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.
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Key details about RAK Nura at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of RAK Nura.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
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.
Detailed breakdown based on starting price AED 800,000
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 10% | AED 80,000 | Initial payment on booking | On booking |
| Installment 1 | 10% | AED 80,000 | Construction progress payment | 6 months |
| Installment 2 | 10% | AED 80,000 | Construction progress payment | 12 months |
| Installment 3 | 10% | AED 80,000 | Construction progress payment | 18 months |
| Installment 4 | 10% | AED 80,000 | Construction progress payment | 24 months |
| Installment 5 | 10% | AED 80,000 | Construction progress payment | 30 months |
| Handover Payment | 40% | AED 320,000 | Final payment upon key collection | TBA |
| Total | 100% | AED 800,000 | 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 RAK Nura 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
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 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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