RAK Properties PJSC (ADX:RAKPROP) Construction In Progress : د.إ0 Mil (As of Mar. 2025)

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What is RAK Properties PJSC Construction In Progress?

RAK Properties PJSC's quarterly construction in progress increased from Sep. 2024 (د.إ0 Mil) to Dec. 2024 (د.إ12 Mil) but then declined from Dec. 2024 (د.إ12 Mil) to Mar. 2025 (د.إ0 Mil).

RAK Properties PJSC's annual construction in progress increased from Dec. 2022 (د.إ437 Mil) to Dec. 2023 (د.إ645 Mil) but then declined from Dec. 2023 (د.إ645 Mil) to Dec. 2024 (د.إ12 Mil).

RAK Properties PJSC Construction In Progress Historical Data

The historical data trend for RAK Properties PJSC's Construction In Progress 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 Construction In Progress Chart

RAK Properties PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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548.24

767.03

437.45

645.23

11.63

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
Construction In Progress	Get a 7-Day Free Trial															-	-	-	11.63	-

RAK Properties PJSC Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

RAK Properties PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RAK Properties PJSC (ADX:RAKPROP) » Definitions » Construction In Progress

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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