RAK Properties Sells Out First Phase of Mirasol

Thursday, 6 February 2025

RAK Properties has successfully sold out the first phase of Mirasol, its latest development in Ras Al Khaimah. The project, unveiled earlier this month, attracted strong buyer interest, reflecting the company’s AED5 billion gross development value (GDV) pipeline for 2025.

Key Highlights:

RAK Properties, Ras Al Khaimah’s leading publicly traded developer, has sold out the first phase of Mirasol.
The project received overwhelming interest following its recent launch event.
Mirasol is part of RAK Properties’ AED5 billion GDV pipeline for 2025.
CEO Sameh Muhtadi emphasized the strong demand, highlighting confidence in Ras Al Khaimah’s real estate market and the company’s commitment to developing world-class communities.