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Rakeen
– an Arabic word that means ‘central pillar’
or ‘trustworthy support’ – commenced
operations on 19th April 2006, in a royal decree by
His Highness Sheikh Saud Bin Saqr Al Qasimi, Crown Prince
and Deputy Ruler of Ras Al Khaimah, as the land master-planner
and developer to be responsible for RAK’s property
development
Rakeen has a significant number of ambitious developments
underway for Ras Al Khaimah – from man-made islands
to offshore financial districts and from spa resorts
to new urban developments – to facilitate the
emirate’s transition to an international commercial
capital and cultural landmark.
Rakeen has a diversified international development portfolio
and has been investing robustly in emerging markets
around the region.
As a guiding principle, every project that we embark
on is founded on the belief that we have an overriding
responsibility to preserve the heritage and social values
of the people as well as the beauty of our countryside,
and the environment at large.
Rakeen is committed to designing and building structures
which are sympathetic to their surroundings and which
preserve or add to the natural habitat wherever possible.
Rakeens core values are Sustainability, Responsibility
and Prosperity.
Sustainability
Not every idea survives the test of time. At
Rakeen, we study projects meticulously to ensure financial
viability and future prosperity before we start drawing
plans.
State-of-the-art construction methods and durable materials
are used in all our developments for longevity of our
constructions. In addition, we keep production costs
down without lowering the standard of services, making
the properties more accessible for the developer, manager
and the end-consumer.
Implementation of initiatives that reduce environmental
impact, such as on-site sewerage amenities and chiller
plants, are instrumental in each development.
Responsibility
Rakeen uses all necessary precautionary measures
to ensure the preservation and enrichment of social
and cultural values, fortification of heritage legacies
and protection of the environment. We do not build at
the cost of the environment.
From a developers and end-user perspective, we fulfill
our responsibility by providing all amenities and making
sure all infrastructural requirements are considered
prior to the commencement of projects. We proudly and
transparently stand behind all our projects throughout
their life cycles, committing to quality at all times.
Prosperity
Financial success is a strong motivating factor
behind all Rakeen endeavors. Its not just Rakeen’s
prosperity under consideration. We strive to create
challenging and rewarding prospects for the people of
RAK by encouraging their involvement, consultation and
participation at all times.
Our local, regional and international projects are avenues
via which all parties can thrive and flourish. These
opportunities will create and encourage employment,
business development, additional self-contained communities,
integrated nationalities and more.
Rakeen’s plans for Ras Al Khaimah developments
provide a major opportunity for developers, investors
and especially, the people of RAK.
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