Projects in Raha Island
Mirasol Phase 2 By Rak Properties
RAK Properties
Address: Ras Al Khaimah, Mina Al Arab, Raha Island, Mirasol
AED 861,000 - AED 12,300,000
Completion: Sep 2028
Payment Plan: Available
Property Type: Apartment, Duplex, Penthouse

Edge at Raha Island By RAK
RAK Properties
Address: Ras Al Khaimah, Mina Al Arab, Raha Island
AED 750,000 - AED 2,856,000
Completion: Jun 2027
Payment Plan: Available
Property Type: Apartment, Penthouse

Skai
RAK Properties
Address: Ras Al Khaimah, Mina Al Arab, Raha Island, Skai
AED 1,250,000 - AED 4,860,000
Completion: Apr 2028
Payment Plan: Available
Property Type: Apartment, Penthouse

Raha Island, Mina Al Arab: A Focused Off-Plan Market in RAK's Coastal Zone
Raha Island sits within Mina Al Arab, Ras Al Khaimah's waterfront master-planned community developed along the emirate's northern coastline. As a subdistrict, it carries a specific identity: a contained residential pocket with direct beach access and a small but deliberate inventory of off-plan projects. With four projects currently listed, buyer choice here is narrow by design rather than by neglect. That concentration shapes everything from pricing to developer consistency.
Where AED 815K Is the Starting Conversation
The median price across Raha Island sits at AED 815,500, which tells you most of the market clusters near the lower end of the range. The floor is AED 750,000 and the ceiling reaches AED 12,300,000, a gap wide enough to warrant explanation. That upper figure reflects penthouses, which alongside apartments and duplexes make up the full property mix here.
| Property Type | Projects |
|---|---|
| Apartment | 4 |
| Penthouse | 4 |
| Duplex | 2 |
Apartments appear across every project, making them the broadest entry point for buyers. Penthouses match that count, suggesting the developer has positioned Raha Island to serve both mid-market buyers and those looking for a premium coastal unit within the same master plan. Duplexes across two projects add a mid-tier option, likely appealing to buyers who want more floor area than a standard apartment but aren't stretching to penthouse pricing.
RAK Properties, One Vision, Four Projects
RAK Properties is the sole developer active here. In a fragmented market, that would raise questions about resale depth; in a subdistrict this size, it means consistency. Construction standards, material specifications, and community management all run through one entity. For buyers, that reduces the due diligence burden but also means there is no competitive pricing dynamic between developers to negotiate against.
Handover across the four projects runs from June 2027 through September 2028. Buyers entering now are looking at a one-to-two-and-a-half-year off-plan window. None of the current projects include post-handover payment terms, so buyers should plan for completion payments to fall entirely within the construction period.
The minimum down payment stands at 10%, which is a reasonable entry point for off-plan in this market. Beach access, a health club, indoor swimming pool, and landscaped gardens feature among the planned amenities, alongside retail facilities and children's play areas. The combination points toward a community built for residents rather than short-stay use, with the infrastructure to support year-round living.
