RAK Properties Sells Out: RAK Properties, a leading real estate developer in Ras Al Khaimah, has successfully sold out the first phase of its newest project, Mirasol, highlighting the increasing demand for high-quality residences in the emirate.
Mirasol: A Prime Residential Destination
Mirasol is the first of several new communities set to launch within Mina in 2025, aligning with RAK Properties’ vision for growth and transformation. The project, which features 339 residential units, includes studios, apartments, and duplexes, scheduled for handover in the first half of 2028.
Unmatched Demand for Premium Residences
The overwhelming response to Mirasol reflects strong confidence in Ras Al Khaimah’s thriving real estate market. The unveiling event earlier this month saw remarkable interest from buyers, demonstrating the appeal of luxury waterfront living in the region.
According to Sameh Muhtadi, CEO of RAK Properties, the success of Mirasol underscores the appetite for premium residential offerings. “We are witnessing an increasing demand from buyers who want to be part of the Mina master plan – our flagship destination that will shape the future of Ras Al Khaimah’s real estate landscape.”
Muhtadi added that Mirasol is just the beginning, with more diverse residential options set to be introduced in the coming months to cater to investors and end-users alike.
Resort-Inspired Living in Mirasol
Mirasol offers a modern lifestyle with exclusive amenities, ensuring residents enjoy a blend of comfort and leisure. The two-tower community, anchored by a central podium, features:
- Oasis-style swimming pool with sunken beds
- Open-air cinema for entertainment
- Yoga studio promoting wellness
- Children’s play area and splash pool
- Lounge bar for socializing
- Fine dining restaurant curated by Michelin-starred chef Vicente Torres from Ibiza
The development is designed to redefine waterfront living, with an emphasis on luxury, relaxation, and premium services.
Future Outlook: A Promising Real Estate Market
As Ras Al Khaimah continues to emerge as a sought-after destination for both investors and residents, the demand for high-end properties like Mirasol is expected to rise. With its strategic location, world-class amenities, and strong investment potential, Mirasol is set to become one of the most desirable residential addresses in the UAE.
Key Takeaways
- RAK Properties sells out the first phase of Mirasol due to high demand.
- 339 units comprising studios, apartments, and duplexes with handover in 2028.
- Luxurious amenities include an oasis-style pool, open-air cinema, and yoga studio.
- Fine dining restaurant by Michelin-starred chef Vicente Torres.
- Ras Al Khaimah’s real estate market continues to grow, attracting investors.
RAK Properties sells out the first phase of Mirasol in Ras Al Khaimah, reflecting high demand for premium real estate. The luxury development offers studios, apartments, and duplexes with top-tier amenities and waterfront living. Learn more about this sought-after investment opportunity.