Global Listings
RAK Properties

Raha Island, Mina, Ras Al Khaimah, UAE

Mirasol

RAK Properties
FromAED770,000 – AED5,222,000
Gross yield6.5%
Exp. 5-yr capital growth20%
CompletionQ1 2028
Payment terms10% booking

About the property

Sea views, direct marina access and a resort podium on Ras Al Khaimah's waterfront

Set on Mina's waterfront between its two man-made islands, this resort-inspired residence offers sea views and direct access to the marina, the yacht club and the masterplan's hotel cluster in Ras Al Khaimah. The mix runs from compact studios to three-bedroom duplexes, with a small number of penthouses released on request. The podium is given over to relaxation: an oasis pool with Gulf views, sunken lounging beds, an open-air cinema and a wellness cluster of yoga studio, gym, steam and sauna, with dining shaped by a Michelin-starred chef. Completion is anticipated in Q1 2028. For buyers seeking an accessible entry into waterfront Mina with a hospitality-led lifestyle.

Why buy

  • Sea views with the marina alongside

    Mirasol looks over the Gulf with direct access to Mina Marina and the yacht club, which is planned as a premier yachting destination for the northern emirates.

  • Entry at AED 770,000

    Studios start at 387 sq ft from AED 770,000, the lowest entry point across the current RAK Properties Mina releases. One-bedroom suites follow from AED 1,000,000.

  • Duplexes and penthouses at the top

    Three-bedroom duplexes run from 2,091 to 3,343 sq ft at AED 5,222,000, with a pair of penthouses near 3,910 sq ft released on request. Large-format stock on Mina is scarce.

  • A podium built around the pool

    An oasis pool with sweeping Gulf views, sunken beds, an open-air cinema, a children's play area with splash pool, and a lounge and juice bar that works for remote days.

  • Dining by a Michelin-starred chef

    Culinary experiences at Mirasol are being developed in collaboration with Michelin-starred chef Vicente Torres.

  • 10/40/50 across construction

    10% at booking, 40% during construction and 50% on handover, with anticipated completion in Q1 2028. Terms are per the Mirasol 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

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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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Calculation Results

Monthly Payment
AED 0.00
Loan Amount
AED 616,000.00
Total Interest
-AED 616,000.00

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