Ras Al Khaimah, UAE – Ras Al Khaimah-based RAK Properties has launched the second phase of Mirasol, a resort-style apartment community located on Raha Island within the premium Mina waterfront destination.
The latest phase introduces 280 new residential units across architecturally distinct buildings, reinforcing Mina’s position as one of Ras Al Khaimah’s fastest-growing lifestyle hubs.
Sameh Muhtadi, Chief Executive Officer of RAK Properties, said:
“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. This newest residential complex greatly complements Mina’s overall character while enhancing its appeal to clients from across the region and even further afield.”
Strong Demand Follows Phase One Sell-Out
The launch follows the successful sell-out of Phase I earlier this year, where buyers from both local and international markets snapped up apartments quickly. Analysts expect similar demand for RAK Properties Mirasol Phase II, with Ras Al Khaimah’s luxury real estate sector witnessing accelerating growth.
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Once complete, the development will feature three integrated communities, including two low-rise buildings, duplexes with harbour views, and exclusive access to Mina’s urban leisure, retail, and dining amenities.
Luxury Waterfront Amenities
The new phase offers a wide mix of units, starting with 389 sqft studios priced from AED 861,000, up to expansive 3,741 sqft three-bedroom penthouses.
Amenities include an Oasis Pool with Arabian Gulf views, a children’s splash play area, sunken lounge beds, and a juice bar focused on wellness. An open-air cinema, co-working spaces, and private residents’ lounges cater to modern lifestyle needs.
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Food and wellness offerings are also a highlight. A signature in-house restaurant by Michelin-starred Chef Vicente Torres, an indoor yoga studio, a fully equipped gym, sauna, steam rooms, and a shaded jogging track add to the development’s premium appeal.
Both phases of Mirasol are located a short walk from the Four Seasons Resort and Spa and Nikki Beach Resort, with the Anantara and InterContinental hotels also nearby. This proximity to high-end resorts enhances the value proposition of RAK Properties Mirasol Phase II, catering to residents seeking luxury waterfront living.
Indian Investor Perspective
For Indian investors, Ras Al Khaimah’s property market offers a compelling alternative to Dubai, with luxury projects like RAK Properties Mirasol Phase II delivering waterfront access at competitive prices.
Studios starting at AED 861,000 (~₹1.94 crore) provide entry into the UAE’s luxury segment at lower capital outlay compared to prime Dubai districts, while penthouses offer long-term appreciation potential. The emirate’s tourism-driven growth and freehold opportunities continue to attract Indian buyers seeking portfolio diversification across the UAE.
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