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Ras Al Khaimah · Off-plan project · July 2026

Granada Villas Phase 2 By Rak

Mina Al Arab · by RAK · Ras Al Khaimah

Sold outUnder constructionHandover Q1 20263 priced units2 unit plansLimited data

The stated handover of Q1 2026 has already passed while the source still reports the building as under construction. It is counted as off-plan and running late, not as delivered.

This project sits outside the full evidence tier: it is in Ras Al Khaimah, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.

Price from
AED 2.30M
AED 2,300,000, in the AED 2M to 3M band
Median AED/sqft
1,202
across 3 priced records
Paid before handover
50%
nothing scheduled after the keys
Scheduled handover
Q1 2026
developer-published date for 2026
Everything the corpus holds on this project

The record

DeveloperRAK
CommunityMina Al Arab
CityRas Al Khaimah
Sale statusSold out
ConstructionUnder construction
ClassificationOff-plan, handover date passed
Property typesTownhouse
Bedrooms offered2, 3
Priced unit records3
Unit plans listed2

Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.

This project against its community and against Dubai

Where this price sits

AED 1,202 per sqft, 41% below the Mina Al Arab median, and 41% below the Dubai median.

AED 1,202
This project, AED 1,202Mina Al Arab median, AED 2,033Middle half of Mina Al Arab, AED 1,844 to 2,324Dubai median, AED 2,021
Against Mina Al Arab
-41%
on a median of AED 2,033 from 245 priced units
Against Dubai
-41%
on a median of AED 2,021 from 42,490 priced units
Position in Mina Al Arab
1 of 17
priced projects in the community ask less per sqft than this one

AED per sqft of built-up area, the median across 3 priced records published for this project, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions. See methodology.

What is due before the keys, and what is not

The payment plan

Granada Villas Phase 2 By Rak
50%
50%
50%
Before handover
50%
On handover
0%
After handover

On the published entry price of AED 2,300,000 that is AED 1,150,000 before handover. Run other prices through the payment plan calculator.

Median plan structure across 43 published plans in Mina Al Arab
44%
45%
On booking 11%During construction 44%On handover 45%

Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 26% of plans in Mina Al Arab schedule instalments after the keys.

The rest of the community, on the same measures

More in Mina Al Arab

All 21 projects
Enta Residences
by RAK
AED/sqft
2,280
From
AED 1.72M
Handover
Q1 2028
Before keys
50%
Nura
by RAK
AED/sqft
2,104
From
AED 830K
Handover
Q1 2029
Before keys
40%
Solera Downtown Mina
by RAK
AED/sqft
1,869
From
AED 1.23M
Handover
Q2 2028
Before keys
35%
Skai
by RAK
AED/sqft
1,968
From
AED 1.25M
Handover
Q2 2028
Before keys
50%
Mirasol Phase 2 By Rak Properties
by RAK
AED/sqft
2,094
From
AED 1.69M
Handover
Q3 2028
Before keys
40%
Mirasol Mina
by RAK
AED/sqft
1,997
From
AED 1.62M
Handover
Q2 2028
Before keys
40%
Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Mina Al Arab, Ras Al Khaimah in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

Get the report, USD 79or the agent seat, USD 99/mofree 5 page sample (PDF)

OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.