June 14, 2024

RAK Properties Launches EDGE On Raha Island At Mina Al Arab

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RAK Properties launches EDGE, A yacht-inspired waterfront residential tower on Raha Island at Mina Al Arab and Sophisticated living spaces designed to suit urban lifestyle with distinguished yacht-inspired balconies offering breath-taking views of the island.
RAK Properties Launches Edge, A Yacht-inspired Waterfront Residential Tower on Raha Island At Mina Al Arab-Image Courtesy: - RAK Properties

RAK Properties PJSC (ADX: RAKPROP), Ras Al Khaimah’s (RAK’s) pioneering publicly listed property developer, recently launched EDGE, a striking residential development on Raha Island, due for completion in Q2 2027.

According to Industry sources, it features 237 elegant homes with panoramic sea views, the tower will serve as a gateway to a harmonious blend of modern urbanity and coastal tranquillity, framing the entry to Raha Island with stunning views.

Industry sources further added that at the launch of EDGE, an exclusive inventory from several RAK Properties developments will also be available, which also comprises newly launched Granada Villas and the award-winning Quattro Del Mar.

Sameh Muhtadi, CEO, of RAK Properties

Sameh Muhtadi, CEO, of RAK Properties commented, “The launch of EDGE marks a notable milestone in our strategic vision to redefine waterfront living in Ras Al Khaimah. This development exemplifies contemporary architectural design that aligns with the aspirations of our customers and investors. By integrating customer-driven layouts, we offer spaces that are visually appealing and highly functional. The strong track record of capital appreciation and rental growth at Mina Al Arab adds to EDGE’s investment appeal. To further enhance the attractiveness of properties on offer and provide exceptional value to our clients, we entered into an exclusive strategic agreement with Ras Al Khaimah Economic Zone (RAKEZ). This collaboration aims to support the Golden Visa applications for our clients, enabling them to enjoy the benefits of long-term residency in the UAE.”

Muhtadi added, “As Raha Island and wider Mina Al Arab continue to take shape and gain greater vibrancy, we are proud of our progress in developing unique lifestyle propositions that enhance the northern emirates’ appeal and support the government’s ongoing efforts to position Ras Al Khaimah as a leading hub for business, investment, and tourism.”

According to Industry sources, the property is set to launch on 31st May, at The One & Only Royal Mirage in Dubai, EDGE comprises one-bedroom chalets on the ground level, offering enchanting views of the lagoon and direct access to the wide amenities. The 11-story rich-amenity development also offers studios, one-and two-bedroom apartments, and two-bedroom penthouses.

Industry sources added that the yacht-inspired balconies along the corner units give the building a sculptural appearance creating a lively silhouette with expansive views and easy access to the Arabian Ocean beaches and a walkway for retail, leisure, and outdoor activities.

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