Company RAK Properties

Equities

RAKPROP

AER000601016

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Annual profits - Rate of surprise

Sector Other Real Estate Development & Operations

Market Closed - Abu Dhabi Securities Exchange Other stock markets 06:55:00 2024-04-25 am EDT			5-day change	1st Jan Change
1.21 ^AED	+0.83%		0.00%	+7.56%

Feb. 13	RAK Properties PJSC Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Jan. 09	RAK Properties PJSC Elevates Island Living with the Unveiling of Quattro Del Mar in Mina Al Arab, Ras Al Khaimah	CI

RAK Properties PJSC is a United Arab Emirates-based public joint stock company engaged in real estate investment, development and management activities. The Company purchases, develops, sells and manages residential, commercial, touristic and industrial properties in the United Arab Emirates. The Companyâs projects include Mina Al Arab, which consists of villas, townhomes and apartments; Julfar Towers, which consists of residential and commercial complexes in Julfar city; RAK Tower, which is a residential building located near Abu Dhabi, and Julfar Residence, which comprises luxury residential apartments located at the City of Lights on the Al Reem Island in Abu Dhabi. The Companyâs wholly owned subsidiaries include RAK Properties International Limited, RAK Properties Tanzania Limited and Dolphin Marina Limited. The Company also undertakes projects with provisions for retail stores, schools, health spas, as well as other leisure/hospitality centers.

Number of employees: 139

AED in Million	2022	Weight	2023	Weight	Delta
Property 82.8 %	282	69.0 %	832	82.8 %	+195.29%
Hotel 11.6 %	71	17.5 %	116	11.6 %	+62.59%
Property Leasing 3.0 %	29	7.1 %	30	3.0 %	+3.26%
Others 2.7 %	26	6.4 %	27	2.7 %	+2.65%

AED in Million	2022	Weight	2023	Weight	Delta
United Arab Emirates 100.0 %	408	100.0 %	1,005	100.0 %	+146.16%

Managers	Title	Age	Since
Sameh Al-Muhtadi CEO	Chief Executive Officer	-	-
Usman Zishan CMP	Compliance Officer	-	08-03-26
Abdallah Shukri Al Akhdar IRC	Investor Relations Contact	-	-
Ali Hamdoon SAM	Sales & Marketing	-	19-08-31
Maen Abdol Kareem SEC	Corporate Secretary	-	19-09-30

Members of the board	Title	Age	Since
Abdulaziz Al-Zaabi CHM	Chairman	-	-
Mohammad Al-Ali BRD	Director/Board Member	-	-
Ahmed Omar Abdullah Al-Qassimi BRD	Director/Board Member	-	-
Mohamed Ghubash Ahmed Saeed Al-Marri BRD	Director/Board Member	-	-
Mohamed Musabbeh Al Nuaimi BRD	Director/Board Member	-	-
Abdallah Al Abdooli BRD	Director/Board Member	-	-
Yasser Abdulla Al Ahmad BRD	Director/Board Member	-	-

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	2,080,000,000	1,764,127,040 ( 84.81 %)	0	84.81 %

Name	Equities	%	Valuation
Mohammad Al-Ali 9.536 %	198,352,960	9.536 %	68 M AED
Emirate of Ras Al Khaimah (United Arab Emirates) 5.051 %	105,057,906	5.051 %	36 M AED
Dimensional Fund Advisors Ltd. 0.0646 %	1,343,261	0.0646 %	457 246 AED
First Abu Dhabi Bank PJSC (Investment Management) 0.0514 %	1,068,234	0.0514 %	363 627 AED
Amundi Asset Management SA (Investment Management) 0.0232 %	483,425	0.0232 %	164 558 AED
DFA Australia Ltd. 0.0195 %	404,599	0.0195 %	137 725 AED

RAK Properties PJSC

Julphar Towers Floor No. 41

, Ras Al Khaymah

http://www.rakproperties.net

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.2 AED

Average target price

0.7212 AED

Spread / Average Target

-39.90%

Consensus

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Other Real Estate Development & Operations

	1st Jan change	Capi.
RAK PROPERTIES	+4.89%	680M
MITSUI FUDOSAN CO., LTD.	+31.39%	28.38B
SUN HUNG KAI PROPERTIES LIMITED	-14.74%	26.6B
DLF LIMITED	+21.90%	26.54B
MITSUBISHI ESTATE CO., LTD.	+41.97%	23.07B
CHINA RESOURCES LAND LIMITED	-6.96%	23.03B
EMAAR PROPERTIES	+4.17%	19.81B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	+26.13%	16.75B
CHINA OVERSEAS LAND & INVESTMENT LTD.	-7.85%	16.96B
MACROTECH DEVELOPERS LIMITED	+16.91%	14.92B

Other Real Estate Development & Operations