SPECIALISTS IN RAK REAL ESTATE
AREA GUIDE
Mina Al Arab,
Ras Al Khaimah
RAK's luxury choice: lagoons, beaches and two islands, 15 minutes from the city, where RAK Properties is building its most expensive homes. Its developer now calls it Mina; the newest homes are on the islands, with Anantara on sale.
Karolina Dean, Managing Director & Co-Founder
Updated 8 October 2026
Developer's image: RAK Properties
AT A GLANCE
PRICE PER SQ FT
AED 890
apartments · AED 927 villas
ValuStrat, Q2 2026
RENT, 1-BED
AED 55,000
a year, from; the middle half asks up to AED 65,000
Property Finder, 30 Sep 2026
APARTMENT RENT CHANGE
+10.6%
in Mina Al Arab
CBRE, H1 2026
NEXT TO HAND OVER
Q4 2026
Porto Playa, then Quattro Del Mar and Edge in 2027
Our off-plan register, Oct 2026
THE AREA
Who Mina Al Arab suits, and who it doesn't
Facts first. Where we give our own view, we say so.
It suits
Buyers at the top of the market. Anantara Residences, 84 apartments and 19 villas on Hayat Island, is on sale (our off-plan register, 9 Oct 2026). Four Seasons and Armani have announced homes here too (Four Seasons, Feb 2025; GCC Business News, Jul 2025).
Buyers who want a modern home on the water. Our own view: the island schemes on Hayat and Raha are the most modern homes in any established community in RAK. Mina has 18 km of waterfront and private beaches (Four Seasons, Feb 2025).
People who want the city close. The city centre is about 15 minutes away and RAK International Airport about 30 (Property Finder, Oct 2026).
It doesn't suit
Buyers who want a branded home ready now. Anantara's homes are due in 2028, and Four Seasons and Armani have no launch date or price yet (our off-plan register, 9 Oct 2026).
People who want nightlife on the doorstep. Our own view: Mina is quieter than Al Marjan Island, where Wynn opens in September 2027.
Anyone who relies on buses. There are two bus stops, on Awafi Avenue and Sheikh Mohamed Bin Salem Road (Property Finder, Oct 2026).
What to watch
Where the top end is. The established villas and apartments average AED 890 and 927 per sq ft, below Al Marjan Island's AED 1,160 (ValuStrat, Q2 2026). The luxury is in the new island schemes, so compare like with like.
Villa rents. They fell 6.9% in the second quarter and are 0.6% lower than a year ago, while apartment rents rose 10.6% (CBRE, H1 2026).
New apartments. Ten schemes here hand over between 2026 and 2029 (our off-plan register, 9 Oct 2026). As they do, tenants will have more to choose from.
THE FOUR FIGURES
Mina Al Arab in four figures
The same four figures in every one of our area guides, each with its source and date. We update them every quarter; next in January 2027.
01
Price per sq ft
AED 890
per sq ft, apartments
AED 927
per sq ft, villas
ValuStrat, Q2 2026
In a year: apartments +2.3% and villas +3.0% (ValuStrat, Q2 2026). CBRE does not give a price figure for Mina Al Arab on its own.
02
Rent by bedrooms
Apartments
STUDIO
1 BED
2 BED
3 BED
28,000–40,000
55,000–65,000
80,000–110,000
115,000–150,000
Villas and townhouses
2 BED
3 BED
4 BED
5 BED
100,000–130,000
120,000–160,000
200,000–350,000
220,000–400,000
Yearly asking rents in AED, the middle half of homes listed. Property Finder, 30 September 2026. The same figures as our Renting in RAK page.
03
Rents over the year
APARTMENTS
+10.6%
CBRE, H1 2026
VILLAS AND TOWNHOUSES
−0.6%
CBRE, H1 2026
These are the figures for October 2026, and they will move. Ten schemes hand over here by 2029, and Wynn opens across the water on Al Marjan Island in September 2027. We update them every quarter.
For Ras Al Khaimah as a whole, REIDIN puts the gross yield on apartments at 2.99% (September 2026), and ValuStrat puts the average across apartments and villas at 5.3% (Q2 2026). Neither is a figure for this area. Ask us for further yield analysis.
Rents: CBRE, H1 2026, the change over the year to June 2026.
ASK US FOR FURTHER YIELD ANALYSIS: CONTACT → · WHAT IT COSTS TO OWN: COSTS AND YIELDS →
04
What hands over next
SCHEME
DEVELOPER
STATUS
HANDOVER
Ellington with RAK Properties
Sold out
Last quarter of 2026
RAK Properties
Selling
Second quarter of 2027
RAK Properties
Sold out
Second quarter of 2027
RAK Properties
Selling
First quarter of 2028
RAK Properties
Sold out
First quarter of 2028
RAK Properties
Selling
Second quarter of 2028
RAK Properties
Selling
Second quarter of 2028
The developer's own factsheet or release where it gives a date, otherwise Property Finder's project page, read 9 October 2026. Cape Hayat handed over in the third quarter of 2026. Handover dates often move.
EVERY SCHEME IN RAK: THE OFF-PLAN REGISTER →
WHAT'S BEING BUILT
Branded and waterfront homes on the islands
The top end of Mina is on its two islands: a scheme with a hotel brand, and the waterfront towers around it.
Developer's image: RAK Properties
Anantara Residences
BY RAK PROPERTIES WITH ANANTARA
84 apartments and 19 villas on Hayat Island, with Anantara's hotel services next door at the Anantara resort. Due in the second quarter of 2028 (our off-plan register, 9 Oct 2026).
SKAI
BY RAK PROPERTIES
Apartments on the water on Raha Island, from studios to three-bedroom penthouses. Due in the second quarter of 2028 (our off-plan register, 9 Oct 2026).
Announced, but not on sale yet: Four Seasons Private Residences, about 130 homes beside a new Four Seasons resort (Four Seasons, Feb 2025), and Armani Beach Residences on Raha Island, the first Armani-branded beach villas anywhere (GCC Business News, Jul 2025). Also on sale: ENTA Mina, Solera, Mirasol II and NURA (our off-plan register, 9 Oct 2026).
We name these to show the area, not to recommend them. Every scheme in Mina Al Arab, with its developer and handover date, is in our off-plan register.
Image: RAK Properties
LIVING HERE
What it's like to live here
WHAT'S HERE
Lagoons, beaches and waterfront walks, low-rise villas and townhouses, and two resorts: the InterContinental and the Anantara (Property Finder, Oct 2026). It covers 400 hectares (Four Seasons, Feb 2025).
WHAT'S PLANNED
On Raha Island, RAK Properties plans marinas, a members' beach and yacht club, beach clubs and a water taxi across Mina (RAK Properties, May 2024).
GETTING ABOUT
About 15 minutes to the city centre, 30 minutes to RAK International Airport and about 69 minutes to Dubai International Airport by car (Property Finder, Oct 2026).
DOGS
Mina Al Arab is one of RAK's dog-friendly communities (dubizzle, Sep 2026). Check with the landlord or the building before you sign.
FROM THE WATER
We take you out on the boat to see the islands and the new schemes from the sea, the view few buyers get before they choose.
QUESTIONS
Questions people ask about Mina Al Arab
What branded homes are there in Mina Al Arab?
Anantara Residences, on Hayat Island, is on sale and due in 2028. Four Seasons and Armani have announced homes here, but neither has a launch date or a price yet (our off-plan register, 9 Oct 2026). Tell us and we will let you know when sales open.
Can foreigners buy in Mina Al Arab?
Yes. Mina Al Arab is freehold, so you can own the home outright (Property Finder, Oct 2026).
How far is Mina Al Arab from the city?
About 15 minutes to the city centre and 30 minutes to RAK International Airport by car (Property Finder, Oct 2026).
What does a home rent for in Mina Al Arab?
One-bedroom apartments ask AED 55,000 to 65,000 a year, and three-bedroom villas AED 120,000 to 160,000 (Property Finder, 30 Sep 2026). Tell us what you need and we will send what is available within the hour.
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Every Monday, by email: what opened, what moved and what slipped in RAK that week, dated and sourced.
