He added: “We proudly look ahead to 2026 with great confidence in our strategic vision and capability to elevate and shape a bright future for Mina and all of Ras Al Khaimah.”
At the end of September 2025, the net profits of RAK Properties increased by 79% to AED 216.81 million from AED 121.41 million in the year-ago period.
