Dubai, United Arab Emirates, 2021: Faisal Holding, the pioneering investment holding company with an unmatched presence in the Middle East, has announced the launch of its real estate subsidiary - Rakayez Properties. Although operational since 2018, Rakayez Properties has been officially launched only recently to cater to the varied needs and requirements in the commercial, residential, retail and industrial sectors across the UAE. Rakayez Properties specializes in providing distinct properties that strike a perfect balance between comfort, practicality and affordability.
Following its launch as the real estate arm of Faisal Holdings, Rakayez Properties has launched three new properties - Al Furjan and DIC located in Dubai, and The Crescent located in Abu Dhabi. All three properties, that fall under the Rakayez portfolio as its first, feature a collection of premium high-quality studio, one, two, and three-bedroom residential units that are designed to provide exceptional lifestyles, complete with all the necessary amenities and modern conveniences.
Rakayez Properties is a reputed property management company focused towards enriching the lives of the people of the UAE with a diversified portfolio of residential, retail, industrial and commercial opportunities. It is committed to providing residents with an unparalleled lifestyle by addressing all their needs and desires, developing properties in strategic locations, and making modern luxuries a part of everyday life.
Backed by a team of highly skilled professionals and a host of innovative technology in real estate, Rakayez Properties makes an entry into the real estate industry with solutions and services that are centered around the customers, ensuring every resident, tenant and investor satisfaction levels that exceed their expectations.
Sharing thoughts about the launch and the overall progress of Rakayez Properties, H.H. Sheikh Mohammed bin Faisal bin Sultan Al Qassimi, Managing Director of Faisal Holdings and Rakayez Properties, said: "Rakayez Properties was born out of a lasting vision to provide living spaces that are distinct, practical and affordable at the same time. The launch of our first three new premium residential projects that redefine pragmatic living is a testament to our ability and commitment to providing properties that enrich lives.”