RAK Properties: Ras Al Khaimah is its own market, with its own rules
The main listed developer of Ras Al Khaimah. What changes when you buy in a northern emirate — registration, ownership, visas and the demand story behind the current interest.
Mirasol Residences
Mina Al Arab
Project factsheet
Layouts studios
Handover Q1 2028
Photos and renders of the building and grounds — not of this particular unit.
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Layouts and the handover date come from the developer's brochure in our archive. Prices and payment plans from the same source are deliberately not published: they are dated to when the brochure was issued and do not match today's prices. I will send the current ones over WhatsApp.
Developer prices
The developer did not quote sums in these materials — below is what they did contain: layouts, the payment plan and the handover date. I will send the current price list and availability over WhatsApp.
The developer's last quote in our materials is dated 23 June 2025, which is more than 6 months old, so the sums are not shown here. I will send the current price list and availability over WhatsApp.
Layout sizes from the same materials
- 1 bedroom — 2 lots 986–1 050 sqft
- 2 bedrooms — 3 lots 1 085–1 421 sqft
- 3 bedrooms, duplex — 4 lots 2 776–3 910 sqft
- Developer
- RAK Properties
Figures come from the developer's own materials sent to brokers, dated 23 June 2025. The commentary behind them is written up in the Russian version of this page.
About the project
Mirasol Residences is a residential complex in Mina Al Arab, handover is due Q1 2028.
Layouts, according to the developer's brochure — studios.
The database currently holds 2 lots in this project, from 1,950,000 AED; 2 of them priced below the market, the deepest discount 11%.
Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2028 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about Mirasol Residences
When is Mirasol Residences handed over?
The developer's brochure says Q1 2028. The date in the contract for a particular unit can differ — I check it before the deal.
What layouts are there in Mirasol Residences?
Studios, according to the developer's brochure. Which sizes are actually free right now depends on what is on the market; I will send the current list.
How much does an apartment in Mirasol Residences cost?
The database currently holds 2 lots in this project, from 1,950,000 AED; 2 of them priced below the market, the deepest discount 11%. Prices move every day, so it is worth asking for the current list for this building.
In the news
What has been written about Mina Al Arab, the developer and off-plan
How a Dubai launch price list is built, and how to read one
A launch sells out in an afternoon, which is exactly the problem: the buyer has the least time to think at the moment the most is being decided. What the price list is actually telling you, and which columns matter.
Danube Properties: the 1% payment plan, read carefully
The developer that made the monthly instalment its main product. How the 1% plan actually works, what it does not include, and what to verify before committing to sixty payments.
Where this project stands today
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Ask a question
Telegram is the fastest way — I answer personally.
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