Ras Al Khaimah, United Arab Emirates
Price from
≈ $149,762AED 550,000Rate as of 2026-09-12
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 13,352 / m²
-45% vs the city median (Ras Al Khaimah), sample of 37 projects
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Data verified Sep 10, 2026price source: developer partner networkupdated 2 days ago
Properties
Condominium
Area
40 - 238 m²
Bedrooms
1 - 3
Completion
Q2 2029
Readiness
Under construction
Available
6 of 6
Properties
Condominium
Area
40 - 238 m²
Bedrooms
1 - 3
Completion
Q2 2029
Is this expensive for the city
$3,636per m²cheaper than 100% of city projects
-45% vs the city median (Ras Al Khaimah), sample of 37 projects
Rate as of 2026-09-12, city data updated 2026-09-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
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What it really costs
Payment plan
Step 1
On booking
10%$14,976
Step 2
On contract
10%$14,976
Step 3
Tax
4%$5,990
Step 4
Before commissioning
30%$44,929
Step 5
On transfer
50%$74,881
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$570
$6,839
5.8%
4.6%
$200,415
57%
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About the project
Properties
Condominium
Completion
Q2 2029
Status
Under construction
Total units
6
Available
6
Area
40 - 238 m²
Properties
Condominium
Completion
Q2 2029
Status
Under construction
Total units
6
Available
6
Area
40 - 238 m²
Description
Only six units make up the entire building at Mira Coral Bay, a condo project by Mira Developments in Ras Al Khaimah. The property is under construction, with completion set for June 2029. Layouts range from one to three bedrooms, and unit sizes span from 40.07 sqm to 237.89 sqm, covering everything from compact one-bedroom units to larger three-bedroom homes. Prices start at 550,000 AED and go up to 3,500,000 AED, with an average price per square meter of 13,352 AED across the project. All 6 of the 6 units are currently available, so buyers have the full range of layouts and sizes to choose from at this stage. The development sits in the Ras Al Khaimah region, in the UAE. With just one building on site, the whole project is contained in a single structure. Mira Coral Bay is suited to buyers looking at an under construction condo in Ras Al Khaimah who want to select from a small, defined set of units before the building is finished.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Location
Ras Al Khaimah, United Arab Emirates
Market context
Residential price growth
39% YoY
Apartment price level
Dh2,000 per sqft
Rental growth
5% YoY
Average gross rental yield
5.6%
Foreign buyer share
68%
Ras Al Khaimah’s residential market is on a sharp upward trajectory, with prices and rents both posting solid year‑on‑year gains and the emirate attracting a growing share of foreign investors. The momentum is underpinned by strong economic growth, new premium projects such as the Wynn Al Marjan Resort and expanding tourism, suggesting continued capital appreciation and robust rental demand into 2026.
Sources (6) · updated 21/08/2026
- UAE: RAK property rally continues in 2025 as prices near Dh2,000 per sqft | Khaleej Times
- UAE: RAK Property Rally Continues In 2025 As Prices Near Dh2,000 Per Sqft
- Why savvy investors are flocking to Ras Al Khaimah - Construction Week Online
- ValuStrat Launches Ras Al Khaimah ValuStrat Price Index - ValuStrat
- UAE Real Estate In 2025: Ras Al Khaimah Emerges As Hotspot
- Ras Al Khaimah Real Estate Investment 2025 | Growth & ROI Guide
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