EDGE⠀

By Flora Isle Development

From AED750,000

Property Type:	Unit type:	Size:	% Down	Payment Plan:	Handover:
Apartment	Not available	Not available	10%	60/40	Q2 - 2027

Overview

EDGE by RAK Properties introduces a new luxury living experience to Raha Island, Mina Al Arab. Discover a wide range of sophisticated residences, from elegant studios and suites to spacious apartments, penthouses and chalets.

EDGE is a premium residential project by RAK Properties on Raha Island in Mina Al Arab. Immerse yourself in waterfront elegance in one of EDGE’s premium studios, 1-2 bedroom apartments, 1-bedroom chalets or 2-bedroom penthouses in property sizes ranging from 375 sq. ft to 1,582 sq. ft, including balconies. The kitchens in these units will be fully equipped with top-of-the-line appliances.

There will be many recreational amenities available within and around the EDGE complex, including a lounge/clubhouse, skating area, outdoor children’s play area, lounge & bar and swimming pool. Residents will also enjoy a gym, outdoor fitness area, BBQ deck, children’s club along with various retail and F&B spots.

The residential complex will be situated near Sheikh Mohammed Bin Salem Road, offering quick access to other districts within the emirate. Ras Al Khaimah International Airport is a 25-minute drive away.

Several supermarkets, including Al Mondial, Choithrams and Bloom, are just a 5-minute drive away. Also, EDGE is surrounded by several schools within a 15-minute drive, such as Emirates National School, St. Mary’s High School and The Wellspring School.

Within approximately the same distance, you can reach many medical facilities, such as the American Medical Clinic, Al Jazeera Medical Clinic and Al Meena Medical Clinic.

As of May 2024, the starting rental price for a 1-bedroom apartment in Mina Al Arab is AED 29K (USD 8K) per annum, whilst the average ROI stands at 5%. These indicators will grow along with the development of the area, giving you the opportunity to generate passive income should you choose to lease your property out.

When investing at least AED 2M (USD 545K) into property at EDGE, you are granted the eligibility to apply for a renewable, 10-year Golden Visa which also covers a spouse, children and domestic staff.