Mirasol 2

What is Mirasol 2, and who is building it?

Mirasol 2 is a residential development by RAK Properties on Raha Island, within Mina Al Arab in Ras Al Khaimah. The supplied inventory categories cover apartments and duplexes. The developer describes a waterfront setting with direct marina access, but we would check what that access means for the particular building and whether any facilities carry separate charges.

The advertised entry price is AED 861,000, developer starting price, developer price list 2026-10-29. That is an entry point, not a quotation for every layout or view. We need a live availability sheet before attaching it to a particular home. The stated delivery target is Q4 2027, developer-stated handover, developer price list 2026-10-29. Handover dates can move; the sale agreement matters more than the headline timetable.

The amenity description includes an oasis pool, jogging track, outdoor cinema, gym, crèche, splash pool and park, yoga studio, reading garden, and sauna and steam rooms. These are developer descriptions rather than independently verified completed facilities. Ask which belong to this building, which are shared across the community, and when each is expected to open.

We would initially shortlist it for buyers who want an island-community home and can wait for delivery. It is less straightforward for someone needing immediate occupation or rental income to cover payments during construction.

What does registered data say about Mina Al Arab prices?

RAK has no open transaction registry; the Municipality publishes half-year totals. That limits what we can honestly say about registered prices within Mina Al Arab. Emirate-wide activity is useful context, but it does not establish a transaction median for Raha Island or a fair price for a particular Mirasol 2 unit.

The published total was AED 2.89 billion registered, RAK Municipality Lands and Properties Sector, H1 2026. Within that, sales accounted for AED 1.353bn across 1,274 deals, RAK Municipality Lands and Properties Sector, H1 2026. The broader total also includes mortgages and waivers, so it should not be presented as residential sales alone.

For local asking-price context, Mina Al Arab including Hayat Island recorded AED 1,354 per sq ft across 117 listings, Sofia Sands RAK Waterfront Pulse, 26 Oct 2026. These are advertised prices, not completed transactions. Different buildings, completion statuses and views sit within that sample. Without a confirmed area for the advertised starting unit, we cannot calculate its price per square foot or claim a discount.

The wider apartment market showed 6.5% annual price growth, Cavendish Maxwell, H1 2026. Against that, the forecast pipeline was about 13,800 homes by end-2028, Cavendish Maxwell, H1 2026. Future supply may compete for tenants and resale buyers. We would compare delivered homes and current competing launches, rather than extend historic growth into a promised outcome.

How does the payment plan work at the starting price?

The advertised structure is 50/50, developer payment plan, developer price list 2026-10-29: half during construction and half on handover. This describes the overall allocation. It does not disclose the booking amount, the individual construction instalments or their due dates. We would obtain the signed payment schedule before treating it as a cash-flow plan.

Table figures: developer price and payment milestones, developer price list 2026-10-29. The calculation is AED 861,000 × 50% = AED 430,500 at each stage. It covers the purchase price only, not a complete acquisition budget.

The important funding question is the final balance. Do not reserve on the assumption that a future lender will necessarily fund it. Ask a lender about your circumstances, the project's acceptability and the conditions applying at handover. Keep a fallback plan if finance arrives late or on different terms.

Separately, RAK Municipality service card ZL13 states a buyer transfer charge of 2% of market value on a completed sale, with a seller charge as well. Confirm the current rule and its application to this off-plan purchase with the Municipality; do not simply add it as a verified booking charge. Request an itemised schedule covering registration, administration, service-charge advances and utility deposits. Dubai's Oqood framework should not be assumed to apply in RAK.

Unit mix, sizes and prices: what is actually disclosed?

The supplied categories identify studios and homes with one, two and three bedrooms, across apartments and duplexes. The developer's descriptive material specifically refers to studio, one-bedroom and two-bedroom apartments and three-bedroom duplexes. It also mentions penthouses, but the supplied inventory fields do not establish a separately priced penthouse offering. We would confirm availability rather than treat that wording as a live listing.

No unit areas or layout-specific price schedule have been supplied. We cannot responsibly state a studio size, a duplex premium or an entry price for each bedroom category. Nor can we assume that the advertised starting price belongs to a studio without a current unit reference from the developer.

• Request the unit number, floor, orientation and exact saleable area.
• Separate internal accommodation from balconies and terraces when assessing usable space.
• Check the kitchen specification, storage, parking allocation and whether furnishings are included.
• For a duplex, inspect stair placement, bedroom separation and how much circulation space the layout uses.
• Ask for the view description in writing and examine surrounding development plots.

We would compare homes on total cost and usable layout, not the bedroom label alone. A larger terrace may suit an owner-occupier but still add to the area used to quote the price. The applicable service-charge basis also needs confirmation. Until those details are available, this is a project-level shortlist, not a unit-level value judgement.

Who does it suit, and what should you check before reserving?

Mirasol 2 may suit an owner-occupier planning ahead or an investor able to carry the home without immediate rent. Mina Al Arab is identified in the supplied RAK freehold information as a zone where non-UAE nationals can own property. Even so, we would verify the specific unit's title eligibility and ownership terms rather than rely solely on the community name.

Before paying, we would work through these checks:

1. Project registration: obtain the developer's project and registration references and verify them with RAK Municipality. No verified project registration number has been supplied here. Dubai REST is a Dubai check, not a substitute for the RAK authority.
2. Payment destination: request project escrow or other applicable protected-payment documentation. Confirm the authorised account and applicable safeguards with the Municipality before transferring funds.
3. Developer record: inspect completed RAK Properties projects where possible. Ask owners about handover quality, defect resolution, building management and ongoing charges.
4. Contract terms: have the reservation and sale documents reviewed for cancellation, late payment, assignment restrictions, delivery provisions and remedies if completion moves.
5. Ownership budget: obtain estimated service charges, maintenance responsibilities and all acquisition charges in writing. For investment use, test rent against competing completed homes and allow for vacancy and management costs.

We would proceed only once the selected home, funding schedule and legal checks align. Buyers deal directly with Sofia Sands Realty: direct, no agency fee on our own instructions. That does not remove developer, authority or other disclosed ownership costs.

Highlights

• The advertised entry price is AED 861,000, developer starting price, developer price list 2026-10-29; confirm the actual available unit.
• Half the purchase price falls due at handover, so the final balance needs a credible funding plan.
• RAK's registered totals do not establish a Mina Al Arab transaction median; local asking prices are a separate evidence set.
• Sizes, layout-level prices, service charges and verified project registration remain checks to complete before paying.

Payment plan

1. 1
   During Construction50% of total price (AED 430,500)
2. 2
   On Handover50% of total price (AED 430,500)

Developer payment plans are set per launch; we confirm the current schedule and any post-handover option in writing before you reserve.

Amenities

• Oasis Pool
• Jogging Track
• Sunken Beds
• Lounge & Juice Bar
• Outdoor Cinema
• State-Of-The-Art Gym
• Crèche, Splash Pool & Park
• Yoga Studio
• Reading Garden
• Sauna & Steam Rooms
• View All Amenities

Sources, dated

• developer price list, checked 2026-10-29
• RAK Municipality Lands and Properties Sector, H1 2026
• Cavendish Maxwell, H1 2026
• Sofia Sands RAK Waterfront Pulse, 26 Oct 2026