RAK Properties has launched HIVE Ras Al Khaimah – a co-living and co-working development in Mina Al Arab in Ras Al Khaimah. The scheme is being developed in collaboration with ARM Holding and co-living developer and operator HIVE.
The 233-key development – which includes a 117-unit HIVE building and a 116-unit residential building – will provide an all-encompassing living and working experience.
It will feature 300 sqm of retail space and 2,000 sqm of co-working space, making it the first public workspace from HIVE, inspired by the success of its flagship development in JVC, Dubai.
“Our partnership with HIVE marks a key milestone in RAK Properties’ commitment to innovation and enhancing Ras Al Khaimah’s lifestyle and residential offerings. This integrated development, blending co-living and co-working spaces sets a new benchmark for living and working environments in the emirate. We are creating vibrant communities that foster connection, growth and ideas, positioning Ras Al Khaimah as a destination of choice for the next generation of entrepreneurs and innovators.”
Sameh Muhtadi, CEO, RAK Properties
The new HIVE Ras Al Khaimah co-living scheme aligns with the vision of offering a unique blend of creative living and collaborative workspace options in Ras Al Khaimah within a vibrant community setting. HIVE offers a living solution tailored specifically to the lifestyle’s of young professionals.
The HIVE building will be equipped with a range of amenities designed to encourage community and convenience, including a flexible work lounge, listening room, chef’s kitchen, outdoor areas, and a private pool with stunning views.
Residents will enjoy complimentary access to the co-working space’s offerings, while the public can choose from a variety of membership plans.
HIVE Ras Al Khaimah will also include an all-day eatery, serving residents, co-working members and the broader Mina Al Arab community, further enhancing the lifestyle experience offered by this landmark project.
“We are pleased to announce our partnership with RAK Properties to develop HIVE Ras Al Khaimah.
“This collaboration represents a significant step forward in our journey, reinforcing our commitment to creating forward-thinking residential communities that align with the dynamic lifestyles of young professionals.
“Following the success of ‘HIVE Dubai’ and our expansion in the regional market with ‘HIVE Riyadh’, we are excited to bring this vision to Ras Al Khaimah, where we aim to establish an integrated community that inspires creativity and innovation.
“The local market is full of opportunities that call for distinctive initiatives to attract creative youth and entrepreneurs seeking environments that support their growth.
“Through our projects, we offer meaningful support by providing flexible, affordable housing solutions that empower young people to pursue their professional and personal aspirations.
“Our collaboration with RAK Properties underscores our dedication to fostering a prosperous, sustainable community and strengthens Ras Al Khaimah’s appeal as a vibrant destination for living and working.”
Mohammad Al Shehhi, CEO , A.R.M. Holding
The co-working space is intended to be a vibrant, social environment for work and collaboration, featuring dedicated desks, private offices, meeting rooms, quiet zones, event spaces and a coffee bar.
An outdoor area will extend the workspace, catering to those who prefer to work in an open-air environment.
The HIVE Ras Al Khaimah development is set to redefine the lifestyle offering in the emirate, catering to the evolving needs of young modern professionals and entrepreneurs.
“This collaboration seamlessly merges HIVE’s innovative living concept with RAK Properties’ desire to create a vibrant destination for young entrepreneurs and professionals.
“It is a merging of expertise, dedicated to shaping distinctive, community-centric living spaces that resonate with the unique aspirations for Mina Al Arab.”
Bass Ackermann, CEO, HIVE
The joint venture is a strategic move that underscores RAK Properties’ commitment to broadening the emirate’s appeal as a destination for those seeking a dynamic and balanced lifestyle.
