RAK Properties Launches Second Phase of Mirasol at Mina

Ras Al Khaimah, UAE – September 24, 2025: RAK Properties has announced the launch of the second phase of Mirasol, its resort-style residential development located in the heart of Mina, a flagship waterfront community that is reshaping the lifestyle and investment landscape of Ras Al Khaimah.

The launch marks another significant milestone in the ongoing expansion of Mina and Raha Island, reinforcing RAK Properties’ position as one of the UAE’s leading real estate developers.

Three Fully Integrated Communities

Upon completion, the second phase of Mirasol will feature three fully integrated residential communities designed to combine contemporary elegance with a resort-inspired environment. This phase includes two low-rise apartment buildings complemented by duplex residences that offer panoramic harbour views.

The development aims to create a vibrant community for residents and investors seeking luxury living by the water, with layouts and amenities designed to meet the needs of both families and individuals.

Unit Sizes and Pricing

Mirasol offers a wide range of residential units, from compact studios to expansive penthouses.

• Studios range from 389 sq ft to 524 sq ft, with prices starting at USD 234,000 (AED 861,000).
• Three-bedroom penthouses span up to 3,741 sq ft, providing large, open-plan spaces for premium waterfront living.

This variety ensures Mirasol appeals to a diverse audience, from first-time buyers and investors to families looking for larger, upscale homes.

Luxury Amenities for Resort-Style Living

The second phase of Mirasol focuses heavily on wellness and leisure, offering a range of premium amenities that enhance the overall lifestyle experience.

Highlights include:

• Oasis Pool with sweeping views of the Arabian Gulf.
• A children’s play area with splash pool, designed for family-friendly living.
• Sunken lounge beds for ultimate relaxation in a resort-inspired setting.

These features reflect RAK Properties’ commitment to delivering world-class facilities that go beyond the ordinary, positioning Mirasol as one of the most desirable addresses in Ras Al Khaimah.

CEO Statement on Growth and Vision

Speaking on the launch, Sameh Muhtadi, Chief Executive Officer of RAK Properties, emphasized the significance of this milestone for the company and its flagship development:

“The launch of phase two of Mirasol is yet another proud moment in the ongoing growth of our flagship Mina waterfront community and Raha Island. The dynamic story of Mina continues to be written, with Mirasol providing another level of style, design, and elegant contemporary luxury living to our diverse portfolio of products.”

His comments reflect RAK Properties’ broader vision of shaping Ras Al Khaimah’s evolving real estate landscape, which continues to attract local and international buyers looking for high-quality waterfront developments.

Strategic Importance of Mina and Raha Island

The Mina community and Raha Island are central to RAK Properties’ strategy of delivering large-scale, master-planned developments that elevate the emirate’s status as a world-class residential and tourism destination.

Mirasol’s growth comes at a time when Ras Al Khaimah is experiencing rising demand for waterfront properties, driven by infrastructure investment, population growth, and the emirate’s positioning as a hub for leisure and lifestyle living.

By integrating modern design, premium amenities, and natural waterfront beauty, the Mirasol project continues to redefine upscale living in Ras Al Khaimah.