New Launch — Mina Al Arab

Solera Downtown Mina

Solera Downtown Mina introduces a sophisticated coastal lifestyle to Mina Al Arab, Ras Al Khaimah.

Starting from AED 1,217,000 ($331,024)
Handover Q1 2029
Payment Plan 35/65

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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 Solera Downtown Mina at a glance — from pricing and unit types to handover timelines.

Starting Price
AED 1,217,000
$331,024
Unit Types
Studio – 3 BR
Multiple layouts available
Handover
Q1 2029
Q1 2029
Payment Plan
35/65
0% interest

Watch the Solera Downtown Mina Video

Flexible 35/65
Payment Structure

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

10%
Down Payment — On Booking
From AED 1,217,000
25%
During Construction — Installments
Installments over construction
65%
On Handover — Q1 2029
Upon key collection

Why This Payment Plan Works for Investors

Solera Downtown Mina's 35/65 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 1,217,000

Stage%Amount (AED)DescriptionMilestone
Down Payment10%121,700Initial payment on bookingOn booking
Installment 18%101,417Construction progress payment6 months
Installment 28%101,417Construction progress payment12 months
Installment 38%101,417Construction progress payment18 months
Handover Payment65%791,050Final payment upon key collectionQ1 2029
Total100%1,217,000Full 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
CompletionQ1 2029
Your Dedicated Advisor

Have Questions About
Solera Downtown Mina?

Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with Solera Downtown Mina and know every unit, floor plan, and payment option inside out.

"Solera Downtown Mina 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
English • Russian

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.

Al Hamra Mall
10 minutes by car
Flamingo Beach
15 minutes by car
Rak Airport
25 minutes by car
Dubai Airport
50 minutes by car
Direct access
Wynn Resort & Casino
5 minutes by car
Al Hamra Mall
10 minutes by car
Dubai Int'l Airport
50 minutes by car

Resort-Style Living

Modern Coastal Homes
Smart Investment Appeal
Growing Waterfront Community
Functional Elegance
Everyday Convenience
Peaceful Yet Connected

RAK Properties

Est. 2014 • Dubai, UAE

30+
Projects
5,000+
Units

A Leading Developer in the UAE

RAK Properties is one of the leading real estate developers in Ras Al Khaimah, known for delivering innovative residential, commercial, and hospitality projects across the UAE. Since its inception in 2005, the company has played a key role in shaping the emirate’s skyline and lifestyle offerings. With a commitment to quality, sustainability, and customer satisfaction, RAK Properties has developed landmark communities like Mina Al Arab and Hayat Island.The company continues to focus on creating master-planned developments that integrate natural beauty with modern design, offering residents and investors exceptional living environments and strong long-term value in the region’s real estate market.

View All RAK Properties Projects

Why Solera Downtown Mina 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

When you purchase a property, you pay a one-time fee of 4% of its price to the Land Department. You do not pay any taxes on profits when you decide to sell the property. The entire return on the prope
Several payment options are available for purchasing a property in the project. You can pay in cash, use cryptocurrencies, credit cards, or make a bank transfer. In UAE, there is no limit on the amoun
Yes, definitely. When you purchase the property, you become the owner of the property and the land forever until you decide to sell it.
The funds you transfer to the construction company are held in an escrow account with bank support, ensuring the safety of investors' funds until the property is delivered. In UAE, there are strict go
No, there is no need. In UAE, there is a uniform property purchase contract for all construction companies, which cannot be changed.

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Limited Units Available

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Solera Downtown Mina

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Direct from Developer
0% Commission
Escrow Protected
Freehold Ownership

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