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Chapter 3. Mina Al Arab: A Master-Planned Community for Living and Investing in Ras Al Khaimah.
Mina Al Arab is a master-planned community that offers a mix of natural and urban elements, creating a harmonious and sustainable environment. It is one of the most sought-after areas of Ras Al Khaimah, offering a range of world-class facilities and amenities for residents and visitors alike. In this chapter, Real Estate Group will explore the various aspects of Mina Al Arab, such as its location, business life, cultural life, education, shopping and entertainment, health, and real estate.
1. Location.
- Mina Al Arab is located on the western coast of Ras Al Khaimah, near the border with Umm Al Quwain.
- Mina Al Arab covers an area of 43 million sq. ft., comprising of several residential and commercial developments, as well as natural and recreational areas.
- Mina Al Arab boasts a 12 km long waterfront, a 2 km long beach, and a 1.2 million sq. ft. ecological reserve, providing stunning views and recreational opportunities for residents and visitors.
- Mina Al Arab has a population of over 20,000 people, comprising of various nationalities and backgrounds, creating a diverse and vibrant community.
2. Business Life.
Mina Al Arab is home to several business centers and companies that cater to different sectors and industries, such as tourism, hospitality, retail, education, and health.
Some of the prominent business centers and companies in Mina Al Arab are:
- Mina Al Arab Business Park: A business park that offers modern and flexible office spaces, meeting rooms, and conference facilities, with panoramic views of the lagoon and the reserve.
- Lagoon Walk: A retail and dining destination that hosts over 60 outlets, including international brands, local shops, and a supermarket, as well as a food court, a promenade, and a kids’ play area.
- The Ritz-Carlton Ras Al Khaimah, Al Hamra Beach: A luxury hotel that features 32 villas, each with a private pool and direct beach access, as well as four dining outlets, a spa, a fitness center, and a private island, as well as a ballroom and several meeting rooms for events and functions.
- RAK Hospital: A premium health care facility that offers a range of medical services, such as cardiology, orthopedics, neurology, dentistry, and cosmetic surgery, as well as a pharmacy, a laboratory, and a radiology department.
Mina Al Arab is favorable for business establishment and residence for professionals from different companies because:
- It offers a freehold ownership scheme, which allows foreigners to buy and sell properties without any restrictions or fees.
- It provides a tax-free environment, which means that there are no income taxes, corporate taxes, or value-added taxes for businesses and individuals.
- It supports a work-life balance culture, which means that professionals can enjoy a high quality of life, with access to various leisure and entertainment options, as well as a safe and secure neighborhood.
3. Cultural Life.
Mina Al Arab has a rich and diverse cultural life, with various attractions, museums, and exhibitions that showcase the history, heritage, and art of Ras Al Khaimah and the UAE.
Some of the cultural attractions and museums in and near Mina Al Arab are:
- Mina Al Arab Museum: A museum that displays the history and development of Mina Al Arab, from its inception as a master-planned community, to its completion as a harmonious and sustainable destination.
- RAK National Museum: A museum that exhibits the archaeological, historical, and ethnographical collections of Ras Al Khaimah, dating back to the prehistoric, Islamic, and colonial periods.
- RAK Fine Arts Festival: An annual festival that showcases the works of local and international artists, in various mediums such as painting, photography, sculpture, and digital art, at different venues across Ras Al Khaimah.
Some of the interesting events and shows that took place in Mina Al Arab in 2022 and 2023 and which are planned to take place in 2024 - 2025 are:
- Mina Al Arab New Year’s Eve Celebration: A festive event that celebrates the end of the year and the beginning of the new one, with a live DJ, a countdown, and a fireworks display at the Lagoon Walk.
- Mina Al Arab Carnival: A fun event that features various activities and attractions, such as games, rides, shows, food trucks, and a market, at the Lagoon Walk.
- Mina Al Arab Yoga Festival: A wellness event that features various sessions and workshops of yoga, meditation, and mindfulness, led by expert instructors, at the ecological reserve.
4. Education.
Mina Al Arab has a number of schools and universities that offer quality education for children and adults, in various curricula and disciplines.
Some of the schools and universities in and near Mina Al Arab are:
- RAK Academy: A school that follows the British curriculum, from the early years to the secondary level, with a focus on academic excellence, personal development, and global citizenship.
- GEMS Westminster School: A school that follows the British curriculum, from the foundation stage to the advanced level, with a focus on innovation, creativity, and leadership.
- American University of Ras Al Khaimah: A university that offers undergraduate and graduate programs in various fields, such as engineering, business, arts, and sciences, with a focus on research, community engagement, and internationalization.
- RAK Medical and Health Sciences University: A university that offers undergraduate and graduate programs in various fields, such as medicine, dentistry, pharmacy, and nursing, with a focus on excellence, professionalism, and ethics.
5. Shopping and Entertainment.
Mina Al Arab has a variety of shopping and entertainment options, that cater to different tastes and preferences, from fashion and lifestyle, to dining and nightlife.
Some of the shopping and entertainment centers in Mina Al Arab are:
- Lagoon Walk: As mentioned earlier, this is a retail and dining destination that hosts over 60 outlets, including international brands, local shops, and a supermarket, as well as a food court, a promenade, and a kids’ play area.
- Al Hamra Mall: A two-storey shopping center that hosts over 120 retail outlets, including international brands, local shops, and a hypermarket, as well as a food court, a cinema, and a kids’ play area.
- The Ritz-Carlton Ras Al Khaimah, Al Hamra Beach: As mentioned earlier, this is a luxury hotel that features four dining outlets, such as Shore House, a seafood restaurant, Sea Breeze, a poolside bar, and Islander’s Coffee, a lobby lounge.
- Marjan Island Resort & Spa: A luxury hotel that features seven dining outlets, such as Al Liwan, an Arabic restaurant, Zaitouna House, a Mediterranean restaurant, and Turtle Beach Bar, a beachside bar.
- The Bay Sports Bar: This is a sports bar that offers a lively and casual atmosphere, with multiple screens showing live sports events, such as football, rugby, cricket, and tennis, as well as a menu of snacks, drinks, and shisha.
6. Health.
Mina Al Arab has a number of medical clinics, hospitals, and health care organizations that provide quality and affordable health care services for residents and visitors.
Some of the health care facilities in and near Mina Al Arab are:
- RAK Hospital: As mentioned earlier, this is a premium health care facility that offers a range of medical services, such as cardiology, orthopedics, neurology, dentistry, and cosmetic surgery, as well as a pharmacy, a laboratory, and a radiology department.
- Mina Al Arab Medical Center: This is a medical center that offers a range of primary and specialty health care services, such as family medicine, pediatrics, gynecology, dermatology, and physiotherapy, as well as a pharmacy and a laboratory.
- Al Zahrawi Hospital: This is a hospital that offers a range of secondary and tertiary health care services, such as emergency, intensive care, surgery, radiology, and laboratory, as well as a pharmacy and a blood bank.
- RAK Diabetes Center: This is a center that offers a comprehensive and holistic approach to diabetes management, with a team of specialists, educators, and counselors, as well as a pharmacy, a laboratory, and a nutrition clinic.
7. Real Estate.
Mina Al Arab is one of the best places to invest in residential or commercial real estate in Ras Al Khaimah, as it offers a variety of properties, such as apartments, villas, townhouses, and penthouses, with attractive prices, returns, and amenities.
According to Real Estate Group, the average prices and ROI of properties in Mina Al Arab are as follows:
- Apartments: The average price of an apartment in Mina Al Arab is AED 600,000 ($163,488), ranging from AED 250,000 ($68,120) for a studio to AED 1,500,000 ($408,719) for a 4-bedroom unit. The average rental yield of an apartment in Mina Al Arab is 7.5%, ranging from 6.5% for a studio to 8.5% for a 4-bedroom unit.
- Villas: The average price of a villa in Mina Al Arab is AED 3,500,000 ($953,678), ranging from AED 1,500,000 ($) for a 2-bedroom unit to AED 15,000,000 ($4,087,193) for a 5-bedroom unit. The average rental yield of a villa in Mina Al Arab is 4.5%, ranging from 3.5% for a 2-bedroom unit to 5.5% for a 5-bedroom unit.
- Townhouses: The average price of a townhouse in Mina Al Arab is AED 2,000,000 ($544,959), ranging from AED 1,000,000 ($272,479) for a 2-bedroom unit to AED 3,500,000 ($953,678) for a 4-bedroom unit. The average rental yield of a townhouse in Mina Al Arab is 6%, ranging from 5% for a 2-bedroom unit to 7% for a 4-bedroom unit.
- Penthouses: The average price of a penthouse in Mina Al Arab is AED 2,500,000 ($681,199), ranging from AED 1,500,000 ($408,719) for a 2-bedroom unit to AED 4,000,000 ($1,089,918) for a 4-bedroom unit. The average rental yield of a penthouse in Mina Al Arab is 6%, ranging from 5% for a 2-bedroom unit to 7% for a 4-bedroom unit.
The benefits of living in Mina Al Arab for different types of residents are as follows:
- Couples: Mina Al Arab offers a romantic and relaxing lifestyle for couples, with access to the beach, the marina, the resorts, and the spa, as well as a variety of dining and entertainment options.
- Families with children: Mina Al Arab offers a safe and secure environment for families with children, with access to the schools, the mall, the hospital, and the playgrounds, as well as a diverse and friendly community.
- Young professionals: Mina Al Arab offers a dynamic and convenient lifestyle for young professionals, with access to the business park, the airport, the freehold ownership, and the tax-free environment, as well as a range of leisure and recreational options.
- Retirees: Mina Al Arab offers a peaceful and comfortable lifestyle for retirees, with access to the health care facilities, the fitness center, and the private beach, as well as a range of cultural and social activities.
Want to Buy Real Estate in Ras Al Khaimah? Write a Request in WhatsApp and Real Estate Group Will Find the Best Options for You. Everyone Buys With Us!
As you can see, Mina Al Arab is a master-planned community that offers a mix of natural and urban elements, creating a harmonious and sustainable environment. It is one of the most sought-after areas of Ras Al Khaimah, offering a range of world-class facilities and amenities, attractive prices and returns, and a diverse and vibrant community.
Whether you are looking for a romantic getaway, a family-friendly home, a dynamic workplace, or a peaceful retirement, Mina Al Arab has something for everyone. If you are interested in buying real estate in Mina Al Arab, contact us today on WhatsApp and Real Estate Group will help you find the best property that suits your needs and goals. Don’t miss this opportunity to own a piece of paradise in Ras Al Khaimah.
