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RAKAA invests Dh1b in Abu Dhabi

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DUBAI — Dr Abdulrahman Al Tassan, CEO of RAKAA Properties said that the real estate company has pumped Dh1 billion into the Abu Dhabi property market.

Published: Wed 17 Oct 2007, 9:04 AM

Updated: Sat 4 Apr 2015, 11:27 PM

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  • A Staff Reporter

Speaking at Cityscape Dubai 2007, Al Tassan added that the company is seeking promising investment opportunities in Dubai and the other emirates, following the official launch of its initial project, the three towers on Shams Abu Dhabi.

Mahmoud Naji, COO of RAKAA Property said that the company plans to equip its projects with smart technology following research done on the real estate markets and the investors' growing needs. He highlighted the importance of spreading awareness about the positive aspects of providing smart technologies in property projects, and the significance of this move.

The three towers, which bear the names: Marina Tulip Tower, the Dynasty Tower and the Falcon Crest Tower are all smart technology equipped and feature stunning views that overlook the sea and the island's mangrove trees.



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