RAK Properties: projects, areas and handover dates
RAK Properties has 8 projects on my property map across 2 areas. Here is what is live now, and what I check on every purchase.
Where RAK Properties is active
Mina Al Arab (7), Al Jazeera Al Hamra (1).
Current projects
- Quattro Del MarAsk about this project
- Enta ResidencesAsk about this project
- Mirasol IIAsk about this project
- Mirasol MinaAsk about this project
- Skai MinaAsk about this project
- Solera Downtown MinaAsk about this project
- NuraAsk about this project
- The Strand LunaraAsk about this project
Details come from the developer and change often. Confirm availability, prices, payment plans and handover dates before you act. Locations on the map are shown at community level.
What I check before any RAK Properties purchase
- The payment plan. What each instalment is tied to, and what happens if a milestone slips.
- The escrow account. That your payments go into the project's regulated escrow account.
- The record. Past handovers on time, build quality and how snagging was handled.
- The numbers. Price per square foot against comparable projects, service charges and likely rent.
- Your exit. Resale rules, any developer approval needed, and fees on the way out. See the fees guide.
Questions I am asked
Where does RAK Properties have projects?
On my property map RAK Properties has 8 projects across 2 areas, including Mina Al Arab, Al Jazeera Al Hamra.
When are RAK Properties projects due for handover?
The handover dates the developer has given for these projects run from 2027 to 2029. Dates are the developer's own timelines and can move, so confirm before acting.
How do I check a RAK Properties project before buying?
Check the payment plan and what each instalment is tied to, that your payments go into the project escrow account, the developer's record on past handovers, service charges, and whether the price per square foot matches comparable projects. I go through each of these with you before you reserve anything.
Planning to finance this?
Answer three quick questions and GCC Mortgages will come back with what you can borrow and which banks fit, before you commit to anything.
Thinking about a RAK Properties project?
Tell me your budget, timeframe and objective, and I will tell you honestly which launches fit and which do not, whether or not that ends up being with me.
