Granada Villas Phase 2 By Rak
Mina Al Arab · by RAK · Ras Al Khaimah
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.
The record
- Developer
- RAK
- Community
- Mina Al Arab
- City
- Ras Al Khaimah
- Sale status
- Sold out
- Construction
- Under construction
- Classification
- Off-plan, handover date passed
- Property types
- Townhouse
- Bedrooms offered
- 2, 3
- Priced unit records
- 3
- Payment plans listed
- 2
- Sub-community
- Granada
- Published price range
- AED 2.30M to AED 2.65M
- Ownership
- Freehold
- Furnishing
- Unfurnished
- Floors
- G + 1 floor
- Service charge, developer-stated
- 6 AED/sqft
StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30
Blank means the developer published nothing, not that the answer is zero. The service charge is the figure the developer published, not the RERA service charge index.
Where this price sits
AED 1,202 per sqft, 41% below the Mina Al Arab median, and 41% below the Dubai median.
AED per sqft of built-up area, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions.
SourceOffplanIndex corpus, July 2026n = 3 priced records for this projectMethod
Cite this: OffplanIndex, Granada Villas Phase 2 By Rak price per sqft, AED 1,202, July 2026, https://offplanindex.com/projects/rak-properties-granada-villas-2
2 payment plans on offer
| Plan | Down payment | During construction | On handover | After handover | Structure |
|---|---|---|---|---|---|
| Payment Plan | 10% | 40% | 50% | none | 50/50 |
| 2 Years Post Handover Payment Plan | 10% | 90% | 0% | not stated | Post-handover, steps not readable |
Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape.
The payment plan
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.
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.
More in Mina Al Arab
The same slice of Mina Al Arab: handing over in 2026 5, with 10% down 12.
- AED/sqft
- n/a
- From
- AED 1.75M
- Handover
- Q2 2026
- Before keys
- 40%
- AED/sqft
- n/a
- From
- AED 2.20M
- Handover
- Q3 2028
- Before keys
- n/a
- AED/sqft
- n/a
- From
- AED 2.30M
- Handover
- Q1 2026
- Before keys
- n/a
- AED/sqft
- n/a
- From
- AED 5.50M
- Handover
- Q3 2025
- Before keys
- 40%
- AED/sqft
- 2,900
- From
- AED 6.07M
- Handover
- Q2 2028
- Before keys
- 60%
- AED/sqft
- n/a
- From
- AED 7.12M
- Handover
- Q4 2025
- Before keys
- 20%
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.
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.