RAK Properties Sells Out First Phase of Mirasol Project

RAK Properties Sells Out First Phase of Mirasol Project

Post by : Omar Nasser

Jan. 31, 2025 4:45 p.m. 1240

RAK Properties, a leading property developer in Ras Al Khaimah, has sold out all the units in the first phase of its new project, Mirasol. This strong demand followed the project’s launch earlier this month, along with RAK Properties' plans to invest AED 5 billion in new projects by 2025.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel  

The first phase of Mirasol sold out quickly, showing that many people are eager to buy property in Ras Al Khaimah. This success also shows that the property market in the area is growing.

Sameh Muhtadi, CEO of RAK Properties, said, “The high interest in Mirasol shows that people trust the real estate market in Ras Al Khaimah. It also shows our commitment to creating world-class communities.”

The sale of the first phase of Mirasol is just the beginning. RAK Properties plans to launch more projects in the coming years to meet the increasing demand for homes in the region. This success shows that Ras Al Khaimah is becoming an attractive place for people to invest in property.

Israeli Strike Hits Beirut Apartment, Tensions Escalate

An Israeli airstrike hit an apartment building in central Beirut, injuring four people as attacks on

March 11, 2026 5:37 p.m. 172

Drone Debris Near Dubai Airport Injures Four, Flights Normal

Two drones fell near Dubai International Airport, injuring four people of different nationalities. A

March 11, 2026 5:19 p.m. 176

Shoma Banerjee: From Classroom to Canvas, Bringing Art Therapy and Bengal Heritage to Dubai

Dubai based artist and art therapist Shoma Banerjee blends Bengal folk art and science backed art th

March 11, 2026 12:54 p.m. 893

US Uses Emergency Funds for Middle East Evacuations

The US State Department approved emergency funds for charter flights to evacuate Americans from the

March 11, 2026 4:36 p.m. 173

Dubai Issues New Law to Regulate Shared Housing Units

Dubai introduces Law No. 4 of 2026 to regulate shared housing, set occupancy limits, protect tenants

March 11, 2026 4:30 p.m. 222

Daniel Radcliffe Calls Therapy Mandatory for Child Stars

Daniel Radcliffe says therapy should be mandatory for child actors, highlighting the mental health s

March 11, 2026 3:50 p.m. 182

BTS Free Seoul Comeback Concert May Draw 260,000 Fans

Up to 260,000 people are expected at BTS’ free comeback concert in Seoul on March 21. Authorities wi

March 11, 2026 3:27 p.m. 173

Isaac Del Toro Takes Tirreno-Adriatico Lead After Stage 2 Ride

Isaac Del Toro finished second on Stage 2 of Tirreno-Adriatico and took the overall race lead after

March 11, 2026 3:14 p.m. 237

Abu Dhabi Cracks Down on Price Hikes, Issues 416 Warnings

ADRA conducted 740 inspections across Abu Dhabi, issuing 416 warnings and 38 fines while ordering bu

March 11, 2026 3:04 p.m. 183
Sponsored
https://markaziasolutions.com/
Trending News

Bank of Baroda Faces Abu Dhabi Legal Battle over NMC Collapse

Bank of Baroda’s involvement in Abu Dhabi litigation tied to the NMC Healthcare collapse raises repu

Feb. 23, 2026 6:01 p.m. 503

Top Museum Openings of 2026 Set to Transform Global Tourism

From Los Angeles to Abu Dhabi and Brussels, 2026 brings major museum launches—Lucas Museum, Guggenhe

Feb. 23, 2026 5:36 p.m. 502

UAE Tour Highlights UAE’s Strength in Hosting Global Sports Events

Abu Dhabi Sports Council says the successful UAE Tour reflects the UAE’s leading role in hosting maj

Feb. 23, 2026 4:21 p.m. 467

EU Seeks Clarity from US After Supreme Court IEEPA Ruling

European Commission urges full transparency from the US on steps after Supreme Court ruling, emphasi

Feb. 23, 2026 4:04 p.m. 444

SpaceX Launches 53 New Satellites for Expanding Starlink Network

SpaceX launches 53 Starlink satellites in two Falcon 9 missions, breaking reuse records and expandin

Feb. 23, 2026 3:51 p.m. 442

RTA Awards Contract for Phase II of Hessa Street Upgrade in Dubai

Phase II of Hessa Street Development to add bridges, tunnel, and upgraded intersections, doubling ca

Feb. 23, 2026 3:20 p.m. 530

UAE Gold Prices Today, Monday 16 February 2026: Dubai & Abu Dhabi Updated Rates

Gold prices in UAE on 16 Feb 2026 updated: 24K around AED 599.75/gm, 22K AED 555.25/gm, and 18K AED

Feb. 16, 2026 6:04 p.m. 1124

Over 25 Ahmedabad Schools Receive Bomb Threat Email, Authorities Investigate

More than 25 schools in Ahmedabad evacuated after bomb threat emails mentioning Khalistan. Authoriti

Feb. 16, 2026 2:34 p.m. 505