Mirasol 2 — project image
Off-Plan

Mirasol 2

From AED 1.69M·Handover Aug 2028·5% down payment Payment
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AED 1.69M
Starting Price
Aug 2028
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Mirasol 2 is a residential complex by RAK Properties, located in the North Harbour area of Mina, Ras Al Khaimah. The project embodies modern coastal living, combining elegant architecture, comfort, and proximity to the sea. The complex consists of two towers: the first includes a ground floor, mezzanine level, ten residential floors, and a roof, while the second features a ground floor, mezzanine level, fifteen residential floors, and a roof. The design of Mirasol 2 is inspired by the natural curves of the shoreline. Smooth terraces and panoramic windows create a sense of space and openness, offering picturesque sea views. Filled with natural light and fresh air, the project provides an atmosphere of calm and freedom. The development offers studios, 1–2 bedroom apartments, and 3-bedroom duplexes and penthouses. Interiors are crafted in light natural tones with wood and marble accents, adding warmth and refined elegance. Residents enjoy resort-style amenities, including a landscaped pool, fitness center, yoga studio, spa, children’s playground, and open-air cinema. A scenic promenade with green walkways and lounge areas enhances the relaxed coastal atmosphere. Located in North Harbour, Mina, the complex provides convenient access to key destinations: 15 minutes to Ras Al Khaimah International Airport, about an hour to Dubai, and walking distance to the marina and yacht club.

Project Specifications
DeveloperRAK Properties
LocationMina Al Arab
Unit Types1 BR, 2 BR, 3 BR, Apartments, Penthouse
AreaMina Al Arab
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 72,837 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,133
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 776,480 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from RAK Properties.

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Payment Structure

5% down payment

Published payment summary

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Amenities & Lifestyle

Beach Access
Cabanas
Cinema
Covered gym
Crossfit zone
Dining outlets (coffee houses & restaurants)
Indoor Yoga
Jogging tracks
Kids splash pad
Leisure areas
Lift
Lobby
Lounge
Outdoor cinema
Parking
Pool Deck
Pool Lounge
Private beach access
Recreational areas
Sauna
Shared Pool
Shared gym & fitness
Social zone
Steam
Sunken Seating
Walking paths
Yoga studio

Location

Mina Al Arab

Nearby Destinations

Mina Al Arab

Developer and Project Facts

01

Mirasol 2 by RAK Properties

02

Located in Mina Al Arab

03

Starting from AED 1,688,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Aug 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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