Solera Downtown Mina
Off-Plan

Solera Downtown Mina

From AED 1.23M·Handover Apr 2028·5% down payment Payment
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AED 1.23M
Starting Price
Apr 2028
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Solera Downtown Mina is a premium residential complex by RAK Properties, located in the heart of Mina Al Arab, Ras Al Khaimah. The project includes two buildings: one with a ground level, podium, and eighteen residential floors; the other with a ground level, podium, and five residential floors. Wave-shaped balconies reflect the dynamic coastal vibe, creating a striking play of light and shadow. Solera blends urban elegance with the serenity of seaside living. The development offers 1–3 bedroom apartments and spacious 4-bedroom penthouses. Interiors feature a minimalist design with a soft, natural color palette that emphasizes comfort and aesthetics. Panoramic windows provide views of greenery and water, while smart layouts offer space and privacy. Residents enjoy a wide range of amenities: a stylish lobby, infinity pool, jacuzzi, kids pool, and a private rooftop yoga terrace. Green boulevards, walking paths, and cycling tracks create a harmonious and connected environment. Nearby are cafes, boutiques, creative spaces, and a marina with leisure boats. Conveniently located near Sheikh Mohammed Bin Salem Road, the complex provides fast access to key destinations. Ras Al Khaimah International Airport is just 15 minutes away. With its beachside location and urban connectivity, Solera Downtown Mina is ideal for those seeking a refined yet relaxed lifestyle.

Project Specifications
DeveloperRAK Properties
LocationMina Al Arab
Unit Types1 BR, 2 BR, 3 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 52,945 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,454
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 79,755 / 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
Solera Downtown Mina launch basis1,363AED 1.23MCurrent 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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Solera Downtown Mina official render 1

Solera Downtown Mina official render 1

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Solera Downtown Mina official render 2

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Solera Downtown Mina official render 3

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Solera Downtown Mina official render 9

Solera Downtown Mina official render 10

Solera Downtown Mina official render 10

Astraterra Properties

Official Documents

Download official marketing materials from RAK Properties.

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Payment Structure

5% down payment

Flexible Payment

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Floor Plans

Solera Downtown Mina — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Bar
Basketball court
Bike path
Children’s pool
Conference room
Covered gym
Coworking zone
Dog walking area
Green Lawn (Dog Park)
Infinity pool
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped garden
Lift
Lobby
Open air gym
Parking
Retail outlets
Shared Jacuzzi
Shared Pool
Shared gym
Skate Park
Walking paths
Yoga Area

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

Solera Downtown Mina by RAK Properties

02

Located in Mina Al Arab

03

Starting from AED 1,227,000

04

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

05

Expected handover: Apr 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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