Global Listings
RAK Properties

Mina, Ras Al Khaimah, UAE

Mirasol II

RAK Properties
FromAED861,000 – AED12,300,000
Gross yield6.5%
Exp. 5-yr capital growth20%
CompletionQ3 2028
Payment terms50/50 standard

About the property

A second waterfront phase with direct marina access and an unusually granular unit mix

Building on a first phase already under way next door, this waterfront residence on Mina in Ras Al Khaimah has direct marina access and keeps the masterplan's downtown within easy reach. A few hundred homes span nine types, from studios to a pair of penthouses, including four one-bedroom categories across five layouts, with corner and chalet homes that let buyers price precisely against aspect and outlook. The podium is given over to an oasis pool, sunken beds and an outdoor cinema, with a gym, yoga studio, sauna and steam rooms. Completion is anticipated in Q3 2028. For off-plan buyers who value a developer already delivering the adjacent phase.

Why buy

  • Direct access to the marina

    Mirasol II sits on Mina's waterfront with direct marina access and Downtown Mina within easy reach, inside RAK Properties' own masterplan.

  • Nine unit types across 280 homes

    Four one-bedroom categories alone, suite, premium, corner and chalet, across five layouts, let buyers price precisely against aspect. Studios start at AED 861,000 and 390 sq ft.

  • Genuinely scarce top-end stock

    Two 3-bedroom waterfront duplexes at 2,108-2,175 sq ft from AED 7.67M, and two penthouses near 3,742 sq ft at AED 12.3M. Four units in total at the top of the building.

  • A second phase with a track record

    Mirasol II follows the first Mirasol on the same masterplan. For an off-plan purchase, a developer already delivering the adjacent phase is a materially different risk profile to a first-time scheme.

  • A podium designed to slow the pace

    Oasis pool, sunken beds, outdoor cinema, crèche with splash pool and park, reading garden, jogging track, lounge and juice bar, gym, yoga studio, sauna and steam rooms.

  • Three payment plans to choose between

    Standard 50/50, Special 35/65 and Smart 65/35, with anticipated completion in Q3 2028. Terms are per the Mirasol II factsheet.

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

Professional Suite

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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Loan Terms

Calculation Results

Monthly Payment
AED 0.00
Loan Amount
AED 688,800.00
Total Interest
-AED 688,800.00

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