RAK Properties, a leading publicly listed property developer in Ras Al Khaimah, has joined forces with A.R.M Holding and HIVE, a trailblazing coliving and coworking operator, to launch a groundbreaking development in Mina Al Arab, the flagship community of RAK Properties.

This partnership aims to redefine Ras Al Khaimah’s residential and workspaces by catering to the needs of young professionals and entrepreneurs seeking a dynamic, community-driven lifestyle.

Project Highlights

Integrated Coliving and Coworking Spaces

• A 233-unit development, split into:
  • 117-unit HIVE building for coliving.
  • 116-unit residential building available for purchase.
• Over 2,000 sqm of state-of-the-art coworking space.
• 300 sqm of retail space.

Amenities and Features

• Flexible work lounges, private offices, and quiet zones.
• Meeting rooms, event spaces, and an outdoor workspace.
• A chef’s kitchen, listening room, private pool, and outdoor leisure areas.
• All-day eatery catering to residents, coworking members, and the community.

Mohammad Al Shehhi, CEO of A.R.M Holding said,"We are excited to bring the successful HIVE concept to Ras Al Khaimah, fostering an integrated community that inspires creativity and innovation. This collaboration underscores our commitment to providing young professionals with flexible, affordable housing and workspaces that empower their growth.”

Sameh Muhtadi, CEO of RAK Properties added, "Our partnership with HIVE marks a milestone in Ras Al Khaimah’s transformation into a hub for entrepreneurs and innovators. This project blends coliving and coworking spaces to create vibrant, connected communities that reflect the needs of the next generation."

Bass Ackermann, CEO of HIVE said, “This partnership merges HIVE’s expertise in innovative living concepts with RAK Properties’ vision for creating a destination that resonates with the aspirations of young entrepreneurs and professionals in Mina Al Arab.”

Coliving and Coworking: A Growing Trend

The development introduces HIVE’s signature coliving concept, which has already proven successful in Dubai and Riyadh. It prioritises:

• Flexibility, allowing residents and members to adapt their spaces to their needs.
• Community-focused design that fosters collaboration and creativity.
• Convenience through a plug-and-play approach to living and working.

The coworking facility, HIVE’s first public workspace, offers:

• Dedicated desks, private offices, and collaborative spaces.
• Outdoor work areas and a coffee bar.
• Membership plans for public access and complimentary use for residents.

Supporting Ras Al Khaimah’s Vision

This development aligns with RAK Properties’ mission to enhance the emirate’s appeal as a destination for modern living and working. By combining cutting-edge living solutions with vibrant workspaces, the project strengthens Ras Al Khaimah’s position as an attractive location for young professionals and entrepreneurs.