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Mirasol 2

Mina Al Arab, Ras Al Khaimah · RAK

Price from AED 1,688,000

Project facts

Developer
RAK
District
Mina Al Arab
Status
Under construction
Handover
Q3 2028
Price per m²
AED 19,261
Units
284
Floors
15
Project area
22,959 m²
Project type
Residential building
Ownership
Freehold
Escrow account
NATIONAL BANK OF RAS AL KHAIMAH (RAK BANK)
Service charge
161 AED per m² per year

Floor plans and prices

TypeAvailableAreaPrice
1 bedroom1074–120 m² (799+ sq ft)AED 1,688,000 – AED 2,423,000
2 bedrooms3101 m² (1,087+ sq ft)AED 2,581,000 – AED 2,632,000
3 bedrooms4202–348 m² (2,175+ sq ft)AED 6,852,000 – AED 12,386,000

Developer payment plan

  • 14%on booking
  • 10%during construction
  • 80%on handover
  • 14%on booking
  • 20%during construction
  • 70%on handover

On top of the price: municipal fee 4%

About the project

Mirasol 2 is a new residential project under construction in Mina Al Arab, Ras Al Khaimah, built by RAK Properties. It is the second phase of Mirasol, rising at the water's edge in North Harbour. Handover is planned for Q3 2028.

The Buildings

The project comprises two buildings. The taller one will rise to 15 floors, and residents will reach the shore directly behind the homes without a separate exit to the water. In total 284 apartments are planned, in a range of layouts from one to three bedrooms.

Apartments and Sizes

One bedroom apartments will measure from 74.22 m² to 120.26 m², with prices from 1,688,000 AED. Two bedroom apartments will range from 100.96 m² to 100.99 m², priced from 2,581,000 AED. Three bedroom apartments will run from 202.11 m² to 347.63 m², from 6,852,000 AED. The price per m² is 19,261 AED.

Ownership and Payments

All homes are freehold. A 14% payment is due on booking, with 10% during construction and 80% on handover; a second structure sets 14% on booking, 20% during construction and 70% on handover. Payments will go into an escrow account held at National Bank of Ras Al Khaimah. The annual service charge is 161.46 AED per m².

Amenities

By design the grounds will include a landscaped garden, a children's play area, a gym and a pool. The buildings will be guarded.

Location

Mina Al Arab sits in Ras Al Khaimah, and Ras Al Khaimah International Airport is 15 minutes away. The marina, the yacht club and the resorts of the coastline will be a few minutes from the buildings, and Mina Boulevard with its cafes and boutiques is a walk from home.

Amenities

  • Kids' play area
  • Landscaped garden
  • Gym
  • Pool
  • Security

Location

Mina Al Arab, Ras Al Khaimah. Open on the map

Questions and answers

How much does a home in Mirasol 2 cost?

Prices start from AED 1,688,000.

When is the handover of Mirasol 2?

The planned handover date is Q3 2028.

Who is the developer of Mirasol 2?

The project is developed by RAK.

What is the payment plan for Mirasol 2?

14% on booking · 10% during construction · 80% on handover · 14% on booking · 20% during construction · 70% on handover.

Where is Mirasol 2 located?

Mina Al Arab, Ras Al Khaimah.

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