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Explore renders, interiors, and the breathtaking coastal setting of Granada II.
Granada II at Mina Al Arab by RAK Properties offers a premium collection of 2 and 3-bedroom waterfront townhouses in Ras Al Khaimah.
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Key details about Granada II at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of Granada II.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
Granada II plan lets you secure a premium unit with a modest upfront payment. During construction, your property can appreciate significantly — and you can even resell after paying 30% to the developer.
Detailed breakdown based on starting price AED 2,300,000
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 10% | AED 230,000 | Initial payment on booking | On booking |
| Installment 1 | 10% | AED 230,000 | Construction progress payment | 6 months |
| Installment 2 | 10% | AED 230,000 | Construction progress payment | 12 months |
| Installment 3 | 10% | AED 230,000 | Construction progress payment | 18 months |
| Installment 4 | 10% | AED 230,000 | Construction progress payment | 24 months |
| Handover Payment | 50% | AED 1,150,000 | Final payment upon key collection | Q1 2031 |
| Total | 100% | AED 2,300,000 | Full purchase price | |
* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.
Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with Granada II and know every unit, floor plan, and payment option inside out.
Pick the configuration that fits your investment goals.
Mina Al Arab is one of the UAE's premier investment destinations. With the Wynn Resort casino opening nearby in 2027, this area is set for explosive growth in tourism and property values.
Est. 2014 • Dubai, UAE
RAK Properties is a distinguished real estate developer celebrated for turning visionary concepts into luxurious residential experiences. Established in 2005, the company has a strong reputation for creating innovative, high-quality living spaces that blend modern design with natural beauty.RAK Properties goes beyond traditional real estate by engaging in diverse investments, project management, and strategic partnerships, ensuring sustainable and comprehensive growth. Their commitment to excellence and meticulous attention to detail have positioned them as a leader in the industry, delivering projects that consistently exceed expectations and enhance the quality of life for their residents and stakeholders.
View All Projects by RAK PropertiesRas Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.
AI-based studies predict up to 58% return on investment over five years for premium Ras Al Khaimah properties, driven by the Wynn Resort effect.
The first casino resort in the UAE, opening on Al Marjan Island in spring 2027. Property values in RAK already rose 20-35% in 2024.
UAE offers 0% income tax, 0% property tax, and 0% capital gains tax. Pay only a one-time 4% registration fee to the Land Department.
RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.
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