Latest news with #MinaResidences
Mid East Info
23-05-2025
- Business
- Mid East Info
RAK PROPERTIES GROWS RESIDENTIAL PORTFOLIO OFFERING WITH THE LAUNCH OF ENTA - Middle East Business News and Information
Ras Al Khaimah, UAE – 23 May 2025: RAK Properties, Ras Al Khaimah's leading publicly listed property developer, continues to expand its residential product offering with the launch of ENTA MINA – a new design led apartment concept developed in partnership with HIVE and A.R.M Holding. ENTA MINA, consisting of 119 character-rich residences, is a new, design-forward residential brand, catering to a new generation of homebuyers and occupants. ENTA MINA seeks to offer a complete lifestyle ecosystem with its resident café and restaurant, hosting lounge, library, infrared sauna, plunge pools, outdoor gathering areas, and co-working facility. Through ENTA MINA, RAK Properties, in partnership with HIVE, aims to support a modern, flexible work driven lifestyle and economy. Commenting, Sameh Muhtadi, Chief Executive Officer RAK Properties, said: 'ENTA brings an entirely new demographic to Mina, and immediately changes the conversation around co-living spaces. This is a segment typically within the rental market, but with ENTA MINA, you can buy into that lifestyle – it's exciting to be at the vanguard of a new movement. We have been working closely with the team at HIVE since we signed our partnership agreement with them to bring ENTA MINA to life which places community, and thoughtful design at the top of its product's agenda. 'ENTA MINA will bring a younger demographic to live, work and play in Ras Al Khaimah. Targeted tenants are aged 25-35 years old and they will even have the flexibility to work from the beach if they so wish. The multiplier effect of this is clear – it gives a space where ideas can turn into enterprises, which in turn helps to grow the wider economy.' Bass Ackermann, Founder of HIVE, elaborated by stating: 'ENTA was born from watching HIVE tenants grow into homeowners – people who still wanted the feeling of what we created, but in a place they could truly call their own. It addresses a market need for ready-made but authentic community. ENTA aims to speak to a new kind of homeowner – someone who values design, function, and feeling in equal measure. It's a brand grounded in creative integrity, but also built to perform, whether you're living in it or investing in it.' In May 2025 RAK Properties published its Q1 2025 financial results in which the Company recorded notable growth in revenue and profit, reflecting the strength of its operational performance and continued development momentum. In April 2025, RAK Properties commenced sales on is Anantara Mina Residences project – a community of 103 luxury apartments and villas, set along the waterfront of Hayat Island, Mina.
Mid East Info
05-05-2025
- Business
- Mid East Info
RAK PROPERTIES OPENS SALES FOR ANANTARA MINA RESIDENCES – BRANDED LUXURY WATERFRONT HOMES IN RAS AL KHAIMAH'S MINA
RAK Properties, Ras Al Khaimah's leading publicly listed property developer, announces the commencement of sales for Anantara Mina Residences – a collection of 84 ultra-luxury waterfront apartments and 19 villas located on Hayat Island, Mina. Blending the privacy of homeownership with the five-star resort services, this exclusive collection of branded apartments and villas marks RAK Properties' latest entry into the luxury branded property space. The 84 waterfront apartments and 19 villas at Anantara Mina Residences command unparalleled views over the water, shoreline, and also the upcoming Wynn Al Marjan Island resort. The waterfront villas, available in 3, 4 and 5 bedrooms, are arranged over three floors to maximise views and each one comes with its own private jetty. The apartments include suites, one and two-bedroom homes as well as exclusive three-bedroom sky villas. Rising over 12 stories, the apartments offers direct beach access and unobstructed views of the Arabian Gulf and Hajar Mountains. Designed to balance privacy with resort-inspired living, each residence is complemented by access to premium amenities including a panoramic swimming pool, cinema room, conference space, fully equipped gym, yoga studio, children's play area, and an on-site restaurant. Residents will also benefit from a selection of à la carte services, such as in-home dining by Anantara's award winning chefs, concierge, valet and buggy services—delivered with the signature hospitality of Anantara. Sameh Muhtadi, CEO of RAK Properties, said: 'At the start of this year – our 20th anniversary, we unveiled the approved Mina masterplan, and announced an ambitious launch programme. A key part of that ambition is partnering with globally renowned brands such as Anantara who can help bring our vision to life – making Mina one of the region's most desired destinations for luxury living and investment. 'The Anantara Mina Residences offers homeowners seamless access to exceptional hospitality, exclusive amenities, and a refined waterfront lifestyle, with the added flexibility of generating income through Anantara's hotel programme. As Ras Al Khaimah continues to attract high-net-worth investors and strengthen its tourism sector, developments like these play a key role in driving economic growth and reinforcing the Emirate's appeal on the global stage.' Commenting, Amir Golbarg, Senior Vice President, Minor Hotels, Middle East & Africa owning company of Anantara Hotels, added: 'Anantara Mina Residences represent a natural extension of the commitment of Anantara Hotels & Resorts to delivering immersive lifestyle experiences in exceptional destinations. This development brings together the sophistication of the brand's design ethos with the comfort of residential living, allowing owners to enjoy a unique blend of home and hospitality in one of the UAE's most picturesque coastal enclaves,' Anantara Mina Residences, comprising both apartments and villas, is part of the broader Mina masterplan, reinforcing Ras Al Khaimah's position as a premier destination for luxury waterfront real estate and island living. The launch follows the success of Anantara Mina Resort & Spa in 2024, which has rapidly established itself as a top-tier hospitality destination, and is part of an expanded partnership with Minor Hotels. Anantara Mina Residences offers buyers the flexibility to use their apartment or villas as a private residence, generate income through a traditional lease, or place it within Anantara's managed rental pool. Interior details will feature elevated finishes and a contemporary aesthetic, thoughtfully curated to reflect the serene coastal surroundings and the Anantara brand's refined design language. With a unique proposition of five-star branded hospitality and waterfront access, Anantara Mina Residences presents an unmatched opportunity in Ras Al Khaimah's luxury real estate market. The UAE is among the top destinations in the world for branded residential products, with beachfront access driving the highest premiums. Ras Al Khaimah currently has over 7,500 hotel rooms in the development pipeline, as more and more tourists are drawn to its diversity of landscape, range of luxury hospitality, and its connectivity.
