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Off-Plan — Mina Al Arab

RAK Nura

RAK Nura is the inaugural residence at the heart of Downtown Mina, marking the moment this waterfront island shifts from quiet retreat to a living, walkable urban district.

Starting from AED 800,000
Handover TBA
Payment Plan 60/40

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Direct from Developer 0% Commission
Escrow Protected Bank-secured funds
Remote Purchase Buy from anywhere
Tax-Free 0% property tax

Everything You Need to Know

Key details about RAK Nura at a glance — from pricing and unit types to handover timelines.

Starting Price
AED 800,000
$217,600
Unit Types
Studio – 4 BR
Multiple layouts available
Handover
TBA
TBA
Payment Plan
60/40
0% interest

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Flexible 60/40
Payment Structure

Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.

10%
Down PaymentOn Booking
From AED 800,000
50%
During ConstructionInstallments
Installments over construction
40%
On HandoverTBA
Upon key collection

Why This Payment Plan Works for Investors

RAK Nura 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.

0% interest throughout the payment period
Resell after 30% paid — earn capital gains pre-handover
Only 4% one-time fee to Land Department (no annual tax)
Funds held in escrow — fully protected by UAE law
Get Detailed Payment Schedule

Full Payment Schedule

Detailed breakdown based on starting price AED 800,000

Stage%Amount (AED)DescriptionMilestone
Down Payment10%AED 80,000Initial payment on bookingOn booking
Installment 110%AED 80,000Construction progress payment6 months
Installment 210%AED 80,000Construction progress payment12 months
Installment 310%AED 80,000Construction progress payment18 months
Installment 410%AED 80,000Construction progress payment24 months
Installment 510%AED 80,000Construction progress payment30 months
Handover Payment40%AED 320,000Final payment upon key collectionTBA
Total100%AED 800,000Full purchase price

* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.

Additional Fees

DLD Fee (Land Dept.)4% of purchase price
Admin Fee (Developer)AED 5,250
Service Charge (Annual)AED 14 / sq ft / year
Agent Commission0% — FREE
Annual Property Tax0% — None
Capital Gains Tax0% — None

Property Details

Building StructureReinforced concrete, G+20
Ownership100% Freehold
ResellAllowed after 30% paid
FurnitureUnfurnished (upgrade available)
Parking1 dedicated space per unit
CompletionTBA
Your Dedicated Advisor

Have Questions About
RAK Nura?

Hi, I'm LanaSenior Investment Advisor at Palmera. I've personally assisted dozens of investors with RAK Nura and know every unit, floor plan, and payment option inside out.

"RAK Nura is one of my top picks for investors. RAK Properties's quality is unmatched at this price point, and the Mina Al Arab location offers exceptional value. I'd love to walk you through the best available units and help you find the perfect fit for your investment goals."
Lana Lents
Lana Lev
Senior Investment Advisor
EnglishRussian

Unit Types & Pricing

Pick the configuration that fits your investment goals.

Studio Apartment

Bedrooms Studio
Bathrooms 1
Size 375 ft²
From AED 800,000
1 BR

1-Bedroom Apartment

Bedrooms 1
Bathrooms 1
From AED 1,240,000
2 BR

2-Bedroom Apartment

Bedrooms 2
Bathrooms 2
From AED 1,980,000
3 BR

3-Bedroom Apartment

Bedrooms 3
Bathrooms 3
From AED 3,470,000
4 BR

4-Bedroom Apartment

Bedrooms 4
Bathrooms 4
From AED 5,900,000

Prime Position in
Mina Al Arab

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.

Mina Al Arab Beach
5 minutes by car
Al Hamra Mall
15 minutes by car
RAK International Airport
25 minutes by car
Dubai International Airport
60 minutes by car

Resort-Style Living

Waterfront Promenade
Landscaped Courtyards
Boutique Retail Frontage
Swimming Pool
Fitness Gymnasium
Yoga And Meditation Deck

RAK Properties

Est. 2014 • Dubai, UAE

30+
Projects
5,000+
Units

The Emirate's Flagship Developer

Founded in 2005 under the patronage of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties is the emirate's leading master developer. Backed by AED 2 billion in capital and an IPO oversubscribed more than 57 times, the company has shaped many of the nation's most recognisable communities. Its portfolio spans mixed-use districts, retail, wellness resorts and luxury hotels, all built around contemporary design, environmental responsibility and people-first planning. RAK Properties is a long-standing, dependable partner for international investors seeking quality off-plan assets in Ras Al Khaimah.

View All Projects by RAK Properties

Why RAK Nura Is a Smart Investment

Ras Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.

Projected ROI

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.

Up to 58%

Wynn Casino 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.

2027

Tax-Free Investment

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.

0% Tax

$75B Development Pipeline

RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.

$75B

Frequently Asked Questions

Ras Al Khaimah levies no annual property tax and no income or capital-gains tax on your rental returns or resale profit. The main government cost is a one-time Dubai Land Department-equivalent registration fee of 4% of the purchase price, paid once at transfer, which keeps the overall cost of ownership notably low for overseas buyers.
RAK Nura is offered on a 60/40 structure. You begin with a 10% down payment to reserve your home, pay a further 50% in instalments across the construction period, and settle the remaining 40% on handover. This staged approach lets investors phase their capital over the build rather than committing the full amount upfront.
Yes. RAK Nura sits within a designated freehold zone, so international buyers acquire 100% ownership of the unit with no requirement for a local partner or sponsor. The title is registered in your name and can be sold, leased or passed on freely, giving foreign investors the same long-term security as UAE nationals.
All buyer payments flow into a government-regulated escrow account tied to the project, and funds are released to RAK Properties only as verified construction milestones are met. This oversight, combined with the developer's standing as the emirate's flagship builder, protects your capital throughout the off-plan period until handover.
A property valued at AED 2 million or more makes you eligible to apply for the UAE's ten-year renewable Golden Visa. Several of RAK Nura's larger layouts meet that threshold, allowing qualifying owners and their families to secure long-term residency alongside their real-estate investment.

Similar Projects in Mina Al Arab

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Limited Units Available

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RAK Nura

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Direct from Developer
0% Commission
Escrow Protected
Freehold Ownership
RAK Nura From AED 800,000

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