RAK Properties unveils Solera

Property RAK Properties unveils Solera
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The developer said it is targeting the handover of more than 800 homes to customers this year
RAK Properties has announced the launch of Solera, a new apartment community that aims to 'transform the downtown rhythm of its flagship waterfront destination, Mina'.
Located on Raha Island, Solera marks the start of development of the Downtown Mina district. Solera comprises of 451 units across three distinct buildings, all anchored by a shared podium. It serves as the inaugural community within RAK Properties' new district, the firm said in a statement.
Upon completion, Downtown Mina will boast six integrated residential communities, providing residents with proximity to the amenities offered by the wider Mina master plan. Situated alongside multiple retail and F&B destinations, the project offers easy access to landscaped parks, covered walkways, and community spaces. Apartments in Solera range from 386sqft to 3,104sqft and will be complemented by lifestyle amenities designed for contemporary living. Residents will also be able to enjoy a 40m infinity-edge lap pool, a dedicated kids' pool and splash pad, and the unique Solera Flame Pavilion, an outdoor gathering space equipped with a BBQ kitchen.
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.'
'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,' Muhtadi added.
Beyond its residential offerings, Solera residents will also benefit from a sculptural garden, a telescope corner that offers daytime and nighttime vistas, a hammock garden, a skateboard park, and a gym. To cater to the needs of today's increasingly mobile workforce, The NOOK, a dedicated social lounge and co-working space, will provide entrepreneurs and professionals to connect, share ideas, and grow their businesses, the developer concluded.

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