Edge at Raha Island By RAK in Mina Al Arab
Edge at Raha Island By RAK · Mina Al Arab, Dubai
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Launch Price
AED 750,000
Property Type
Mixed-Use
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
10/50/40
Handover
Q2 2027
Projected Yield
6.0 to 8.3%
Launching in Mina Al Arab, Ras Al Khaimah, Edge at Raha Island By RAK is a multiple/other development priced from AED 750,000. Buyers pay 10% on booking, 50% across the construction phase, and settle the final 40% on handover in Q2 2027. Market conditions in Mina Al Arab support projected gross yields between 6.0 and 8.3 percent per year for this category of off-plan. With entry at AED 750,000, the monthly instalment commitment is within reach for many international buyers. MonthlyDubai matches you for free.
Payment Plan Breakdown
From AED 25,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 75,000 Due on signing SPA |
|
| During Construction | 50% | AED 25,000/mo 15 monthly instalments |
|
| On Handover | 40% | AED 300,000 Due at Q2 2027 |
|
| Total | AED 750,000 | ||
On Booking
10%
AED 75,000
Due on signing SPA
During Construction
50%
AED 25,000/mo
15 monthly instalments
On Handover
40%
AED 300,000
Due at Q2 2027
Total
100%
AED 750,000
Questions about Edge at Raha Island By RAK
What payment plan does Edge at Raha Island By RAK offer?
Edge at Raha Island By RAK uses a 10/50/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Edge at Raha Island By RAK fits your budget and send you comparable alternatives.
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