Mina Al Arab, Ras Al Khaimah
Just 1 hour and 15 minutes drive from Downtown Dubai is the beautiful emirate: Ras Al Khaimah. Ras Al Khaimah is known as an oasis of tranquility, where Dubai locals go for vacations or weekend getaways. One of Ras Al Khaimah's hotspots is Mina Al Arab. This is a community owned by developer RAK Properties and is now mostly frequented by tourists.
General information
Mina Al Arab is a community of RAK Properties. Mina Al Arab is a thriving waterfront community located in Ras Al Khaimah. It combines beautiful natural surroundings with modern amenities and a vibrant lifestyle. With its breathtaking beaches, lush green parks and scenic waterways, Mina Al Arab offers an idyllic setting to live, work and relax. The developer has focused on creating an integrated community with an array of residential options, including luxury villas, modern apartments and beautiful townhouses. Residents can enjoy a wide range of amenities, including recreational clubs, sports facilities, shopping centers and restaurants. With its attractive mix of natural beauty and modern conveniences, Mina Al Arab is a sought-after destination for those looking for a coastal paradise to call home.
The community of Mina Al Arab consists of 2 islands and a large tract of land on the coast of Ras Al Khaimah. Mina Al Arab is a 20-minute drive from Al Marjan Island, the island where the casino resort is being built. There will also be a ferry that will transport tourists by water from Mina Al Arab to Al Marjan Island.
ROI and capital appreciation
Returns and value increases in Mina Al Arab are good but are expected to get much better in the near future. The villas and 2-bedroom apartments realize the best ROIs in this region. It is recommended to rent out the properties for short-term. The 2-bedroom apartments start at around €500,000 and the villas start at around €1,200,000.
Off-plan
New construction in this region increases in value by about 40% to 70% during the construction phase, which is often 3 years. The short-term rental net returns on the initial investment are between 6% and 10% net. After completion, the increase in value in this region is between 5% and 10% per year.
Ready built
Existing construction in this region is experiencing value appreciation between 5% and 10% per year. Short-term rental net returns on initial investment are between 4% and 8% per year for existing construction.
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