Where is Nura by RAK Properties located?

Nura by RAK Properties is located in Ras Al Khaimah, within the resort area of Mina Al Arab, directly on the central boulevard of Downtown Mina.

What types of properties are available at Nura by RAK Properties?

Properties at Nura at Mina Al Arab include studios, 1-3 bedroom apartments, and two 4-bedroom penthouses.

How much do properties at Nura by RAK Properties cost?

The starting price for studios is from 800 000 AED (217 800 $). You can buy an apartment at Nura by RAK Properties from 1 240 000 AED (337 600 $) for a 1-bedroom option, from 1 980 000 AED (539 100 $) for a two-bedroom unit and from 3 470 000 AED (944 900 $) for a three-bedroom one. The cost of a four-bedroom penthouse is 5 900 000 AED (1 606 500 $) and above.

When is the handover date of property at Nura by RAK Properties?

The handover date of this new property by RAK Properties at Mina Al Arab is scheduled for Q1 2029.

What are the payment terms for buying an apartment at Nura by RAK Properties?

There is a flexible interest-free installment plan available for buying an apartment at Nura at Mina Al Arab: 10% on booking, 50% during construction, and 40% upon handover. Alternatively, there is a 40/60 scheme with a 10% down payment.

Nura by RAK Properties at Mina Al Arab, Ras Al Khaimah

Nura by RAK Properties is a newly launched premium residential development in the heart of Mina Al Arab. It is situated along the central boulevard of Downtown Mina in Ras Al Khaimah. It is the first residential address on Raha Island, offering a balanced blend of coastal living, metropolitan energy and resort-style ambience. The development is managed by one of the largest builders in the emirate. RAK Properties is a state-owned company with a large portfolio of innovative projects throughout Mina Al Arab. This is an important factor for those who consider property in Ras Al Khaimah as a long-term investment.

Nura at Mina Al Arab consists of a 19-storey tower with a two-level podium and a more chamber-like 6-storey block. Retail spaces and cafés are located at ground level, forming a lively urban storefront along the boulevard. The architecture of Nura by RAK Properties is both expressive and restrained, with flowing lines, large-format glazing and geometric forms. The façade with double low-emissivity insulating glass reduces heat gain, while an efficient VRF system ensures a comfortable indoor climate.

Properties at Nura at Mina Al Arab comprise 312 units including studios, 1-3 bedroom apartments and two 4-bedroom penthouses. Residences are available in two formats: Suite and Premium. Sizes range from 375 sqft (35 m²) to 2,754 sqft (256 m²). The interiors are designed in a neutral palette, with the main focus on light, smart furniture arrangement and sufficient storage space. Each residence has panoramic windows, terraces, open-plan kitchens and smart locks with keyless access. The residential complex is equipped with a home automation system, high-speed fibre-optic internet and energy-efficient LED lighting. The impression is enhanced by an 8-metre-high double-height lobby with a multifunctional space for exhibitions and art events.

A high level of amenities is another strong point of the project. The podium and open terraces feature a 25-metre swimming pool with relaxation areas, a children's pool with entertainment elements, a jacuzzi, a yoga deck with Aerial & Barre programmes, and indoor and outdoor gyms. For quality leisure time, residents can enjoy a padel court with a lounge, mini golf, table tennis, petanque, a skate park, a playground, a climbing wall, and a playground with trampolines. The complex also has co-working spaces, an open-air cinema, barbecue pavilions with hanging hammocks, a pet park and a grooming area. The territory around the buildings is grouped into a single pedestrian environment with landscape design.

Location is a compelling argument in favour of buying property at Nura by RAK Properties. The residential complex is centrally situated in Downtown Mina, with a boulevard, harbour and marina. Mina Harbour and Marina & Yacht Club are within walking distance, as is a green public park. Nearby are world-class hotels such as the InterContinental Resort, Anantara Resort and Spa, Nikki Beach and Four Seasons Resort. Mina Al Arab also has shopping and walking areas such as Lagoon Walk, cafes, boutiques and medical centres. The Wynn Resort on Al Marjan Island is a 10-minute drive away, RAK International Airport is 20 minutes away, and Dubai International Airport is about an hour away.

Mina Al Arab is one of the most promising areas of the emirate, combining coastal ecology, developed infrastructure and dynamic tourism growth. The area has already attracted significant investment in the hospitality sector, and the launch of the Wynn Resort is expected to increase tourist traffic and demand for rental accommodation. Against this backdrop, buying property at Mina Al Arab looks like a balanced investment: the expected rental yield is 6-7% per annum, with stable growth in value of 10-12% per annum. At the same time, the entry ticket here is significantly lower than in Dubai, and the absence of income and capital gains tax in the UAE allows investors to pick up profits without fiscal losses. Against the backdrop of growing interest in resort holidays in Ras Al Khaimah and limited supply in Downtown Mina, the apartments at Nura by RAK Properties have the potential for resale upon completion and for stable rental income.

The initial price range appears competitive as for beachfront property in Ras Al Khaimah. Studios in the project start at 800 000 AED (217 800 $), one-bedroom apartments at 1 240 000 AED (337 600 $), two-bedroom units at 1 980 000 AED (539 100 $), and three-bedroom ones at 3 470 000 AED (944 900 $). The minimum price for a penthouse at Nura at Mina Al Arab is 5 900 000 AED (1 606 500 $). The developer offers flexible installment terms: 10% on booking, 50% during construction, and 40% upon handover. An alternative option is a 40/60 scheme with a 10% down payment. The complex is scheduled for completion in Q1 2029.