Global Listings
RAK Properties

Harbour District, Raha Island, Mina, Ras Al Khaimah, UAE

SKAI

RAK Properties
FromAED877,000 – AED3,900,000
Gross yield6.5%
Exp. 5-yr capital growth20%
CompletionQ2 2028
Payment terms50/50 standard

About the property

Contemporary coastal living in Mina, with a club-style amenity programme and post-handover payment

Set on a harbour within Mina, Ras Al Khaimah's six-district waterfront masterplan, this residence is designed to blend with its coastal surroundings rather than stand against them. The mix runs from compact studios to three-bedroom penthouses, with a distinctive one-bedroom chalet format in between. Amenities are gathered into a single residents' club: a zen garden, outdoor gym, padel court, pool, yoga pavilion, BBQ area and junior playland. The airport is around 20 minutes away and Dubai International around an hour. A choice of standard, advanced and post-handover payment plans broadens the buyer pool at launch and at resale. For buyers seeking flexible terms on the Mina coastline.

Why buy

  • Three payment structures, including post-handover

    Standard 50/50, Advanced 70/30 and a Post Handover 60/40. A post-handover option is the widest door into the scheme for buyers financing from income rather than capital.

  • A chalet format between one and two beds

    The 1 BR Chalet runs 823-927 sq ft from AED 1.9M, sitting between the one-bedroom premium and the two-bedroom. Distinctive stock is easier to differentiate at resale.

  • South Harbour within the Mina masterplan

    Mina comprises six districts including the man-made Hayat and Raha islands, framed by two million square metres of protected mangroves.

  • The SKAI Club

    A zen garden, outdoor gym, padel court, the SKAI pool, a yoga pavilion, BBQ area and junior playland, gathered into a single club rather than scattered across the podium.

  • Penthouses above 2,200 sq ft

    Three-bedroom penthouses run 2,233-2,334 sq ft from AED 3.9M, the top of a building that opens at AED 877,000 for a studio.

  • Backed by an ADX-listed developer

    RAK Properties has been building in the emirate since 2005, is listed on the Abu Dhabi Securities Exchange with a government ownership stake, and is the master developer of Mina itself.

The address

  • Domestic and regional flights [20 minutes by car]
  • Long-haul international hub [60 minutes by car]
  • Direct coastal route to Dubai and the northern emirates [5 minutes by car]
  • Nikki Beach Resort & Spa, Bar Du Port Beach, InterContinental Resort & Spa, Anantara Mina [within Mina]
  • Mina Marina and Yacht Club, Mina Wharf, Mina Boulevard, Angel Bay public beach [walking distance]
  • Al Hamra Mall and the 18-hole Al Hamra Golf Club [about 7 km away]
  • British curriculum with IB pathways [about 5 km away]
  • Main Ras Al Khaimah city campus [about 11 km away]
  • University campus in Ras Al Khaimah city [about 17 km away]

Nearby transport, places and schools are as recorded by the seller. Confirm distances and school admissions independently before advising.

See it in full

Members see everything, and a specialist introduces the property.

  • Full pricing and payment plans
  • Floor plans and project documents
  • A specialist on this property

Rachel Jones

RAK Properties

RAK Properties

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The numbers, this market's own rules

Ras Al Khaimah Property Analysis Hub

Updated January 2026

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Data and calculations are updated regularly for informational purposes. For accurate data and personalized advice, consult an INTRIC specialist or conduct independent research. Professional financial and legal advice recommended.

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Property Details

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Monthly Payment
AED 0.00
Loan Amount
AED 701,600.00
Total Interest
-AED 701,600.00

Documents & resources

Everything for this property

Complete Investor Guide to UAE Property

Guide

Complete Investor Guide to UAE Property

Tax-free property investment in Dubai, Abu Dhabi, and the wider Emirates

Read the full guide
Ras Al Khaimah

Guide

Ras Al Khaimah

Ras Al Khaimah (RAK), the UAE's northernmost emirate, has become one of the Middle East's fastest-growing property markets, propelled by the USD 5.2 billion Wynn Al Marjan Island integrated resort (the country's first licensed gaming resort) due to open in early 2027. The transformation is dramatic: prime apartment prices climbed to AED 2,428 per square foot in 2025, with apartment values up 32% year-on-year and villas up 11%, concentrated in the waterfront communities of Al Marjan Island, Al Hamra Village and Mina Al Arab. Rental yields are attractive at roughly 5-6% gross on average, with select branded and waterfront projects reaching 8-9%, and apartment rents rose nearly 25% in 2025 despite new supply. RAK allows 100% foreign freehold ownership in designated areas, and the emirate's population is projected to grow from around 400,000 toward 650,000 by 2030, with hotel capacity set to more than double to roughly 20,000 keys. Top international buyers include Russians, Indians, Chinese, Germans and Britons. As a UAE market it offers a US-dollar-pegged currency, zero income and capital-gains tax on property, and a stable legal framework. Investors should still weigh real risks: a strong reliance on the Wynn-driven narrative and the resort's on-time delivery (construction paused before resuming in 2026), a notable new-supply pipeline that could pressure rents, and a 24% drop in transaction volume in 2025 even as prices rose (a sign of a cooling, more selective market).

  • Wynn Al Marjan Island Resort
  • Rapid Capital Appreciation
  • 100 Percent Foreign Freehold
Read the full guide
Ras Al Khaimah

Guide

Ras Al Khaimah

A waterfront eco-community of mangroves, beaches and branded residences south of RAK city.

Read the full guide