RAK Properties attracts high investor interest at the UAE - Asia Investment Forum 2006

The forum provides information about business expansion opportunities and a potential market hub in the UAE and Singapore, acting as an effective networking base for business people and investors from the region.

RAK Properties showcased its premier projects; "Mina Al Arab" that spreads over an area of 30 million square feet with a value of AED 10 billion, along with "Julfar Towers" that is comprised of two 43-storey towers, one residential and the other commercial, valued at AED 500 million.

Commenting on the participation, Al Qadi said: "We are proud to be part of the official UAE convoy to the forum which denotes RAK Properties status as one of the leading property developers in the region."

"RAK Properties is always keen to participate in regional and international exhibitions that address real estate development and investment, in an attempt to attract investors and tourists alike to Ras Al Khaimah" added Al Qadi.

Al Qadi has also met with some of the leading corporations in property development, tourism and investment in Singapore and Asia that resulted in preliminary discussions for potential business co-operations in the future.

The attention that RAK Properties has managed to attract and maintain throughout the forum was articulated by many businessmen and investors, who have visited RAK Properties stand, in addition to senior officials of both countries who expressed their admiration of "Mina Al Arab" project's unique location and its magical waterfront view and the variety of utilities, residential units, luxurious villas, hotels, shopping centers, restaurants, resorts and spas.

"Julfar Towers" project also received extremely positive feedback from the visitors, as it differentiates itself from other towers in offering various utilities and services such as the shopping center that comprises of stores, restaurants, café's overlooking the creek, a kids' play area and other amenities. The project is strategically located in RAK's city centre and enjoys proximity with the city's shopping malls hotels and markets.

RAK Properties' participation has helped in shedding light on its recently launched projects and future plans, in addition to positioning RAK emirate as a tourism and investment destination in the region.