$1.4 Billion Mina Project Announced by RAK Properties

RAK Properties has unveiled a $1.4 billion development plan that is set to change how people think about the real estate market within Ras Al Khaimah (RAK). 

The main focus of the plan is the massive Mina project. The Mina project is referred to as"the "future of Ras Al Khaimah." Its goal is to transform the coast of the Emirate into a luxurious place that people can reside, visit, or invest in.

The Mina Vision: A Seaside Dream

Mina, meaning "port" in Arabic, encompasses 4 million square meters of valuable waterfront land. The project is divided into three areas:

  1. Raha Island
  2. Hayat Island
  3. Lagoons

Each region aims to offer the residents a distinct lifestyle and adheres to a general lifestyle of luxury and sustainability. 

Mina's position in the Ras Al Khaimah coast puts it in close proximity to the most important money-making areas in the emirate which means that the residents are able to benefit from the RAK's increasing wealth. To buy a property in Dubai you can contact real estate agents In Dubai.

Mirasol: The First Jewel in Mina's Crown

RAK Properties showcased Mirasol which is the first project of the Mina development, which is an element of their 2025-launch schedule. Mirasol, located on Raha Island, aims to transform the way we view the concept of resort-style living. 

The project partners together with Spanish Chef Vicente Torres, who has received Michelin stars. He will create a restaurant inside the building.

Mirasol has two towers that have 339 units that are built around an open podium. Mirasol offers homes that range from apartments to studios and duplexes. 

The residents will be able to enjoy breathtaking views as well as quick access to Mina's attractions and other attractions. The most important amenities are:

  • The pool looks like an oasis, complete with sunken beds
  • A movie theatre with stars
  • A yoga studio is a space where you can practice yoga.
  • A safe place for kids to splash and play
  • A bar in which you can unwind

Construction has begun on Mirasol, and we plan to transfer keys by the first half of 2028.

A Center of High-End Living and Fun

Mina does more than just houses and provides a comprehensive view of the seaside lifestyle, which includes fun, food, and water-related activities. The development will include a number of principal points of interest:

Mina Yacht Club and Wharf

These two amenities are sure to bring excitement to the waterfront of Mina and make the most of the top sailing locations throughout the UAE. 

The facility will be able to accommodate the most luxurious motor yachts as well as sailboats, making Mina into a popular destination for boaters. It’s time to contact real estate agents In Dubai. 

Mina Boulevard

Mina Boulevard links the yacht club and wharf, aiming to become a thriving area for eating and shopping. The new social hub will alter Raha Island, with 137 shops covering 23,000 square meters of space that is rentable.

Beach Clubs and Fine Dining

To complement the homes, Mina will have a mixture of different places to go. Residents and visitors can enjoy beach clubs, luxurious restaurants and casual cafes all within walking distance.

Luxury Hospitality

Mina has two luxury hotels: the InterContinental Hotel Al Khaimah Mina Resort and Spa in addition to Mina's Anantara Mina Ras Al Khaimah Hotel. The two hotels set the standards for the high-end service that Mina is determined to offer.

RAK Properties has suggested that they are planning to announce alliances with luxury hotels of the world in the coming quarter. This will help Mina's standing as a top luxury destination within the UAE.

Sustainable and Connected Living

Mina's design philosophy is centered on being environmentally friendly, well-connected, and committed to the community. 

Mina offers a broad choice of luxurious homes, ranging from stylish waterside homes to luxury flats. Each property offers quick access to clean beaches and tranquil green spaces, showing how luxury living can be a part of the natural beauty of nature.

Important properties of Mina include the top-of-the-line Mina's NB Collection which sets the bar for extravagant lifestyles by the sea at Ras Al Khaimah.

Economic Impact and Future Prospects

Its $1.4 billion project in Mina is expected to exert an enormous impact on Ras Al Khaimah's economic growth. The Mina project hopes to create an exciting new center for high-end living in tourism, shopping, and other activities and will draw in cash from international and local investors to the Emirate.

RAK Properties is preparing for one of the busiest handovers of the year. 

Construction is a factor in every ongoing project. The increase in construction work will benefit the construction industry in the area and create numerous new jobs for the region.

Conclusion

The unveiling of Mina and the beginning of Mirasol are major steps in the direction of Ras Al Khaimah becoming a luxurious destination, just like its more well-known neighbors. 

RAK makes use of its natural beauty and is an excellent place to present itself as an excellent option for those who prefer a relaxed but high-end lifestyle throughout the UAE.

As the project is developed all eyes are on Ras Al Khaimah to see the way this massive plan plays out. Mina hopes to revolutionize the rules of living in coastal areas throughout the UAE. Mina combines high-end homes, luxurious facilities, and eco-friendly structures. 

This could help put Ras Al Khaimah on the map as a hotspot for tourism and real estate.

If Mina succeeds, it will alter the economy of the emirate. It may attract more builders and investors from all over the globe to see the things Ras Al Khaimah has to offer.