RAK Properties PJSC (ADX:RAKPROP) Buildings And Improvements : د.إ0 Mil (As of Mar. 2025)

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What is RAK Properties PJSC Buildings And Improvements?

RAK Properties PJSC's quarterly buildings and improvements increased from Sep. 2024 (د.إ0 Mil) to Dec. 2024 (د.إ1,321 Mil) but then declined from Dec. 2024 (د.إ1,321 Mil) to Mar. 2025 (د.إ0 Mil).

RAK Properties PJSC's annual buildings and improvements increased from Dec. 2022 (د.إ685 Mil) to Dec. 2023 (د.إ703 Mil) and increased from Dec. 2023 (د.إ703 Mil) to Dec. 2024 (د.إ1,321 Mil).

RAK Properties PJSC Buildings And Improvements Historical Data

The historical data trend for RAK Properties PJSC's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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RAK Properties PJSC Buildings And Improvements Chart

RAK Properties PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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166.90

169.23

684.98

703.32

1,321.43

RAK Properties PJSC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	1,321.43	-

RAK Properties PJSC Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

RAK Properties PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RAK Properties PJSC (ADX:RAKPROP) » Definitions » Buildings And Improvements

Traded in Other Exchanges

N/A

Address

Julphar Towers, P.O. Box 31113, Floor No 40 and 41, Ras Al-Khaimah, ARE

Website

https://www.rakproperties.ae

RAK Properties PJSC is a property development and tourism infrastructure firm in the United Arab Emirates. The principal activities of the Group are an investment in and development of properties, property management, hotel operations, marine management, and related services. The Group is organised into three operating segments: property sales, hotel operations and property leasing and other income.

RAK Properties PJSC Headlines

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