• HSBC

RAK Properties selects Woods Bagot as the lead architect for 'Mina Al Arab'

  • United Arab Emirates: Monday, December 04 - 2006 at 11:02
  • PRESS RELEASE

RAK Properties PJSC, Ras Al Khaimah's largest property developer, has assigned international firm Woods Bagot - as the lead architect for the non-hospitality elements in its mutli-billion dollar project 'Mina Al Arab' where work has already started on the project's designs.

The work is an embodiment of how RAK Properties is keen on providing state of the art and innovative designs in its developments, since Woods Bagot is recognized as a worldwide industry leader in residential and commercial buildings.

"RAK Properties is delighted to work with an internationally acclaimed company such as Woods Bagot," said al Mohammad Sultan Al- Qadi, Managing Director of RAK Properties. "RAK Properties is keen on attaining the best designs for its projects and with a premier project like Mina Al Arab, an innovative and progressive firm must be trusted with its design, and Woods Bagot met our desired standards," he added.

The total value of construction excluding the hotels of Mina Al Arab development is estimated at AED 3 billion, and Woods Bagot will provide the professional architectural design for 200 villas, 150 townhouses and 2,500 apartments as well as 25,000 sqm of commercial at Mina Al Arab. The design is expected to convert the current strip of wetland coastline into one of the UAE's hottest lifestyle destinations.

Mark Mitcheson-Low, Middle East Managing Director, Woods Bagot said, that Woods Bagot is always looking to expand its international operations with firms that focus on quality development, "RAK properties developments adhere to simple yet interesting designs; Woods Bagot is the right partner to perfect their vision."

"Mina Al Arab" project has received tremendous investor interest with its unique location and its magical waterfront views and the variety of open spaces and landscaping, residential units, luxurious villas, hotels, shopping centres, restaurants, resorts and spas.

To cater for this interest, RAK Properties will start selling units at Le Village, the Spanish-themed villas area at Mina Al Arab during the Cityscape exhibition in Dubai International Exhibition Centre at their stand number 5D-20 in Hall 5.
Mina Al Arab. 
Mina Al Arab.
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Notes and Media Contacts »

RAK Properties, a Public Joint Stock Company listed on the Abu Dhabi Securities Market, is a real estate development company that operates in a sector that is enjoying an economic boom. It is established to implement the emirate's plans to promote real estate, tourism and leisure facilities in RAK and invest in interesting projects. It is intended that its activities will encourage economic growth in the UAE in general and Ras Al Khaimah in particular. The company launched its first project, Julfar Towers - a 43-storied twin office and residential project at a cost of AED550 million - in February 2006 followed by Mina Al Arab - spread over 30 million sq. feet at a cost of AED 10 Billion - in May 2006.

For further information, please contact:
Lina Anani / Sami Al Shorafa
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in
Middle East and North Africa
Dubai, UAE
Tel: +971-4-3344550, Fax: +971-4-3344556

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