17 June 2025: RAK Properties, the premier real estate player on Ras Al Khaimah’s stock exchange, has introduced Solera, a dynamic residential offering poised to energise and anchor the vision of its signature coastal development, Downtown Mina.
Positioned on the vibrant Raha Island, Solera represents the inaugural milestone of the Downtown Mina master plan, an expansive urban district poised to redefine coastal living in the emirate. The development features 451 contemporary apartments across three uniquely styled mid-rise buildings, all unified by a central podium that fosters connectivity and community.
Downtown Mina is envisioned as a thriving lifestyle destination, set to host six integrated residential communities upon completion. Its prime location offers seamless access to the full suite of Mina’s amenities, including curated retail outlets, diverse dining experiences, verdant parks, shaded promenades, and vibrant public spaces designed for social engagement.
Solera offers residences ranging from 386 to 3,104 square feet, with starting prices from AED 768,000. Designed for contemporary lifestyles, each home is enhanced by a carefully selected collection of premium amenities. Highlights include a spectacular 40-meter infinity lap pool, a dedicated children’s pool and splash zone, and the Solera Flame Pavilion, a signature outdoor space complete with a BBQ kitchen for elevated social gatherings.
Further enhancing the community experience are distinctive lifestyle features such as a sculptural garden for moments of reflection, a telescope terrace offering panoramic sky and sea views, a hammock garden, a skate park, and a fully equipped fitness centre.
Addressing the evolving needs of today’s hybrid and remote professionals, Solera introduces The NOOK, an innovative co-working and social lounge designed to inspire creativity and connection among entrepreneurs and digital nomads.
Solera represents a new era of coastal urban living by RAK Properties, a place where contemporary architecture, elevated lifestyle features, and the natural beauty of Mina’s waterfront blend seamlessly.
In the official press release of RAK Properties, 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 neighborhoods 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.”
In the same press release, Muhtadi continued: “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.”
With the launch of Solera, RAK Properties is not only unveiling a dynamic new residential community but also signalling a bold evolution in Ras Al Khaimah’s urban identity. As part of the broader Downtown Mina vision, Solera captures the essence of next-generation living, one that blends smart design, lifestyle-driven amenities, and a deep connection to place. Backed by a strong pipeline of projects and a clear focus on delivery, RAK Properties is reinforcing its leadership in shaping the emirate’s real estate landscape. As Ras Al Khaimah rises in prominence on the regional and international stage, developments like Solera underscore the emirate’s appeal as a forward-looking, investment-ready destination for the modern resident and global investor alike.
