The company attributes its positive streak to the increasing investor confidence in the Emirate's growth and development. RAK Properties has announced the addition of 20 more villa units for its flagship development project, Flamingo Villas -bringing the project to construct 124 waterfront villas. Mohammed Sultan Al Qadi, managing director and CEO, RAK Properties, said: "The vibrant performance of the company not only demonstrates the growing interest for our latest range of property offerings but also reinforces Ras AlKhaimah's position as a premier investment and residential destination for the Middle East region. "With industry experts saying that the growth will continue to come in, we are bullish on leveraging our offerings like the Flamingo Villas in Mina Al Arab project, across potential investors—bringing us one step closer to being one of the country's leading real estate developers."