Mina Al Arab: the community, the prices and what is ready
Mina Al Arab is RAK Properties' waterfront masterplan on the southern coast of Ras Al Khaimah: natural islands, three operating hotels, and the two islands, Hayat Island and Raha, where the newer towers stand. Asking prices had a median of AED 1,354 per square foot on 26 Oct 2026, about 42% below Al Marjan Island. Our ready stock here: one full floor of Bay Views and two one-bedrooms at Bay Residences.
Key facts
| Item | Detail | Source |
|---|---|---|
| What it is | A master-planned waterfront community on the southern coast of Ras Al Khaimah, built across natural islands and the mainland shore. Hayat Island and Raha Island are part of it. | RAK Properties roster, 14 Sep 2026 |
| Master developer | RAK Properties PJSC | RAK Properties |
| Operating hotels | Anantara Ras Al Khaimah Resort; InterContinental Ras Al Khaimah Resort & Spa; Jannah Hotel Ras Al Khaimah | RAK Properties hospitality page, 14 Sep 2026 |
| Announced hotels, no date | Nikki Beach Resort & Spa (Mina Al Arab); Staybridge Suites Mina Al Arab (Hayat Island), both "Coming Soon" | RAK Properties hospitality page, 14 Sep 2026 |
| Road access | Sheikh Mohammed Bin Salem Road (E11); Al Jazirah Al Hamra 8 minutes; RAK International Airport about 30 minutes | Bayut area guide, 14 Sep 2026 |
| Medical | American Medical Centre inside the community; Al Jazeera Medical Clinic and Sheikh Khalifa Specialty Hospital 10–15 minutes | Bayut area guide, 14 Sep 2026 |
| Asking price today | Median AED 1,354/sqft; median asking price AED 1,300,000 across 117 listings | RAK Waterfront Pulse, 26 Oct 2026 |
| Calendar-2025 average | AED 1,171/sqft, up 4.61% on 2024 | Bayut annual report, 21 Jan 2026 |
| Our ready stock | Bay Views floor 9 (Hayat Island), AED 16,200,000 as one lot; Bay Residences units 1001 and 1101, AED 1,191,000 each | Sofia Sands price list, 23 Oct 2026 |
What is built here
Mina Al Arab is the older, mostly low-rise part of the RAK Properties estate, built along a sequence of natural islands joined by boardwalks. The newer towers are concentrated on Hayat Island and Raha Island inside it. RAK Properties' roster, fetched 14 September 2026, lists on Hayat Island: Cape Hayat, Quattro Del Mar, Beach House and Enta Mina (For Sale); Bayviews, Bay Residences, Porto Playa, Marbella II Villas and Gateway II Residences (Sold Out); Marbella I Villas (Completed). On Raha Island: Mirasol, Mirasol II and Skai (For Sale); Edge (Sold Out); Gateway I Residences and Bermuda Villas (Completed).
Two cautions. "Sold Out" is the developer's sales label and says nothing about whether keys have been handed over. And the developer's own Bay Residences page still read "Under development, Q4 2025" on the day its roster called the project Sold Out; our two units there are complete, which we know because we hold them, not because of either label.
The hospitality page on the same date lists Anantara Ras Al Khaimah Resort, InterContinental Ras Al Khaimah Resort & Spa and Jannah Hotel Ras Al Khaimah as operating, and Nikki Beach Resort & Spa and Staybridge Suites Mina Al Arab as "Coming Soon" with no date. We count three hotels, not five.
Prices today
| Community | Listings sampled | Median asking AED/sqft | Median asking price | AED/sqft range |
|---|---|---|---|---|
| Mina Al Arab (includes Hayat Island) | 117 | AED 1,354 | AED 1,300,000 | 782–2,884 |
| Al Marjan Island | 169 | AED 2,353 | AED 2,050,000 | 720–6,575 |
| Al Hamra Village | 92 | AED 1,066 | AED 1,525,000 | 652–2,836 |
| All Ras Al Khaimah sampled | 405 | AED 1,460 | AED 1,600,000 | 350–6,575 |
Sofia Sands RAK Waterfront Pulse, 26 Oct 2026: a deduplicated sample of 405 Property Finder sale listings across Ras Al Khaimah. These are asking prices on listings, not registered sales. Ras Al Khaimah publishes no open transaction registry, so no RAK page on this site quotes a registered price per square foot.
| Measure | Figure | Source and period |
|---|---|---|
| Apartment sale price, average | AED 1,171/sqft, +4.61% y/y | Bayut RAK Annual Market Report 2025, published 21 Jan 2026; calendar 2025 |
| One-bedroom, average sale | AED 1,245,000 | Bayut, calendar 2025 |
| Two-bedroom, average sale | AED 1,938,000 | Bayut, calendar 2025 |
| Three-bedroom, average sale | AED 2,954,000 | Bayut, calendar 2025 |
| Studio / one-bed / two-bed, average annual rent | AED 30,000 / 60,000 / 93,000 | Bayut, calendar 2025 |
| Hayat Island one-bed / two-bed asking rent | AED 45,000–70,000 / 85,000–110,000 | Bayut rental listings, fetched 14 Sep 2026; asks, not agreed rents |
| Median listed sale price | AED 1.81M across 2,808 listings | Property Finder area insights, fetched 14 Sep 2026 |
| RAK ready apartments, average (emirate-wide) | AED 1,219/sqft; rent AED 65.14/sqft a year | The National, 3 Aug 2026, citing Property Monitor, Q1 2026 |
Read the three measures separately: the Pulse is this week's asking prices, Bayut is last year's completed-sale averages, Property Finder is a listing median with no date. None is a registered price per square foot, because Ras Al Khaimah publishes no open transaction registry.
Who it suits
A rental market that already exists
Bayut's calendar-2025 averages give Mina Al Arab a one-bedroom rent of AED 60,000 against an average sale price of AED 1,245,000, about 4.8% gross before service charges; the figures are a year old, and we quote them as history rather than a forecast.
Bay Views, Hayat Island
Twelve handed-over residences on floor 9, AED 16,200,000 as one transaction, about 4.4% gross on sourced rents. The only full floor of a completed waterfront tower on our desk.
Bay Residences, Building 3
Units 1001 and 1101, 828 sqft one-bedrooms, AED 1,191,000 each, complete. A different building from Bay Views, in the same community.
Casino-adjacent speculation
Mina Al Arab is 12–15 minutes from Al Marjan Island, not on it. Buyers who want frontage on the Wynn resort itself should read the Al Marjan Island page, where we also say what we could not verify.
Our stock in Mina Al Arab
Bay Views is a RAK Properties tower on Hayat Island. The building is handed over; Property Finder's project page records completion on 31 August 2026. Our allocation is the whole of floor 9 and it is sold only as one lot: individual residences are not offered and no per-unit price is published. The lobby sits on floor 9. An eight-storey V-shaped building stands in front of the tower, and from floor 5 upward the sea view is unobstructed, so floor 9 clears it on both sides.
Buyers with a single-apartment budget are shown a different building in the same community: Bay Residences, Building 3, Mina Al Arab, where units 1001 and 1101 are complete one-bedrooms of 828 sqft at AED 1,191,000 each. Bay Residences is not Bay Views.
Agents and brokers who introduce the buyer are paid 10% direct, in full, with no split. The floor also clears the AED 2,000,000 property threshold for a UAE Golden Visa; we are brokers, not a visa agent, and applications go through the UAE authorities.
Full figures: the Bay Views page and the Bay Views fact sheet.
Getting there
| Destination | Time | Source |
|---|---|---|
| Wynn Al Marjan Island, Al Marjan Island | 12–15 min drive | Our own measurement. The resort opens in September 2027 (Wynn Resorts, SEC filing, 4 August 2026); it is not open today. |
| Al Jazirah Al Hamra | 8 min | Bayut Mina Al Arab area guide, fetched 14 September 2026 |
| Al Jazeera Medical Clinic; Sheikh Khalifa Specialty Hospital | 10–15 min | Bayut Mina Al Arab area guide, fetched 14 September 2026 |
| RAK International Airport | about 30 min | Bayut Mina Al Arab area guide, fetched 14 September 2026 |
| Dubai | not quoted | We have not verified a published drive time from Hayat Island to Dubai, so we do not state one. |
Inside Mina Al Arab the same guide names the American Medical Centre, three nurseries (Chubby Cheeks, Little Treasure, KidZone) and Al Jazeera Al Hamra Boys' School about five minutes south. Those are the guide's figures, not our measurements.
The Ras Al Khaimah market behind the price
The emirate-wide numbers behind any Mina Al Arab decision, each dated: the Lands and Properties Sector of Ras Al Khaimah Municipality recorded AED 2.89 billion of registered activity in the first half of 2026, of which AED 1.353 billion was 1,274 sales, AED 1.16 billion was 463 mortgages and AED 380 million was 348 transfers without consideration (reported by Economy Middle East, 12 August 2026). Cavendish Maxwell's first-half 2026 research put apartment sale prices up 6.5% year on year but down 0.7% on the quarter, and rents up 7% year on year but down 1.4% on the quarter. The same research counts about 600 homes delivered in the first half of 2026, 1,600 due in the second half, 4,700 in 2027 and 7,500 in 2028, with a pipeline of about 25,600 units to 2030, 97% of them apartments. Off-plan made up about 85% of residential sales in 2025.
That is the reason this site separates ready homes from launches: the 2027–2028 delivery wave lands on off-plan buyers, not on an owner who already holds keys. The full series is in RAK property market trends 2026.
Ask about Mina Al Arab
Tell us what the money has to do. We reply with the units that do it, with the price, the rent and the service charge in writing.
FAQ
Where is Mina Al Arab?
Mina Al Arab is a master-planned waterfront community by RAK Properties on the southern coast of Ras Al Khaimah, UAE, reached from Sheikh Mohammed Bin Salem Road (E11), about 8 minutes from Al Jazirah Al Hamra and about 30 minutes from RAK International Airport according to Bayut's area guide.
Is Hayat Island part of Mina Al Arab?
Yes: Hayat Island and the neighbouring Raha Island are islands inside the Mina Al Arab masterplan, and most of the community's newer towers, including Bay Views, stand on them.
What do apartments in Mina Al Arab cost?
On 26 Oct 2026 the Sofia Sands RAK Waterfront Pulse recorded a median asking price of AED 1,354 per square foot and a median asking price of AED 1,300,000 across 117 listings, while Bayut's annual report put the calendar-2025 average at AED 1,171 per square foot, with one-bedrooms averaging AED 1,245,000 and two-bedrooms AED 1,938,000.
What do apartments in Mina Al Arab rent for?
Bayut's Ras Al Khaimah Annual Market Report 2025 gives calendar-2025 average rents of AED 30,000 for a studio, AED 60,000 for a one-bedroom and AED 93,000 for a two-bedroom, and Hayat Island listings on 14 September 2026 asked AED 45,000 to 70,000 for one-bedrooms and AED 85,000 to 110,000 for two-bedrooms.
Which hotels are open in Mina Al Arab?
RAK Properties' hospitality page, fetched 14 September 2026, lists Anantara Ras Al Khaimah Resort, InterContinental Ras Al Khaimah Resort & Spa and Jannah Hotel Ras Al Khaimah as operating, with Nikki Beach Resort & Spa and Staybridge Suites Mina Al Arab marked Coming Soon without a date.
How far is Mina Al Arab from the Wynn resort?
Wynn Al Marjan Island is on Al Marjan Island, a separate island about 12 to 15 minutes by car from Hayat Island in Mina Al Arab by our own measurement, and it opens in September 2027 according to Wynn Resorts' 4 August 2026 SEC filing; it is not open today.
What does Sofia Sands Realty sell in Mina Al Arab?
One full floor of Bay Views on Hayat Island, twelve handed-over residences totalling 9,364 square feet for AED 16,200,000 as a single transaction, and two complete 828-square-foot one-bedrooms at Bay Residences, Building 3, units 1001 and 1101, at AED 1,191,000 each.