Prime Property Auctions LLC

English

Arabic

Wael Gad

New Zealand

RAK Central

Mina Al Arab

Al Hamra Village

Prime Property Auctions (PPA) is the first and only licensed digital property-auction platform in Ras Al Khaimah, established to bring transparency, efficiency, and regulatory trust to real-estate transactions in RAK and across the UAE. The company specializes in organizing and conducting public property auctions - both physical and online - for residential, commercial, and investment assets.
Operating under full compliance with RAK DED, RERA, and RAK Municipality, PPA provides an integrated service framework that includes property evaluation, marketing, KYC verification, escrow management, and secure settlement through regulated trustee accounts.
PPA partners with leading escrow service providers such as Escrow Made Easy to ensure that every auction follows verified financial and compliance protocols, protecting both buyers and sellers throughout the transaction cycle.
Beyond its auction operations, PPA is driving the digital transformation of the UAE's real-estate sector, developing a multilingual, Al-enabled online auction platform featuring instant bidding visibility, automated escrow deposit flows, and end-to-end legal compliance.
With its headquarters at Julphar Tower, Ras Al Khaimah, PPA represents the next generation of regulated property-auction services, aligning with the UAE 2030 vision for innovation, governance, and digital-economy growth.

Auction |  Distress Sale | Lagoon View I Vacant  

Auction | Must Sell | Distress Sale | Investor Opp

Auction | Must Sell | Distress SaleI Investor Deal

 Auction | Must Sell | Distress Sale I Furnished  

Auction | Must Sell | High Floor | 12% ROI (195K)

Auction | Must Sell | Furnished | 12% ROI (158K)

 Auction | Must Sell | Furnished | 12% ROI (93K)

Auction Details

• Auction Date: 18 November 2025 | Ends: 6:00 PM
• Permit No.: 20251001 – (Real Estate Regulatory Administration – RAK Municipality)
• Conducted By: Prime Property Auctions LLC – Licensed &amp; Regulated

How to Participate

- Visit: //property-auction.ae/my-account
- Register &amp; Verify Your Account
- Submit a 10% Refundable Deposit (subject to Auction terms &amp; conditions)
-  Bid Live

Agency Fees: 2% of the final bidding price

Auction Highlights

• Must Sell – Distress Sale – Lowest Price in the Market
• 1-Bedroom Apartment with Premium Finishes
• High ROI Potential in a Prime Waterfront Community
• Transparent, Regulated, and Secure Online Auction

Property Details

• Project: Gateway 2, Mina Al Arab
• Developer: RAK Properties
• View: Lagoon View
• Type: 1-Bedroom Apartment
• Floor: 1st Floor
• Size: 944 sq. ft.
• Bathrooms: 2
• Category: Freehold
• Status: Ready

Investment Advantages

• Below Market Value Distress Deal – Subject to seller approval as per Auction terms and conditions
• Located in Mina Al Arab – RAK’s Fastest-Growing Luxury Destination
• Premium Beachfront Lifestyle &amp; Developer Reputation (RAK Properties)

Location Highlights

• 25 minutes → Ras Al Khaimah International Airport
• 45 minutes → Dubai International Airport
• Located within Mina Al Arab’s beachfront community, surrounded by retail, dining, and leisure destinations, including InterContinental Hotel &amp; Resort and Anantara Resort

About Gateway 2, Mina Al Arab

Developed by RAK Properties, Gateway Residences 2 is a luxurious waterfront community in Hayat Island, Ras Al Khaimah. The project stands out with its modern architecture, elegant interiors, and and seamless blend of comfort and coastal sophistication seamless blend of comfort and coastal sophistication

Gateway Residences 2

Ras Al Khaimah

Auction Details
•	Auction Date: 18 November 2025 Ends: 6:00 PM
•	Permit No.: 20251001 – (Real Estate Regulatory Administration – RAK Municipality)
•	Conducted By: Prime Property Auctions LLC – Licensed &amp; Regulated

How to Participate
- Visit //property-auction.ae/my-account
- Register &amp; Verify Your Account
- Submit a 10% Refundable Deposit (subject to website terms &amp; conditions)
- Bid Live  

Agency Fees: 2% of the final bidding price

Auction Highlights
•	Must Sell - Distress Sale – Lowest Price in the Market
•	Studio with Premium Finishes
•	Flexible 60/40 Payment Plan (40% Already Paid)
•	High ROI Potential in a Prime Waterfront Community
•	Transparent, Regulated, and Secure Online Auction

Property Details
• Project: The Edge, Mina Al Arab    • Developer: RAK Properties
• View: Lagoon View • Type: Studio Apartment • Size: 381 sq ft
• Floor: 5th    •Bathroom: 1    •Category: Freehold
• Status: Off-Plan • Handover: Q2 2027 • RERA Registration: AED 3000


Investment Advantages
•	Below Market Value Distress Deal - Subject to seller approval as per terms and conditions
•	Located in Mina Al Arab – RAK’s Fastest-Growing Destination
•	Premium Beachfront Lifestyle &amp; Developer Reputation

Location Highlights
•  25 minutes → Ras Al Khaimah International Airport •  45 minutes → Dubai International Airport
•  Located within Mina Al Arab’s beachfront community, surrounded by retail, dining, and leisure destinations 

About The Edge, Mina Al Arab
Developed by RAK Properties, The Edge is a stylish beachfront development that blends modern design with coastal living. Offering premium finishes and resort-style amenities, it’s one of Ras Al Khaimah’s most attractive investment opportunities

About Prime Property Auctions LLC
Prime Property Auctions LLC – OPC is the first and only licensed private real-estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA &amp; RAK Municipality




Edge

Raha Island

Auction Advertisement Permit issued by RERA – Permit No.: 20251001 (Real Estate Regulatory Administration – RAK Municipality)

Auction date: 18/11/2025  ends : 6:00 pm

Auction Conducted by Prime Property Auctions  – Licensed &amp; Regulated

HOW TO PARTICIPATE:
- Visit our official website://property-auction.ae/my-account
- Register &amp; Verify Your Account
- Pay a 10% refundable deposit (subject to the website’s terms and conditions)
- Bid Live – No Reserve
 
Agency Fees:
Only 2% of the final bidding price 

AUCTION HIGHLIGHTS
-  Must Sell!
-  Fully Furnished 2 BR Apartment by Pantheon Development
-  Flexible 60/40 Payment Plan
-  Secure Online Auction – Transparent, Regulated, and Government-Compliant
 
PROPERTY DETAILS
Project: ONE RAK CENTRAL
Developer: Pantheon Development
Unit Type: 2 BR flat
View: Wynn View
Size: 818 sq. ft.
Bathroom: 1
Handover: Q4 2027
Category: Freehold
Furnished Type: Fully furnished
 
INVESTMENT ADVANTAGES
- Lowest Price in the market 
- Strategically located, offering strong returns on both rental and resale
- Fully Furnished with Premium Interiors
- Flexible 60/40 Payment Plan (60% During Construction / 40% on Handover)

 
LOCATION HIGHLIGHTS
5 min – Wynn Resort &amp; Al Marjan Island Beach / Marina &amp; Yacht Club
3 min – Al Hamra Mall / 25 min – RAK International Airport
45 min – Sharjah International Airport / 58 min – Dubai International Airport
 
ABOUT ONE RAK CENTRAL
Developed by Pantheon Development, ONE RAK CENTRAL introduces a new standard of affordable luxury in Ras Al Khaimah.
Combining elegant design and guaranteed income options, it’s the perfect investment for both end-users and global investors seeking solid returns and long-term value

ABOUT PRIME PROPERTY AUCTIONS LLC
Prime Property Auctions LLC – OPC is the first and only licensed private real estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA &amp; RAK Municipality, and a member of the Ras Al Khaimah Chamber (H-64620-2025)



One Central

Auction Advertisement Permit issued by RERA – Permit No.: 20251001 (Real Estate Regulatory Administration – RAK Municipality)

Auction date: 18/11/2025  ends : 6:00 pm

Auction Conducted by Prime Property Auctions  – Licensed &amp; Regulated

HOW TO PARTICIPATE:
- Visit our official website://property-auction.ae/my-account
- Register &amp; Verify Your Account
- Pay a 10% refundable deposit (subject to the website’s terms and conditions)
- Bid Live – No Reserve
 
Agency Fees:
Only 2% of the final bidding price 

AUCTION HIGHLIGHTS
-  Must Sell!
-  Fully Furnished 1 BR Apartment by Pantheon Development
-  Flexible 60/40 Payment Plan
-  Secure Online Auction – Transparent, Regulated, and Government-Compliant
 
PROPERTY DETAILS
Project: ONE RAK CENTRAL
Developer: Pantheon Development
Unit Type: 1 BR
View: Wynn View
Size: 685 sq. ft.
Bathroom: 1
Handover: Q4 2027
Category: Freehold
Furnished Type: Fully furnished
 
INVESTMENT ADVANTAGES
- Lowest Price in the market 
- Strategically located, offering strong returns on both rental and resale
- Fully Furnished with Premium Interiors
- Flexible 60/40 Payment Plan (60% During Construction / 40% on Handover)

 
LOCATION HIGHLIGHTS
5 min – Wynn Resort &amp; Al Marjan Island Beach / Marina &amp; Yacht Club
3 min – Al Hamra Mall / 25 min – RAK International Airport
45 min – Sharjah International Airport / 58 min – Dubai International Airport
 
ABOUT ONE RAK CENTRAL
Developed by Pantheon Development, ONE RAK CENTRAL introduces a new standard of affordable luxury in Ras Al Khaimah.
Combining elegant design and guaranteed income options, it’s the perfect investment for both end-users and global investors seeking solid returns and long-term value

ABOUT PRIME PROPERTY AUCTIONS LLC
Prime Property Auctions LLC – OPC is the first and only licensed private real estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA &amp; RAK Municipality, and a member of the Ras Al Khaimah Chamber (H-64620-2025)



Auction Advertisement Permit issued by RERA – Permit No.: 20251001 (Real Estate Regulatory Administration – RAK Municipality)

Auction date: 18/11/2025  ends : 6:00 pm

Auction Conducted by Prime Property Auctions  – Licensed &amp; Regulated

HOW TO PARTICIPATE:
- Visit our official website://property-auction.ae/my-account
- Register &amp; Verify Your Account
- Pay a 10% refundable deposit (subject to the website’s terms and conditions)
- Bid Live – No Reserve
 
Agency Fees:
Only 2% of the final bidding price 

AUCTION HIGHLIGHTS
-  Must Sell!
-  Fully Furnished Studio Apartment by Pantheon Development
-  Flexible 60/40 Payment Plan
-  Secure Online Auction – Transparent, Regulated, and Government-Compliant
 
PROPERTY DETAILS
Project: ONE RAK CENTRAL
Developer: Pantheon Development
Unit Type: Studio 
View: Park View
Size: 355.53 sq. ft.
Bathroom: 1
Handover: Q4 2027
Category: Freehold
Furnished Type: Fully furnished
 
INVESTMENT ADVANTAGES
- Lowest Price in the market 
- Strategically located, offering strong returns on both rental and resale
- Fully Furnished with Premium Interiors
- Flexible 60/40 Payment Plan (60% During Construction / 40% on Handover)

 
LOCATION HIGHLIGHTS
5 min – Wynn Resort &amp; Al Marjan Island Beach
5 min – Marina &amp; Yacht Club
3 min – Al Hamra Mall
25 min – RAK International Airport
45 min – Sharjah International Airport
58 min – Dubai International Airport
 
ABOUT ONE RAK CENTRAL
Developed by Pantheon Development, ONE RAK CENTRAL introduces a new standard of affordable luxury in Ras Al Khaimah.
Combining elegant design and guaranteed income options, it’s the perfect investment for both end-users and global investors seeking solid returns and long-term value

ABOUT PRIME PROPERTY AUCTIONS LLC
Prime Property Auctions LLC – OPC is the first and only licensed private real estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA &amp; RAK Municipality, and a member of the Ras Al Khaimah Chamber (H-64620-2025)


Auction Advertisement Permit issued by RERA – Permit No.: 20251001 (Real Estate Regulatory Administration – RAK Municipality)

Auction Date: 18/11/25  Ends: 6:00 pm

Auction Conducted by Prime Property Auctions LLC – Licensed &amp; Regulated

HOW TO PARTICIPATE:

- Visit our official website — Prime Property Auctions (property-auction.ae) or ://rak.auction

- Register and verify your account

- Pay a 10% refundable deposit

- Bid live – No Reserve


LISTING DESCRIPTION:

 - Must Sell!

- AED 194,500 guaranteed annual net revenue (12% ROI per year for 3 years)

- Fully Furnished 2-Bedroom Apartment 

- Flexible 60/40 Payment Plan

- Zero Service Charges / Maintenance During ROI Term

- Secure Online Auction – Transparent, Regulated, and Government-Compliant


PROPERTY DETAILS:

- Project: ONE RAK CENTRAL

- Developer: Pantheon Development

-Unit Type: 2-Bedroom Apartment

- View: Wynn 

- Floor: 11

- Size: 817.84 sq ft

- Handover: Q4 2027

- Ownership: Freehold


INVESTMENT ADVANTAGES:

- Guaranteed 12 % Net ROI for 3 years, or 10 % for 5 years

- Fully furnished with premium interiors

- Transferable ROI contracts ideal for investors

- Service charges / Maintenance waived during ROI term

- Flexible 60/40 payment plan (60 percent during construction, 40 percent on handover)

LOCATION HIGHLIGHTS:

5 minutes to Wynn Resort and Al Marjan Island Beach / Marina and Yacht Club

3 minutes to Al Hamra Mall

58 minutes to Dubai International Airport


ABOUT ONE RAK CENTRAL:

Developed by Pantheon Development, ONE RAK CENTRAL defines affordable luxury in Ras Al Khaimah. Featuring elegant architecture and secure guaranteed income options, it is the ideal investment for both end users and global investors seeking long-term growth and stability.

ABOUT PRIME PROPERTY AUCTIONS LLC:

Prime Property Auctions LLC (OPC) is the first and only licensed private real estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA / RAK Municipality 


Auction Advertisement Permit issued by RERA – Permit No.: 20251001 (Real Estate Regulatory Administration – RAK Municipality)

Auction Date: 18/11/25  Ends: 6:00 pm

Auction Conducted by Prime Property Auctions LLC – Licensed &amp; Regulated

HOW TO PARTICIPATE:

Visit our official website — Prime Property Auctions (property-auction.ae) or ://rak.auction

Register and verify your account

Pay a 10 percent refundable deposit

Bid live – No Reserve


LISTING DESCRIPTION:

Must Sell!

AED 157,900 guaranteed annual net revenue (12% ROI per year for 3 years)

Fully Furnished 1-Bedroom Apartment by Pantheon Development

Flexible 60/40 Payment Plan

Zero Service Charges / Maintenance During ROI Term

Secure Online Auction – Transparent, Regulated, and Government-Compliant


PROPERTY DETAILS:

Project: ONE RAK CENTRAL

Developer: Pantheon Development

Unit Type: 1-Bedroom Apartment

View: Wynn View

Floor: 7

Size: 685.02 sq ft

Handover: Q4 2027

Ownership: Freehold

INVESTMENT ADVANTAGES:

Guaranteed 12% Net ROI for 3 years, or 10% for 5 years

Fully furnished with premium interiors

Transferable ROI contracts ideal for investors

Service charges / maintenance waived during ROI term

Flexible 60/40 payment plan (60 percent during construction, 40 percent on handover)


LOCATION HIGHLIGHTS:

5 minutes to Wynn Resort and Al Marjan Island Beach / Marina and Yacht Club

3 minutes to Al Hamra Mall

58 minutes to Dubai International Airport


ABOUT ONE RAK CENTRAL:

Developed by Pantheon Development, ONE RAK CENTRAL sets a new benchmark for affordable luxury in Ras Al Khaimah. With its elegant design and guaranteed income plans, it offers a secure and profitable investment for both end-users and global investors seeking long-term returns and value.

ABOUT PRIME PROPERTY AUCTIONS LLC:

Prime Property Auctions LLC (OPC) is the first and only licensed private real estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA / RAK Municipality

Auction Advertisement Permit issued by RERA – Permit No.: 20251001 (Real Estate Regulatory Administration – RAK Municipality)

Auction Date: 18/11/25  Ends: 6:00 pm

Auction Conducted by Prime Property Auctions LLC – Licensed &amp; Regulated

HOW TO PARTICIPATE:

- Visit our official website — Prime Property Auctions (property-auction.ae) or ://rak.auction
- Register and verify your account
- Pay a 10 percent refundable deposit
- Bid live - No reserve

LISTING DESCRIPTION:
 
- Must Sell!
- AED 93,000 guaranteed annual net revenue (12% ROI per year for 3 years)
- Fully Furnished Studio Apartment by Pantheon Development
- Flexible 60/40 Payment Plan
- Zero Service Charges / Maintenance During ROI Term
- Secure Online Auction – Transparent, Regulated, and Government-Compliant

PROPERTY DETAILS:

- Project: ONE RAK CENTRAL
- Developer: Pantheon Development
- Unit Type: Studio 
- View: Park View
- Floor: 5
- Size: 355.53 sq ft
- Handover: Q4 2027
- Ownership: Freehold

INVESTMENT ADVANTAGES:

- Guaranteed 12 % Net ROI for 3 years, or 10 percent for 5 years
- Fully furnished with premium interiors
- Transferable ROI contracts suitable for investors
- Service charges / Maintenance: waived during ROI term
- Flexible 60/40 payment plan (60 percent during construction, 40 percent on handover)

LOCATION HIGHLIGHTS:

- 5 minutes to Wynn Resort and Al Marjan Island Beach / Marina and Yacht Club
- 3 minutes to Al Hamra Mall
- 58 minutes to Dubai International Airport

ABOUT ONE RAK CENTRAL
Developed by Pantheon Development, ONE RAK CENTRAL sets a new standard of affordable luxury in Ras Al Khaimah. Combining elegant design, and guaranteed income options, it is the ideal investment for both end users and global investors seeking strong returns and long-term value.

ABOUT PRIME PROPERTY AUCTIONS LLC
Prime Property Auctions is the first and only licensed private real estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA / RAK Municipality.

