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INTRIC - Intelligent Real Estate Investment Club

Mina Central Boulevard, Mina, Ras Al Khaimah, UAE

Nura

RAK Properties
FromAED800,000 – AED5,900,000
Gross yield6.5%
Exp. 5-yr capital growth20%
CompletionQ1 2029
Payment terms40/60 standard

About the property

The first residential address on Mina's central boulevard, as the island turns into a working city centre

Ras Al Khaimah's tourism pipeline, anchored by the integrated resort opening on Al Marjan Island, is reshaping demand across the emirate — and this is the first residential address on Mina's central boulevard, marking its shift from coastal retreat to city centre. Two towers hold a few hundred homes across eight types, from studios to a pair of four-bedroom penthouses, above ground-floor retail, dining and a gallery space, with a landscaped park alongside. The amenity deck is unusually deep, and the specification includes double-glazed low-emissivity glass, VRF air conditioning, EV charging and home automation. The marina is walkable and the airport 20 minutes away. Completion is anticipated in Q1 2029. For buyers seeking an early position at the heart of the masterplan.

Why buy

  • First address on Mina's central boulevard

    Nura is the first residential building to rise at the centre of the island, with ground-floor retail and F&B and a landscaped community park adjacent. Downtown Harbour and Mina Marina are both within walking distance.

  • Ten minutes from the Wynn resort

    The Wynn integrated resort on Al Marjan Island is a ten-minute drive. Ras Al Khaimah International Airport is twenty minutes away and Dubai International sixty.

  • Eight unit types across 312 homes

    From 375 sq ft studios through 1 and 2-bedroom suites and premiums to two 4-bedroom penthouses of roughly 2,750 sq ft. The mix is deliberately broad, which widens both the buyer pool and the resale market.

  • An amenity deck built for daily use

    A 25m lap pool, padel court and lounge, skate garden, six-hole mini golf, an 85m jogging track and tunnel, pet park and washing area, drone pad and edible garden. The programme is unusually deep for a building of this size.

  • Specified for efficiency

    Double-glazed low-emissivity glass with thermal facade insulation, VRF high-efficiency HVAC, EV charging, smart keyless entry and home automation for lighting and air conditioning.

  • Two payment routes to a 2029 handover

    A standard 40/60 plan and a 60/40 special plan, with anticipated completion in Q1 2029. Terms are per the developer factsheet and should be confirmed with the sales team.

The address

  • Domestic and regional flights [20 minutes by car]
  • Long-haul international hub [60 minutes by car]
  • Direct coastal route to Dubai and the northern emirates [5 minutes by car]
  • Nikki Beach Resort & Spa, Bar Du Port Beach, InterContinental Resort & Spa, Anantara Mina [within Mina]
  • Mina Marina and Yacht Club, Mina Wharf, Mina Boulevard, Angel Bay public beach [walking distance]
  • Al Hamra Mall and the 18-hole Al Hamra Golf Club [about 7 km away]
  • British curriculum with IB pathways [about 5 km away]
  • Main Ras Al Khaimah city campus [about 11 km away]
  • University campus in Ras Al Khaimah city [about 17 km away]

Nearby transport, places and schools are as recorded by the seller. Confirm distances and school admissions independently before advising.

See it in full

Members see everything, and a specialist introduces the property.

  • Full pricing and payment plans
  • Floor plans and project documents
  • A specialist on this property

Rachel Jones

RAK Properties

RAK Properties

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The numbers, this market's own rules

Ras Al Khaimah Property Analysis Hub

Updated January 2026

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Data and calculations are updated regularly for informational purposes. For accurate data and personalized advice, consult an INTRIC specialist or conduct independent research. Professional financial and legal advice recommended.

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Property Details

20.0% of property price (Min 20% for expats)

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Monthly Payment
AED 0.00
Loan Amount
AED 640,000.00
Total Interest
-AED 640,000.00

Documents & resources

Everything for this property

Complete Investor Guide to UAE Property

Guide

Complete Investor Guide to UAE Property

Tax-free property investment in Dubai, Abu Dhabi, and the wider Emirates

Read the full guide
Ras Al Khaimah

Guide

Ras Al Khaimah

Ras Al Khaimah (RAK), the UAE's northernmost emirate, has become one of the Middle East's fastest-growing property markets, propelled by the USD 5.2 billion Wynn Al Marjan Island integrated resort (the country's first licensed gaming resort) due to open in early 2027. The transformation is dramatic: prime apartment prices climbed to AED 2,428 per square foot in 2025, with apartment values up 32% year-on-year and villas up 11%, concentrated in the waterfront communities of Al Marjan Island, Al Hamra Village and Mina Al Arab. Rental yields are attractive at roughly 5-6% gross on average, with select branded and waterfront projects reaching 8-9%, and apartment rents rose nearly 25% in 2025 despite new supply. RAK allows 100% foreign freehold ownership in designated areas, and the emirate's population is projected to grow from around 400,000 toward 650,000 by 2030, with hotel capacity set to more than double to roughly 20,000 keys. Top international buyers include Russians, Indians, Chinese, Germans and Britons. As a UAE market it offers a US-dollar-pegged currency, zero income and capital-gains tax on property, and a stable legal framework. Investors should still weigh real risks: a strong reliance on the Wynn-driven narrative and the resort's on-time delivery (construction paused before resuming in 2026), a notable new-supply pipeline that could pressure rents, and a 24% drop in transaction volume in 2025 even as prices rose (a sign of a cooling, more selective market).

  • Wynn Al Marjan Island Resort
  • Rapid Capital Appreciation
  • 100 Percent Foreign Freehold
Read the full guide
Ras Al Khaimah

Guide

Ras Al Khaimah

A waterfront eco-community of mangroves, beaches and branded residences south of RAK city.

Read the full guide