Nura
Off-Plan

Nura

From AED 1.30M·Handover Jan 2029·10% down payment Payment
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AED 1.30M
Starting Price
Jan 2029
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Nura is a residential development by RAK Properties, located in Downtown Mina, Mina Al Arab in Ras Al Khaimah. As the first residential address of the island’s new urban center, the project reflects Mina’s evolution into a modern waterfront destination with boulevards, boutiques, and landscaped pedestrian routes, blending urban energy with island-style living. The complex consists of two buildings. The first includes a ground level, two podium levels, and six residential floors, while the second features a ground level, two podium levels, and nineteen residential floors. The architecture is defined by light, expressive forms and balanced proportions, with residences overlooking the park, the sea, or the city skyline. The project offers studios, one- to three-bedroom apartments, and four-bedroom penthouses. Bright interiors, large windows, and well-planned layouts create a comfortable balance between privacy and open space. Residents enjoy a wide range of amenities, including landscaped and infinity pools, a fitness center and yoga studio, jogging tracks, children’s play areas, coworking spaces, a residents’ club, an open-air cinema, and barbecue and relaxation areas. Located in Mina Al Arab, Nura provides convenient connectivity, with Ras Al Khaimah International Airport around 15 minutes away and Dubai approximately 45 minutes away, while maintaining a relaxed coastal lifestyle.

Project Specifications
DeveloperRAK Properties
LocationMina Al Arab
Unit Types1 BR, 2 BR, Apartments
AreaMina Al Arab
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 56,268 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,236
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 84,760 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Nura launch basis1,449AED 1.30MCurrent launch / asking basis
Mina Al Arab ready-stock comps1,500AED 1.35MIndicative resale benchmark
Mina Al Arab premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from RAK Properties.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Nura — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Billiards
Cabanas
Children’s pool
Climbing Wall
Club house
Coworking zone
Dining outlets (coffee houses & restaurants)
Electric Vehicle Charger
Indoor Multipurpose Space
Infinity pool
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Lounge
Meeting Room
Mini Golf
Open air gym
Outdoor cinema
Paddle court
Pet Garden
Pool Deck
Recreational areas
Retail outlets
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Sitting Area
Skate Park
Smart home
Social zone
Table Tennis
Walking paths
Waterfall
Yoga studio

Location

Mina Al Arab

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Mina Al ArabMina Al ArabDubai, UAE

Developer Track Record

01

Nura by RAK Properties

02

Located in Mina Al Arab

03

Starting from AED 1,304,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Jan 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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