Projects

🌴 Major Island & Waterfront Projects

The big game-changer — a massive luxury resort with hotel rooms, villas, retail and entertainment, including the UAE’s first integrated casino-style experience. This is a huge tourism & investment catalyst for RAK’s coast. paragonproperties.ae+1

Karl Lagerfeld Residences – Al Marjan Island

Luxury beachfront residential project in partnership with AARK Developers and the Karl Lagerfeld brand — new high-end living.

Emaar – Address Residences on View Island

Branded luxury waterfront living with retail and beachfront access (completion around 2028).

🌴 1. Mina (Formerly Mina Al Arab) – Flagship Waterfront Community

RAK Properties is driving a massive AED 5 billion+ development pipeline here, making Mina one of the hottest areas for residential and mixed-use investment

Mirasol

Twin-tower residential development with studios, apartments & duplexes
Part of RAK Properties’ 2025 launch slate
Scheduled for handover in 2028
Offers resort-inspired living concept with community amenities.

SKAI

Waterfront residential project in the Harbour District on Raha Island
~272 apartments & penthouses with marina access
Modern lifestyle amenities & seaside views
Handover targeted around Q2 2028
EOIs (expressions of interest) currently open.

Ellington Costa Mare

Beachfront residential community with apartments, duplexes, penthouses and villas.

BnW Pelagia

Upscale apartments on Al Marjan Island with luxury resort-style amenities.

Branded Residences & Design-Led Projects

Projects like Palazzo Tissoli (with Pininfarina design) and Soléva Beach Residences elevate architectural appeal and lifestyle living.

Solera

Premium waterfront development on Raha Island
Studios to 2-bed units with lagoon/sea views
Freehold & flexible payment plans
Expected delivery around 2028

Al Marjan Island – Luxury Island Living

A man-made archipelago focused on branded residences, resort homes and lifestyle communities:
Luxury + Iconic Branded Projects
La Mer by Elie Saab
Tonino Lamborghini Waterfront Villas
Ultra-luxury residences with Gulf views (handover in 2026–2028).

Mirasol (RAK Properties)

Twin-tower apartment project with studios to duplexes at Mina — Phase II recently launched in 2025

Bay Residences & Cape Hayat Tower 1

Premium waterfront developments in Mina Al Arab by Ras Al Khaimah Properties.

RAK Central & Urban Living Developments

As RAK diversifies beyond just beach communities, downtown RAK Central projects are gaining attention:

Azure by Lapis (RAK Central)

43-floor luxury residential tower
Studios to sky villas
Amenities like infinity pool, sky garden, cinema & gym
Foreign ownership friendly
EOIs currently open. Reddit

Other mixed-use urban launches like One RAK Central are also collecting interest for modern investment opportunities.

Other Notable & Premium Concepts

Beyond the core developments above, there are designer brand residences and high-end architectural projects noted in the pipeline (e.g., projects featuring collaborations with global design houses and luxury lifestyle brands).

Quattro Del Mar

Seafront residences with attractive payment plans

Landmark & Catalyst Projects Boosting Market

Wynn Al Marjan Island Integrated Resort

Mega-resort with ~1,542 rooms, luxury hospitality, retail & entertainment
Includes the UAE’s first licensed casino
Set to open in 2027
Driving strong demand and real estate value uplift around Al Marjan.

What’s Driving Demand in 2025–26

Project launches by big names (Emaar, Wynn, high-end luxury brands) are boosting long-term value. Forbes
RAK Properties has a multi-billion AED development pipeline, including mixed-use urban and waterfront residential. meed.com
The Wynn integrated resort + tourism growth could lift ROI and market interest across RAK’s coastal real estate.