
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Nura launch basis | 1,449 | AED 1.30M | Current launch / asking basis |
| Mina Al Arab ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Mina Al Arab premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |






















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Mina Al Arab
Nura by RAK Properties
Located in Mina Al Arab
Starting from AED 1,304,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Jan 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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