AED 1,050,000

Own this from just

4,319 AED/month
1 Bedroom
2 Bathrooms
944 sqft / 88 sqm
APARTMENT FOR SALE IN GATEWAY RESIDENCES 2, MINA AL ARAB

Auction | Distress Sale | Lagoon View I Vacant

Auction Details

• Auction Date: 11 November 2025 | Ends: 6:00 PM
• Permit No.: 20251001 – (Real Estate Regulatory Administration – RAK Municipality)
• Conducted By: Prime Property Auctions LLC – Licensed & Regulated

How to Participate

- Visit: //property-auction.ae/my-account
- Register & Verify Your Account
- Submit a 10% Refundable Deposit (subject to Auction terms & conditions)
- Bid Live

Agency Fees: 2% of the final bidding price

Auction Highlights

• Must Sell – Distress Sale – Lowest Price in the Market
• 1-Bedroom Apartment with Premium Finishes
• High ROI Potential in a Prime Waterfront Community
• Transparent, Regulated, and Secure Online Auction

Property Details

• Project: Gateway 2, Mina Al Arab
• Developer: RAK Properties
• View: Lagoon View
• Type: 1-Bedroom Apartment
• Floor: 1st Floor
• Size: 944 sq. ft.
• Bathrooms: 2
• Category: Freehold
• Status: Ready

Investment Advantages

• Below Market Value Distress Deal – Subject to seller approval as per Auction terms and conditions
• Located in Mina Al Arab – RAK’s Fastest-Growing Luxury Destination
• Premium Beachfront Lifestyle & Developer Reputation (RAK Properties)

Location Highlights

• 25 minutes → Ras Al Khaimah International Airport
• 45 minutes → Dubai International Airport
• Located within Mina Al Arab’s beachfront community, surrounded by retail, dining, and leisure destinations, including InterContinental Hotel & Resort and Anantara Resort

About Gateway 2, Mina Al Arab

Developed by RAK Properties, Gateway Residences 2 is a luxurious waterfront community in Hayat Island, Ras Al Khaimah. The project stands out with its modern architecture, elegant interiors, and and seamless blend of comfort and coastal sophistication seamless blend of comfort and coastal sophistication

Property details

Property Type

Apartment

Property Size

944 sqft / 88 sqm

Bedrooms

1

Bathrooms

2

Available from

3 Nov 2025


Amenities

Central A/C

Balcony

Shared Pool

Security

Covered Parking

Built in Wardrobes

View of Water

View of Landmark

Pets Allowed

Shared Gym


Project information

project imageproject imageproject image

RAK Properties developer Logo

Completed

Gateway Residences Phase 2 By Rak

1 and 2 bedrooms

Developed by:

RAK Properties

Delivery Date:

Q4 2024

Down payment:

10%

Property types:

Apartment


Location

Map preview
Tower illustration Placeholder
Gateway Residences 2
Residential Insights

Price Range:

1M-2.2M AED
Mina Al Arab Community
Mina Al Arab
Community Insights

Price Range:

385K-510M AED

Price Insights

This property costs 6% more than the average price of 1 bedroom in Mina Al Arab

Average Sale Price is 991,014 AED

This property is 19% bigger than the average size of 1 bedroom in Mina Al Arab

Average size is 791 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Mina Al Arab

Provided by

Agent Wael Gad

Wael Gad

No ratings

Prime Property Auctions LLC developer Logo

Prime Property Auctions LLC

See agency properties (9)

Experience

14 years

Languages

English, Arabic

See agent properties (9)

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Monthly payment

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Regulatory information
Regulatory information

Reference

01K95D6HJG0TNZ8QA6XTA8Y32R

Listed

8 hours ago

Broker License

62509

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