![United Arab Emirates - Abu Dhabi - April 22 - 2009 : People in front of a scale model of Mina Al Arab project at RAK Properties showroom during Cityscape Abu Dhabi in Abu Dhabi National Exhibition Centre. ( Jaime Puebla / The National ) *** Local Caption *** JP41 CITYSCAPE AD.jpg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/2DLVVTJ7E5YTHIG4L7WGWVEW6Y.jpg?smart=true&auth=ec5d5f5c3bebfbfe432e36c4e5daac2808f70b6cf154b843f097fc6111d17d8c&width=400&height=225)
Local developer RAK Properties' first quarter profits drop 84 per cent as revenues fall. Jaime Puebla / The National
Local developer RAK Properties' first quarter profits drop 84 per cent as revenues fall. Jaime Puebla / The National
RAK Properties' first-quarter net income down 84% as revenues drop
Developer to deliver Gateway Residence and Julphar Residence projects this year