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Rakaa Will Sell Units At Dynasty And The Falcon Crest Towers Through Cornerstone

Posted on: Monday January 28 , 2008  7:32:42 AM (GMT+4) Submit Press Release

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Dynasty tower during nightime.

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RAKAA Properties signed a contract with Cornerstone, to be the exclusive sales agent for RAKAA’s latest Reem Island projects; Dynasty Tower and Falcon Crest in Abu Dhabi.


Commenting on the deal, Dr. Abdulraman Al-Tassan, the CEO of RAKAA Properties, said: “We have been keen to monitor the property market, understand its sale and purchase movements, fluctuations and forces. We are willing to have a direct supervision over our projects and to effectively communicate with clients and investors in order to achieve a very strong regional presence. For this end we have selected the reputed Cornerstone Real Estate as an exclusive sales and marketing agent for Dynasty and the Falcon Crest Towers. We are sure that we will benefit from their regional experience". 

’RAKAA Properties has continually developed the highest quality properties and we were extremely impressed with their plans for Abu Dhabi,’ commented Ziad Bushnaq, CEO of Cornerstone. ’Dynasty Tower and Falcon Crest are fantastic investment opportunities due to their unique design concepts, spectacular full sea views, prestigious locations and smart home technologies equipped units. With Cornerstone’s local property success and industry knowledge, and RAKAA’s impeccable reputation for offering luxury and high quality to their clients, we foresee a mutually beneficial partnership that cannot be beaten,’ concluded Bushnaq.


The two Dhs750m, 27 and 22-storey tower projects will house a multiple mix of studio apartments and 1, 2, 3 and 4 bedroom luxury apartments and retail outlets, and will be on sale to prospective expatriate and UAE national homeowners. Both towers comprise of 3 basement parking levels, 2 and 3 podium levels and 25 and 19 residential floors in Dynasty Tower and Falcon Crest respectively, and include an array of modern amenities including the ’Smart Home’ system, health club, outdoor swimming pool and a designated children’s area. The projects are scheduled to be ready for occupancy in 2010 and will offer an unparalleled view of the Island, Marina, Sea, and Abu Dhabi skyline.


Established in 1990, RAKAA Properties has accomplished resounding successes; developing more than 1.3 million square meters of quality property projects, with the intention to develop further schemes on areas of hundreds of thousands meters more.


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