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Middle East Business: RAK Properties Q1 revenue surges 141% to $70.4m

RAK Properties, a UAE real estate development company, has ....

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UAE: RAK Properties Q1 revenue surges 141% to $70.4mln

The growth was driven by strong customer demand for new project launches in Abu Dhabi and Ras Al Khaimah and handover of residential developments to owners ....

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RAK Properties Q1 revenue surges 141% to $70.4m

RAK Properties, a UAE real estate development company, has posted revenues of AED258.58 million ($70.4 million) for the first quarter (Q1) of the year as against AED107.25 million during Q1 2022, marking an increase of 141%. ....

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RAK Properties revenue up 141% in Q1 2023 at Dh258.58 million

Net profit was reported at Dh44.60 million, an increase of 46% ....

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