Under construction
AED 23,166per m²Ras Al Khaimah, United Arab Emirates
Mirasol II by RAK, photo 1Price from
AED 1,688,000≈ $459,632 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.AED 20,547 per m² ≈ $5,595
cheaper than 75% of city projects: -15%Data verified Aug 18, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 74 - 348 m²
- Bedrooms
- 1 - 3
- Completion
- Q3 2028
- Readiness
- Planned
- Dry season
- May, Jul, Aug
- First instalment
- 10%
Price
Is this expensive for the city
$5,595 per m², Ras Al Khaimah median $6,593
Median $6,593This project $5,595
$3,636$10,935
-15% vs the city median (Ras Al Khaimah), sample of 38 projects. cheaper than 75% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
A breakdown of this project for your budget and goals
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What it really costs
Payment plan
- 10%Step 1 · On booking$45,963
- 4%Step 2 · Tax$18,385
- 40%Step 3 · Before commissioning$183,853
- 50%Step 4 · On transfer$229,816
- Total
- $459,632
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$229,816$4,047,161
$449$6,903
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $1,747
- Annual income
- $20,960
- Gross yield
- 5.7%
- Net yield
- 4.6%
- Value in 5 years
- $615,092
- 5-year ROI
- 57%
See calculation details
- Gross annual rent
- $26,075
- Common area fee
- -$221
- Tax (10%)
- -$2,607
- Agent commission
- -$2,287
- Net annual income
- $20,960
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
When is the season here
Driest months: May, Jul, Aug Wettest months: Jan, Mar, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Rainfall, mm per monthTemperature, °C
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.1 | 23 |
| Feb | 21.1 | 10 |
| Mar | 23.7 | 16 |
| Apr | 27.5 | 6 |
| May | 31.5 | 1 |
| Jun | 34.1 | 2 |
| Jul | 35.7 | 1 |
| Aug | 35.7 | 1 |
| Sep | 33.7 | 1 |
| Oct | 30.8 | 2 |
| Nov | 26.4 | 8 |
| Dec | 22.4 | 14 |
Source: NASA POWER, climate normal (2001-2020). Grid node 25.7, 55.8. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q3 2028
- Status
- Planned
- Area
- 74 - 348 m²
Description
RAK Properties is developing Mirasol II by RAK in Ras Al Khaimah, United Arab Emirates. The project is planned, construction has not started, with completion set for September 2028.
Layouts range from 1 to 3 bedrooms, with areas from 74.22 to 347.63 square meters. This spread covers compact one-bedroom units alongside considerably larger three-bedroom layouts.
Prices start from AED 1,688,000 and go up to AED 12,386,000, with a price per square meter of AED 20,547. The gap between the lowest and highest price reflects the range of areas and bedroom counts across the project.
The project sits in the Ras Al Khaimah region, in the city of Ras Al Khaimah, UAE. RAK Properties is the developer.
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.
Price in your currency
Rate: 1 USD = 3.6725 AED≈ $459,632Rate as of 2026-10-14
Denominated in AED - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Ras Al Khaimah, United Arab Emirates
Market context
Residential price growth39% YoY
Apartment price levelDh2,000 per sqft
Rental growth5% YoY
Average gross rental yield5.6%
Foreign buyer share68%
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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