Ras Al Khaimah (RAK)’s real estate market, valued at AED 11.95B in 2024 (70% YoY growth), is emerging as a coastal living hub, driven by affordability (30–40% cheaper than Dubai’s AED 2.5M median), 100% foreign ownership, zero property tax, and Golden Visas (AED 2M+). In 2025, five key residential projects—Mirasol, JW Marriott Residences, Nobu Residences, Quattro Del Mar, and The Beach House—are redefining coastal living in Al Marjan Island and Mina Al Arab.
Offering apartments, villas, and penthouses (AED 530K–30M) with 7–9% ROI and 10–20% appreciation by 2028, these projects capitalize on tourism (1.3M visitors in 2024, targeting 3M by 2030), infrastructure like Etihad Rail (Q4 2025), and RAK Vision 2030’s focus on sustainable luxury.
With AED 1B in Q1–Q2 2025 sales and 85% absorption, they attract GCC, European, and South Asian buyers. This guide details each project’s coastal lifestyle features, payment options, and investment potential, backed by 2024–2025 data.
1. Mirasol
- Details: Located on Raha Island, Mina Al Arab, developed by RAK Properties, Mirasol offers 339 units (studios, apartments, duplexes; AED 762K–2.5M). Q1–Q2 2025 sales: AED 200M. Completion: Q2 2028.
- Connectivity: Near RAK International Airport (15 minutes) and E311 (45 minutes to Dubai). Etihad Rail (Q4 2025) links to Abu Dhabi (90 minutes).
- Coastal Lifestyle Features: Resort-inspired towers with lagoon views, yacht-inspired balconies, and a Michelin-star restaurant by Chef Vicente Torres. Includes beach access, pools, gyms, and a yacht club. Estidama-certified with sustainable designs and 50% green spaces.
- Payment Options: 40/60 plan (40% during construction, 60% post-handover), 10% down payment, 0% interest. Financing via Commercial Bank of Dubai.
- Investment Potential: 7–9% ROI (rentals AED 50K–150K/year), 12–15% appreciation by 2028 due to Mina Al Arab’s 4M sq.m. masterplan and tourism growth. Appeals to GCC/European investors (20% UK buyers). Risks: off-plan delays, mitigated by 85% absorption and RAK Properties’ track record. Ideal for affordable luxury investors.
2. JW Marriott Residences
- Details: Located on Al Marjan Island, developed by WOW Resorts, offering 1–3-bedroom apartments and duplexes (AED 2.9M–7M). Q1–Q2 2025 sales: AED 250M. Completion: Q4 2026.
- Connectivity: Near Al Marjan Island’s 23km waterfront (10 minutes to RAK city), E311 (45 minutes to Dubai), and RAK International Airport (20 minutes). Etihad Rail (Q4 2025) enhances access.
- Coastal Lifestyle Features: Fully furnished units (947–2,077 sq.ft.) with Gulf views, direct beach access, and 24/7 JW Marriott services (housekeeping, room service). Amenities include infinity pools, 7 F&B outlets, spa, and gym. Estidama-certified with smart home tech.
- Payment Options: 70/30 plan (70% during construction, 30% post-handover), 10% down payment, 0% interest. Financing via RAK banks.
- Investment Potential: 7–8% ROI (rentals AED 150K–300K/year), 15–20% appreciation by 2028 due to branded residences and Wynn Resort proximity (Q1 2027). Appeals to HNWIs (20% European buyers). Risks: premium pricing, mitigated by 90% occupancy in Al Marjan and 32% branded residence supply. Ideal for luxury coastal investors.
3. Nobu Residences
- Details: Located on Al Marjan Island, developed by H&H Development, offering 1–3-bedroom apartments and penthouses (AED 3.6M–10M). Q1–Q2 2025 sales: AED 200M. Completion: Q1 2027.
- Connectivity: Near Wynn Resort (5 minutes), E311 (45 minutes to Dubai), and RAK International Airport (20 minutes). Etihad Rail (Q4 2025) links to Sharjah (30 minutes).
- Coastal Lifestyle Features: Units (800–3,000 sq.ft.) with Gulf views, private beach access, and Nobu’s signature dining. Amenities include pools, spa, gym, and retail. Estidama-certified with eco-friendly materials.
- Payment Options: 70/30 plan, 10% down payment, 0% interest. Financing via RAK banks.
- Investment Potential: 7–8% ROI (rentals AED 200K–400K/year), 15–20% appreciation by 2028 due to Nobu’s global brand and tourism (1.3M visitors). Appeals to HNWIs (25% GCC buyers). Risks: high entry cost, mitigated by 85% absorption and 14% apartment price growth in 2024. Ideal for ultra-luxury investors.
4. Quattro Del Mar
- Details: Located in Mina Al Arab, developed by RAK Properties, offering seafront apartments and townhouses (AED 875K–3M). Q1–Q2 2025 sales: AED 200M. Completion: Q4 2026.
- Connectivity: Near Al Qawasim Corniche (5 minutes), E311 (45 minutes to Dubai), and RAK International Airport (15 minutes). Etihad Rail (Q4 2025) enhances access.
- Coastal Lifestyle Features: Units (600–2,500 sq.ft.) with sea views, private beaches, and resort-style amenities (pools, gyms, retail). Estidama-certified with 60% green spaces and smart home tech.
- Payment Options: 40/60 plan, 10% down payment, 0% interest. Financing via Commercial Bank of Dubai.
- Investment Potential: 7–9% ROI (rentals AED 60K–150K/year), 12–15% appreciation by 2028 due to affordability and Mina Al Arab’s appeal. Appeals to mid-income investors (20% South Asian buyers). Risks: competitive mid-market, mitigated by 85% absorption and 20% rental growth. Ideal for affordable coastal investors.
5. The Beach House
- Details: Located on Al Marjan Island, developed by Range Ras Al Khaimah, offering premium apartments (AED 2.25M–5M). Q1–Q2 2025 sales: AED 150M. Completion: Q1 2026.
- Connectivity: Near Wynn Resort (5 minutes), E311 (45 minutes to Dubai), and RAK International Airport (20 minutes). Etihad Rail (Q4 2025) links to Abu Dhabi (90 minutes).
- Coastal Lifestyle Features: Units (800–2,000 sq.ft.) with contemporary designs, private beach access, and laid-back beach vibes. Amenities include infinity pools, fitness centers, and retail. Estidama-certified with sustainable designs.
- Payment Options: 70/30 plan, 10% down payment, 0% interest. Financing via RAK banks.
- Investment Potential: 7–8% ROI (rentals AED 120K–250K/year), 12–15% appreciation by 2028 due to Al Marjan Island’s tourism boom and Wynn Resort synergy. Appeals to upscale buyers (20% GCC buyers). Risks: premium pricing, mitigated by 85% absorption and 18.5% apartment price growth in 2024. Ideal for luxury coastal lifestyle investors.
Market Trends and Outlook for 2025
- Yields and Appreciation: Projects offer 7–9% ROI (apartments at 7–9%, villas at 6–8%) and 10–20% appreciation by 2028, driven by AED 1B in Q1–Q2 2025 sales and 20% rental growth. Short-term rentals yield 8–12% due to tourism (1.3M visitors).
- Infrastructure Impact: Etihad Rail (Q4 2025) reduces travel times (e.g., RAK–Dubai to 45 minutes), boosting values by 10–15%. RAK International Airport expansion and Al Marjan Island’s 23km waterfront enhance appeal.
- Investor Drivers: Affordability (median AED 1.2M vs. Dubai’s AED 2.5M), 32% branded residence supply, and Wynn Resort (Q1 2027) attract 22% more foreign investment (AED 5.2B in 2024). Sustainability (Estidama-certified) drives 70% of demand.
- Risks: Oversupply (11,000 units by 2027) and off-plan delays (6–12 months) pose a 10% correction risk in H2 2025. Mitigated by 85% absorption, RAKEZ oversight, and escrow accounts. AML compliance (KYC) adds scrutiny.
- Regulatory Framework: RAKEZ ensures transparency with 2–4% registration fees (50% discounts at expos). Freehold zones allow inheritance rights. Escrow laws protect off-plan investments.
Investment Strategy
- Diversification: Combine Mirasol and Quattro Del Mar for affordable coastal rentals, JW Marriott and Nobu Residences for luxury branded investments, and The Beach House for premium lifestyle returns.
- Entry Points: Off-plan apartments (AED 530K–1.5M in Mirasol, Quattro Del Mar) offer 12–15% gains by 2026–2027. Ready villas (AED 5.5M–30M in JW Marriott, Nobu) suit immediate rental income seekers.
- Process: Verify freehold status via RAKEZ or RERA. Pay 2–4% registration fees and secure No Objection Certificate (NOC). Use RERA-registered agents and platforms like Property Finder or Bayut. Required documents: passport copy, proof of income, no UAE visa needed. Documents must be translated into Arabic and legalized if in another language.
Conclusion
In 2025, Mirasol, JW Marriott Residences, Nobu Residences, Quattro Del Mar, and The Beach House are shaping RAK’s coastal living landscape, offering AED 530K–30M properties with 7–9% ROI and 10–20% appreciation by 2028. Backed by AED 11.95B in 2024 transactions, infrastructure like Etihad Rail, and RAK Vision 2030, these projects attract GCC, European, and South Asian investors.
Despite a 10% correction risk, 85% absorption and RAKEZ oversight ensure stability. Explore opportunities via Property Finder, Bayut, or developers like RAK Properties and WOW Resorts to capitalize on RAK’s coastal real estate boom in 2025. Residential Projects
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