Mina – A Vision for the Future
RAK Properties, recognized as Ras Al Khaimah’s leading publicly listed property developer, is strategically positioned for robust growth in 2025, particularly with the latest developments regarding its flagship project, Mina. This premier island lifestyle destination spans an impressive 4 million square meters and is divided into three distinct districts: Raha Island, Hayat Island, and Lagoons. Mina is ideally located along the stunning coastline of Ras Al Khaimah, close to the Emirate’s key economic hubs.
The project is a central focus of a significant AED 5 billion Gross Development Value (GDV) pipeline scheduled for 2025. Mina embodies RAK Properties’ ambitious growth strategy, aimed at creating a vibrant hub that promotes authentic island living, sustainable development, enhanced connectivity, and a deep sense of community. The developments within Mina are set to redefine the lifestyle offerings in Ras Al Khaimah, making it a desirable destination for residents and investors alike.
The launch of Mirasol in 2025 marks an exciting addition to Mina, a visionary project in Ras Al Khaimah. Mirasol will feature a resort-inspired living concept and a restaurant developed in collaboration with renowned Spanish Michelin star chef Vicente Torres. Sameh Muhtadi, CEO of RAK Properties, expressed pride in unveiling Mina, emphasizing its focus on creating a thriving community with exceptional experiences and a design approach centered around people.
Mirasol is a significant part of RAK Properties’ ambitious AED 5 billion residential development pipeline for 2025. The project aims to enhance Mina’s offerings with new amenities, including a yacht club, wharf, marina boulevard, and multiple beach clubs. This active development strategy highlights RAK Properties’ commitment to transforming Ras Al Khaimah into a premier destination for hospitality and residential experiences in the UAE. The company looks forward to welcoming more customers to enjoy these exceptional offerings.
Mina is poised to become a premier destination that appeals to residents, tourists, and investors alike, thanks to its exciting new additions. Among these are the Mina Yacht Club and Mina Wharf, both designed to accommodate luxury motor yachts and sailboats. These amenities not only enhance Mina’s waterfront experience but also take full advantage of the exceptional sailing conditions that the UAE has to offer. Connecting these two features is Mina Boulevard, a vibrant and dynamic shopping and dining destination that is set to transform Raha Island into a bustling social hub. The development boasts a mix of community-focused and destination retail experiences, featuring 137 outlets that encompass a total of 23,000 square meters of net leasable area.
Mina aims to redefine coastal living by emphasizing sustainability, connectivity, and community. The development offers a diverse array of luxury residences, ranging from sophisticated waterfront villas to exclusive branded apartments, all conveniently located near pristine beaches and tranquil green spaces. Noteworthy properties include the ultra-luxurious NB Collection, alongside two operational luxury hotels — the InterContinental Ras Al Khaimah Mina Resort & Spa and Anantara Mina Ras Al Khaimah Resort. Further enhancing its hospitality offerings, RAK Properties is set to unveil major luxury hotel partnerships in the coming quarter.
In addition to its residential options, Mina features a carefully curated selection of lifestyle outlets. Residents and visitors can indulge in a variety of beach clubs, fine dining restaurants, and casual cafes, all within close proximity. These lively spaces are designed to nurture a sense of community while providing ample opportunities for relaxation and recreation.
At the heart of Mina’s vision is a commitment to sustainability. Every aspect of the development is designed with eco-consciousness in mind, including infrastructure that promotes a car-free lifestyle. Mina is dedicated to preserving its natural surroundings, which include protected mangrove forests, lush greenery, and the implementation of eco-friendly construction practices.
Mirasol marks the first venture by RAK Properties in its ambitious 2025 development pipeline. As construction progresses swiftly across all active projects, the company anticipates one of its busiest handover periods this year, laying a strong foundation for the future of luxury living in Mina. Experience the epitome of resort-style living at Mirasol, where luxury meets lifestyle in a breathtaking community designed for those who appreciate the finer things in life.
The masterplan for Mina represents a new chapter for investors looking for opportunities in Ras Al Khaimah’s growing real estate market. With options ranging from permanent residences to holiday homes and high-return investments, Mina is well-positioned to attract interest, bolstered by Ras Al Khaimah’s robust economy and strategic location.
To summarize, Mina Masterplan is expected to not only boost the local economy but also attract both residents and investors looking for quality living spaces in a prime location. With a focus on sustainability and community well-being, RAK Properties is positioning itself as a leader in the real estate market in the UAE. This development is poised to contribute significantly to Ras Al Khaimah’s growth, providing opportunities for both living and investment while enhancing the overall quality of life for its residents.