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Ras Al Khaimah · Mina Al Arab

Gateway Residences Phase 2 By Rak by RAK Properties

At a glance

Specifications

Address

Ras Al Khaimah,Mina Al Arab,Gateway Residences 2

Price range

AED 783,000–1,518,000

Completion

Ready

Payment plan

10% / 30% / 10% / 50%

Property type

Apartment

About this project

Gateway Residences Phase 2: Waterfront Apartments in Mina Al Arab from AED 783,000

RAK Properties developed this second phase of Gateway Residences in Mina Al Arab, one of Ras Al Khaimah's established master-planned waterfront communities. Phase 2 extends an existing residential estate, which means buyers can assess the finished surrounding environment before committing.

Mina Al Arab: What Being Here Actually Means

Mina Al Arab occupies the coastline of Ras Al Khaimah, roughly 45 minutes from Dubai via Emirates Road. The district is purpose-built around waterfront living rather than retrofitted into existing urban fabric. That approach shows in the scale of public spaces, the planned beach access, and the landscaping throughout the community.

The lower density compared to Dubai is a core feature of this location, not a limitation. Buyers who want resort-style amenities in a quieter environment tend to find this setup more livable. The proximity to Dubai also keeps this location credible for short-stay rental demand.

What AED 783K Gets You Here

The price range runs from AED 783,000 for a one-bedroom to AED 1,518,000 for a two-bedroom. The gap nearly doubles the cost for an extra room, but the unit mix inside both categories makes direct comparison worthwhile.

The one-bedrooms come in three layouts. Type B at 907 sq ft and Type A at 943 sq ft are compact, efficiently sized units at the entry price. Type C is also a one-bedroom but at 1,475 sq ft, making it significantly larger for the same starting figure. Buyers who want square footage without paying for a second bedroom should put Type C on their shortlist.

The two-bedrooms range from 1,259 sq ft (Type B) to 1,655 sq ft (Type D), all starting at AED 1,518,000. The larger Type D at 1,655 sq ft offers genuine family living area for a price that stays under AED 1.6 million.

Apartments for Residents and Investors

Only apartments are available. The one-bedroom units suit buyers looking for a compact holiday property or a rental unit with beach access inside a managed community. The two-bedrooms are aimed at small families or couples who want a primary or secondary residence with enough room to work from home comfortably.

What 23 Amenities Reveal About the Target Resident

Category Amenities
Wellness & Fitness Shared Pool, Shared Spa, Shared Gym, Private Gym
Outdoor & Nature Beach Access, Landscaped Parks, Balcony, View of Water, View of Landmark
Dining & Social Restaurants, Leisure Lounge, Children's Play Area
In-Unit Built-in Wardrobes, Kitchen Appliances, Walk-in Closet, Maids Room, Study, Central A/C
Services Concierge, Security, Covered Parking
Policy Pets Allowed

Two features stand out. Private gym access alongside the shared gym is uncommon at this price point. Maids room in one- and two-bedroom units signals a buyer who wants live-in help or a flexible extra room. The full set, running from concierge services to beach access, reads like a project built for people who plan to spend real time here, not just park capital.

Construction Completed Late 2024

Construction started in April 2024 with an expected completion of December 2024. That date has now passed, placing this project in the likely-already-handed-over category. Buyers entering at this stage are acquiring a built unit rather than taking an off-plan position.

Getting In for 10% Down

Phase Payment
Down Payment 10%
During Construction 30%
Handover 10%
Post-Handover 50%

A 10% entry payment is a low threshold for a project of this specification. The plan defers 50% to the post-handover period, which reduces the upfront cash burden significantly. For buyers entering now that the build has completed, the post-handover payment schedule runs against the current state of the unit rather than a construction timeline.

Payment plan

Pay as construction progresses

  1. Step 0110%
    Down payment10% paid
  2. Step 0230%
    During construction40% paid
  3. Step 0310%
    On handover50% paid
  4. Step 0450%
    Post handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Apr 2024

    Construction started
  2. Dec 2024

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Ras Al Khaimah,Mina Al Arab,Gateway Residences 2

Open in Google Maps
FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Gateway Residences Phase 2?

The starting price for apartments in Gateway Residences Phase 2 by RAK Properties is AED 783,000. This competitive pricing makes it an attractive option for buyers looking for off-plan properties in Ras Al Khaimah. With prices reaching up to AED 1,518,000, there are options suitable for various investment budgets.

Q02

What types of properties and prices are available in Gateway Residences Phase 2?

Gateway Residences Phase 2 offers a range of apartments in Ras Al Khaimah, starting from AED 783,000 and going up to AED 1,518,000. This development features modern apartments designed for comfort and luxury living, appealing to both investors and families seeking premium real estate.

Q03

What is the payment plan for Gateway Residences Phase 2?

The payment plan for Gateway Residences Phase 2 includes a 10% down payment, followed by 30% during construction, an additional 10% at handover, and 50% post-handover. This flexible structure allows buyers to manage their finances effectively while investing in Ras Al Khaimah real estate.

Q04

When will Gateway Residences Phase 2 be ready for occupancy?

Gateway Residences Phase 2 is expected to be ready by December 1, 2024. With construction starting in April 2024, buyers can look forward to moving into their new homes in Ras Al Khaimah soon after this date.

Q05

Where is Gateway Residences Phase 2 located?

Gateway Residences Phase 2 is located at Mina Al Arab, Ras Al Khaimah, specifically in Gateway Residences 2. This prime location offers residents easy access to beautiful beaches and landscaped parks, enhancing the overall living experience.

Q06

Who is developing Gateway Residences Phase 2?

Gateway Residences Phase 2 is developed by RAK Properties, a well-respected name in the UAE real estate market. Known for their commitment to quality and innovative designs, RAK Properties aims to provide luxurious living spaces that enhance community living.

Q07

What amenities are available at Gateway Residences Phase 2?

Residents of Gateway Residences Phase 2 can enjoy an array of amenities including beach access, landscaped parks, a shared pool, and a private gym. Additional features such as a leisure lounge, elegant lobby, and children's play area contribute to a family-friendly environment.

Q08

What types of properties are offered in Gateway Residences Phase 2?

Gateway Residences Phase 2 offers modern apartment units designed for comfort and luxury. These apartments are perfect for families, investors, and anyone looking to enjoy a premium lifestyle in Ras Al Khaimah's beautiful surroundings.

Q09

Is Gateway Residences Phase 2 a good investment?

Yes, Gateway Residences Phase 2 represents a strong investment opportunity in Ras Al Khaimah's growing real estate market. With competitive pricing, a flexible payment plan, and a range of premium amenities, investors can expect good rental yields and potential capital appreciation.

Q10

How can I book an apartment in Gateway Residences Phase 2?

To book an apartment in Gateway Residences Phase 2, interested buyers can contact RAK Properties or visit their website for more details. The booking process is straightforward, and with the attractive payment plan, securing your dream apartment in Ras Al Khaimah is easy.

Ready when you are

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