RAK Properties Edge Raha Island

Mina Al Arab, Dubai, Ras Al Khaimah

August 12, 2024

Property Description
For Off-Plan Launches AED750,000 / AED

Discover unparalleled waterfront elegance at EDGE, a premium residential project by RAK Properties on Raha Island in Mina Al Arab. Offering an exquisite collection of premium studios, 1-2 bedroom apartments, 1-bedroom chalets, and 2-bedroom penthouses, EDGE redefines luxury living with unit sizes ranging from 375 sq. ft to 1,582 sq. ft, including private balconies. Each residence boasts a fully equipped kitchen with top-of-the-line appliances, ensuring a blend of sophistication and convenience.

The EDGE complex is brimming with exceptional recreational amenities. Enjoy the serenity of the lounge/clubhouse, the thrill of a skating area, the joy of an outdoor children’s play area, the sophistication of a lounge & bar, and the relaxation of a swimming pool. Fitness enthusiasts will appreciate the state-of-the-art gym, outdoor fitness area, and BBQ deck. Families can take advantage of the children’s club, while everyone can explore the various retail and F&B spots within the complex.

Located near Sheikh Mohammed Bin Salem Road, EDGE offers seamless connectivity to the rest of the emirate, with Ras Al Khaimah International Airport just a 25-minute drive away. Everyday essentials are within easy reach, with supermarkets like Al Mondial, Choithrams, and Bloom only a 5-minute drive away. For families, several reputable schools, including Emirates National School, St. Mary\’s High School, and The Wellspring School, are within a 15-minute drive. Healthcare needs are also well-catered for, with American Medical Clinic, Al Jazeera Medical Clinic, and Al Meena Medical Clinic nearby.

As of May 2024, the starting rental price for a 1-bedroom apartment in Mina Al Arab is AED 29K (USD 8K) per annum, with an average ROI of 5%. These figures are expected to rise as the area develops, offering a promising opportunity for generating passive income through leasing.

Investing at least AED 2M (USD 545K) in property at EDGE grants eligibility for a renewable, 10-year Golden Visa, covering a spouse, children, and domestic staff, providing a gateway to a luxurious and stable future.

  • Type

    Apartment
  • Build

    Q2 2027
  • Size

    375 Sqft
  • Lot Size

Property Map
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