Mina Al Arab is RAK Properties' 2.9 km waterfront master development that contains Hayat Island and Raha Island. Dubai Islands: Registered under the Palm Deira district name at DLD. Below, our weekly RAK asking-price index sits next to Dubai Land Department registered sales for Dubai Islands, so the two sides are never confused.
RAK index 2026-10-26 · Dubai registrations to 26 October 2026 · page rebuilt 27 October 2026
| Mina Al Arab | Dubai Islands | |
|---|---|---|
| Measure | Asking prices, PropertyFinder sample | Registered sales, Dubai Land Department |
| Sample | 117 listings, 2026-10-26 | 455 sales, last 90 days |
| Median AED/sqft | AED 1,354 | AED 2,567 |
| Range AED/sqft | AED 782 to AED 2,884 | AED 818 to AED 4,552 |
| Median price | AED 1,300,000 | AED 2,700,000 |
| AED 1.6M buys about | 1,182 sqft | 623 sqft |
| Catalyst | Wynn Al Marjan Island, September 2027 | Established, liquid resale market |
Asking prices overstate what sells; registered prices are what was paid. Keep that in mind when reading the gap. Medians, not averages.
| Type | Sales | Median AED/sqft | Median price |
|---|---|---|---|
| Studio | 10 | AED 3,099 | AED 1,058,000 |
| 1 B/R | 217 | AED 2,635 | AED 2,191,468 |
| 2 B/R | 153 | AED 2,365 | AED 3,255,500 |
| 3 B/R | 61 | AED 2,318 | AED 4,145,787 |
| 4 B/R | 12 | AED 2,646 | AED 9,127,926 |
Ras Al Khaimah registered AED 2.89 billion of property transactions in the first half of 2026 (RAK Municipality via Economy Middle East, 12 August 2026). Cavendish Maxwell put RAK apartment prices up 6.5% year on year in H1 2026, with rents up 7%. Our index samples 405 live sale listings every week across Al Marjan Island, Mina Al Arab and Al Hamra; the RAK-wide median asking price is AED 1,460/sqft.
On Hayat Island we hold Bay Views: one full floor of 12 handed-over residences (3 studios, 6 one-bedrooms, 3 two-bedrooms, 9,364 sqft) sold as a single lot at AED 16,200,000, AED 1,730 per square foot, full payment, 10% direct commission. Two ready one-bedrooms at Bay Residences next door are AED 1,191,000 each. Facts: /facts/bay-views.
Read more: Mina Al Arab · Dubai Islands registered sales, every deal · RAK Waterfront Pulse · RAK market trends 2026 · Al Marjan Island vs Dubai Marina
Al Marjan Island vs Palm Jumeirah · Al Marjan Island vs Dubai Harbour · Al Marjan Island vs Bluewaters Island · Hayat Island, Mina Al Arab vs Dubai Creek Harbour · Mina Al Arab vs Jumeirah Beach Residence (JBR) · Al Hamra Village vs Dubai Hills Estate · Al Marjan Island vs Dubai Marina · Hayat Island vs Palm Jumeirah
Yes on today's numbers: Mina Al Arab asking prices sit at a median AED 1,354/sqft (2026-10-26, n=117), against a registered median of AED 2,567/sqft in Dubai Islands over the last 90 days (Dubai Land Department, n=455), a gap of 47%. Asking and registered prices are different measures; registered prices usually come in below asking.
At the current medians, about 1,182 sqft in Mina Al Arab (asking) against about 623 sqft in Dubai Islands (registered). AED 1,600,000 is the median asking price across our whole RAK sample of 405 listings.
Dubai Islands recorded 157 registered residential sales in the 30 days to 27 October 2026 at a median AED 2,573/sqft, -5.6% against the previous 30 days.
September 2027, per Wynn Resorts' 8-K filing of 4 August 2026. Mina Al Arab is 12 to 15 minutes by road from the Wynn site (our measurement).
Our RAK Waterfront Pulse: PropertyFinder RAK sale listings (asking prices, deduped sample of 405) — RAK publishes no open transaction registry; this is an asking-price index and says so. Ras Al Khaimah publishes no open transaction registry, so RAK figures are asking prices and are labelled as such; Dubai figures are transactions registered with the Dubai Land Department.
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