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Off Plan Property by RAK Properties: The 2026 Investor Guide to Mina Al Arab, Hayat Island & Every Project

Off Plan Property · Ras Al Khaimah · 2026

Off Plan Property by RAK Properties: The 2026 Investor Guide to Mina Al Arab, Hayat Island & Every Project

Updated: June 2026 Read: 10 min Developer: RAK Properties PJSC By: First Stone Real Estate
12–15%
Est. annual price growth
6–8%
Prime rental yields
2027
Wynn Al Marjan opens
3M+
Target tourists by 2030

Key takeaways

  • RAK Properties is the publicly listed master developer of Ras Al Khaimah, founded in 2005 — its off plan property sits inside the emirate's flagship waterfront communities.
  • Everything centres on Mina Al Arab, with two islands: Hayat Island (Quattro Del Mar, Bayviews, Nasim Lofts, NB Collection) and Raha Island (Skai, Mirasol).
  • Entry prices start near AED 670,000 for studios and climb to AED 18M+ for NB Collection beachfront villas.
  • Flexible and post-handover payment plans (40/60, 10/30/60, 5/25/10/60) keep upfront cash low.
  • The Wynn Al Marjan Island resort (2027) and a tourism surge are the engines behind RAK's price growth.

Searching for off plan property in Ras Al Khaimah almost always leads to one name: RAK Properties. As the emirate's leading listed master developer, it has shaped the entire coastline most investors are now chasing. This guide is the practical version — who RAK Properties is, why the timing matters in 2026, and every active off plan community with starting prices, payment plans and handover dates, organised the way the developer actually builds: by island. Explore the full developer page on First Stone's RAK Properties hub.

Who is RAK Properties?

Quick answer RAK Properties is the publicly listed (PJSC) master developer of Ras Al Khaimah, founded in 2005 with the backing of the RAK government. It builds integrated waterfront destinations — most notably Mina Al Arab and its Hayat and Raha islands — that combine homes, hotels, marinas, beaches and retail.

The distinction matters. RAK Properties does not just build towers; it plans whole communities, which means roads, beaches, schools, hospitality and retail are delivered alongside the homes. For an off plan buyer, that infrastructure-led approach is what turns a render into long-term value. Browse live RAK projects or compare the wider field on the developers hub.

Why off plan property in RAK is moving fast in 2026

Quick answer Ras Al Khaimah is in a rare growth window. Values have risen an estimated 12–15% year on year, prime yields run about 6–8%, and the Wynn Al Marjan Island resort — the Gulf's first integrated gaming resort — opens in 2027. RAK targets over three million tourists by 2030, pushing residential and rental demand sharply higher.

On Hayat Island specifically, quarterly data has shown rents climbing in the mid-teens year on year and price per square foot rising double digits — exactly the early-mover dynamic off plan investors look for. Entry prices remain well below comparable Dubai and Abu Dhabi waterfront stock, so the gap between today's launch price and tomorrow's completed value is still wide. To model a purchase, use the mortgage calculator.

Every RAK Properties off plan project, by community

Use the tabs to move between communities. Figures are indicative 2026 starting prices and change with availability, unit type, floor and view — confirm the live price list with our team before reserving.

Hayat Island is the heart of Mina Al Arab — a resort island wrapped in canals, beaches and a marina, and home to RAK Properties' widest off plan range, from entry-level studios to ultra-prime villas.

Quattro Del Mar Off-plan

Canal-front apartments, duplexes and townhouses with a beach club, lagoon yacht club, spa, cinema and mini-golf. A flexible post-handover option lets you pay 40% over two years after completion. See related RAK Properties projects.

From AED 835KStudio–3 bed +TH60/40 + post-HOHandover Q4 2026

Bayviews Off-plan

One of the most affordable beachfront-community launches in the UAE — compact, well-planned studios and one-to-two-bed apartments with sea and lagoon views.

From AED 670KStudio–2 bed10/30/60 planHandover Q3 2028

Enta Mina Residences Off-plan

A newer Hayat Island launch of studios to two-bed apartments, positioned for early-entry investors ahead of the Wynn handover window.

From AED 896KStudio–2 bedHandover 2028

NB Collection Selling fast

RAK Properties' ultra-luxury statement — limited beachfront villas with private plots and direct sea access. Scarce inventory, premium pricing.

From AED 18.3MBeachfront villas60/40 planHandover Q4 2026

Bay Residences Sold out · resale

A popular Hayat Island address now available mainly through the resale market — a route to a completed-soon unit without waiting for a fresh launch.

From AED 680KStudio–3 bed5/25/10/60 planHandover Q3 2028

Nasim Lofts Handed over · resale

Contemporary loft-style apartments and duplexes that have already completed — ideal if you want a ready RAK Properties home with immediate rental potential.

From AED 5.34M2–3 bed + duplex40/60 planStatus Ready

Raha Island is the newer wing of Mina Al Arab — quieter, lower-density and priced for entry-level investors who still want the island lifestyle.

Skai Off-plan

Modern studios to three-bed apartments with a generous, construction-weighted-then-handover payment split — comfortable for cash-flow planning.

From AED 1.25MStudio–3 bed10/40/50 planHandover Q2 2028

Mirasol Off-plan

Among the most affordable RAK Properties launches, with multiple payment plans to choose from. View the Mirasol project page for current availability.

From AED 861KStudio–3 bedMultiple plansHandover Q4 2026

Beyond the two islands, the wider Mina Al Arab master community holds RAK Properties' branded residences, townhouse enclaves and established villa neighbourhoods.

Cape Hayat Off-plan

Waterfront living overlooking the Sheikh Mohammed Bin Salim Al Qasimi Mosque, with one of the lowest entry points in the portfolio. See the Cape Hayat project page.

From AED 700KStudio–4 bed40/60 planHandover Q2 2026

Anantara Mina Al Arab Residences Branded · off-plan

Five-star branded residences tied to the Anantara hospitality name — resort services, rental-pool potential and a premium that branded stock tends to hold on resale.

From AED 2.2MStudio–5 bed10/50/40 planHandover Q4 2026

Granada II Off-plan

Townhouses near Saqr Park with a buyer-friendly 10/90 structure — minimal during construction, the bulk on handover.

From AED 2.3MTownhouses10/90 planHandover Q1 2026

Nura Sold out · resale

A fully subscribed Mina Al Arab community now traded on the resale market — a way into the master plan at a completed-soon stage.

From AED 830KStudio–4 bedHandover Q2 2028

Marbella II Villas Ready · resale

Completed two-to-four-bed villas in an established Mina Al Arab enclave — move-in ready with immediate rental potential.

From AED 2.14M2–4 bed villas10/30/10/50 planStatus Ready

Gateway Residences Community

A long-standing RAK Properties residential address within Mina Al Arab — apartments suited to end-users and yield-focused investors alike.

ApartmentsMina Al Arab

Sort your shortlist by budget, plan, handover and status.

ProjectCommunityFrom (AED)Payment planHandoverStatus
BayviewsHayat Island670K10/30/60Q3 2028Off-plan
Cape HayatMina Al Arab700K40/60Q2 2026Off-plan
NuraMina Al Arab830K2 plansQ2 2028Resale
Quattro Del MarHayat Island835K60/40 + post-HOQ4 2026Off-plan
MirasolRaha Island861KMultipleQ4 2026Off-plan
Enta Mina ResidencesHayat Island896KFlexible2028Off-plan
SkaiRaha Island1.25M10/40/50Q2 2028Off-plan
Marbella II VillasMina Al Arab2.14M10/30/10/50ReadyResale
Anantara MinaMina Al Arab2.2M10/50/40Q4 2026Branded
Granada IIMina Al Arab2.3M10/90Q1 2026Off-plan
Nasim LoftsHayat Island5.34M40/60ReadyResale
NB CollectionHayat Island18.3M60/40Q4 2026Selling fast

Indicative 2026 starting prices; subject to availability, unit, floor and view. Confirm the live price list with First Stone before reserving.

Get the live RAK Properties price list

Best-view units and ground-floor launch prices move first. Register and our RAK specialists will send current availability, full price lists, floor plans and payment-plan options.

Request price list View RAK Properties

RAK Properties payment plans, decoded

Quick answer A payment plan spreads the price across the build. "40/60" means 40% during construction and 60% on handover; "10/30/60" adds a 10% booking deposit. RAK Properties also offers post-handover plans where up to 40–60% is payable over two to three years after completion.
PlanHow it splitsBest for
40/6040% build · 60% handoverCapital-light entry (Cape Hayat)
10/30/6010% book · 30% build · 60% handoverLow deposit, balanced (Bayviews)
10/40/5010% book · 40% build · 50% handoverSteady cash flow (Skai)
10/50/4010% book · 50% build · 40% handoverBranded stock (Anantara)
5/25/10/60Staged, low early outlayPhased budgeting (Bay Residences)
10/9010% build · 90% handoverEnd-users financing at handover (Granada II)
Post-handover40–60% after completion (2–3 yrs)Yield-first investors (Quattro Del Mar)

How First Stone helps you buy RAK Properties off plan

As a Business Bay brokerage covering the whole UAE, First Stone Real Estate gives you direct-from-developer access to RAK Properties launches — at no extra cost, since the developer pays the commission. We handle launch-day registration, unit and view selection, price lists and floor plans, payment-plan structuring, resale sourcing for sold-out communities, and residency guidance. Start on the RAK Properties developer page, explore all RAK projects, or speak to an advisor.

Frequently asked questions

Who is RAK Properties?
RAK Properties is the leading publicly listed (PJSC) master developer of Ras Al Khaimah, founded in 2005 with the backing of the RAK government. It develops integrated waterfront communities such as Mina Al Arab, Hayat Island and Raha Island, combining residences, hotels, marinas, beaches and retail.
Is off plan property by RAK Properties a good investment in 2026?
Yes. Its homes sit inside RAK's fastest-growing waterfront communities, where values have risen an estimated 12–15% year on year. Demand is driven by the Wynn Al Marjan Island resort opening in 2027, a three-million-tourist target by 2030, prime yields of about 6–8%, and entry prices below comparable Dubai waterfront stock.
What is the cheapest RAK Properties off plan project?
Entry-level homes on Hayat Island start from around AED 670,000–700,000 for studios at Bayviews and Cape Hayat. On Raha Island, Mirasol starts from roughly AED 770,000–861,000 — among the most affordable beachfront-community launches in the UAE.
Where is Mina Al Arab and what is on Hayat Island?
Mina Al Arab is RAK Properties' flagship coastal master community. It contains two islands: Hayat Island, home to Quattro Del Mar, Bayviews, Bay Residences, Nasim Lofts and the ultra-luxury NB Collection villas, and Raha Island, home to Skai and Mirasol.
Can foreigners buy off plan property from RAK Properties?
Yes. RAK Properties communities sit in designated freehold zones where overseas buyers can own 100% freehold property with full rights to sell, lease or transfer, plus zero capital gains tax, no annual property tax, and potential UAE residency.
What payment plans does RAK Properties offer?
Flexible and post-handover plans, including 40/60, 10/30/60, 10/40/50, 10/50/40 and staged structures such as 5/25/10/60, with several projects offering 40–60% payable after handover over two to three years.
FS

First Stone Real Estate

Business Bay, Dubai · RAK Properties and Ras Al Khaimah specialists. Direct-from-developer access to Mina Al Arab, Hayat Island and Raha Island launches. About us · Contact

Disclaimer: For general information only; not financial or legal advice. Prices, payment plans and handover dates are indicative for 2026, set by the developer, and change with availability and project phase. Verify all figures with First Stone Real Estate and RAK Properties before purchasing.

Sandeep Jaiswal

Founder- First Stone Real Estate

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