RAK Properties reported a 44% year-on-year increase in net profit in 2025, supported by a sharp acceleration in residential sales and strong demand for luxury and branded developments. Total sales more than doubled to AED 3.4 billion, while new project launches exceeded the company’s annual target, reaching more than AED 5.4 billion.
Revenue rose 31% to AED 1.8 billion, with total assets climbing to AED 8.7 billion as investor confidence strengthened. The developer plans to deliver nearly 2,000 units by the end of 2026, anchored by the Mina masterplan, which will include new waterfront communities and branded residential offerings.
RAK Properties said Ras Al Khaimah’s growing profile as a tourism and MICE destination continues to support demand, underpinning its development pipeline and future cashflows.
Gulf Economist Staff Writer