Rakeen Development Company

What Rakeen Development Company does

Rakeen Development Company (BD) Ltd. is a privately held real estate developer headquartered in Mirpur, Dhaka, Bangladesh. The company develops and sells premium residential apartments and commercial properties, with its primary project being Bijoy Rakeen City — described as Bangladesh's first International Standard Gated Community, built on 50 Bigha (16.02 acres) of land comprising 36 residential buildings with 1,950 apartments in two configurations (Type A at 1,872 sft and Type B at 1,553 sft). The company also operates Rakeen Tranquil Town, a secondary residential project, and Rakeen Tower, a 12-storied commercial complex offering office space at 8,520 sft per floor. Integrated amenities include a community club, school, mosque, indoor and outdoor swimming pools, gymnasium, tennis and basketball courts, jogging tracks, supermarket, ATM, pharmacy, and banking facilities, supported by dedicated utility infrastructure including a DESCO sub-station, WASA pump, and Sewage Treatment Plant.

The company targets middle to upper-middle class Bangladeshi families and Non-Resident Bangladeshi (NRB) buyers seeking premium gated-community living with comprehensive amenities, addressing a perceived shortage of quality residential infrastructure in Dhaka. Revenue is generated primarily through one-time property sales under a structured payment plan (20% booking money, 70% equal installments during construction, 10% at possession). The company does not publish pricing and operates a direct sales model via corporate office walk-ins and a hotline sales number (09666782222), complemented by digital channels including an official website with 360-degree virtual tours, e-brochures, and social media presence on Facebook, X, and Instagram. The company holds RAJUK regulatory approval dated 11/10/2011 and offers home loan facilitation through partnerships with banks and financial institutions to broaden buyer access to financing.

Name

Rakeen Development Company

Legal name

Rakeen Development Company (BD) Ltd.

Website

https://rakeenbd.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Rakeen Development Company (BD) Ltd. is a Mirpur, Dhaka-based real estate developer of premium gated-community residential apartments and commercial properties, primarily serving affluent Bangladeshi families and Non-Resident Bangladeshi buyers.

Ownership category

akta.pro rank

Headquarters

HQ city

Mirpur

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales

Revenue model

1. Residential Property Sales: Sale of residential apartments in Bijoy Rakeen City (1950 units across 36 buildings) and Rakeen Tranquil Town. Payment structure: 20% booking money, 70% equal installments during construction, 10% at possession.
2. Commercial Property Sales: Sale of commercial spaces in Rakeen Tower (12-storied commercial complex with office spaces of 8520 sft per floor), and retail/commercial spaces within Bijoy Rakeen City.
3. Home Loan Services: Facilitation services connecting buyers with partner banks and financial institutions for home financing, subject to bank approval based on buyer income and status.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Rakeen Development Company is a Bangladesh-based real estate developer that builds, markets, and sells residential apartments and commercial properties in the Dhaka metropolitan area. Its flagship offering is Bijoy Rakeen City, a 5.4-acre gated master-planned community comprising 11 towers with 1,950 apartments plus supporting commercial spaces, complemented by Rakeen Tranquil Town (residential) and Rakeen Tower (commercial). The company additionally facilitates buyer access to home loans through partner banks as an integrated sales-support service.

Product overview

Rakeen Development Company (BD) Ltd. is a leading real estate developer in Bangladesh offering residential condominiums and commercial properties. The company operates a portfolio of projects including Bijoy Rakeen City (the country's first true condominium project on 50 Bigha land featuring 1,950 apartments across 36 buildings), Rakeen Tranquil Town, and Rakeen Tower commercial complex. The company provides home financing assistance through bank partnerships and offers flexible payment options (20% booking, 70% installments, 10% at possession).

Differentiator

Problem solved

Functional benefit

Brands

• Bijoy Rakeen City: First and only International Standard Gated Community spread across 50 Bigha Land in Mirpur, Dhaka. A major residential project featuring apartments, community club, school, mosque, and various amenities.
• Rakeen Tranquil Town
• Rakeen Tower

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat4 records

Customer concentration

• Xx.com/rakeenbd
• Facebookfacebook.com/rakeenbd
• Instagraminstagram.com/rakeenbd
• LinkedInlinkedin.com/company/rakeen-development-company-bd-limited

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rakeen Development Company