Project general facts Nura is a distinctive residential development located at the heart of Downtown Mina, the newly emerging urban center of Mina Island. It represents the island’s transformation from a tranquil shoreline retreat into a vibrant, connected city district. Surrounded by a dynamic boulevard with cafés, boutiques, landscaped courtyards, and walkable public spaces, Nura offers residents a balanced lifestyle where coastal calm meets contemporary urban rhythm. Designed as the residential address rising in this new district, Nura provides a lifestyle shaped by light, open views, and thoughtful architectural expression. Its location links the harbour, the park, and the boulevard into one cohesive living experience, with tree-lined paths, social spaces, and cultural energy defining daily life. The project includes a diverse mix of residences - from studios to penthouses - each crafted to deliver natural light, well-proportioned layouts, and a timeless sense of comfort. Nura embraces a refined contemporary aesthetic defined by clean architectural lines, expansive glazing, and a harmonious interplay of light and shadow. The interiors are composed in a serene palette of soft
| Milestone | Share | On AED 1.30M |
|---|---|---|
| On booking | 5% | AED 65K |
| During construction | 35% | AED 454K |
| Upon Handover | 60% | AED 778K |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (5%) | On booking | AED 64,850 |
| During construction (35%) | ≈ AED 18,915 equivalent per month over 24 months | AED 453,950 |
| Handover (60%) | On completion | AED 778,200 |
| RAK Municipality fee (4%) | On handover | AED 51,880 |
| Admin / registration (est.) | On booking | AED 5,250 |

Established in 2005 under the visionary leadership of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties is a testament to the future, with every detail meticulously crafted. Successfully launched flagship destinations including Mina Al Arab and Julphar Towers, garnering a solid…
Nura starts from AED 1.30M and runs to AED 3.85M, across 0 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
5% on booking, 35% during construction, 60% upon handover, worked in dirhams on AED 1.30M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
In Mina Al arab, Ras Al Khaimah. The Mina Al arab community guide on this site has the registered prices, rents and schools around it.
Escrow details are confirmed in the project pack, payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.