RAK Properties Board of Directors Report for the Period Ended December 31,2025 | premargin
RAK Properties Board of Directors Report for the Period Ended December 31,2025
·ADX·Financial Reports | Board of Directors Report / Management Report·February 12, 2026·View on exchange
AI Summary
RAK Properties reported a 44% increase in net profit to AED 404.30 million for the 2025 financial year, with revenue rising 31% to AED 1.84 billion.
The Board of Directors proposed not to distribute cash dividends for FY 2025, opting instead to reinvest profits into a pipeline of new expansion projects.
Annual sales value surged by 142% year-on-year to a record AED 3.36 billion, with 1,731 units sold and a development backlog of AED 3.47 billion.
Total assets grew to AED 8.70 billion as of December 31, 2025, supported by the completion and handover of projects including Gateway 2 and Bay Residences 1.