RAK Properties, United Al Saqer Group Partner to Launch One Facilities Management

1. Strategic partnership between RAK Properties and Al Saqer Group set to create new end-to-end Facilities Management entity that is set to redefine how spaces are operated, maintained, and evolved
2. ONE FM to focus on the Northern Emirates – an estimated AED 4.9 billion market for facilities management

Ras Al Khaimah, UAE – 20th November 2025: RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, and the United Al Saqer Group (UASG), one of the UAE’s leading multi-sector business groups, are proud to launch One Facilities Management (One FM).

Building on 20 years of excellence in real estate development, and nearly 50 years serving multiple sectors (through iFM, UASG’s FM arm), RAK Properties and UASG synergize to deliver world-class, technology-driven, and sustainable facilities management solutions across the region.

One FM’sHazem Al Hamed, CEO ASPM service delivery platform will combine iFM’s technical depth and digital readiness with RAK Properties’ strong customer-centric approach, creating an operational model positioned for excellence, scalability, and long-term performance

One FM is uniquely placed to play a leading role in the growing facilities management market in the Northern Emirates through its integrated services offering.

The partnership combines RAK Properties strong local market knowledge and operational footprint with UASG’s global FM expertise, technical capabilities, and innovation-driven service delivery. One Facilities Management aims to set new industry benchmarks by offering comprehensive, end-to-end FM solutions, including hard and soft facilities management, energy management, sustainability advisory, asset lifecycle planning, digital FM, CAFM & IoT-enabled monitoring, and specialized technical services.

The newly formed entity will focus on serving key sectors such as residential communities, commercial developments, mixed-use properties, industrial assets, hospitality, education, and healthcare, with an emphasis on safety, energy efficiency, service excellence, and customer experience.

The outsourced facilities management sector within the Northern Emirates is estimated to be worth AED 4.9 billion in 2025 based on a combination of projected RAK GDP growth and FM demand driven by major tourism projects. This market is expected to undergo a CAGR in excess of 7% by the year 2030.

Commenting, Sameh Muhtadi, CEO, RAK Properties, said: “We are proud to launch One Facilities Management, which we believe will take an immediate leadership role in the FM space in the Northern Emirates. Our home Emirate of Ras Al Khaimah is experiencing unprecedented growth across all areas of the real estate market which represents a significant opportunity for an integrated facilities management entity to better serve the needs of developers and customers.

 As a shareholder in RAK Properties, it is natural for us to strengthen this partnership and channel nearly five decades of UASG’s experience into a unified FM platform. Through iFM’s technical depth, digital readiness, and operational capability, we are equipping One FM with the strength and scalability it needs from day one. This partnership positions One FM not only to support RAK Properties’ growing portfolio, but to confidently expand into the wider Northern Emirates market—capturing new opportunities, elevating service standards, and delivering sustainable long-term value for our shareholders

 Hazem Al Hamed, CEO ASPM / MD iFM - United Al Saqer Group

One FM offers Strategic Value Proposition through,

• Integration of global FM best practices and local operational excellence
• Commitment to ESG, decarbonization, and sustainable asset lifecycle performance
• Investment in digital transformation, predictive maintenance, and talent development
• Agile, scalable solutions aligned with regional market growth

One Facilities Management headquarters will be based in Ras Al Khaimah, with operations expected to expand into other emirates in the coming years.

“One partner, Integrated Solutions”

About RAK Properties

Founded in 2005 under the visionary leadership of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties is a leading real estate developer committed to producing exceptional and sustainable destinations. Specialising in contemporary and meticulously crafted communities, RAK Properties integrates excellence, innovation, and nature to create enriching lifestyles in alignment with the aspirations of tomorrow’s people.  

RAK Properties plays a pivotal role in achieving RAK Vision 2030, focusing on delivering economic, social, and environmental value, all aimed at enhancing lives and places, and contributing to the prosperous narrative of Ras Al Khaimah. 

Awards and recognitions

• Awarded ‘Developer of the Year’ 2023 by Construction Week Middle East. 
• Bay Views Residences won the ‘Best Residential Project’ at the Design Middle East Awards 2023, where the residential development was recognized as the region's best design and architecture.  
• Quattro Del Mar was awarded the Best Mixed-Use Project at the prestigious Pillars of Real Estate Awards 2024.

About United Al Saqer Group

United Al Saqer Group (UASG) is one of the UAE’s most established and diversified conglomerates. With nearly 50 years of excellence across automotive, real estate, industrial, facilities management, retail, and technology sectors, UASG has built a reputation for operational excellence and innovation.

Through its dedicated FM subsidiary, iFM Facilities Management LLC, UASG delivers advanced FM services powered by digital transformation, technical expertise, and a highly skilled workforce serving major assets across the region