RAK Properties

Nura

The first residential address on Mina’s central boulevard: 312 homes from AED 800,000 for a studio on the developer’s factsheet, 375 to 2,754 sq ft, completing Q1 2029.

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Location
Downtown Mina, Raha Island
From
AED 1,297,000 (portal-listed)
Homes
312 — studios to 4-bed penthouses
Completion
Q1 2029
Plans
40 / 60 · 60 / 40

Nura has the most complete published price list in the portfolio — eight unit types with unit counts, size bands and starting prices — and the widest gap between the developer’s entry and the portal’s. RAK Properties starts at AED 800,000 for a studio; the portal lists the project from AED 1.297 million, which is the one-bedroom suite band. The two agree on completion (Q1 2029) and disagree on the plan: the developer publishes 40/60 standard and 60/40 special, while the portal records 10/30/60.

About Nura

Nura is the building RAK Properties describes as the moment Mina stops being a resort and becomes a city. It sits on the central boulevard of Downtown Mina, with retail and restaurants at ground level, and it is the first residential address on that street rather than behind it.

It is a 312-home pair of towers running from studios and premium studios through one, two and three-bedroom apartments to two four-bedroom penthouses, from 375 to 2,754 sq ft. Five view categories are marketed — park, sea, harbour, skyline and boulevard — which is an unusually honest way of saying that the building is surrounded by different things.

What to weigh. The price ladder is the clearest in the portfolio, so use it. A studio of 375–420 sq ft starts at AED 800,000; a premium studio of 514 sq ft at AED 1 million; one-bedrooms from AED 1.24 million and AED 1.52 million depending on type; two-bedrooms from AED 1.98 million to AED 2.52 million; three-bedrooms from AED 3.47 million; and two four-bedroom penthouses from AED 5.9 million.

The per-square-foot numbers tell you where the value is. The studio entry is about AED 2,120 per sq ft, the one-bedroom premium about AED 1,990, and the two-bedroom premium — which runs up to 2,465 sq ft — lands near AED 1,020 per sq ft at its largest. That last figure is not a bargain; it is what a 2,465 sq ft “two-bedroom” means. Ask for the layout before reading anything into the rate.

Location is the second consideration. A boulevard address in a new downtown is the best and worst of both worlds: you get retail and life at ground level, and you get traffic, deliveries and construction noise from the plots either side. Ask which plots are built, which are under construction and which are still being marketed, and ask which elevation your unit faces.

Third, timing. Nura completes in Q1 2029, the latest in this portfolio, which gives the district more time to fill in and gives you more time to pay — on a 40/60 that is 40% over roughly two and a half years. It also means you are buying the longest-dated risk in the group, and the market’s view of Ras Al Khaimah in 2029 is not something anyone can promise you.

Compiled November 2026 from RAK Properties’ Nura project page and factsheet (unit counts, sizes, starting prices, payment plans, completion, amenities and proximity), its December 2025 launch announcement and the listing portal’s project record.

Homes, sizes and price

This is the fullest price list RAK Properties publishes for any building in the portfolio: eight types, each with a unit count, a size band and a starting price. It is a genuine schedule rather than a headline.

Type Units Size (sq ft) From (developer factsheet)
Studio 43 375 – 420 AED 800,000
Premium studio 14 514 AED 1,000,000
1-bedroom suite 76 614 – 870 AED 1,240,000
1-bedroom premium 103 762 – 960 AED 1,520,000
2-bedroom suite 16 979 – 1,003 AED 1,980,000
2-bedroom premium 52 1,189 – 2,465 AED 2,520,000
3-bedroom premium 6 1,692 – 1,703 AED 3,470,000
4-bedroom penthouse 2 2,752 – 2,754 AED 5,900,000

The unit counts are as useful as the prices. One hundred and three one-bedroom premiums and 52 two-bedroom premiums make this a rental building with a small trophy tail — six three-bedrooms and two penthouses. That mix tells you the tenant pool is professionals and couples, and that the top of the building will not set the tone for the rest.

The 2-bedroom premium is the anomaly: 1,189 to 2,465 sq ft is a 1,276 sq ft spread under one label. At the top of that band you are paying AED 2.52 million for what is effectively a large three-bedroom layout with two bedrooms, at about AED 1,020 per sq ft. Ask for the plan of the unit you are being quoted.

The portal’s from-price of AED 1.297 million sits just above the one-bedroom suite entry, which suggests the advertised stock is a one-bedroom rather than the AED 800,000 studio. If you want the studio, the portal is not showing you the bottom of this building.

Price and payment plan

Two plans are published: standard 40/60 and special 60/40. The portal records a third structure, 10/30/60, which is close to the standard plan but lighter during construction.

Plan Structure Effect on cash
Standard 40/60 40% before completion, 60% at handover Lightest pre-handover exposure, heaviest final cheque
Special 60/40 60% before completion, 40% at handover More cash in early, smaller final payment
Portal record 10/30/60 10% booking, 30% construction, 60% handover Confirm with the developer

On a Q1 2029 completion, the standard plan means 40% spread over roughly two and a half years and 60% at the end. That is the right shape for a buyer who intends to finance at handover and the wrong shape for one who will not qualify — the last cheque is the one banks are least willing to underwrite on an off-plan purchase.

Add the 4% RAK Land Department fee and the developer’s admin charge, and check whether the construction instalments are calendar-based or linked to progress. On a building completing in 2029, milestone-linked payments are worth asking for explicitly.

Amenities

Nura at dusk, Mina Al Arab — developer render
Developer render of the building elevation. Final design may differ.

Nura’s amenity list is the longest published in the portfolio, and it is outdoor-led: a rooftop deck with infinity pool, a 25-metre lap pool with shallow lounging pool, a lazy pool and splash pool, outdoor gym and clubhouse, padel court with lounge, pets park with washing area, outdoor cinema, children’s indoor play, mini golf, pétanque, trampoline field, skate bowl, barbecue pavilion, 85-metre jogging tunnel, rock climbing wall, yoga deck and a drone pad.

That is a serious amenity programme for a 312-home building, and it is clearly aimed at the same buyer Solera is aimed at: young, active, likely working from home, likely to value a padel court over a concierge. The trade-off is the same one, and the answer is the same: ask what it costs per square foot to run.

The technology list is also published — 24/7 security, access-controlled lobbies, EV charging, advanced fire systems. In a building completing in 2029, EV charging and access control are baseline rather than differentiators; the questions worth asking are who operates the systems, what the subscription costs and whether the developer or the owners’ association owns them after handover.

Where it is

Nura is on Mina’s central boulevard, in the heart of the Downtown Mina district on Raha Island, adjacent to a community park and within walking distance of Downtown Harbour and Mina Marina. Retail and restaurants occupy the ground floor, which is either the reason to buy or the reason to ask which floor you are on.

The proximity numbers published with Nura are the most useful in the portfolio: 10 minutes to Wynn Al Marjan Island, 20 minutes to Ras Al Khaimah International Airport and 60 minutes to Dubai International. RAK Properties separately puts central Dubai at 45 minutes by car.

The Wynn number is worth pausing on. It is the single largest demand driver in the emirate’s rental market and it is one asset with one opening date; a ten-minute drive from a casino resort is a real advantage for short lets and a real concentration risk for a long-term hold. Buy on the fundamentals — the boulevard, the park, the marina — and treat the casino as upside you are not paying for.

At a glance

  • 312 homes on Mina’s central boulevard, Downtown Mina, Raha Island.
  • Eight published types, 375–2,754 sq ft; studios from AED 800,000 on the factsheet.
  • Portal-listed from AED 1,297,000, roughly the one-bedroom suite band.
  • Plans 40/60 standard and 60/40 special; the portal records 10/30/60.
  • Completion Q1 2029 — the longest-dated project in this portfolio.
  • 10 minutes to Wynn Al Marjan, 20 to RAK airport, 60 to DXB.
  • The most complete price list RAK Properties publishes for any Mina building.

What we verify before you reserve

  • Which plan applies — 40/60, 60/40 or the portal’s 10/30/60.
  • The registered area and plan of your unit within the 1,189–2,465 sq ft two-bedroom band.
  • Which elevation you face: park, sea, harbour, skyline or boulevard.
  • The ground-floor retail mix and how the lobby is separated from it.
  • The itemised service charge across the pools, padel, gym and clubhouse.
  • Escrow and RAK Land Department registration.
  • Construction progress against the developer’s published updates.
  • Recent lets in Mina Al Arab at equivalent size and specification.

Nura: frequently asked questions

What is Nura?

A 312-home development by RAK Properties on the central boulevard of Downtown Mina on Raha Island, Ras Al Khaimah, with studios to three-bedroom apartments and two four-bedroom penthouses, completing Q1 2029.

How much does a Nura apartment cost?

The developer’s factsheet starts at AED 800,000 for a studio, with premium studios from AED 1 million, one-bedrooms from AED 1.24 million, two-bedrooms from AED 1.98 million, three-bedrooms from AED 3.47 million and four-bedroom penthouses from AED 5.9 million. The portal lists the project from AED 1.297 million.

What payment plans are offered?

Standard 40/60 and special 60/40. The portal records 10/30/60, so confirm the schedule in the sale and purchase agreement.

When is completion?

Q1 2029, per the developer and the portal.

How far is it from the Wynn?

The developer’s factsheet puts Wynn Al Marjan Island at 10 minutes, Ras Al Khaimah International Airport at 20 minutes and Dubai International at about 60.

What amenities does Nura have?

A rooftop infinity pool, 25-metre lap pool, lazy and splash pools, outdoor gym and clubhouse, padel court, pets park, outdoor cinema, children’s play, mini golf, pétanque, skate bowl, barbecue pavilion, jogging tunnel and climbing wall.

Who is RAK Properties?

A developer founded in 2005, listed on the Abu Dhabi Securities Exchange with roughly a third government ownership, and the master developer of Mina Al Arab. It has delivered more than 3,100 units.

Is Nura a good buy?

It has the clearest published pricing in the portfolio, the longest completion runway and the most amenity per home. The risks are a 2029 handover in a market tied to tourism and the Wynn opening, and a service charge supporting an unusually long amenity list. Ask for the SPA plan and the itemised charge.

Ask about Nura

One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.

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