AED 760,000
Own this from just
3,126 AED/monthAuction | Must Sell | Distress Sale | Investor Opp
• 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 website terms & conditions)
- Bid Live
Agency Fees: 2% of the final bidding price
Auction Highlights
• Must Sell - Distress Sale – Lowest Price in the Market
• Studio with Premium Finishes
• Flexible 60/40 Payment Plan (40% Already Paid)
• High ROI Potential in a Prime Waterfront Community
• Transparent, Regulated, and Secure Online Auction
Property Details
• Project: The Edge, Mina Al Arab • Developer: RAK Properties
• View: Lagoon View • Type: Studio Apartment • Size: 381 sq ft
• Floor: 5th •Bathroom: 1 •Category: Freehold
• Status: Off-Plan • Handover: Q2 2027 • RERA Registration: AED 3000
Investment Advantages
• Below Market Value Distress Deal - Subject to seller approval as per terms and conditions
• Located in Mina Al Arab – RAK’s Fastest-Growing Destination
• Premium Beachfront Lifestyle & Developer Reputation
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
About The Edge, Mina Al Arab
Developed by RAK Properties, The Edge is a stylish beachfront development that blends modern design with coastal living. Offering premium finishes and resort-style amenities, it’s one of Ras Al Khaimah’s most attractive investment opportunities
About Prime Property Auctions LLC
Prime Property Auctions LLC – OPC is the first and only licensed private real-estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA & RAK Municipality
Property details
Property Type
Apartment
Property Size
381 sqft / 35 sqm
Bedrooms
studio
Bathrooms
1
Available from
2 Nov 2025
Amenities
Central A/C
Balcony
Shared Pool
Security
Covered Parking
Built in Wardrobes
View of Landmark
Pets Allowed
Shared Gym
Lobby in Building
Location

Price Insights
This property costs 31% more than the average price of studio bedroom in Mina Al Arab
Average Sale Price is 581,676 AED
This property is 4% smaller than the average size of studio bedroom in Mina Al Arab
Average size is 397 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
Wael Gad
No ratings
Prime Property Auctions LLC
See agency properties (8)Experience
14 years
Languages
English, Arabic
Get the right mortgage for you
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Monthly payment
3,126 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
01K92VJ0R4KYYRKJNJM0KX3EAP
Listed
9 hours ago
Broker License
62509
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Own this property from just
3,126 AED /month
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