Nura — project image
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
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 56,268 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,236
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 599,840 / 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

10% down payment

Published payment summary

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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

Nura location map
Project location

Nearby Destinations

Mina Al Arab

Developer and Project Facts

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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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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