Staff Report
Dubai, UAE
RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has unveiled Solera, an apartment community located in its flagship Downtown Mina district on Raha Island, Ras Al Khaimah. Comprising 451 units across three architecturally distinct buildings anchored by a shared podium, Solera is the inaugural community within RAK Properties’ new waterfront destination.
Apartments in Solera, ranging from 386 to 3,104 square feet and with prices starting from Dh768,000, are complemented by an extensive array of lifestyle amenities designed for contemporary living. Residents will enjoy a 40-metre infinity-edge lap pool, a dedicated kids’ pool and splash pad, and the Solera Flame Pavilion – an outdoor gathering space equipped with a BBQ kitchen.
Sameh Muhtadi, Chief Executive Officer of RAK Properties, commented, “We are proud to launch Solera, the first chapter in the Downtown Mina story. With Solera, we are adding diversity to our product mix and creating new neighbourhoods that add to Mina’s overall character. As we continue to pursue the luxury segment elsewhere in our portfolio, Solera and Downtown Mina bring a whole new vibe to Ras Al Khaimah. Younger, edgier, and designed to appeal to work-from-anywhere professionals and entrepreneurs, Solera will contribute to the changing narrative around the Emirate as more and more investors see its real estate market appeal.”
Solera residents will also benefit from a sculptural garden, a telescope corner, a hammock garden, a skateboard park, and a gym. In addition, specifically catering to the needs of today’s increasingly mobile workforce, The Nook, a dedicated social lounge and co-working space, will be built for entrepreneurs and professionals.
Muhtadi added, “As we reach the midpoint of our twentieth anniversary year, RAK Properties is making good progress with its 2025 product launch pipeline, a period in which we have launched Mirasol, SKAI, Anantara Mina Ras Al Khaimah Residences, and ENTA in partnership with Hive and A.R.M Holding. This is also a year in which we are focusing on delivery – with over 3,000 homes under construction, we are targeting the handover of more than 800 to customers this year. As attention continues to focus on the future opening of the Wynn Resort, we are well placed to deliver more homes in RAK before Q1 2027 than any other developer operating in the Emirate. This will ensure that investors see immediate gains from the introduction of this major resort.”
Upon completion, Downtown Mina will feature six integrated residential communities, offering proximity to the wider Mina master plan’s amenities. Ideally located alongside multiple dedicated retail and F&B destinations, this urban hub has ready access to an array of landscaped parks, covered walkways, and community spaces.
Ends
Also read: RAK Properties unveils design-led community development Enta Mina
