RAK, ARM Holding & HIVE Partner for Mina Al Arab Development

RAK Properties, the prominent publicly listed property developer in Ras Al Khaimah, has teamed up with A.R.M Holding and HIVE, a pioneering co-living and coworking developer, to create an exciting new development in the heart of Mina Al Arab. This venture aims to offer a modern living experience that caters to the evolving needs of young professionals and entrepreneurs, marking a significant shift in the emirate's lifestyle landscape.

Strategic Move to Enhance Ras Al Khaimah's Appeal

This collaboration represents a strategic initiative to enhance Ras Al Khaimah’s attractiveness as a destination for individuals seeking a balanced and dynamic lifestyle. The new project aligns with RAK Properties' vision of combining creative living spaces with collaborative work environments in a vibrant community, reinforcing the emirate’s position as a prime location for forward-thinking professionals.

HIVE’s Innovative Living Solutions for Modern Professionals

HIVE introduces an advanced living concept designed with young professionals in mind. Going beyond traditional housing, HIVE offers a holistic, plug-and-play living experience that focuses on flexibility, community, and convenience. These core principles are integral to HIVE’s design, ensuring it meets the contemporary needs and aspirations of today’s mobile and ambitious workforce.

Comprehensive Development with Living and Working Spaces

The project will feature a total of 233 units, including a 117-unit HIVE building and a 116-unit residential building available for purchase. The development will also provide 300 sqm of retail space and 2,000 sqm of state-of-the-art coworking facilities. Inspired by the success of HIVE’s flagship project in JVC, Dubai, this marks the brand's first public workspace in Ras Al Khaimah.

His Excellency Mohammad Al Shehhi, CEO of A.R.M. Holding, said: “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.”

His Excellency added: “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.”

Sameh Muhtadi, CEO of RAK Properties, said: “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 coworking 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.”

Amenities to Foster Community and Convenience

Designed to enhance both living and working experiences, the HIVE building will offer a range of premium amenities. These include a flexible work lounge, a listening room, a chef’s kitchen, outdoor spaces, and a private pool with panoramic views. Residents will have exclusive access to the coworking space, while the general public can opt for various membership plans to enjoy the facilities.

Dynamic Coworking Space for Collaboration and Innovation

The coworking area will provide a vibrant social environment for work and collaboration. Featuring dedicated desks, private offices, meeting rooms, quiet zones, event spaces, and a coffee bar, the coworking space will cater to diverse work styles. An outdoor area will also be available for those who prefer a more open-air working environment.

Culinary and Community Experience at the Development

Bass Ackermann, CEO of HIVE, expressed his excitement for the partnership with RAK Properties in its expansion into the emirate. He states, "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."

To complete the dynamic lifestyle experience, the development will also include an all-day eatery. This venue will serve residents, coworking members, and the wider Mina Al Arab community, adding to the project's appeal and reinforcing its role as a central hub for both work and leisure.